PayPal and Venmo’s ENS integration likely to boost mainstream crypto adoption

Source: Cointelegraph The new integration may bring Web2 and Web3 users together, which could be the key to unlocking true mainstream crypto payment adoption. ENS Labs’ recent partnership with PayPal and Venmo could significantly boost crypto payment adoption and help the industry reach the first billion crypto holders. Ethereum Name Service (ENS), which offers Web3,… Continue reading PayPal and Venmo’s ENS integration likely to boost mainstream crypto adoption

Argentina adds Ethereum to Buenos Aires high school curriculum

Source: Cointelegraph High schools in the city of Buenos Aires will offer blockchain internships to provide hands-on experience to students. Argentina’s Ministry of Education collaborated with ETH Kipu to include Ethereum in Buenos Aires’ high school curriculum. In an announcement, the ETH Kipu Foundation said it had collaborated with Buenos Aires to introduce Ethereum and… Continue reading Argentina adds Ethereum to Buenos Aires high school curriculum

Metaverse pioneer and special effects team unite for blockchain project

Source: Cointelegraph Wētā Workshop is known for its special effects work on movies like The Lord of the Rings and The Hobbit. The blockchain protocol launched by New York Times best-selling author Neal Stephenson, who conceived the term “metaverse” in a 1992 novel, has collaborated with a special effects firm known for their work on… Continue reading Metaverse pioneer and special effects team unite for blockchain project

Tether plans to launch dirham stablecoin with UAE partners

Source: Cointelegraph Tether teams up with the UAE’s Phoenix Group and Green Acorn Investments to launch a dirham-backed stablecoin, which aims to improve international trade and remittances. Tether, the largest stablecoin provider in the digital asset industry, has announced plans to launch a new stablecoin pegged to the United Arab Emirates dirham (AED). According to… Continue reading Tether plans to launch dirham stablecoin with UAE partners

Telegram to get Mini App store by the end of July — Pavel Durov

Source: Cointelegraph According to the company, Telegram has over 900 million monthly active users and ranks among the top 10 most downloaded apps worldwide. Telegram founder Pavel Durov announced the popular messaging platform will have launched a Mini App store and an in-app browser with built-in Web3 support by the end of July. Additionally, Durov… Continue reading Telegram to get Mini App store by the end of July — Pavel Durov

MetaMask unveils new toolkit to streamline Web3, user onboarding

Source: Cointelegraph Consensys introduces a game-changing toolkit at EthCC, streamlining decentralized app development and enhancing Web3 user engagement. Consensys unveiled the MetaMask Delegation Toolkit at EthCC, marking a significant milestone in the company’s efforts to promote Web3 and blockchain adoption. According to a press release shared with Cointelegraph, the toolkit enables developers to create decentralized… Continue reading MetaMask unveils new toolkit to streamline Web3, user onboarding

European Central Bank releases first CBDC progress update

Source: Cointelegraph The ECB promised pseudonymization and independent audits of the CBDC system to calm consumer fears of tracking. The European Central Bank (ECB) released its first progress report on developing a central bank digital currency (CBDC) in a June 24 update. Privacy provisions were a main focus, with the ECB promising pseudonymization, hashing functions,… Continue reading European Central Bank releases first CBDC progress update

Tokenized Assets to Reach $2 Trillion Market Size by 2030, McKinsey Predicts

Source: Cryptonews Tokenized financial assets are poised to achieve a market size of approximately $2 trillion by 2030, according to analysts at consulting firm McKinsey & Company. In a recent report, the analysts noted that while the adoption of tokenization has had a slow start, they anticipate significant growth in the coming years. They even… Continue reading Tokenized Assets to Reach $2 Trillion Market Size by 2030, McKinsey Predicts

NASA created VR metaverse to prep astronauts for life on lunar space station

Source: Cointelegraph “When they slip on their headsets, they’re not just seeing the station—they’re in it.” according to a NASA blog post. While most of us spend our time in the metaverse trading assets or bopping around in virtual realities on legless avatars, astronauts working with NASA and SpaceX are using it to prepare for… Continue reading NASA created VR metaverse to prep astronauts for life on lunar space station

BIS and 7 central banks to explore asset tokenization through Project Agora

Source: Cointelegraph The proof-of-concept projects seek to create a centralized platform for cross-border CBDC payments and tokenized money transfers. The Bank for International Settlements (BIS) has teamed up with the central banks of France, Japan, South Korea, Mexico, Switzerland, the United Kingdom and the United States Federal Reserve Banks to explore asset tokenization within the… Continue reading BIS and 7 central banks to explore asset tokenization through Project Agora