Web3 news and trends

This Week in Web3: Crypto Excitement Now, Real-World Utility Later?
Blockchain // November 13, 2024

As the price of bitcoin surges on promises of a crypto-friendly White House, a juxtaposition is emerging in the digital asset space: While speculation soars, the industry’s promised revolution in payments remains largely unrealized. This disconnect points to a larger truth: While market excitement and...

This Week in Web3: FTX Engineer Singh Walks, Crypto Payments Surge
Cryptocurrency // October 30, 2024

For almost their entire history, despite designs to the contrary, the primary role of cryptocurrencies and digital assets has been confined largely to trading and speculation. But recent advancements in blockchain infrastructure are positioning digital assets as more functional tools for real-world financial transactions. And...

Stripe’s Billion-Dollar Bet on Stablecoins Tops This Week in Web3
Blockchain // October 23, 2024

Crypto observers nowadays must feel as though they’re suffering from déjà vu. While the cryptocurrency-based prediction and betting platform Polymarket is in the news for the recent multimillion-dollar bets being placed on the upcoming U.S. presidential election, despite a ban on U.S. users, the biggest...

The Payment Professional’s Guide to Stablecoins
Cryptocurrency // October 21, 2024

The stablecoin market is collectively worth north of $170 billion. That’s a large number. And with the news Monday (Oct. 21) that FinTech giant Stripe has reportedly acquired stablecoin platform Bridge for $1.1 billion, it’s becoming a harder one for the payments sector to ignore. Stripe...

Interviews & Exclusives
Web3 Fans Say Apple NFC Chip Access Will Jumpstart Crypto Payments Era

August 21, 2024
Every innovation needs a supporting infrastructure network to scale. And, with the news that Apple will allow third-party developers to access its near-field communication (NFC) chip this autumn with the release of iOS 18.1, crypto and blockchain enthusiasts are increasingly of the hope that crypto payments are coming closer to finding that much-needed infrastructure. Apple’s move, […]

Fed Action Against Customers Bank Underscores Crypto’s Challenges

August 12, 2024
Despite the decentralized nature of cryptocurrencies and other digital assets, Web3 businesses need banking partners. But on Thursday (Aug. 8), news broke that Pennsylvania-based Customers Bank, one of the only...

Crypto’s Three Priorities for 2024: Interoperability, Acceptance, Regulation

July 04, 2024
Halfway through 2024, and the cryptocurrency and blockchain space finds itself at a critical juncture.  It is the same critical juncture, or at least one strikingly similar, that the crypto...

Solana Foundation Goes All In on Blockchain as a Mainstream Payments Rail

May 13, 2024
The landscape of digital assets, blockchain and Web3 technologies is undergoing a shift. What was once considered theoretical or looked at askance in light of scandal and volatility is now increasingly...

Quick Reads
SKUx and Mondelez Launch Blockchain-Centered Payments Partnership

October 16, 2024
Digital payments firm SKUx has wrapped up the first phase of a blockchain-focused partnership with Mondelēz. SKUx is working with the consumer packaged goods giant on a payments innovation project in conjunction with Hedera, an open source enterprise distributed ledger technology (DLT) network, the companies said in a news release Wednesday (Oct. 16). “The first phase of the innovation project […]

Robinhood Debuts Crypto Deposits, Withdrawals for European Customers

October 01, 2024
Robinhood is offering cryptocurrency transfers to European customers amid regulatory pressure in the United States. The service, “one of the most requested features in the region,” allows customers to deposit...

Robinhood and Revolut Neither Confirm Nor Deny Report of Stablecoins

September 27, 2024
Robinhood Markets and Revolut were reportedly noncommittal when asked about a media report that they are considering launching stablecoins. When asked about the report by Bloomberg, a Robinhood spokesperson said...

Visa and Dtcpay Partner to Facilitate Use of Digital Currencies

September 18, 2024
Visa and Singapore-based digital payments solutions provider dtcpay partnered to help consumers and businesses convert digital currencies into fiat and make digital payments. By integrating dtcpay’s digital payments capabilities with...