WeChat & Alipay Enable Foreigners to Pay at Chinese Retailers, ETH 699,816 Paid as Royalties to NFT Projects on Ethereum
WeChat Pay and Alipay now allow foreign users to pay at Chinese retailers using their foreign credit cards, making it more accessible for international visitors to use mobile payments in China.
The Nansen report shows that royalties paid to NFT projects on Ethereum amounted to 699,816 ETH, with a majority of the royalties received in 2022. However, the average royalties received in 2023 have significantly decreased, with a reduced fee rate.
South Korean banks, Hana Bank and Woori Bank, are showing interest in "certificate of deposit" tokens (CDs) as an alternative to stablecoins. They perceive CD tokens as stable and are exploring their use in the banking system.
Zengo, a self-custodial crypto wallet, introduces a premium subscription called Zengo Pro, offering additional security features for $20 per month. The app has been redesigned to provide enhanced security services on all blockchains.
Blocto launches a $1 million grant program to fast-track user onboarding to Web3 by enabling wallet creation on Polygon protocols, providing incentives for projects building on Polygon to integrate Blocto's user onboarding experience directly in their dapps.
Chainalysis publishes a report on Ilya Lichtenstein and Heather Morgan's money laundering operations following the Bitfinex hack, showcasing how blockchain analysis and traditional financial investigation techniques helped law enforcement seize over $3 billion worth of stolen funds.
Connext Labs introduces xERC20, a mechanism for Web3 projects to bring their tokens to any chain, with Alchemix as the first flagship user of this interoperability protocol.
Iakov Levin, founder of Midas Investments, launches Locus Finance, a DeFi investment platform offering yield-bearing tokenized vaults for retail investors to gain exposure to the DeFi market without high transaction costs.
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