The payments giant has proposed the creation of new self-custodial wallets, called “delegable accounts”, using the “account abstraction” (AA) method.
As Ethereum does not yet support AA, Visa implemented its new wallet type on layer 2 scaling solution StarkNet, and successfully enabled automated recurring payments.
December 20, 2022, 11:58 AM
Close up of VISA sign at global headquarters in Silicon Valley, Foster City, CA, 24 August 2019. Sundry Photography/Shutterstock
Neon Labs’ Ethereum Virtual Machine (EVM) solution will be launched on 12 December, giving Ethereum-based dapps access to Solana’s scalability and liquidity.
Neon EVM adopts the developer tools and compute layer present on Ethereum, making it easier for developers looking to expand to Solana.
The hack took place around midnight on 1 November, when a malicious actor was able to access Deribit’s hot wallets and steal $28 million worth of BTC, ETH, and USDC.
The company noted that client assets were safe, as they were kept in cold storage, and that the loss will be covered by its own reserves.
Once fully launched, the new sidechain will allow developers to write apps using Solidity, and enable XRP Ledge users to interact with Ethereum smart contracts and dapps.
The EVM-compatible sidechain is currently in its first testing phase, but its official launch is expected to happen sometime in the second quarter of 2023.
The U.S. SEC has charged the American celebrity of violating the anti-touting provision of the federal securities laws with her promotion of EMAX in 2021.
The Kardashian has agreed to settle, and will pay 260,000 in disgorgement and fees, $1 million in penalties, as well as not promote any crypto assets for the next three years.
Kim Kardashian at the World Congress on Information Technology (WCIT), Yerevan, Armenia, 8 October 2019. Wirestock Creators/Shutterstock
Partnering with Chainlink will allow Galaxy Digital to distribute its crypto pricing data to various blockchains, and help developers build better applications.
The company noted that its high-quality pricing data will play a valuable role in “unlocking exciting new use cases and driving innovation across the DeFi ecosystem.
Michael Novogratz, CEO of Galaxy Digital Adam Jeffery/CNBC
Stock market operator Nasdaq has formed a new digital asset division, which will develop and launch a digital asset custody services to institutional clients.
The move is in line with Nasdaq’s mission to be a service provider in the crypto space, rather than facilitate trading of cryptocurrencies.
NASDAQ MarketSite location at Times Square, New York, September 9, 2016. andersphoto/Shutterstock