Crypto Ethone

  Solana Pay is designed to make it easy for both sellers and buyers to do transactions using stablecoins that are tied to the value of the US dollar. The Solana Network’s payment protocol, Solana Pay, has been incorporated into the popular online shopping platform Shopify allowing millions of businesses using Shopify to now accept payments in USD Coin (USDC).  The collaboration was  announced  on Wednesday. Solana Pay is designed in a way that avoids the need for middlemen like banks.  This helps businesses by removing charges banks might apply, reducing instances where payments are reversed, and eliminating delays in accessing funds. Additionally, the technology allows for quick and direct processing of payments using stablecoins, which are cryptocurrencies tied to the value of the US dollar and work well with the Solana network. Josh Fried, Head of Commerce Business Development, Solana Foundation, said: “Solana Pay on Shopify opens up millions of merchants ...

The exchange has been granted both a Bitcoin Services Provider license and the first non-provisional Digital Assets Services Provider license, allowing it to offer tailor-made products and services in the country. Binance is pleased to announce that it has become the first fully licensed crypto exchange in El Salvador after being granted both a Bitcoin Services Provider license (BSP) by the Central Reserve Bank (Banco Central de Reserva) and the first non-provisional Digital Assets Services Provider license (DASP), by the National Commission of Digital Assets (Comisión Nacional de Activos Digitales).  This milestone achievement represents another step in Binance ’s ongoing efforts to get local licenses and permissions in key markets worldwide.  With this, the company has approvals and registrations in 18 markets worldwide, including France, Italy, Spain, Sweden, and Dubai, more than any other crypto exchange. Min Lin, Binance Head of Latin America, commented: “We are honored ...

  Tokenized Coinbase Stocks Are Coming to Polygon Thanks to Backed Finance Backed Finance has integrated Chainlink’s price feeds, onboarding a suite of tokenized assets to six different blockchains. After Backed Finance added  Chainlink ’s price feeds, the tokenization project is now launching its various tokenized products to a variety of networks. Backed is a  DeFi  project working in the tokenization and real-world asset sector. This means it’s attempting to onboard popular traditional assets, such as stocks and bonds, onto the blockchain. The networks included in this launch are  BNB Chain ,  Polygon , Gnosis,  Avalanche , Fantom, and Arbitrum . The project was originally launched on  Ethereum . The tokenization project has indicated that it will support additional networks in the future. “It’s about bringing our products directly to these active ecosystems and offering flexibility to users,” Backed Finance co-founder Adam Levi told  Dec...

  The protocol’s contracts are now frozen as contributors attempt to make contact with hackers to negotiate a return of funds. Solana-based decentralized exchange Cypher lost close to $1 million in crypto Monday due to an exploit or security incident. The protocol’s contracts are now frozen as contributors attempt to make contact with hackers to negotiate a return of funds. Cypher is one of the fastest-growing protocols on the solana blockchain in part because of its loyalty program, which rewards depositors and traders with points that many users expect is the setup for an airdrop. The exploit comes during Cypher’s biannual hacker house mtnDAO which it hosts in Salt Lake City alongside fellow Solana trading protocol marginfi. In it’s discord channel, marginfi said it was not impacted by the hack.

  Bitcoin could hit a new high now that BlackRock's Larry Fink got 'orange-pilled' and became a true believer, billionaire Mike Novogratz says BlackRock CEO Larry Fink's  conversion  into a  bitcoin  devotee is this year's headline event for the token and could send it to a new record high, crypto bull billionaire Mike Novogratz said. "I think the most important thing that happened this year in bitcoin is Larry Fink," the Galaxy CEO said in an interview on Bloomberg TV with  David Rubenstein . "He got 'orange-pilled,' as we say — orange-pilled is when you take a non-believer and you make him a believer in bitcoin  — and Larry was a non-believer, now he says, 'hey, this is going to be a global currency.'" The comments follow BlackRock's  June application to establish a bitcoin spot ETF ; it's among the biggest signals of institutional support for the cryptocurrency. Added to that, Fink himself has remarked bullishly on dig...

  Could Bitcoin stick it out like a roach, or would a worldwide collapse lead to the inevitable demise of Bitcoin ? We often use the term “anti-fragile” or “censorship-resistant” to describe Bitcoin .  But do these terms still apply if the internet is intentionally cut off or if some horrible, catastrophic event ends up happening? The short answer? Yes , Bitcoin can survive an apocalypse .  Not only this, but Bitcoin is actually the most robust network on the planet, as well as the most likely to stay alive in some sort of apocalyptic situation. Do you need internet service in order to use Bitcoin? No .  Do you need power from the grid? No .  The idea of “off-grid” Bitcoin usage is one that encompasses many different rabbit holes which we’ll be exploring. This article is an attempt to answer a hypothetical question and to show that there are already different options to send bitcoin which don’t depend on the internet or power grid. Bitcoin is apocalypse-resist...