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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

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  • 02:17
    Web3 infrastructure company Crossmint partners with Visa to enable AI-powered on-chain payments
    ChainCatcher reports that, according to Cointelegraph, Web3 infrastructure company Crossmint has partnered with Visa to enable AI-driven on-chain payments using tokenized credentials. Previous reports indicated that Crossmint will launch NFT Wallet-as-a-Service (WaaS) to help companies integrate simplified and interoperable blockchain technology into their existing products and services. Its NFT WaaS technology stack allows companies to create smart contracts and send NFTs via email, as well as generate wallets for NFT collectors. This white-label product also enables users to connect their wallets to third-party websites using Dapp services like Wallet Connect or Crossmint Connect. In addition, Crossmint WaaS allows users to purchase NFTs with fiat currency, and this service is now being made available to the public.
  • 01:36
    Resupply Protocol Faces $10 Million ReUSD Bad Debt, Community Proposes Remedial Measures
    According to ChainCatcher, the official Resupply protocol team has initiated a remediation proposal within the community to address the $10 million ReUSD bad debt issue encountered earlier this week. The proposal outlines a set of governance actions aimed at eliminating the protocol's bad debt and providing retention rewards for affected users. The first phase of measures includes burning $6,000,000 in ReUSD bad debt from the insurance pool, which accounts for 15.5% of the 38.7 million reUSD in the pool, and repaying the remaining $1,131,168 in bad debt through a mix of future revenue sources. At the same time, the proposal also includes shortening the voting period to accelerate the decision-making process and offering an IP retention plan for insurance pool depositors, incentivizing them to stay in the pool with additional RSUP token rewards.
  • 01:20
    Vitalik: World Digital IDs May Threaten Online Anonymity, Recommends Issuing Digital Identities Through Diversified Models
    According to Jinse Finance, Ethereum co-founder Vitalik Buterin, in his analysis of the risks and rewards of digital identity projects utilizing zero-knowledge proofs, stated that the "one person, one identity" proposal could threaten online anonymity. Vitalik noted that digital identity projects like World could undermine the anonymity enjoyed by many internet users, especially those in the cryptocurrency space. "At first glance, the widespread adoption of zero-knowledge-wrapped digital identities seems like a huge win—it can protect our social media, voting, and various internet services from manipulation by bots and fake accounts, all without compromising privacy. But if implemented too rigidly, it could endanger anonymity." Vitalik suggested adopting a diversified model rather than a single zero-knowledge-wrapped "one person, one identity" solution, where no individual, institution, or platform is solely responsible for issuing digital identities.
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