Digital banking, also known as online banking or e-banking, refers to the delivery of financial services through digital channels such as the internet, mobile devices and automated teller machines (ATMs). Digital banking has become increasingly popular in recent years, but its origins can be traced back several decades. Here’s a brief history of digital banking. Early automation (1960s to 1980s)…
This story comes from GG. Your Web3 Gaming Power-Up Discover GG Gamer and content creator Bryan “Brycent” Johnson has signed with major esports organization XSET as its first Web3 gaming content creator. Brycent will also remain signed to Gary Vaynerchuk’s VaynerSports as his talent management firm. Brycent was a software engineer before he gave it all up to become a…
Bitcoin dropped for a second consecutive session on Thursday, as price moved towards a key point of support. Today’s sell-off has sent the cryptocurrency below $29,000, with the coin now trading at a ten-day low. Ethereum fell to a one-week low in today’s session. Bitcoin Bitcoin (BTC) was once again in the red on Thursday, as traders continued to secure…
Ethereum proponents celebrated the growth in daily revenue, while many others pointed toward network congestion and difficulty in usage. Source: https://cointelegraph.com/public/index.php/news/ethereum-gas-fee-jumped-due-to-meme-coin-frenzy-with-mixed-comments-on-network-usability
Hashing It Out Episode 16 explores one of the most popular use cases for cryptocurrencies: payments. Elisha Owusu Akyaw is joined by Ran Goldi, vice president of payments at Fireblocks, to explore the rapidly evolving world of crypto and payments, the steps necessary for adoption, the role of stablecoins, and the hurdles — such as the collapse of crypto-friendly banks…
Launched in mid-April 2023, PEPE is an example of a memecoin, though one of a different variety than the oft-popular doge or Shiba Inu tokens. Memecoins—cryptocurrencies based on internet memes and usually popularized and promoted by influencers or major figures in the space like Elon Musk—have drawn both investor attention and eyerolls over a perceived lack of seriousness. But the…
Bluesky, the decentralized Twitter alternative backed by the social media platform’s former CEO Jack Dorsey, has launched an Android app. The platform’s launch on Android follows the release of an app on Apple’s iOS in March. Bluesky is also available for desktop users in a testing environment at staging.bsky.app. For the time being, Bluesky is restricted to users who’ve joined…
Web3 interoperability is important to building a decentralized ecosystem that is scalable, secure and provides a seamless user experience. Radix, a Layer-1 protocol, has partnered with LayerZero, an interoperability protocol, to integrate LayerZero with the Radix Babylon public network. The integration encourages cross-chain communication and asset transfers to the Radix ecosystem, benefitting both platforms and their users. Web3 interoperability refers…
Prosecutors in Montenegro have reportedly issued the indictments to Terra co-founder Do Kwon after arresting the executive in late March. The Prosecutor’s Office of the State of Podgorica has indicted former Terraform Labs co-founder and former CEO Kwon for forgery of legal documents, the Korean industry-focused news agency Block Media reported on April 20. The charges came a few weeks…
After two consecutive delays, the European Parliament has finally conducted the final vote on the Markets in Crypto-Assets Act, known as MiCA. Now the legislation, introduced for the first time in 2020, should grant approval from the European Council to be published as an effective regulation. On April 20, immediately after the voting, MiCA’s rapporteur and the Member of the…
