Visa’s innovative solution employs Ethereum’s ERC-4337 standard and the “paymaster” smart contract, enabling off-chain gas fee settlement. In a potential transformative move for users, Visa, the payment solution provider, is testing an innovative solution enabling on-chain gas fees to be paid using a Visa card. Mustafa Bedawala, a VISA product manager, presented the report, highlighting...Continue Reading

Lawyer Oscar Franklin Tan believes that if the appeal is allowed, whoever wins will build momentum in the main case. As the United States Securities and Exchange Commission (SEC) seeks an interlocutory appeal in its case against Ripple Labs, lawyers working in the crypto space expressed confidence in Ripple’s case, with some underscoring that the...Continue Reading

The Royal Canadian Mounted Police is seeking a digital asset solution to facilitate the seizure and storage of cryptocurrency and nonfungible tokens. The Royal Canadian Mounted Police (RCMP) is seeking a digital asset solution to facilitate the seizure and storage of cryptocurrency and nonfungible tokens (NFTs). According to an announcement, a tender was opened for...Continue Reading

The California Fair Political Practices Commission has released disclosure requirements for cryptocurrency contributions made to political candidates and committees. California’s commision for fair political practices has updated its campaign disclosure manuals, with revisions including detailed rules for cryptocurrency contributions declarations. An agenda released for an upcoming commission meeting includes a discussion of updated campaign disclosure...Continue Reading

DeFi and NFTs remain deep in the bear market while crypto stocks see an upside. After June gave Bitcoin (BTC) a boost with BlackRock’s application for spot Bitcoin exchange-traded fund (ETF), July sent its price into a summer slump. Only some altcoins managed to perform well in response to Ripple Labs’ partial victory against the...Continue Reading

A central bank discussion paper found that the majority of Canadians have little trouble accessing financial services, which gives them little reason to use a CBDC. The typical Canadian has little reason to adopt a central bank-issued digital currency, which could cause problems with its broad acceptance, according to a new paper from the Bank...Continue Reading

Around 30% of Base’s users on Aug. 10 were new to the blockchain which launched only a day prior. Daily active users on Coinbase’s layer 2 blockchain have exceeded 100,000 for the first time, just the day following the official launch of the network. Dune Analytics figures from Aug. 10 show over 136,000 daily users,...Continue Reading

Approval of spot Bitcoin ETFs in the United States will likely push the country’s share of crypto ETF trading volumes even higher, says a Bloomberg analyst. The United States could make up for 99.5% of the global trading volume for crypto-related exchange-traded funds (ETF) — but only if spot Bitcoin ETFs are approved, according to...Continue Reading

Gemini is investigating the root cause behind the suspected price glitch. Crypto users have reported seeing “wonky” prices for Ripple’s XRP (XRP) token on the Gemini crypto exchange hours after it relisted the token on its platform for deposits and trading. Several crypto community members on X (Twitter) on Aug. 11 posted screenshots of what...Continue Reading

The appeals court judge said Robinhood “had the right” to impose restrictions on meme trade purchases. A United States federal appeals court has upheld a decision to dismiss an investor class action lawsuit against online brokerage firm Robinhood Markets over its meme stock trading debacle in early 2021. A total of 16 investors took part...Continue Reading