Shopify Customers Can Now Pay In USDC Via Solana Pay
Solana Pay, the payment protocol built on the Solana blockchain, is now plugged into e-commerce giant Shopify, allowing users to pay in USD Coin (USDC), the companies announced Wednesday.Source
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Entries by GRYZUoDLu7t8z22
FTX Bankruptcy Burning Through $1.5M in Legal Costs Every Day
Creditors are lamenting the rapid drain of cash from the global exchange’s bankruptcy as the process stretches over more months.Source
The Protocol: Coinbase Blockchain’s Viral Use Case Puts Focus on Optimism’s Tech
The week in blockchain tech: Crypto-fueled social marketplace Friend.tech goes viral on Coinbase’s new Base blockchain, Shiba Inu community’s “Shibarium” network aims for fresh start, and Ethereum experts handicap the competition between leading technologies for layer-2 networks.Source
DAI Stablecoin Surpasses $5B Market Cap on Higher Yield, Lifting Spark Protocol
The recently-introduced Enhanced Dai Savings Rate reversed some of the token’s decline in market value.Source
Hacked Crypto Exchange Cypher Plans to Hold Public Token Sale
Cypher’s IDO will test whether it can recapture momentum.Source
Will SBF’s ‘Blame-the-Lawyers’ Strategy Work?
Lawyers tell CoinDesk the tactic could be effective for FTX founder Sam Bankman-Fried’s defense, but it comes with risks.Source
‘We’ve Seen Enough’: Battered Bitcoin at $26K Can’t Stay Down Much Longer, Pantera’s Morehead Says
By one measure, bitcoin’s price performance this cycle is the worst in the asset’s history.Source
Ex-OpenSea Executive Nate Chastain Gets 3 Months in Prison for Insider Trading
Nate Chastain, the former head of product at NFT platform OpenSea, has received a three month prison sentence for making tens of thousands of dollars worth of insider trades during his tenure at the NFT company.Source