July 23, 2024
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Blockchain News

PayPal’s Blockchain Foray: Layer-2 Solutions and NFTs in Focus

Financial payments behemoth PayPal is venturing deeper into the blockchain realm with a keen eye on Layer 2 solutions and non-fungible tokens (NFTs). In recent developments, PayPal’s research and development endeavors have come to light through many patent applications, offering intriguing glimpses into the company’s evolving blockchain strategy. One such patent application, originally filed in

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Blockchain News

Shopify Partners with Solana Pay for Instant Crypto Payments: Revolutionizing E-commerce!

Solana Labs has announced a revolutionary cooperation with e-commerce juggernaut Shopify to change online commerce. Integrating the duo’s decentralized payment invention, Solana Pay provides a novel option for millions of Shopify businesses to process payments. The initial phase of this collaboration will include accepting USDC payments, with various additional cryptocurrencies expected to join the ranks

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Reviews

What does the future of crypto payments look like?

One of the main uses the cryptocurrency advocates have been pushing for is that crypto is a great avenue for payments. And indeed, the creation of Bitcoin and cryptocurrency did start from a desire to create a decentralized, peer-to-peer payment system. Unfortunately, while there have been great strides taken over the past few years to

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Blockchain News Latest News

Australia’s Bendigo Bank blocks high-risk payments to crypto exchanges

To protect its 2.3 million customers from investment scams, Bendigo Bank, one of Australia’s leading financial institutions, has taken a significant step in blocking “high-risk crypto payments.” The move comes after similar actions were taken by three other central banks in the country – Commonwealth Bank, National Australia Bank (NAB), and Westpac. According to the

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Blockchain News

Shiba Wings, Australia’s Shiba Inu-Themed Diner, Prioritizes Food Over Crypto Payments

Shiba Wings, an Australian fast-food diner with a Shiba Inu theme, has enjoyed a successful opening in Surfers Paradise. While customer appetite for their delicious fried treats has been strong, the same enthusiasm has not translated into crypto payments. Despite declining crypto transactions, the diner’s owner, Elijah, remains unfazed, emphasizing the focus on serving quality

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Blockchain News

Crypto Payments Platform Wyre Shutters Citing Bear Market Conditions

San Francisco-based cryptocurrency payments company Wyre is announcing its closure after nearly a decade in operation, attributing the decision to the financial difficulties posed by the prolonged bear market rather than any regulatory constraints imposed by authorities in the United States. In a blog post released on June 16, the company acknowledged its challenging choice,

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Latest News

MoonPay Oushes Into Retail Space With New Crypto App

MoonPay, a crypto payments company located in Miami, is continuing to broaden the scope of its offerings by releasing an app targeted toward retailers. This morning, a statement said that the software, which has been undergoing testing since March with 15,000 early access customers, is now generally accessible on the app stores maintained by both

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Events

VIP speakers to headline AIBC Eurasia’s Dubai event

Serial entrepreneur and investor Gary Vee, Wolf of Wall Street Jordan Belfort, and author John Lee are among a star-studded guest list for AIBC Eurasia.              Following a successful start to the year, the SiGMA Group is gearing up for its second event for 2023 in Dubai. AIBC Eurasia will take place from the 13th

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Latest News

Rappi, a delivery service, has launched a pilot project in Mexico to accept cryptocurrency payments

Rappi, one of Latam’s most popular delivery services, has opted to add cryptocurrency to its app. Customers will be able to use cryptocurrencies as a payment mechanism to purchase Rappi credits directly from the app, according to the business, which received a valuation of more than $5 billion in its Series G fundraising round last

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Latest News

Russia is expected to recognize cryptocurrency as a form of payment

According to local news sources, Russian authorities are planning to recognize digital assets as a type of cash. The government and the Bank of Russia have struck an agreement on how to regulate cryptocurrencies. That’s, according to Russian newspaper Kommersant, which subsequently tweeted… They are currently working on a draft law that will classify crypto

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