Wirex Creates Non-custodial Crypto Debit Card Using ZK-Proofs
Wirex introduced its crypto debit card for the first time in 2015 and currently claims over six million customers. Wirex, a provider of crypto payment services, has announced the launch of W-Pay , a zero-knowledge proofs-based non-custodial crypto debit card service. Wirex’s new decentralized solution employs Zero-Knowledge technology based on Polygon’s Chain Development Kit (CDK), […]
Visa Exec Says Crypto Cards Made $3B in Payments Volume
Visa executive Akshay Chopra discloses that the company’s partnerships with cryptocurrency exchanges have facilitated payments worth billions of dollars. According to a Visa executive, integrating traditional payment cards with cryptocurrency exchanges plays a crucial role in promoting the adoption of digital assets. During a panel at the Blockchain Economy Dubai Summit, Visa’s vice president, chief […]
Hong Kong Crypto VC Funds $100M Asian Blockchain Companies
The “Titan Fund” has already made five investments in various blockchain startup companies, including two in Hong Kong-based initiatives. CMCC Global, a Hong Kong-based venture capital firm focused on cryptocurrencies, has raised $100 million to support Asian blockchain businesses. Titan Fund completed its initial funding round on October 4, with participation from 30 investors, including […]
Blockchain Scaling Solutions: Sharding, State Channels, and Plasma
The scalability of blockchain networks is becoming increasingly important as their use grows in popularity. Blockchain developers and researchers have been looking towards scaling solutions like sharding, state channels, and Plasma to deal with this problem. There is a demand for faster and more scalable solutions as the blockchain network grows in terms of the […]
BIS, EU Central Banks Establishing Crypto Tracking System
The Bank of International Settlements and other European Central banks are developing an international cryptocurrency tracking system. The Bank of International Settlements (BIS) has devised a proof of concept (PoC) for a system that can track on-chain and off-chain transactions from cryptocurrency exchanges and public blockchains, such as Bitcoin. With the Deutsche Bundesbank, De Nederlandsche Bank, […]