The rapid advance of globalization has certainly left its mark on the global economy and financial trades have become closely tied with each other wherever in the world. As such, today, more than ever, people need to be able to exchange their currencies as fast as possible and of course in the safest manner possible, no matter where they are in the globe. Of course this need has gone beyond the mere exchange of fiat currencies and now also includes digital currencies, whether people want to convert their fiat money to digital currencies or if they want to convert cryptocurrencies to fiat currencies. So, it can be seen how the need for the exchange of currencies has clearly evolved past the initial idea of an exchange should be. Users need a one-stop and also reliable platform that can take care of all their exchange needs and online payments. This is exactly what M.Credit offers. M.Credit is a decentralized exchange (sometimes referred to as DEX) that allows users to exchange their fiat money easily and like never before. But what is specifically different about M.Credit? Imagine a user lives in the US and wants to exchange dollars and send Turkish lira to someone in Turkey. Now, on the surface such a transfer of fiat money almost literally across the globe seems such a daunting task and quite a hassle. But it needs not be as such. Because with M.Credit you can provide your fiat money to this exchange with a simple bank transaction and then you or someone you choose will be able to receive your desired currency, in this case lira, anywhere you want, for instance in Turkey, in the form of a bank transaction with the fiat currency chosen.  In this way, you can easily send fiat money to anywhere in the world as easy as ever without having to worry about the difficulties of exchanging fiat currencies to one another. Just leave it all to M.Credit and it will be done for you. Furthermore, if the conditions allow for it, you might even be able to provide your fiat currency to the exchange in-person and also the delivery of the chosen fiat currency in the destination can also take place in-person, depending on the country of course. But this is only one of the services offered by M.Credit. Because with this decentralized exchange you will also be able to exchange digital currencies, more specifically Stablecoins with fiat currencies and vice versa. In addition, paying bills with cryptocurrency is also among the services that are made available to users, so that they would be able to pay their online bills without having access to any of the conventional payment methods such as credit cards without any worries.

Let’s first discuss the purchase or sale of Stablecoins in exchange for fiat money. This is one of the services that undoubtedly a lot of users around the world would really gain benefit from. Since essentially it is buying crypto with cash. Now before discussing any further, it must be mentioned that this process has two major advantages. First of all, you can purchase Stablecoins, which of course as you now are cryptocurrencies that through various mechanisms have come to have a fixed value on which you can depend, such as Tether or the Counos U (CCU) which is an algorithm-backed Stablecoin, ensuring that each unit will be equal to 1 United States dollar. Plus, you can exchange your fist currency with these Stablecoins. So what this means is that for a lot of people around the world where it would not be prudent to store fiat currency and invest in fiat currency, they can actually turn them into Stablecoins. Now keep in mind that with M.Credit the other way around is also possible, which means you can also sell your Stablecoins and receive your chosen fiat currency. This means that Tether to USD exchange is available in a smooth and straightforward process with this exchange. Of course, among other services that are offered by this exchange are PayPal payments. This is in fact one of the most prevalent forms of online payment across the globe in this day and age. Since the advance of various technologies have allowed for the creation of fields of work that had never existed before, and also a rather modern mode of working, which is of course remote. All of this has created a whole culture of freelance, remote work. The desired payment method in this ecosystem is almost always PayPal. But unfortunately in some countries people do not have access to PayPal and cannot have an account. But with this decentralized exchange now they can send and receive money through PayPal easily. The way it works of course is with the help of fiat money. You can provide fiat money and then send money with PayPal in another fiat money to anywhere in the world. Or you can receive your own money with the help of M.Credit in PayPal in your own fiat money in the form of banking transactions. So, this is another method that you can use to send and receive money globally with ease of mind and high speed with the help of this decentralized exchange. Last but not least, M.Credit also provides its users with extensive business consulting services no matter where they are in the world, so that they can carry out sound and proper business and commercial deals.

• It seems like there is more bad news for the platform Voyager on the way since Texas authorities object to Voyager’s disclosure statement in its current form.

• Kraken managing director Jonathon Miller says NFTs will be as disruptive as Bitcoin was 10 years ago.

• Japanese cryptocurrency businesses and exchanges have been in the crosshairs of North Korean hackers.

• There may be some good news for the Chinese crypto lovers after all, because Tron founder believes that crypto will return to China.

• Tesla CEO, Elon Musk is under investigation by the federal government.

• The Author of the book Rich Dad Poor Dad says he prefers crypto to real estate.

• 51% of Ethereum blocks are now in compliant with OFAC standards, which some say it raises censorship concerns.

• Academy Award winner actor Anthony Hopkins sells out NFT collection in minutes.

• Federal governor Christopher Waller says that United States CBDC or Central Bank Digital Currency would not enhance things the world loves about United Sates fiat currency.

• The SEC will soon take action against Ethereum.

• PayPal says the policy to punish users for misinformation was a wrong policy.

• Binance is looking to boost Web3 adoption in the so-called MENA region, including the middle east and North Africa.

• A big step toward the implementation of digital currencies as legal tender across nations – The Indian central bank has outlined the details of a digital rupee as the CBDC of this country.

• BNB chain is back online, following a suspension due to a $100 million cross chain exploit.

• Cardano founder has slammed the XRP community for spreading conspiracies about him.

• OpenSea chief financial officer leaves the company after 10 months in the job.

• A Bitcoiner claims to have found the long lost Satoshi Bitcoin codes with personal notations.

• The global fast food chain McDonald’s starts to accept Bitcoin and Tether in the Swiss town of Lugano.

• Good news for the world of music and art as they are getting closer to the Web3 technology – Warner Music Group partners with OpenSea to create more Web3 opportunities for artists.

• NFT trading volume plunges 98% from January despite rise in adoption.

• DeFi needs appropriate regulation before moving to retail, says US Federal Reserve Chair.

• More changes follow the Merge of Ethereum – and now 45% of Ethereum validators are now complying with US sanctions.

• Anonymous hacker group makes numerous allegations against Yuga Labs and its Bored Ape Yacht Club.

• Korean authorities order freeze of $67M of Bitcoin tied to the founder of Terra LUNA.

• Ethereum Merge spikes block creation with a faster average block time.

• Decentralized data in Web3 is the solution to Uber’s problem with hackers.

• California fraud cases highlight the need for a regulatory crackdown on crypto.

• AVAX has joined the list of cryptocurrencies that are available for trading on Robinhood platform app. “U Today”

• A digital Euro would preserve the role of public money as the anchor of the payments system in the digital age. “Coin Telegraph”

• The feature has been in test since May this year and will allow users in 100 countries to tag NFT creators and collectors. “Coin Telegraph”

• It seems that all the doomy forecast for BTC is coming true – Bitcoin has failed to reclaim $20,000 as support. “Coin Telegraph”

• In order to defend the Hong Kong dollar, the Hong Kong Monetary Authority or HKMA revealed it intervened in forex markets. “Bitcoin News”

• Solana near resistance level of 35 dollars. “Bitcoin News”

• The Web3 voter block prefers the Democratic Party in the US, a new survey shows. “U Today”

• With 10 percent drop in price, Stellar (XLM) appears as one of the most damaged crypto assets of the week. “U Today”

• More bad news for Bitcoin lovers – Bitcoin has once again lost its $20K support level. “Coin Telegraph”

• CEO of Japan’s leading banking group endorses Ripple’s partnership expansion. “U Today”

• The top 10 cryptocurrencies all saw losses over the period, with XRP leading the pack with over 10.58 percent. “Crypto Slate”

• Tax on income you never earned? It’s possible after Ethereum Merge took place this month. “Coin Telegraph”

• UFC fighter El Ninja to become the first Argentinian athlete fully paid in crypto. “Coin Telegraph”

• Chinese crypto billionaire is setting up a $250 million fund to buy distressed assets from Bitcoin miners. “Bloomberg Crypto”

• US Federal Reserve chairman wants appropriate regulation in place before the next crypto and DeFi bull market takes off. “Coin Telegraph”

• Central and commercial banks from Hong Kong, Thailand, China, and UAE have just concluded a month-long CBDC pilot which has been marked successful. “Coin Telegraph”

• Another milestone in the Ripple SEC legal battle – a new lawyer joins Ripple’s defense team as lawsuit enters key phase. “U Today”

• This week, US Federal Reserve chairman hinted that the US housing market needs a correction. “Bitcoin News”

• LUNC is the most unprofitable crypto among the top 100. “U Today”

• Some had suggested the exchange of national assets to Bitcoin and in response the Central Bank of Kenya’s director claimed he would have to be out of his mind before he agrees to convert the country’s reserves to Bitcoin. “Bitcoin News”

• Amid the energy crisis in Europe, Venezuelan president has said his country is ready to step up and help with oil. “Bitcoin News”

• Russia’s central bank and finance ministry agree on draft legislation allowing international settlements in cryptocurrency. “Bitcoin News”

• The largest bank in Southeast Asia, DBS, has launched self-directed crypto trading. “Bitcoin News”

• Global investment bank JP Morgan says it sees little demand for crypto as a payment method. “Bitcoin News”

• Binance is getting closer to the implementation of a tax on LUNC transaction. “U Today”

• In a new turn of events, Github has partially unbanned the Tornado Cash repositories. “Bitcoin News”

• Bitcoin fear and greed index is 24 – extreme fear in the market.

• Coinbase has received approval to offer its full suite of retail and institutional crypto products in the Netherlands. “Bitcoin News”

• A new bill in the UK will make it easier and quicker for law enforcement agencies to seize, freeze, and recover crypto assets. “Bitcoin News”

• Government officials from Ankara and Moscow reportedly discuss creating a Turkish-Russian payment system. “Bitcoin News”

• Dogecoin is already on track to ditch proof-of-work. “U Today”

• IRS to summon users who don’t report and pay tax on crypto transactions. “Coin Telegraph”

• The federal police of Brazil executed more than 100 court orders directed at six crypto exchanges and four forex operators. “Bitcoin News”

• The legal case between Ripple and SEC is headed toward conclusion after summary judgement filed.

• The US federal government is going to implement the biggest Federal rate increase in 40 years.

• Draft US Stablecoin bill would ban new algo Stablecoins for 2 years.

• After a series of critics spoke harshly regarding decentralized autonomous organizations, Ethereum co-founder Vitalik Buterin defends DAOs against critics.

• OpenSea to allow creators to host NFT drops directly through its homepage.

• Oman’s Indian embassy Twitter account compromised to promote XRP scam.

• Alameda Research trading company has announced that they will pay back the $200 million loan to Voyager Digital.

• The CEO of Wintermute stated that he is willing to speak to the hacker who stole 160 million dollars from this platform.

• US Congress demands crypto payments notification from State Department when helping Ukraine.

• A hacker took over the Twitter account of CoinDCX promoting fake XRP ads.

• Good news for grocery shoppers in Ukraine - Binance partners with Ukrainian supermarket chain to accept crypto. “Coin Telegraph”

• Ethereum fee data shows the Blockchain network’s transactions fees have been much lower than they were ten days before the Merge. “Bitcoin News”

• Robert Kiyosaki says the Federal Reserve raising interest rates will destroy the US economy. “Bitcoin News”

• XRP outperforms the top 10 cryptocurrencies in gains as its price suddenly surges 10 percent. “U Today”

• The European Central Bank (ECB) has selected five companies, including Amazon to help develop a digital Euro. “Bitcoin News”

• Coinbase is bankrolling six individuals suing the US Treasury Department over its crackdown on Tornado Cash. “Coin Telegraph”

• Celsius requests permission to sell off its Stablecoins. “Coin Telegraph”

• El Salvador’s pro-Bitcoin president announced reelection bid. “Coin Telegraph”

• Wallets like Meta Mask need to become more user-friendly. “Coin Telegraph”

• The United States Securities and Exchange Commission to address growing crypto issuer filings with specialized offices. “Coin Telegraph”

• Brother of former Coinbase employee pleads guilty to charges related to insider trading. “Coin Telegraph”

• The Multinational chain of coffeehouses, Starbucks has announced the firm has partnered with the Blockchain project Polygon. “Bitcoin News”

• In line with all the nearly all increasing statistics in the crypto world, Cardano sees 400% growth in number of projects building since December 2021. “U Today”

• Near Protocol will be the 14^th Blockchain network to host Tether, the largest Stablecoin in the market. “Bitcoin News”

• Cardano developers are right on track in their progress toward the Vasil hard fork. “U Today”

• Jitters and anxiety before the Ethereum Merge are causing outflow from Ether-based investment products. “Coin Telegraph”

• Tokenization of illiquid assets to reach $16 trillion by 2030. “Coin Telegraph”

• Good new on the cyber-crime front: the government has managed to seize some profits from North Korean hackers with the help of Chainalysis. “U Today”

• Coinbase steps in to help protect Tornado Cash crypto mixer from Treasury sanctions. “U Today”

• XRPL might soon upgrade with new DeFi and NFT functionality. “U Today”

• Dogecoin lawsuit is getting more complex; the $258 billion lawsuit filed against Elon Musk and Tesla over their Dogecoin promotions has grown with new Doge investors and defendants. “Bitcoin News”

• The European Union has recently announced it’s working on a system what will use Blockchain and NFTs as part of its fights against the counterfeiting of physical goods. “Bitcoin News”

• Twenty-four Republican lawmakers ask for clarification about US hypothetical CBDC. “Coin Telegraph”

• The UK wants to become the country of choice for those looking to create, innovate, and build in the crypto space. According to the UK treasury ministry. “Coin Desk”

• David Bowie’s estate recently announced it is launching a series of NFTs called Bowie on the Blockchain. “Bitcoin News”

• Another effort to scam crypto users. Ethereum ETH address of Vitalik Buterin used in unusual phishing campaign. “U Today”

• The treasury ministry of UK asked crypto exchanges and wallet providers to report sanction breaches in wake of the war in Ukraine. “Coin Desk”

• The central bank of Russia has reportedly admitted that cross-border payments in crypto are inevitable in the current geopolitical conditions. “Coin Telegraph”

• There seems to be a lot of hype around Ethereum before the merge – this time Ethereum’s sibling Blockchain Ethereum Classic saw its hash rate tap an all-time high at 48.82 TH per second. “Bitcoin News”

• The most important positions in Metaverse companies are R&D, product planning, and art. “Bitcoin News”

• Islamic State now experimenting with NFTs for financing. “AMB Crypto”

• 5000 Bitcoin transferred from a wallet created on 2013. “Bitcoin News”

• Elon Musk gets another chance to pump Dogecoin on a TV interview with Chris Rock. “U Today”

• In order to pay for the debt of the tax organization, the Argentinian Tax Authority has recently won a landmark case in the area, allowing to seize funds from a digital account. “Bitcoin News”

• Cardano overtakes XRP following price gain. “U Today”

• Hackers air an interview with Elon Musk on the YouTube channel of South Korea’s government. “Bitcoin News”

• The Indonesian government is set to launch a crypto bourse this year. “Bitcoin News”

• FIFA develops NFT platform. “Bitcoin News”

• Social media are struggling to deal with crypto giveaway scams. “U Today”

• 2 million dollars spent on Shiba in a week by a crypto whale. “U Today”

• Mario Abdo Benítez, the president of Paraguay has exerted an executive veto on the recently approved crypto bill. “Bitcoin News”

• The chief executive officer of Binance has lashed out at critics and conspiracy theorists for spreading false narratives, reaffirming that the crypto exchange is not Chinese-controlled. “Coin Telegraph”

• The new partnership brings XRPL to those Japanese businesses that are in the process of exploring Web3. “U Today”

• Blockchain data shows some long-dormant 10,000 BTC moving despite prices. “Coin Desk”

• The German Blockchain Association stated that NFTs are yet to be covered in the upcoming regulations. “Coin Telegraph”

• Crypto lender Celsius network expects 70 million dollars from loan payments that will extend its runway cost beyond November. “Crypto Slate”

• The Digital Dollar Project revealed that the sandbox program is set to start in October. “Bitcoin News”

• Despite the problematic history of September, LINK, CHZ, and ATOM will go through a variety of updates. “U Today”

• The Ethereum co-founder believes that crypto volatility will decline in the future. “U Today”

• More impacts from the bearish crypto market. Now, more institutional investors have started ditching crypto in Hong Kong, according to a recent survey. “U Today”

• EU lawmakers today voted against plans to probe the environmental impact of crypto mining. “Coin Desk”

• Georgia is one of the most crypto-friendly countries in the world. The government is now preparing the legal framework to become a hub for digital assets. “Coin Telegraph”

• For the second time this month there has been a surge in the mining difficulty of BTC. This time Bitcoin mining difficulty jumped about 10 percent higher. “Bitcoin News”

• The Eurozone hits a record 9.1 percent inflation amidst the ongoing Ukraine crisis. Energy, gas, and food prices have skyrocketed across the region. “Coin Telegraph”

• South Korea’s Blockchain city Busan seals deal with FTX to develop its Busan digital asset exchange. “Coin Telegraph”

• Dogecoin team dispels myth about whale who controls almost 30 percent of total Dogecoin supply. “U Today”

• The balance of Ethereum miner addresses exceeded 260,000 ETH valued at over 415 million dollars. “Coin Telegraph”

• Despite the bearish trend that has been going on for months on end, Bitcoin network’s hash rate and difficulty are both increasing. “Coin Telegraph”

• Robert Kiyosaki says all markets are crashing, specifically real estate, stocks, and Bitcoin. “Bitcoin News”

• Satoshi-era wallets return to life, one of them shifted 96 million dollars in Bitcoin. “U Today”

• In an announcement made by the Russian Central Bank, crypto fraudsters open offices to lure more investors in-person. “Bitcoin News”

• The Central Bank of Brazil selected Itau, one of the biggest banks in the country, to build a decentralized finance solution that includes a Stablecoin pegged to the real. “Bitcoin News”

• Mendoza, an Argentinian province with more than 2 million inhabitants, has enabled the payment of taxes using cryptocurrency. “Coin Desk”

• Bitbase, a Spain-based cryptocurrency ATM and store company, is preparing to launch operations in Venezuela. “Bitcoin News”

• Formula One also plans to offer crypto exchange services. “U Today”

• Wolf of Wall Street Jordan Belfort has warned the public about gambling in low-cap crypto assets. “Coin Telegraph”

• Ethereum’s current energy consumption equates to country with a population of about 19 million people. “U Today”

• More than 1.2 million Shiba burned over the last 7 days. “U Today”

• Cardano to become even more decentralized after implementing this update. “U Today”

• Shiba Inu is now behind Polygon after losing its bullish momentum. “U Today”

• A class action lawsuit alleges Coinbase failed in its obligation to set up robust security measures. “Coin Desk”

• Latvian citizen extradited to the US for defrauding crypto investors. “Bitcoin News”

• Gox doesn’t plan to provide Bitcoin payments anytime soon. “U Today”

• Dogecoin gets traction among whales and sneaks into top 10. “U Today”

• In the past 24 hours, Ethereum was the worst performing crypto out of the top ten largest coins. “Bitcoin News”

• NFT marketplace X2Y2 radically adjusts fees policy. “U Today”

• Singapore’s central bank sends crypto companies a questionnaire ahead of new regulations. “Bitcoin News”

• Good news for crypto loves in LatAm; Rico, a Brazilian brokerage firm, has announced it is expanding its portfolio of operations to include crypto services for the next year. “Bitcoin News”

• Authorities in Afghanistan go after crypto exchange under a ban imposed on online Forex trading. “Bitcoin News”

• Bitcoin falls to 20,230 dollars, getting closer to 20K once again. “U Today”

• Uniglo (with the ticker GLO) DeFi token launches to compete with Shiba and Dogecoin. “U Today”

• SEC accedes to Ripple’s request. “U Today”

• According to data released from the World Economic Forum, one of the reasons people push back against traditional financial institutions is that banks and financial institutions, demand more and more sensitive and personal info. “Bitcoin News”

• 14 million dollars in crypto turned down by a Doge co-creator offered to him to promote Dogechain. “U Today”

• Celsius: the firm’s bankruptcy filing has revealed several complexities in its operations. “Coin Telegraph”

• Singapore is intensifying its scrutiny of crypto-related firms in the city-state ahead of planned regulatory changes, according to a source. “Bloomberg Crypto”

• Despite the lower prices, Bitcoin’s hash rate has jumped significantly in recent times and block intervals have sped up a great deal. “Bitcoin News”

• In gender terms, the report found out of South Africa’s 4 million crypto owners, men account for 65 percent. “Bitcoin News”

• Vitalik Buterin has tweeted about censorship resistance. “U Today”

• According to data, about 17 percent of all the nodes in the Ethereum network are hosted by this company. “U Today”