Tech
Mastercard Launches “Crypto Source” to Bring Crypto Trading to Banks
The payment giant Mastercard has launched a new program dubbed “Crypto Source” in collaboration with cryptocurrency trading platform Paxos to enable banks and financial institutions to offer safe crypto trading services to their customers.
As per the announcement, the initiative would serve as a “bridge” between banks and the crypto trading platform Paxos. Mastercard will also handle security and regulatory compliance, two issues that are preventing banks from participating in the provision of crypto trading services.
As a result, Mastercard’s financial institution partners will have access to a full range of buy, hold, and sell services for a selection of cryptocurrency assets, as well as advice and proven identity services.
MasterCard Crypto Source to Allow Banks’ Crypto Services
The company claims that Mastercard Crypto SecureTM, which is a complement to the Crypto Source product, would help card issuers comply with stringent rules while enhancing the security of the crypto ecosystem.
The deal, according to Mastercard, seeks for Paxos to offer custody and trading services for crypto assets on behalf of the banks, while Mastercard will use its technology to incorporate such capabilities into the bank interfaces.

These services, according to the statement, contain four main parts: technology and partnership support to enable the purchase, holding, and sale of specific crypto assets; security management; crypto spending and cash-out capabilities given through a range of products and Crypto programme management.
Speaking on the partnership, Jorn Lambert, Chief Digital Officer at Mastercard, said, among other things;
“We’re excited to build on our long-term partnership with Paxos–co-innovating to bring safe and secure technology to financial institutions. Our crypto product innovations will provide choice at scale and continue to bring one-of-a-kind opportunities to financial institutions as they seek to offer new, advanced services to their customers”
Furthermore, Walter Hessert, Head of Strategy at Paxos, said that Mastercard has a strong worldwide network of financial institutions and that this service would allow those institutions the fastest and most reliable option to provide their customers with safe, reliable crypto access.
“We’re thrilled to partner with Mastercard to further accelerate the mainstream adoption of digital assets,” he said
Eligible financial institutions now have the option to manage customer investments in crypto assets directly thanks to this special mix of services.
But according to the company, the Mastercard Crypto Source is presently being readied for pilot projects, and they will make more information on its wider availability available at a later time.
MasterCard’s Web3 Advocacy
The payment giant has been quite active in the blockchain space. As previously reported, Mastercard and Binance introduced the Binance Card in August to bridge the gap between cryptocurrency and everyday transactions in Argentina.
Similarly, the company teamed up with several NFT marketplaces in June to take payments via its network for NFT purchases, making it “easier and safer” to buy NFTs.
The post Mastercard Launches “Crypto Source” to Bring Crypto Trading to Banks appeared first on The Cryptocurrency Post.
Tech
NEAR AI says IronClaw 1.0 is now deployed as part of July shipments
NEAR Protocol said its July shipments included NEAR staking for NEAR AI compute going live and the launch of IronClaw 1.0 on mainnet, marking a new step in the project’s AI and agent-related rollout. In a blog post announcing IronClaw 1.0, NEAR AI said the release is deployed across NEAR Foundation and NEAR AI.
The official recap also grouped the updates with broader AI and agent infrastructure changes, suggesting the deployments were part of a wider set of July deliveries rather than a standalone launch. That framing matters for readers tracking the project’s product pace: the post presents staking and IronClaw as live components, not as plans or test-stage features.
What NEAR said changed
According to the recap shared by NEAR Protocol, NEAR staking for NEAR AI compute is now live. The same update says IronClaw 1.0 has launched on mainnet, adding an additional deployment milestone to the project’s AI stack.
A separate post from a member of the project community also pointed to staking mechanics for NEAR AI compute and IronClaw hosting, but the clearest public confirmation in the material comes from NEAR’s own recap and the IronClaw 1.0 announcement.
The available information does not spell out all operational details of the deployments in one place, but it does make one thing clear: NEAR is presenting both the compute staking component and IronClaw 1.0 as active releases rather than future roadmap items.
The post NEAR AI says IronClaw 1.0 is now deployed as part of July shipments appeared first on The Cryptocurrency Post.
Tech
BNB Chain says BEP-590 helped push finality below one second
BNB Chain says its latest consensus-related upgrades have brought the network to sub-second finality, with the project pointing to BEP-590 and BEP-648 as key steps in the process. In an official blog post, the network said production finality has reached about 0.65 seconds after a sequence of upgrades.
The company described BEP-590 as an update that extended voting to recent ancestor blocks, a change it said was meant to absorb network jitter and improve finality speed. It said that approach brought average finality down to roughly 0.9 seconds.
BNB Chain 🤝 Sub-second finality
Apps, bridges, exchanges, and users now get settlement certainty in ~0.65 seconds, enabling faster deposits, cross-chain transfers, and near-instant confirmations.
Nearly 70x faster with zero EVM migration.
Here’s how BSC got there 🧵👇 pic.twitter.com/9D7plnCeQg
— BNB Chain (@BNBCHAIN) July 30, 2026
BNB Chain then pointed to BEP-648, which it said added an in-memory vote pool that aggregates votes in real time. According to the network, finality is confirmed at about 0.65 seconds once a two-thirds quorum is reached.
A sequence of upgrades, not a single switch
The blog framed the improvement as the result of a series of BEP upgrades rather than one isolated change. BNB Chain said the move from a 45-second finality model to around 0.65 seconds came through sequential updates, with BEP-590 and BEP-648 among the most recent steps highlighted publicly.
The sub-second result was presented as the outcome of layered consensus changes, not a standalone upgrade with an immediate effect on its own.
BNB Chain’s public thread also linked to the blog for further detail, but the core claim remains the same: the network says it has crossed into sub-second finality on production systems.
The post BNB Chain says BEP-590 helped push finality below one second appeared first on The Cryptocurrency Post.
Tech
NEAR Integrates Confidential Intents to Anchor Emerging Agentic Economy
NEAR Protocol is shifting its infrastructure toward the “agentic economy,” integrating confidential execution and intent-based systems to support autonomous AI agents. The latest updates, detailed in the NEAR official roadmap, highlight a focus on enabling machines to act as economic participants through private coordination and universal liquidity.
The core of this transition is Confidential Intents, a feature designed to provide privacy for cross-chain trading and payments. Unlike fully transparent decentralized finance (DeFi) protocols, which expose transaction details to bots and observers, Confidential Intents utilizes private shards to mask transaction size, direction, and asset pairs by default. The protocol aims to combine the privacy levels of specialized chains with the composability of public networks.
Adoption Metrics and Private Volume
Data from the second quarter indicates a significant shift toward private transaction execution within the ecosystem. According to an analysis by Nansen, Confidential Intents’ Total Value Locked (TVL) surpassed $30 million. Furthermore, the firm reported that 42% of the swap volume on the near.com interface was executed privately by default during this period.
4/ NEAR is also extending its cross-chain thesis into privacy.
Confidential Intents hides transaction size, direction, timing, and asset pairs while supporting selective disclosure.
By Q2:
→ Confidential Intents TVL exceeded $30M
→ 42% of https://t.co/POsLNajW9A swap volume…— Nansen 🧭 (@nansen_ai) July 29, 2026
The integration of intents—a system where users specify a desired outcome rather than a sequence of technical steps—has expanded beyond native protocol tools. Third-party platforms including SimpleSwap and Ledger have recently incorporated NEAR-powered intent systems, facilitating swaps across more than 30 different blockchains.
Building Infrastructure for AI Agents
NEAR’s objective is to provide an “open stack” for AI agents that require more than just a large language model to function as economic actors. According to the protocol’s development team, an effective agentic economy requires several specialized capabilities, including:
- Confidential execution: Allowing agents to process sensitive data and financial moves without public exposure.
- Settlement speed: Infrastructure capable of handling machine-driven transactions at a micro scale.
- Universal liquidity: Enabling agents to access assets across multiple chains without fragmented user experiences.
- Private inference: Ensuring that the data processed by AI models remains secure.
The project characterizes Confidential Intents as a solution to the tension between high-speed execution and the liability of on-chain transparency. By running these flows on a private shard rather than relying solely on client-side zero-knowledge proofs, the protocol claims to maintain a standard user experience while preventing the leakage of trade positions.
Future Strategic Focus
The roadmap through 2026 continues to emphasize the convergence of AI and blockchain settlement. Beyond current swap and payment features, the protocol is working toward “Universal Send,” a feature intended to allow confidential payments to any user on any chain without exposing wallet history.
While the infrastructure for these agent-led transactions is scaling, with NEAR Intents cumulative volume reportedly reaching $19 billion in late May, the long-term success of the “agentic economy” depends on the developer adoption of these private execution layers and the continued integration of secure public-sector AI initiatives.
The post NEAR Integrates Confidential Intents to Anchor Emerging Agentic Economy appeared first on The Cryptocurrency Post.
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