Parse notes
PayPal has extended cryptocurrency capabilities to U.S. business accounts, allowing merchants to buy, hold, and sell crypto directly through their PayPal accounts, with external transfers to third-party wallets also supported. This move builds on PayPal's ongoing efforts to expand digital currency utility, including the launch of its PayPal USD (PYUSD) stablecoin.
Visa is launching a platform to help banks test tokenized assets and smart contracts, advancing the integration of real-world assets on blockchains. This move supports the growing trend of tokenization in finance, offering banks the tools to issue fiat-backed tokens in a regulated manner.
Privy has improved its authentication systems to allow users to merge multiple accounts (e.g., MetaMask and Google) into a single account, addressing a common integration challenge faced by developers. This feature improves UX by simplifying account management and maintaining data integrity.
Onchain Kit's upgraded swap feature now supports low liquidity tokens on Base and includes new features like configurable max slippage, USD values for tokens, one-click swaps with atomic batching, and gasless swaps. The update also introduces the ability for apps to charge a fee on user token swaps, providing developers with new revenue models.
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Over 10+ years, Elf Labs [9] has achieved historic trademark victories for both classic and reimagined versions of the most famous characters in history — Snow White, Cinderella, Sleeping Beauty, the Little Mermaid, and more. Now, they're raising an investment round to breathe new life into these characters with their patented, next-gen
Sui has emerged as a rapidly growing L1 blockchain, distinguished by its unique consensus design that separates the mempool from consensus to enable high scalability and low latency. Its implementation of the Move programming language promotes more complex asset ownership structures and creative applications in gaming and other verticals. With a TVL of $800 million, features like zkLogin, and Sui Play gaming hardware, the chain is positioning itself as a disruptive force.
This post outlines 14 habits for success in crypto trading, emphasizing disciplined approaches to price checking, strategy development, and emotional control. Key recommendations include avoiding impulsive decisions, developing clear trading indicators, and embracing market discomfort. It also highlights the myth of diversification in crypto and notes that the entire market is still highly speculative.
New evidence suggests the Biden administration pressured regulators to target crypto-friendly Silvergate Bank, contributing to its downfall as part of a broader effort to "debank" the crypto industry. Allegations include political interference, such as capping crypto deposits, which accelerated the bank's collapse and fueled the 2023 regional banking crisis.
The crypto industry is witnessing a potential DeFi renaissance, echoing the 2020 “DeFi Summer” but with more mature protocols and institutional involvement. Improvements include greater scalability, new use cases like interest derivatives markets and real-world assets, and a growth in total value locked to $118 billion in June 2024. Increased institutional adoption, exemplified by BlackRock's tokenized fund and PayPal's PYUSD stablecoin, along with an expected Federal Reserve easing cycle, suggest a favorable environment for DeFi growth.
Fantasy Top has seen more sustainable traction with 77 ETH (~$200k) in inflows from September 1 to 23, averaging about 23 ETH ($60k) in weekly inflows as it expands into new games like Thematic Tactics.
Passkey-based wallets significantly simplify wallet creation and management through familiar authentication methods like biometrics and email logins.
New evidence suggests the Biden administration pressured regulators to target crypto-friendly Silvergate Bank, contributing to its downfall as part of a broader effort to "debank" the crypto industry.
Hamster Kombat has outlined a roadmap that includes potential token buybacks, the launch of a mobile "progressive web app" (PWA), and the integration of NFTs as in-game assets.