GFX Labs Urges Optimism to Speed Up Decentralization
GFX Labs’ proposal urges Optimism to fully transfer governance control from OP Labs and the Optimism Foundation to OP tokenholders. According to the proposal, the Optimism Foundation is the source of proposals and code execution for Optimism’s current governance structure. On the other hand, GFX Labs emphasizes that Arbitum, the primary rival of Optimism, has […]
Ex-Coinbase Leaders Launch TrueX for Stability in Crypto Trading
Former Coinbase staffers have started a new cryptocurrency exchange named TrueX, according to Bloomberg. The exchange is promoted as a venue that encourages crypto trading with PYUSD, the stablecoin issued by PayPal. Vishal Gupta and Patrick McCreary, the founders, are seasoned individuals with prominent roles in the bitcoin space. TrueX bases all of its transactions […]
Visa, dtcpay Partner to Expand Crypto Payments in Singapore
Visa, a payment service provider, has partnered with Singapore’s dtcpay to broaden its crypto payments network and further boost crypto adoption. As part of the partnership, the global payment provider will incorporate dtcpay’s digital payment services into its global payment network, which spans 200 countries and more than 130 million merchants. This development significantly increases […]
BNB Chain, CEXs Introduce Gasless Stablecoin Payments
BNB Chain, a community-driven blockchain ecosystem, has announced an update in partnership with major centralized exchanges CEXs to enhance stablecoin payments through gasless transactions. The initiative, unveiled on September 18, is designed to enhance the accessibility, speed, and affordability of stablecoin payments with the chain’s objective of simplifying daily crypto transactions. Gala Wen, the director […]
MoneyGram, Stellar join CEX.io for Crypto to Cash Conversions
Cex.io exchange has announced the incorporation of the Stellar blockchain and financial services company MoneyGram to offer users cash-in and cash-out options through USDC conversion. The partnership will increase the availability of crypto cash-in and cash-out services to CEX.io users, allowing for the conversion of Circle USD to physical currency and vice versa at participating […]