Crypto Update 2022–03–08
Shiba Inu on Wirex App 🐕, Binance Payments 💳, Adobe Behance Supporting Solana NFT 🖼️
🔥 Hot News
- Shiba Inu has been listed on Wirex App, a worldwide digital payments platform based in London.
- President Joe Biden sign an executive order this week related to Bitcoin & cryptocurrency.
- Vietnam and India saw the fastest growth in cryptocurrency adoption in 2021.
- Virginia Senate has passed a bill that allows banks to offer Bitcoin & crypto custody services.
- Cardano total value locked increased by 194x in 2022 totaling $272 million.
📰 News Selection
Binance Launches Bitfinity, A Payments Company Targeting The Web3 Economy (3 minutes)
Bitcoin exchange Binance has announced the launch of its own payments processing company, Bitfinity. The company is targeting the Web3 economy, partnering with Paysafe and Checkout.com. Binance will be the de facto fiat-to-crypto payments processor of the exchange, supporting more than 50 currencies and all major payment methods including Visa and Mastercard.
Adobe’s Behance adds support for Solana NFTs (2 minutes)
Behance, the creative showcase platform owned by Adobe, announced on Monday that users can now connect their Phantom wallet to their Behance accounts and showcase Solana NFTs on their profiles. QuickNode, a Miami-based Web3 infrastructure platform, helped build out this feature with Adobe on Solana.
Stanford Cryptography Researchers Are Building Espresso, A Privacy-Focused Blockchain (5 minutes)
A team of researchers from Stanford University’s applied cryptography research group has entered the fray with Espresso, a new layer-one blockchain. The team is coming out of stealth mode with the project, which aims to allow for higher throughput and lower gas fees while prioritizing user privacy and decentralization. Espresso aims to optimize for both privacy and scalability by leveraging zero-knowledge proofs.
