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Visa working on blockchain interoperability hub for crypto payments

Global bills large Visa has brought a mission that targets to be a “common adapter” of blockchains that may join more than one cryptocurrencies, stablecoins in addition to principal financial institution virtual currencies (CBDC). According to an respectable statement on Thursday, Visa’s studies crew is operating on a “Universal...

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NFT trading game Axie Infinity launches AXS staking program

Axie Infinity, a play-to-earn nonfungible token (NFT) recreation primarily based totally at the Ethereum blockchain, introduced the release of a staking application for its local token, Axie Infinity Shards (AXS). AXS holders can begin staking their tokens, even as the rewards may be activated in 24 hours to make...

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China’s crypto holdouts: Bitcoin nodes and OTC desks struggle on

Despite Beijing’s ever-growing crackdown at the crypto industry, there are nonetheless a few symptoms and symptoms of existence withinside the People’s Republic concerning the Bitcoin community and OTC buying and selling. China intensified its clampdown on crypto remaining week in order to suppress any closing pastime associated with virtual...

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Algorand launches virtual machine to increase smart contract capabilities

Blockchain platform Algorand has nowadays introduced the release of the Algorand Virtual Machine, or AVM, a layer-1 protocol improve designed to decorate decentralized app scalability for builders and organizations, permit immediately transaction finality and maintain a terrible carbon output. In addition to those advancements, the AVM will even provide...

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Crypto is impossible to destroy, says Tesla CEO Elon Musk

As worldwide regulators preserve to scrutinize the cryptocurrency industry, Tesla CEO Elon Musk has expressed aid for crypto, calling it indestructible. “It isn’t always viable to, I think, damage crypto, however it’s far viable for governments to sluggish down its advancement,” Musk stated on the Code Conference in California,...

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Thailand’s tourism authority is considering creating its own utility token

The Tourism Authority of Thailand (TAT) is thinking about developing its personal application token to capitalize at the developing reputation of cryptocurrencies. Named after the agency’s acronym, the plan to release TAT Coin will need to navigate via Thailand’s complicated prison framework and guidelines earlier than coming to life....

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