Worldpay is reportedly in talks with blockchains about becoming a validator and verifying blockchain transactions. The payments provider aims to do so to better understand how digital ledgers operate and to be involved with blockchain infrastructure, Bloomberg reported Thursday (Sept. 26), citing its interview with Sanchit Mall,...
First Abu Dhabi Bank (FAB) successfully completed a pilot using programmable payments with JPM Coin through Onyx by J.P. Morgan. This programmability enables payments to be triggered at specific times or events, FAB said in a Tuesday (Sept. 24) press release. “This successful pilot opens...
You are the company you keep. And that old adage is good news for stablecoins, the digital currencies pegged to traditional fiat currencies like the U.S. dollar, which have been gaining traction in recent years — in large part because, by being tied to fiat...
PayPal Ventures has announced an additional investment in Chaos Labs, a company providing blockchain risk management. A Friday (Sept. 20) press release announcing the move did not report the amount of the investment. “Our continued investment in Chaos Labs reflects our belief in their vision...
August 12, 2024
Despite the decentralized nature of cryptocurrencies and other digital assets, Web3 businesses need banking partners. But on Thursday (Aug. 8), news broke that Pennsylvania-based Customers Bank, one of the only crypto-friendly banks in the U.S., was served with a 13-page regulatory enforcement action by the Federal Reserve related to its digital asset and dollar token […]
May 26, 2023
While crypto’s future in the U.S. remains as shrouded as ever, it’s a different story elsewhere. “The world is truly fragmented now, you hear a different story [everywhere],” Dr. Yan Zhang, co-founder of Web3-native...
May 18, 2023
Innovations that transform the world historically rest on revolutionary, but above all viable, use cases. Utility is instrumental to adoption, and as money movement becomes increasingly digitized, central bank digital currencies...
April 13, 2023
The black swan collapse of FTX in November 2022 severely rattled global confidence in crypto. It also increased the scrutiny of U.S. regulators, though no new laws impacting the industry...
September 26, 2024
Worldpay is reportedly in talks with blockchains about becoming a validator and verifying blockchain transactions. The payments provider aims to do so to better understand how digital ledgers operate and to be involved with blockchain infrastructure, Bloomberg reported Thursday (Sept. 26), citing its interview with Sanchit Mall, Worldpay’s Web3 and crypto lead in the Asia-Pacific region. “The […]
September 25, 2024
First Abu Dhabi Bank (FAB) successfully completed a pilot using programmable payments with JPM Coin through Onyx by J.P. Morgan. This programmability enables payments to be triggered at specific times...
September 20, 2024
PayPal Ventures has announced an additional investment in Chaos Labs, a company providing blockchain risk management. A Friday (Sept. 20) press release announcing the move did not report the amount...
September 11, 2024
JPMorgan Chase reportedly aims to use its blockchain services to boost its corporate banking market share in Switzerland. The bank’s blockchain services are already being in Germany by companies like Siemens,...
