Blockchain

The issuance of this license, provided by the Arkansas Securities Department, marks a pivotal moment for Alchemy Pay as it is the company’s first Money Transmitter License within the United States. Alchemy Pay, a cryptocurrency payment gateway, has significantly expanded its global presence by securing a Money Transmitter License in the state of Arkansas, United States. With the help of this license, Alchemy Pay will be able to provide the state with a wide array of financial services...

The trustee cited the need for additional time to facilitate the rehabilitation process. Defunct cryptocurrency exchange Mt. Gox has yet again postponed its repayment deadline by one year. This significant development was confirmed in a letter shared by Nobuaki Kobayashi, the trustee responsible for overseeing the rehabilitation of the exchange. Initially slated for October 31, 2023, the repayment deadline has been shifted to October 31, 2024, following approval from the Tokyo District...

On Sept. 19, Eclipse announced a new L2 architecture, which will leverage the Solana Virtual Machine while operating on Ethereum, hence bringing the advantage of the former’s speed and scale in transaction settlement. The newly promoted L2 architecture aims to redefine the scaling world by touching on areas like Ethereum settlement, execution using SVM, availing data with Celestia, and proving using RISC Zero. Bringing SVM Experience to EVM As per the press statement,...

After announcing its new payment stablecoin last month, PayPal revealed on Wednesday that Paypal USD (PYUSD) is now available to Venmo users for transacting with peers. Initially available to “select users,” access will expand to all Venmo users in the coming weeks, according to the company’s announcement. Venmo, a mobile payments app owned by PayPal, will allow users to buy and send PYUSD to other Venmo users and PayPal wallets. PayPal touts free stablecoin transfers between...

Circle, a stablecoin issuer, has introduced the USDC stablecoin into the Polkadot ecosystem of parachains. This move signifies a significant extension of the accessibility of this dollar-backed stablecoin across different blockchain networks. As detailed on Circle’s official website, developers and users can now readily access Polkadot USDC. That means the stablecoin can be seamlessly transmitted to parachains within Polkadot by leveraging the XCM protocol through Circle...

Blockchain is arguably becoming one of the most innovative and important technological trends in the world. More Companies Are Looking to Fill Blockchain Roles A new survey conducted by Heindrick and Struggles shows blockchain positions with Fortune 500 companies and related businesses are becoming much more common. Jeff Smith – a board member for ANZ and Sonrai Security – recently commented in an interview that there are several security issues companies are...

Grayscale’s decision to file for an Ether futures ETF comes on the heels of a significant legal victory against the US Securities and Exchange Commission (SEC). Renowned crypto asset manager Grayscale Investments recently filed for a new Exchange-Traded Fund (ETF) that will track Ethereum (ETH) futures, as reported by the Wall Street Journal. Grayscale’s Unique Approach In its previous attempt to launch a crypto ETF, Grayscale filed under the Investment Company Act of 1940. This filing,...

More than the risks to its financial reserves, and all the news about withdrawals, there is yet another reason that currently ticks off investors about Huobi. In June, Justin Sun floated a brainchild project that was targeted at crypto investors who had a knack for very high yields. Per his pitch, the project promised returns of 5% on low-risk securities like government bonds. Although there were always high expectations for the project, it may have already surpassed all. Barely two and a...

Le terme de « fork » peut être traduit par « embranchement » en français. Cela désigne toute forme de division du réseau de nœuds Bitcoin en différents groupes. Un fork se matérialise par la production de blocs différents à une même hauteur. Toutefois, on utilise également ce terme pour désigner les changements opérés sur les règles du protocole Bitcoin, c’est-à-dire au niveau du consensus. On peut...

The “Stand with Crypto” campaign will have a strategic focus on nine specific states in the United States: New Hampshire, Nevada, Ohio, Pennsylvania, Arizona, California, Georgia, Illinois, and Wisconsin. The Coinbase “Stand with Crypto” campaign is dedicated to advocating for favorable cryptocurrency legislation in the United States. This initiative follows extensive research by Coinbase, revealing that a majority of Americans believe the financial system requires significant reforms....