Close to $10 billion — or roughly 3.2 million Ether tokens — has been deposited on decentralized finance (DeFi) platform Lido Finance in preparation for a revamp of Ethereum. As Bloomberg reported Friday (April 15), the long-gestating software upgrade — known as the Merge and...
The HBAR Foundation has rolled out a metaverse fund to help encourage developers of immersive experiences to design solutions for its blockchain ecosystem, a report says. HBAR works on accelerating use cases for the Hedera network. The Hedera network is a distributed ledger service, providing...
Allbridge, a company that transfers assets between networks, has added support for XRP Ledger (XRPL), a decentralized, public blockchain developed for payments, currency exchange network Ripple announced Thursday (April 14). The integration was first introduced by Allbridge in January. Today, the company said it has...
The European Parliament (EP), the European Securities and Markets Authority (ESMA) and the industry are backing the EU’s efforts to create a pilot regime for financial market infrastructures based on distributed ledger technology (DLT) (“the DLT Pilot”). This pilot regime aims at developing the trading...
Algorand, the Boston-based blockchain network payments processor, has joined the WadzPay Atlytica engine, which was built on cryptocurrency technology, the companies announced Monday (April 11). Under the terms of the deal, Algorand will develop blockchain-based solutions for the network’s partners, including financial institutions, issuers, processors...
Bitcoin-based payments firm Strike last night announced deals that will bring crypto payments to NCR point-of-sale terminals, Shopify and prepaid payments provider Blackhawk Network. The announcement brings bitcoin, originally designed as a peer-to-peer payments tool, back to its roots as a potentially serious alternative in...
Payments network Strike announced its integration with Canadian eCommerce platform Shopify, which will allow global merchants to accept bitcoin payments, according to a Thursday (April 7) press release. The integration aims to make things easier for merchants by allowing them to accept the digital currency...
Over the course of this series of articles, we are going to look at the top blockchains in cryptocurrency, with a goal of helping you understand what they are, how they work, what they do, and what their pros and cons are. You’ll come out...
Welcome to PYMNTS’ series on decentralized finance, or DeFi. In these articles, we’ll be looking at every part of DeFi — the biggest, hottest, most rewarding and risky part of the blockchain revolution. At the end of it, you’ll know what DeFi is, how it...
