Thursday, March 28, 2024
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PayPal’s new PYUSD stablecoin faces legal headwinds and ‘less functionality’

Although a clear regulatory framework for digital assets has yet to be established in the United States, PayPal — one of America’s largest financial technology companies — announced on Aug. 7 its U.S. dollar-pegged payment stablecoin, PayPal USD (PYUSD). A PayPal spokesperson told Cryptox that PYUSD is important because mainstream adoption

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SushiSwap furthers cross-chain functionality with Core integration

Decentralized finance (DeFi) platform SushiSwap is set to integrate with the growing blockchain protocol, Core, tapping into the protocol’s unique consensus mechanism to provide a broad set of DeFi services to its cross-chain functionality.The integration is touted to increase the possibilities for developers building within the Core ecosystem, with decentralized

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Coinbase Wallet expands functionality, releases instant messaging feature

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Coinbase Wallet, a self-custody cryptocurrency wallet, has revealed a direct messaging feature for users to communicate with each other directly on the platform. Before this addition, the wallet already offered various functionalities such as buying and selling

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Damus, Smartphone App With Bitcoin $BTC Functionality, to Stay on Apple App Store After ‘Zaps’ Tipping Spat

Bitcoin-friendly social media app Damus received approval to remain in the Apple App Store on Wednesday, after a two-week battle that started on June 13 when the tech giant threatened to eject it from the App Store for violating the company’s in-app purchase guidelines by allowing tips or “zaps” on

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Google Teases Pixel Fold Smartphone, Looks to Unveil Its Functionality at Annual Developer Conference

Although little is known about the Google Pixel Fold, the phone could launch in June for up to $1,800. It will be Google’s most expensive smartphone.  Google (NASDAQ: GOOGL) has announced its upcoming first-ever foldable cell phone called the Pixel Fold. Besides a brief teaser video, little is known about the new mobile

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India explores offline functionality of CBDCs: RBI executive director

India’s recently launched in-house central bank digital currency (CBDC), the e-rupi, is now being tested for offline functionality, revealed Ajay Kumar Choudhary, Executive Director at the Reserve Bank of India (RBI).The RBI — India's central bank and regulatory body — launched the wholesale segment pilot for the digital rupee on Nov.

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Gaming engine Unity adds MetaMask functionality among new Web3 tools

Video game development platform Unity has added a slew of crypto platforms to its asset store aimed at assisting developers interested in Web3 technology to streamline decentralization efforts.Unity said on Feb. 28 it had released a new “Decentralization” category page in its asset store with “vetted” crypto platforms to support

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ECB Says Digital Euro Should Focus on Online Payments First & Onboard Other DeFi Functionality Later

Although yet to decide on a digital euro, the ECB already believes the CBDC should prioritize online payments and peer-to-peer transactions. According to the European Central Bank (ECB), the upcoming digital euro should prioritize online and peer-to-peer payments. In a recent online publication, the Eurosystem banking entity explained that other possible

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