Infura Embarks on a Decentralization Odyssey
Infura, the blockchain infrastructure heavyweight owned by ConsenSys, recently announced a lofty plan to decentralize its services by the end of 2023. The move aims to create a network governed by multiple entities, fortifying it against the potential pitfalls of centralized failure. While the buzz around the decentralized version of Infura is palpable, the […]
PayPal Takes a Leap into Web3 with New Feature for Crypto Payments
In a defining move that signals mainstream adoption of blockchain technology, PayPal has introduced a new functionality named “PayPal On and Off Ramps,” empowering Web3 merchants to seamlessly accept cryptocurrency payments. The global payments behemoth is extending this feature to U.S.-based customers, marking an integration with its existing platform, which has already ventured into […]
Meta Joins the AI Arms Race, Targets OpenAI with Open-Source Offering
Meta Platforms, Inc., the corporate umbrella covering social media behemoths Facebook and Instagram, is entering the high-stakes battle of artificial intelligence (AI). An exclusive Wall Street Journal report suggests that the tech giant is in the advanced stages of developing an AI model designed to go toe-to-toe with OpenAI’s cutting-edge models. According to insider […]
Colombia Sets Sights on Crypto Regulation
Colombia’s path to cryptocurrency regulation has been a winding one, fraught with legislative setbacks. But César Ferrari, the country’s Financial Superintendent, outlined a new agenda that suggests the government is finally ready to take action. Speaking at the Andicom International Congress of Information and Communication Technologies, held in Cartagena de Indias from September 6-8, […]
The Crypto Tug-of-War: How Bitcoin Shapes Argentina’s Political Landscape
As Argentina gears up for its impending elections, a recent study has added a unique twist to the country’s political narrative. According to research conducted by Synopsis Consultores, commissioned by cryptocurrency financial services firm Bitso, voters of Javier Milei from the La Libertad Avanza party and Sergio Massa from Unión por la Patria are […]
Bitcoin’s Lightning Network: A Quantum Leap Towards Global Payments?
In a recent appearance on CNBC’s Squawk Box, former Facebook and PayPal executive Marcus revealed the mission behind his new venture, Lightspark. Aimed at harnessing the prowess of Bitcoin’s second-layer protocol, the Lightning Network, Lightspark aspires to elevate Bitcoin from a speculative asset to a full-fledged global payment system. Marcus envisions a world where […]
Binance Parts Ways with Polygon-Based NFTs
Binance, the world’s largest cryptocurrency exchange by trading volume, announced last Friday that it’s discontinuing support for Non-Fungible Tokens (NFTs) native to the Polygon network. The move signals a reevaluation of its digital collectibles strategy and raises questions about the future offerings of its NFT platform, Binance NFT. In an official statement, the exchange […]
Visa Doubles Down on Blockchain: Bridging Traditional Finance and Web3
Visa, the ubiquitous financial services and electronic payments behemoth, has reaffirmed its commitment to integrating blockchain technology. Cuy Sheffield, the firm’s Director of Cryptocurrency, proclaimed that blockchain is entering its “broadband era,” reminiscent of the internet’s exponential boom during the ’90s. Skepticism is no stranger to disruptive technologies; the internet faced its share of critics, […]
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