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WPAY: Revolutionizing P2P Payments Through Cryptographic Proof


PRESS RELEASE. The global financial system has undergone multiple changes throughout its lifetime. First, with the introduction of the gold standard, then with advancements in banking communications, digitized international trade and investment, and remittances. All of these inventions have made...

Payments Giant Paypal Launches Dollar-Backed Stablecoin PYUSD


Paypal has introduced its own stablecoin, representing the first venture of its kind by a leading financial firm. Initially reported by Bloomberg, the launch could notably accelerate the slow integration of cryptocurrencies for payment purposes. A New Era for Paypal: Introduction of PYUSD...

Russia Recognizes Digital Currencies of Other Nations


The Russian government has legally recognized digital currencies issued by other nations, local crypto media reported. The respective legislative changes have been made alongside the adoption of a dedicated law regulating the introduction of Russia’s own digital ruble. Amendments Legalizing Foreign...

Russia to Launch Digital Ruble Transactions With Real Users in August


Banks taking part in the digital ruble pilot will begin testing transactions with actual clients in mid-August, according to a top executive of one of the financial institutions. The trials are set to start weeks after Russia adopted dedicated legislation for the introduction of its new digital...

Putin Signs Digital Ruble Law Allowing CBDC Payments in Russia


President Vladimir Putin has signed into law a bill on the introduction of the digital ruble in the Russian Federation. The new legislation, which legalizes and regulates the use of Bank of Russia’s digital currency for payments and other transactions, will enter into force on Aug. 1. President...

Introduction of a new game HEALV3RSE


A new landmark game, HEALV3RSE, has been introduced on Metaverse. The game will further real-time activities with regard to the planet. Players who connect will be in for a surprising journey filled with obstacles and puzzles to keep them not only engaged but completely enthralled. There will...

Introduction of Polygon zkEVM app dashboard on BOS


NEAR Foundation makes a declaration of the fact that an interactive Polygon zkEVM application has been introduced on the Blockchain Operating System (BOS). This will be beneficial for zkEVM developers and users who are on the open web, as it will help in raising the levels of connectivity, along...

The introduction of Boojum boosts digital self-ownership


Boojum is zkSync Era’s latest proof method for radical decentralization and has been upgraded for transporting zkSync Era to STARK boosted proof method. This will offer high-level functions on consumer-grade hardware.  Boojum is a Rust-oriented cryptographic library that is utilized for executing...

New York Federal Reserve and US Banks Complete Programmable Dollar CBDC Test


The New York Federal Reserve and a group of financial institutions announced the successful conclusion of a proof-of-concept of the Regulated Liability Network (RLN), which contemplates the introduction of a dollar-based interbank central bank digital currency (CBDC). The test concluded that, using...

Harvard Business Review: Alchemy Pay, Crypto Payment Ecosystem Pioneer


Introduction. When we discuss the future of the digital economy and real life in the next generation of the Internet, we are inevitably talking about Web 3.0. The future is unknown, but we have seen some tech companies already exploring and deepening on their tracks, such as Alchemy Pay, mentioned...

EU Parliament Greenlights Markets in Crypto Assets Law, Tracing Rules


Members of the European Parliament gave their final approval to a package of EU-wide regulations for crypto assets. The legislators also backed the introduction of mechanisms allowing the tracing of cryptocurrency transactions which will also apply to private crypto wallets above a certain...

What is Stacks? An Introduction to the Popular Bitcoin Layer-2 Protocol


Stacks has been making waves since the start of the year as Bitcoin Ordinals brought attention to Bitcoin NFTs, which already exist on the Stacks blockchain as layer-2 NFTs, thus creating a surge in demand for STX and increasing trading volumes among Stacks-based NFTs.   In this guide, we look...

Unity Gaming Engine Launches Blockchain and Web3 Integration Options


Unity, a gaming engine development company, has announced the introduction of several blockchain-based integration options to its platform. The new options offer opportunities for developers, that will be able to take advantage of digital identity, tokens, non-fungible tokens (NFTs), and other...

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