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Alchemy Pay teams up with Mastercard for ‘NFT Checkout’
Alchemy Pay has partnered with Mastercard to bring “NFT Checkout” – a direct payment method for digital artwork. The company intends the integration to improve accessibility to the NFT market, revolutionizing how users interact with digital artwork. A Medium post announcing the news stated that Mastercard has a presence in over 210 countries and a…
China publishes national blockchain standard
China’s Ministry of Industry and Information Technology (MIIT) has published a national standard for blockchain technology to guide the development of the industry in the country, a state-run news channel CGTN reported on June 2. The guideline reportedly standardizes the blockchain system’s functional architecture and core elements, serving as a reference to better understand and…
Voltage partners with Google Cloud to boost global Bitcoin Lightning adoption
Voltage, a Bitcoin Lightning infrastructure provider, has partnered with Google Cloud to increase its hosting capacity and locations globally. According to a May 19 statement, the partnership would allow Voltage users to create Bitcoin Lightning nodes anywhere in the world. However, initial operations would be in Iowa, Netherlands, and Singapore. Voltage stated that its protocol…
Ethereum will drive global cryptocurrency adoption, not Bitcoin: Roger Ver
Bitcoin Cash advocate and early Bitcoin investor Roger Ver has praised Ethereum, saying it will be the chain that drives global cryptocurrency adoption. Ethereum over Bitcoin Appearing on Show Me The Crypto on YouTube, Ver echoed the hosts’ opinions on the Ethereum ecosystem, particularly regarding innovations such as NFTs. Ver said: “Even though Ethereum doesn’t have…
Digital asset market faces headwinds amid persistent outflows, market uncertainty
Digital asset investment products have experienced six consecutive weeks of outflows, totaling $272 million, according to a May 30 report from CoinShares. This negative sentiment reflects the broader market trends, with investment products being more active than the overall digital asset space. The report highlighted that Bitcoin experienced a decline of $11 million, remaining the…
Solana aims to grow 100x through small business, infrastructure partnerships
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on…
Binance CEO highlights timing of Beijing’s web3 white paper amid China, Hong Kong crypto regulatory changes
On May 27, Beijing released an “Internet 3.0 Innovation and Development” white paper outlining advancements and support for Internet 3.0 (web3) and the metaverse, according to reports from Chinese media, ThePaper. However, as Binance CEO Changpeng Zhao (CZ) highlighted on Twitter, the white paper’s publication is just days from the upcoming June 1 application opening…
Percentage of Americans holding, using crypto fell in 2022: Fed survey
Americans holding or using crypto fell from 11% in 2021 to 8% in 2022, per the Fed’s 2022 Economic Well-Being of U.S. Households report – released this month. The Fed attributed the drop in holding and using crypto to the fall in digital asset prices last year. However, the percentage of Americans undertaking crypto transactions…
Coinbase and Bitpanda reveal EU partnership
Cryptocurrency exchange Coinbase has partnered with the Austrian fintech firm Bitpanda, Fintech Finance said on May 23. Bitpanda and Coinbase will work together The partnership will allow the two companies to offer institutional trading services outside of the United States. It will also see Bitpanda make use of Coinbase’s liquidity services and Coinbase Prime’s custody…