Technology
CryptocurrencyVisa Proposes Solution to Enable Auto-Payments From Self-Custodial Wallets
- 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
FTX to Launch New Version in November
- The exchange is planning to roll out a number of improvements to its order-matching engine over the next month, and officially launch FTX: V2 on 21 November.
- Once live, the new version is expected to support “at least” double the original order throughput, while at the same time halving order latency.
October 10, 2022, 12:23 PM
Sam Bankman-Fried, former CEO of FTX, speaking at the Binance Blockchain Week, Singapore, 19 January, 2019. Binance
Layer-2 Solution StarkNet Ready for DApp Deployment
- Launched back in November with limited functionality, StarkNet is a permissionless version of StarkWare’s StarkEx platform, which supports DeversiFi, Immutable, and dYdX.
- The StarkNet team is planning to decentralize the project sometime in the second half of 2022, and hand over StarkNet’s governance to its community.
February 23, 2022, 7:16 PM
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Layer 2 Developer Matter Labs Closes $50M Series B
- Led by a16z, the Series B will help the company expand its team, marketing efforts, and finance its business growth.
- Matter Labs is currently working on its zkSync v2 technology, which will support EVM-compatible smart contracts.
November 9, 2021, 3:45 PM
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Sep 6, 2021
iSwap Launches With 3-Second Cross-Chain Transactions
- iSwap supports cross-chain transactions on Polygon, Ethereum, OKExChain, BSC, and HECO.
- The platform’s 3-second swaps are achieved by deploying aggregators and maintaining USDT holdings on each of the supported chains.
Aug 26, 2021
Microsoft Receives U.S. Patent for ‘Ledger-Independent Token Service’
- The filing describes a “ledger-independent system that will allow developers to write code for managing tokens in a manner that is blockchain agnostic.
- The U.S. Patent and Trademark Office awarded Microsoft’s subsidiary, Microsoft Technology Licensing, the patent on Tuesday.
Aug 5, 2021
Ethereum’s London Upgrade Now Live
- The London upgrade brought with it EIP-1559, which will decrease the ETH circulating supply by burning transactions base fee.
- While mining pool operators claim EIP-1559 will unfairly cut into their profits, proponents of the change argue it will help ETH transition to a deflationary asset.
Jul 16, 2021
Cardano Deploys Alonzo Hard Fork to Bring Smart Contract Functionality
- The Alonzo White hard fork brings Cardano’s smart contract era one step closer.
- Full smart contract functionality is set to be enabled by the end of September, IOHK said
Jun 30, 2021
Genesis Joins Pyth Network to Provide Pricing Data
- Genesis will be providing its cryptocurrency prices to the Pyth Network on a sub-second timescale.
- Genesis is the latest trading firm to join Pyth, following the Bermuda Stock Exchange (BSX), Virtu, LMAX, and Jump Trading Group.
Jun 30, 2021
LCX Launches DEX Aggregator Fire Salamander
- Fire Salamander will offer both a Basic Swap and a Pro Swap option.
- LCX developed a new discovery and routing algorithm to support the launch of the DEX aggregator.