Blockchain & crypto news from India
While replying to customer demands, PayPal declared today that its users will now be able to transfer crypto from their accounts, exchanges, and wallets. The latest functionality will enable customers of PayPal to transfer backed coins into PayPal, move cryptocurrency from its application to external cryptocurrency addresses including hardware wallets and exchanges, and send cryptocurrency…
Cryptography researchers from Stanford University are creating a new privacy-based layer-1 blockchain. As per a new press release, the Espresso System project aims to create a blockchain combining ‘proof-of-stake consensus and a [Zero-Knowledge]-Rollup process to achieve low fees and high throughput’. Espresso Systems has already generated $32 million in funding led by Greylock Partners and…
Whatsapp has introduced a new pilot that allows a ‘limited count’ of individuals in the United States to receive and send money from within a chat using crypto. The feature is powered by Meta’s digital wallet named Novi that introduced as a pilot 6 weeks ago. Also, the payments will be made using Pax Dollars…