Cryptocurrency Analysis and News Portal
Huobi and Visa share similar goals in wanting to bridge the gap that exists between the crypto ecosystem and traditional finance.Huobi, one of the world’s leading virtual assets exchanges, today announced its partnership with the digital payment platform Visa. According to the post, the partnership will help the exchange to
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Visa, the financial services corporation headquartered in San Francisco, California, published a blog post that talks about leveraging ethereum and the layer two (L2) scaling solution Starknet so people with self-custodial wallets can pay their bills. The blog post notes that while Ethereum doesnt support account abstraction or delegable accounts,
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Payment facilitator Visa has posted a technical paper delineating plans to channel Ethereum functionality for customer auto payments. Visa (NYSE: V) is reportedly planning to let customers make auto payments from their Ethereum (ETH) self-custodied crypto wallets. According to the payments giant, crypto users would someday be able to automatically pay their subscription video-on-demand,
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EOAs can initiate transactions, but CA's cannot. However, by using Account Abstraction, it is possible to create a smart contract that can initiate transactions on behalf of an EOA, enabling the creation of a self-custodial wallet that can make automatic recurring payments, Visa said. Source
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Crypto-users may one day be able to automatically pay their electricity and telephone bills through their self-custodial crypto wallets, according to payments giant Visa.In a Dec. 20 blog post, Visa’s crypto thought leadership team proposed a solution that would allow providers to automaticall “pull” funds from users’ Ethereum-powered crypto wallets,
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Most people have privacy and security concerns when it comes to making payments online. With the ZELF card, this becomes a no-issue.Bank of the Metaverse, ZELF, has announced its new anonymous Visa debit card that can be funded with cryptocurrency.Cardholders can open a US dollar checking account without needing any
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Visa has reportedly terminated its global agreements with collapsed cryptocurrency exchange FTX and its U.S. arm, FTX US. The payments giant added that FTX’s “U.S. debit card program is being wound down by their issuer.” Visa Ends Agreements With FTX Visa Inc., the world’s leading payments processor, reportedly said Sunday that it
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Only a month after payments giant Visa announced a partnership with FTX to roll out a debit card program in 40 countries worldwide, Visa has abruptly ended the program due to FTX's recent insolvency and bankruptcy issues. FTX’s liquidity issues were triggered last week when Binance CEO Changpeng “CZ” Zhao announced
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The original partnership to release crypto debit cards in 40 countries was reported on in October. Source
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NFT marketplace says no to optional royaltiesWhile nonfungible token (NFT) marketplaces such as Ethereum-based X2Y2, LooksRare and Solana-based Magic Eden have made the switch over to “optional” creator royalties, a newly launched marketplace is taking a hard stand against it. Find Satoshi Lab, the company behind the popular move-to-earn app STEPN,
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