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Cardano is set to receive a significant boost through an innovative partnership with Walmart, which will introduce a crypto cashback program featuring Cardano’s native token, ADA. Announced on February 3, this initiative aims to bridge the gap between traditional retail shopping and blockchain technology, offering ADA as cashback on everyday purchases at one of the world’s largest retailers. Notably, Walmart, which serves approximately 230 million customers globally, will work with Bring, a white-label crypto cashback company, to launch the program, enabling users to earn ADA for purchases made through the Walmart website. Using the Cardano-base lightweight wallet Yoroi, consumers will receive cashback in ADA on various products, including groceries, electronics, and household essentials. To participate, users must install the Yoroi Wallet Extension in their browser. Once set up, the extension will detect eligible purchases on Walmart’s online store and notify users of available cashback offers in ADA. Users can earn ADA rewards by accepting the offer and completing the purchase. Elsewhere, Bring also announced a similar partnership with Newegg, the online retailer specializing in electronics, computer hardware, software, and tech products. Through this collaboration, users can now shop for tech items and earn ADA cashback via GeroWallet, another wallet on the Cardano blockchain. These collaborations are crucial for Cardano, with major developments suggesting a potential bull market for ADA. Recently, Charles Hoskinson, founder of Cardano, advocated adopting Cardano’s blockchain technology to streamline U.S. federal budgeting processes, reduce corruption, and ensure transparency by allowing public verification of tax fund allocation. He further predicted that blockchain will become integral to U.S. government functions within five years, including voting systems, procurement, payments, identification, and central banking. His vision includes a ripple effect that could see up to 50 countries follow the U.S. lead, potentially transforming global governance and financial systems. Additionally, as Cardano expands its offerings to traditional investors and institutions through various publicly traded ETPs, including those by 21Shares, ETC Group, and Valour, many experts anticipate that ADA will soon gain approval for a U.S.-based exchange-traded fund (ETF). As a result, the likelihood of an ADA ETF for 2025 surged from 21% on January 1 to 69% on January 30, according to the market prediction platform Polymarket.

Texas pushes forward with a Bitcoin reserve bill to enhance state financial strategy. Several U.S. states, including Texas, explore Bitcoin as a state asset for economic growth. Texas’ Bitcoin reserve could strengthen its economic position in the global market. A Strategic Bitcoin Reserve bill in Texas was referred to the Senate’s Finance Committee today, signaling a step in the state’s push to hold Bitcoin as a reserve asset. This move comes with growing interest from various U.S. states in establishing Bitcoin reserves and could position Texas at the forefront of integrating digital assets into state financial strategies. NEW: A Strategic Bitcoin Reserve bill in Texas was referred to the Senate’s Finance Committee today. Bullish! pic.twitter.com/O3HEghjRlT — Bitcoin Magazine (@BitcoinMagazine) February 7, 2025 The proposal, which has already gained traction in Texas’ legislative circles, is part of a broader trend toward exploring how Bitcoin might be used as a store of value and a means to secure economic freedom at the state level. Texas Senate Bill 778: What’s in It? Introduced in December 2024 during the 89th legislative session, Tex… The post Texas Moves Forward with Bill to Create State Bitcoin Reserve appeared first on Coin Edition.

🚨 SparkCat malware in App Store & Google Play – steals passwords & photos The SparkCat Trojan has been discovered, analyzing phone photos to extract passwords, passports, and banking info It hides in app clones, infecting messengers, AI tools, and crypto services. The malware has been downloaded 242,000+ times!

Japan’s FSA enforces compliance rules on crypto exchanges. The FSA asked Apple and Google to disable non-compliant apps. The regulatory move does not target retail crypto investment. Japan’s Financial Services Agency (FSA) has told Apple and Google to stop offering app downloads for five crypto exchanges, including Bybit, MEXC, LBank, KuCoin, and Bitget. This is all about compliance. According to the agency, the action had nothing to do with trying to stop crypto investing. Instead, it aims to enforce already existing compliant requirements to ensure exchanges operating within the region do so under the defined rules. Related: Japan’s FSA Cracks Down on Unregistered Crypto Exchanges Although the FSA issued the restriction order in the previous week, Apple reportedly implemented the order on February 6. The telecommunications giant has removed the applications of the affected exchanges from its App Store, restricting downloads in the Japanese region. Japan’s Cautious Approach vs. Hong Kong’s Embrace Notably, Japan has been more cautious in its approach to the crypto industry than other parts of Asia. For example, the country has yet to decid… The post Japan Tells Apple and Google to Yank These 5 Crypto Exchange Apps appeared first on Coin Edition.

The Japanese Financial Services Agency has asked Apple and Google to remove apps from five unregistered overseas cryptocurrency exchanges, including Bybit, KuCoin, MEXC, LBank and Bitget. Apple Store Japan is currently unavailable for download these five CEXs.…