Summary: Block will integrate Square’s payment infrastructure into Apple’s upcoming “Tap to Pay” feature. The update for iPhones should roll out later in 2022 per reports. Square’s Point-of-Sales app will facilitate the contactless payment service. The payment portal does not yet support crypto. An early access program has been announced to help vendors test the …
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Alchemy, an Ethereum-based node infrastructure provider, revealed on 02 June, 2022 that it will now support the Solana blockchain. Solana developers will be able to grow their blockchain infrastructure requirements as a result of this development. Alchemy currently provides a node API for Ethereum and Polygon applications. Alchemy has spent years developing, fine-tuning, and putting …
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Throughout history, similar technologies have always emerged around the same time seeking similar outcomes but approaching the problem differently. Therefore, adopters should endeavor to examine each technology objectively when this market phenomenon arises. Advances in cryptography have resulted in the creation of novel privacy technologies that may be used to protect data privacy. Among them …
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EIP-4844 (also known as proto-danksharding) is an effort to propose an intermediate solution for the high gas fees issue on Ethereum. The solution proposes expanding block space inside the network by implementing a transaction format that is otherwise planned to be implemented in sharding, an Ethereum scaling approach. Due to the time it takes to …
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A new survey conducted by digital asset investing firm CoinShares is revealing three crypto assets attracting investment fund manager capital away from Ethereum (ETH). In the latest CoinShares’ May 2022 survey, the digital asset investment firm says XRP, Cardano (ADA) and the native token of Polkadot (DOT) are all attracting more investor dollars as allocations to …
Popular strategist Michaël van de Poppe is analyzing four leading altcoins as the crypto market continues to range. Starting with the native token of decentralized applications blockchain Avalanche (AVAX), Van de Poppe tells his 606,600 Twitter followers that AVAX is exhibiting signs of bullish divergence on the daily chart. The crypto strategist says AVAX could …
Japan is moving forward with legislation regarding the issuance of stablecoins i.e. digital assets with their value pegged to fiat currencies or stabilized by an algorithm. On June 3, Japan’s parliament passed a bill to ban stablecoin issuance by non-banking institutions, local news agency Nikkei reported. The bill reportedly stipulates that the issuance of stablecoins …
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Bitcoin (BTC) climbed to fresh local highs overnight into June 3 after United States equities cut losses. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Wall Street provides short-term relief Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining steadily to hit $30,670 on Bitstamp before consolidating. The mood among stocks was more solid during …
Bitcoin carried itself to cross the $30,000 level on Monday. A level considered to be a major technical threshold; dictating the price movement of Bitcoin moving forward. A day later, the price touched a weekly high of $32,249 but soon plunged to rest below the critical threshold. As of now, the price is back at …
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Summary: Authorities plan to implement the policy by 2023. The law defines stablecoins as digital money and places its issuance with regulated banking institutions. Japan’s new bill also links Stablecoins with the Yen to allow redemption at face value for holders. Existing stablecoins like USDT and USDC do not fall under the purview of the …
Buterin praised the governance model, saying that it would lead to long-term success through the representation of non token holders’ interests. Optimism airdropped the OP governance token earlier in the week. Community members and others have shown a lot of excitement for the new governance experiment. Ethereum co-founder Vitalik Buterin offered some praise and support …
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! A Twitter exchange about EOS, and its lackluster performance, has renewed focus on Block.one’s Bitcoin reserves. Trader @i_am_jackis asked the Twitterverse why the EOS market cap is “still 1.2B?,” adding that EOS holders should move on and sell for BTC. “How …
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Calls have been issued in Armenia for the central bank to do its job and put the country’s crypto space in order. Both government regulators and representatives of the financial sector insist that the industry needs regulation to prevent the use of cryptocurrencies for illicit purposes. Bankers and Tax Officials in Armenia Call for Crypto …
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The legal representative of victims of the Onecoin bitcoin scam operation, Jonathan Levy, has accused the Bulgarian prosecutor of deliberately failing to take action against Onecoin. The lawyer said due to the prosecutor’s inaction, more victims are losing millions of dollars to the fraudsters. Prosecutor Refusing to Take Action Against Ruja Ignatova’s Mother A lawyer …
Sunacrip, the Venezuelan cryptocurrency watchdog, has issued a new internal providence that defines the guidelines it will follow in dealing with reports of suspicious activity related to fintech platforms. The document describes that the use of unauthorized platforms might constitute a suspicious activity, which could ostensibly lead to penalties of $15,000 for its customers. Sunacrip …
