Ripple-Chef Brad Garlinghouse gibt an, dass er sich um eine enge Kooperation mit der SEC bemüht hat, doch diese hat nichtsdestotrotz ein Verfahren gegen den Blockchain-Dienstleister angestrengt.
PayPal plans to integrate all crypto and blockchain services, the firm’s VP says
PayPal has its eyes set on an eventual integration of everything crypto and blockchain across its services, the payment giant’s Vice President Richard Nash has hinted.
In an interview with Cointelegraph at the World Economic Forum (WEF 2022) in Davos, Switzerland on Monday, May 23, Nash revealed that the company has plans to embrace every possible service related to cryptocurrency and blockchain.
According to the PayPal VP, the company is working with others within the space to offer customers all that is possible – including digital wallets and CBDCs.
Also speaking at the event, Nash urged governments and regulators to look at policies and regulations that will help the crypto sector. A tweet by HCL Technologies summarized his take:
„Governments and regulators need to get comfortable with crypto at scale. Policy and regulatory discussions are almost as exciting as the technical side of blockchain, and there is a real opportunity in the industry to accelerate adoption“ – Richard Nash, PayPal #HCLTechAtDavos pic.twitter.com/BWcg44l6kK
— HCL Technologies (@hcltech) May 23, 2022
PayPal launched its crypto buy, hold and sell feature for Bitcoin (BTC) in the US in 2020, indicating at the time that the service would be progressively rolled out across the globe.
In March 2021, the payments giant announced a check-out feature that allows customers to pay merchants using cryptocurrencies.
The post PayPal plans to integrate all crypto and blockchain services, the firm’s VP says appeared first on Coin Journal.
WEF 2022, 23. Mai: Aktuelles vom Weltwirtschaftsforum in Davos
Am zweiten Tag dieser globalen Veranstaltung sprechen Zentralbank-Gouverneure aus Thailand und Frankreich sowie der Geschäftsführer des IWF über verschiedene Aspekte der Krypto-Branche.
GameStop launches a non-custodial crypto wallet compatible with NFTs
GameStop, a video game retailer, has announced today the launching of its cryptocurrency and non-fungible token (NFT) wallet as it ventures into the world of digital assets.
GameStop said in a press release that the wallet is a self-custodial Ethereum wallet that will enable gamers and other users to send, store, receive and use NFTs and cryptos across the decentralized apps without the need of leaving their web browsers.
The company also noted that the web browser extension for the wallet is available on Chrome Web Store for download.
It’s official! The GameStop Wallet is here.
Download: https://t.co/GkxiRaYN7W
Follow: @GameStopNFT
🧵👇— GameStop (@GameStop) May 23, 2022
The newly launched digital asset wallet will also allow transactions on the GameStop NFT marketplace; however, this is expected to launch in the second quarter (Q2) of the GameStop fiscal year which will be in early July.
GameStop popularity
GameStop’s popularity grew during the pandemic as an outstanding meme stock and earlier this year, in January, it partnered with immutable X to create the NFT marketplace. Immutable X, an Ethereum Layer 2 for NFTs created with StarkWare’s ZK-rollup technology, helps to lower gas fees as well as increase scalability.
According to the deal terms, Digital Worlds plans to give about $100 million IMX tokens to NFT developers and about $150 million to GameStop as it encounters certain milestones.
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This is the reason Terra (LUNA) price jumped by over 50% over the weekend
Terra (LUNA) price has experienced a significant price hike over the weekend and into the early hours of Monday morning after holders burnt millions of LUNA tokens after Do Kwon, Terra Labs founder, sent a link address on May 21 to burn the LUNA tokens.
However, Kwon later explained via a tweet that he was not for the idea of burning LUNA tokens.
terra1sk06e3dyexuq4shw77y3dsv480xv42mq73anxu
There u go
— Do Kwon 🌕 (@stablekwon) May 21, 2022
Earlier today, May 23, Do Kwon clarified the confusion brought about by the address he shared and as more people rushed to send their tokens to the address. He warned people against sending their tokens via the link address to avoid tokens loss.
To clarify, as I’ve noted multiple times i dont think sending tokens to this address to burn tokens is a good idea – nothing happens except that you lose your tokens
Want there to be no confusion whatsoever https://t.co/GrzG9cclAr
— Do Kwon 🌕 (@stablekwon) May 23, 2022
He added that he shared the link unwillingly as people kept on asking for the link address. He also noted that people can continue to send LUNA tokens of their own free will but he does not see any benefit in doing that.
Do Kwon said:
“People kept asking for the burn address – happy to provide for information purposes but want to clarify that you should not burn tokens unless you know what you are doing – i for one cannot understand.”
However, following the announcement, the price of LUNA has indicated some drop, and its currently trading at $0.0001997, up 18.46% from a daily high of $0.0002165. Terra UST is also trading at $0.07407, up 15.46% after it de-pegged from the $1 peg on May 9.
Meanwhile, the Terra community is still sending LUNA to the link address shared by Kwon as they believe that with a combined effort and support, they can push the price of LUNA to over $1.
Terraform Labs Revival Plan
Terraform Labs is carrying on with forking Terra after 66% of people voted for the plan. They believe that most validators are not interested in community opinion but in the fork. In this plan, there will be a new Terra blockchain without the UST stablecoin while the old chain will be called Terra Classic (LUNC).
According to the proposal:
“Luna to be airdropped across Luna Classic stakers, Luna Classic holders, residual UST holders, and essential app developers of Terra Classic. * TFL’s wallet
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