Blockchain

Blockchain
Making Sense of Embedded DeFi’s Role in Web3’s Future
May 17, 2024

The Web3 space has its sights set on transforming payments and commerce via blockchain technologies. And with the news Wednesday (May 15) that Safe has announced the integration of native swaps directly within its Web3 SafeWallet platform, bringing the benefits of embedded decentralized finance (DeFi)...

Bitcoin
Bitcoin Payment Processor IBEX Pay to Suspend Services in US
May 16, 2024

Bitcoin payment processor IBEX Pay will suspend all its services in the United States, effective May 31. The company announced the move in a Wednesday (May 15) post on X (formerly Twitter). “Any outstanding balance will be transferred to our clients’ Swan accounts or Bitcoin addresses,” IBEX Pay...

Blockchain
Stripe to Launch Support for Global Stablecoin Payments This Summer
April 25, 2024

Stripe is bringing back crypto payments after stopping them in 2018. John Collison, co-founder of Stripe, said in a Thursday (April 25) post on X (formerly Twitter): “Crypto is back.” Crypto is back. @Stripe will start supporting global stablecoin payments this summer. Transactions instantly settle on-chain and...

Blockchain
Making Sense of Why FIs Are Tokenizing Real-World Assets 
April 19, 2024

The tokenization of real-world assets (RWA) is emerging as more than just a token exercise. It’s another function of the blockchain landscape that has captured the imagination of various players across payments, finance and commerce: the ability for organizations to represent ownership rights of a...

Blockchain
This Week in Web3: Bitcoin Halving, Stablecoins, Bankman-Fried
April 17, 2024

The bitcoin halving is imminent, and crypto is on everyone’s mind this week. That’s because the technical event, which happens every four years and serves to create more scarcity of the nominal cryptocurrency asset — of which only 21 million will ever exist — is...

Blockchain
This Week in Web3: Usability, Utility and Oversight 
April 10, 2024

The next iteration of the internet, Web3, has been around for a while now.  Meta’s Reality Labs division — the arm of the tech giant that focuses on metaverse, mixed reality (MR), augmented reality (AR), virtual reality (VR), and artificial intelligence (AI) initiatives — is...

Blockchain
Lockchain.ai Debuts Blockchain Risk Management Solution
April 02, 2024

Lockchain.ai has debuted what it calls the first AI-powered blockchain risk management platform. The company, founded by a trio of cybersecurity CEOs, announced its launch Monday (April 1), saying its platform offered “automated risk management solutions to traders, investors, and fund managers in the blockchain ecosystem.” According to...

Blockchain
Interbank Pilot From Visa, Goldman and Others Seeks Real-World Blockchain Utility 
March 18, 2024

For the past 15 years, blockchain has been attempting to transform the global financial system. Or, if you listen to some of the earlier adherents of the digital asset sector, attempting to replace it. However, the inherently anonymous nature of the crypto industry’s web3 technology...

Blockchain
FDIC Vice Chair: Tokenization ‘Beginning’ to Deliver Benefits  
March 13, 2024

Blockchain is full of promise, cryptocurrency perhaps less so, and tokenization is already shifting what it means to “own” an asset. In a speech delivered this week by Travis Hill, vice chairman of the Federal Deposit Insurance Corp. (FDIC), at the Mercatus Center, the call was...