Tech
MetaMask, Mastercard, and Baanx Launch MetaMask Card for Crypto Payments
MetaMask, Mastercard, and Baanx have introduced an innovative pilot program for the MetaMask Card, a groundbreaking digital debit card designed to facilitate the direct spending of cryptocurrency from MetaMask wallets.
This card allows users to convert their crypto assets into fiat currency instantly and is accepted anywhere Mastercard is used. The MetaMask Card operates on the Layer2 network, #LINEA, enhancing transaction efficiency.
Currently, the card is available to a select group of users in the EU and UK and supports major cryptocurrencies including USDC, USDT, and WETH. This initiative is a notable advancement in integrating cryptocurrency with conventional financial transactions, reflecting a broader trend towards blending digital assets with everyday financial practices.
As of 2024, MetaMask has achieved a significant milestone, surpassing 30 million monthly active users and amassing over 100 million downloads across different platforms, including web browsers and mobile devices.
Despite its achievements, there is still room for improvement in the MetaMask wallet, but the company, under ConsenSys, remains committed to enhancing its offerings.
This launch represents a major development in the financial technology landscape, marking a new era where digital assets are increasingly accessible for daily use.
While MetaMask is not the first to venture into this space, it is part of a growing trend of integrating cryptocurrency into everyday transactions.
For the first time in 14 years, the ecosystem is supported by new rules and tools, fostering an environment ripe for innovation and growth.
Tech
AI Drones to Prevent Wildfires in Swarms
AI-powered drones may soon work in teams to prevent wildfires, according to UK researchers. The project, still in testing, aims to deploy up to 30 autonomous drones to detect and extinguish fires. This is the first initiative combining drone technology with swarm engineering for firefighting.
These large, twin-engine drones have a 9.5-meter wingspan and can carry significant amounts of water. Unlike human-piloted drones, they operate fully autonomously. Inspired by the coordinated behavior of birds and bees, the next phase of the research focuses on swarm engineering, where drones work together to tackle complex tasks, potentially transforming wildfire prevention efforts.
Tech
iPhone 16 Discounts Up to 11%
E-commerce platforms are offering discounts of up to 11% on Apple’s new iPhone 16 series in China, where Huawei is also making waves in the market. Ahead of the official release, online retailers are cutting prices as consumers await Apple’s debut of on-device AI software.
PDD Holdings’ Pinduoduo is selling the iPhone 16 Plus (512GB) for 8,999 yuan (US$1,268), marking a 10% discount from the official price of 9,999 yuan, while the 128GB iPhone 16 is available at an 11% discount.
News
Instagram Introduces Teen Accounts for Enhanced Safety of Underage Users
Instagram has launched “teen accounts” to safeguard users under 18, with features like automatic conversion to private accounts, restricted messages from non-followers, and limits on sensitive content.
Meta, Instagram’s parent company, announced the update, adding tools for parents to monitor app usage.
Teens will receive notifications to take breaks after 60 minutes and benefit from “sleep mode” notifications muting.
The feature will begin rolling out in the US, UK, Canada, and Australia, with global expansion expected by January 2025.
-
News3 months ago
Abba Kyari, Suspended Deputy Commissioner of Police, Denied Bail and Returned to Prison
-
News3 months ago
Woman Arrested for Smuggling Ammunition to Terrorists in Katsina
-
News2 months ago
School Collapse in Jos: 22 Dead, 132 Injured
-
News3 months ago
Robbers Disguised as Passengers Steal Motorcycles and Kill Okada Riders in Osun State
-
Fashion3 months ago
Choose your Best Dressed at Chivido’s Wedding
-
Entertainment3 months ago
Breaking News: Activist VeryDarkMan Arrested by Nigerian Police Once Again
-
News3 months ago
Car Fires in Hamburg
-
Entertainment3 months ago
Celebrating Love: Leo Dasilva & Maryam’s Journey to ‘I Do’