The integration requires no action from app developers and is currently live for all users.
United States-based cryptocurrency exchange Coinbase announced the full integration of Apple Pay into its Onramp app services.
Starting from Dec. 2, users logging into apps built with the Coinbase Onramp services will see the option to log in and conduct transactions via Apple Pay.
According to a blog post from Coinbase, app developers don’t have to do anything to enable the integration.
The reversal comes just three months after the US-based crypto exchange submitted its pre-application to the Turkish government.
Cryptocurrency exchange Coinbase has withdrawn its pre-application for entry into the Turkish crypto market, according to documents released by the Turkish Capital Markets Board (CMB).
Coinbase had previously joined several prominent enterprises seeking entry into Turkey’s cryptocurrency market with more than 90 companies submitting applications in the past year.
Documentation indicating Coinbase’s withdrawal and request for liquidation. Source: Ahmet Karaca
The adoption of cryptocurrency payments by Printemps marks a milestone in the European luxury goods industry. Customers Can Now Buy High-End Fashion Products With Crypto Printemps, a leading French luxury department store has become the first major retailer in Europe to accept cryptocurrency payments. This bold move reflects the growing adoption of digital currencies in […]
2024 transaction totals are up more than 350% year-over-year, but still well below Indonesia’s 2021 highs.
The Indonesian cryptocurrency market surpassed $30 billion in transactions for the period between January and October 2024, marking a 350% year-over-year increase and the highest total since the 2021 bull market.
According to data from the Commodity Futures Trading Supervisory Agency, Indonesia recorded approximately $6.5 billion in cryptocurrency transactions through the same period in 2023, a marked decrease from the nation’s estimated $19.4 billion through all of 2022.
The cryptocurrency market throughout Indonesia has experienced extended turbulence in the wake of its 2021 high of approximately $54 billion. 2022 saw a significant decrease, largely attributed to the “dual taxation” policy implemented by the government, which saw a 0.1% tax added to crypto gains on top of standard gains taxes.
The new hardware could ultimately host a theoretical algorithm with the potential to transform proof-of-work.
Microsoft and Atom Computing, a technology firm based in California, recently announced a breakthrough in quantum computing that could pave the way for a proof-of-work transformation in the world of blockchain mining.
Scientists and engineers from the two companies developed a quantum computing system made up of 24 entangled logical qubits produced by just 80 physical qubits — a feat that sets a new record for the highest number of entangled logical qubits achieved using error correction techniques.
The significance of this scientific breakthrough is in the teams’ achieved efficiency. Previous estimates have indicated that it could take thousands of physical qubits working in tandem to produce a single logical qubit.
XT.com issued a statement acknowledging an “abnormal transfer of platform wallet assets,” but hasn’t yet confirmed the hack.
XT.com, a cryptocurrency exchange trading $3.4 billion daily, suspended withdrawals on its platform after a suspected $1.7 million hack.
The exchange suspended withdrawals, citing “wallet upgrade and maintenance,” it said on Nov. 28.
XT.com’s withdrawal suspension announcement on Nov. 28. Source: XT.com
This state-level filing is seen as a preliminary step toward SEC approval.
WisdomTree Funds, a New York-based assets management firm, registered in the state of Delaware for an XRP (XRP) exchange-traded fund (ETF) on Nov. 25, signaling its broader intent to file with the United States Securities and Exchange Commission.
The company joins Bitwise, Canary Capital and 21Shares as an early XRP (XRP) ETF applicant in the US. At the time of this article’s publication, however, no such applications have been approved by the SEC.
A screenshot of WisdomTree’s filing with the state of Delaware. Source: Eleanor Terrett
Distributed ledger technology can help solve longstanding challenges in US financial markets, the report says.
The Commodity Futures Trading Commission (CFTC) has endorsed using blockchain technology to manage trading collateral in United States derivatives markets, according to a Nov. 21 report by the CFTC’s Global Markets Advisory Committee.
Blockchain technologies — including distributed ledgers and tokenization — can address longstanding challenges for traditional derivatives exchanges and expand the variety of assets available to collateral trades, the report said.
“All over the world, there have been successful and proven commercial use cases for tokenization of assets,” CFTC Commissioner Caroline D. Pham said in a statement, adding:
The Association ultimately seeks a swift end to the “regulation by enforcement” era of cryptocurrency oversight in the US.
Washington, DC-based advocacy group Blockchain Association submitted a letter to Donald Trump on Nov. 22 beseeching the President-elect to prioritize radical cryptocurrency and blockchain regulatory reform during his first 100 days in office.
The brief letter was shared on the Association’s website. It lays out a five-point reformation plan for the incoming Trump administration’s first 100 days.
Blockchain Association’s stated goal is for the republican party to restructure federal oversight in the cryptocurrency and blockchain sectors in order to spur growth in the sector.
Residents can now use cryptocurrency to legally purchase real estate in South Africa in a first-of-its-kind offering. Real Estate Purchases Made Easy With Crypto Schindlers Digital Assets along with Schindlers Attorneys and Broll Auctions and Sales have developed the first legally-compliant process for crypto holders in South Africa to buy real estate with bitcoin or […]