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 launches Agent Market job board for local services quote agent
NEAR has added a new job posting to its Agent Market for a Local Services Quote Agent, an AI agent designed to contact local providers, collect responses and return side-by-side comparisons of price and availability.
The listing appeared on the official NEAR DevHub channel and was also amplified by the project’s official social accounts. According to the post, the builder who takes on the job would keep ownership of the agent and retain the revenue it generates.
The job description frames the agent as a tool for gathering real quotes from local services rather than a general chatbot. It would reach out to providers, log the replies and organize the results so users can compare options more easily.
Builder-owned agents remain central to the marketplace pitch
NEAR has positioned the Agent Market around the idea that developers can publish agents, set their terms and keep ownership after the job closes. In the official posts, the company said builders keep the agent and can earn when it is hired.
The job board format also suggests a more structured approach to AI agent development, with specific tasks posted for builders to bid on. In this case, the task centers on a practical consumer workflow: collecting quotes from local providers and presenting them in a usable format.
NEAR did not say when the Local Services Quote Agent will be completed or who will take the job. The posting does, however, show that the Agent Market is actively listing new work and pushing the marketplace model as part of its product rollout.
The post NEAR launches Agent Market job board for local services quote agent appeared first on The Cryptocurrency Post.
Tech
Monad reports 1B transactions in 11 months
Monad said it has reached 1 billion transactions on its network, a milestone the project highlighted in an official post on X. The timeframe attached to the claim — 11 months — is part of the headline circulating with the update, but the post itself does not clearly spell out that period.
we really got 1 billion transactions on testnet before GTA 6 pic.twitter.com/bYrCHovN6i
— Monad (@monad) April 18, 2025
The figure points to activity on Monad’s testnet rather than mainnet. That distinction matters: a testnet can show developer and user engagement, but it does not by itself prove production usage or commercial adoption.
Monad has used recent public appearances and posts to emphasize network activity and developer interest around its ecosystem. Still, the transaction total should be read as a project-reported milestone, not as evidence on its own of demand, revenue or sustained onchain usage.
For readers following the chain, the main takeaway is narrow but concrete: Monad is claiming a large transaction count on its test environment, and the project is presenting it as a sign of momentum. The post does not provide additional breakdowns in the headline claim, such as the mix of user transactions, automated activity or the exact measurement method behind the total.
The post Monad reports 1B transactions in 11 months appeared first on The Cryptocurrency Post.
Tech
Aptos brings Encrypted Mempool to mainnet in move aimed at lowering MEV risk
Aptos said its Encrypted Mempool is now live on mainnet, giving users the option to encrypt transaction details before block ordering is finalized. The company said the feature is designed to reduce maximal extractable value, or MEV, which can include practices such as front-running and sandwich attacks.
In an official blog post, Aptos described the rollout as an opt-in feature at the transaction level. The network said the payload is encrypted on the client side, ordered while still encrypted, and only decrypted by validators after block finalization.
The company’s official account and Aptos Labs also confirmed the mainnet launch on X, with the Labs post adding that encryption happens before submission and that decryption takes place only after block ordering is complete. That sequence is intended to keep transaction contents hidden during the period when they could otherwise be observed and used for MEV extraction.
Opt-in design keeps the feature at the transaction level
Aptos framed the launch as a user choice rather than a default network setting. According to the company, Encrypted Mempool can be enabled per transaction, allowing users to decide when they want that added layer of protection.
The mainnet launch means the feature is no longer just a technical concept or test-stage mechanism. It is now part of the live Aptos network, with the practical effect depending on whether users choose to activate it for individual transactions.
The post Aptos brings Encrypted Mempool to mainnet in move aimed at lowering MEV risk appeared first on The Cryptocurrency Post.
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