Blockchain
Worldpay to start verifying blockchain transactions
Global payment giant Worldpay is preparing to verify blockchain transactions for the first time as part of its efforts to better understand the flow of funds through digital ledgers. According to a Bloomberg report from Sept. 26, Worldpay is currently in discussions with several blockchains to become a validator—a role that involves monitoring and verifying transactions within digital networks.
Sanchit Mall, Worldpay’s web3 and crypto lead for the Asia-Pacific region, explained the company’s motivation, stating, “The idea is to be part of the ecosystem right at the base.” By directly participating as a validator, Worldpay aims to gain a deeper insight into how funds move within blockchain systems.
In 2024, Worldpay processed stablecoin transactions worth $1.3 billion, a rise from under $1 billion in 2023. Despite this increase, blockchain-related transactions still make up a small portion of the $2.3 trillion in total transactions the company handles annually.
Validators play a critical role in maintaining the security and accuracy of blockchain networks. To become a validator, participants must stake a portion of the blockchain’s native cryptocurrency, earning fees in return for verifying and securing transactions. Major crypto validators like Coinbase, Metamask, Helius, and Galaxy Digital already dominate this space, and Worldpay plans to join them for the first time.
Worldpay has a history of engaging with blockchain initiatives. In March 2024, it partnered with web3 payment provider Wert to enhance card acceptance in the web3 space. Additionally, in October 2022, Worldpay was part of a trial with Checkout.com to support Fireblocks’ payment engine for cryptocurrency custody.
This move signals Worldpay’s commitment to deepening its involvement in the growing blockchain ecosystem.
Source: crypto.news
The post Worldpay to start verifying blockchain transactions appeared first on HIPTHER Alerts.
Blockchain
Join us in our 10th-anniversary celebrations – special campaigns every week!
Join us in our 10th-anniversary celebrations – special campaigns every week!
bitFlyer Europe S.A. is launching 17 new crypto-assets over the next four weeks to celebrate 10 successful years of the bitFlyer Group. Each week we will launch a new crypto-assets campaign and each week you can win exciting prizes! Our first campaign started September 26, 2024 with the launch of Axie Infinity (AXS), Decentraland (MANA), Immutable (IMX), and The Sandbox (SAND)!
Here is our campaign calendar** for the next three weeks:
- Week 2 (October 3, 2024: ApeCoin (APE), Chilliz (CHZ), Ripple (XRP), Palette Token (PLT).
- Week 3 (October 10, 2024): Avalanche (AVAX), Mask Network (MASK), The Graph (GRT), Chainlink (LINK).
- Week 4 (October 17, 2024): Flare (FLR), Symbol (XYM), Nem (XEM), Dogecoin (DOGE), and Shiba Inu (SHIB).
* Visit our 10th-anniversary site for more details. (https://bitflyer.com/en-eu/s/lp/10th-anniversary). Terms and conditions apply.
** The listing schedule is subject to change.
“These new crypto-assets not only allow customers to benefit from a more diverse environment for their investments but also gives them the opportunity to participate in cutting-edge web3 projects,” said Ms Ami Nagata, CEO of bitFlyer Europe.
“With a firm foundation in Japan and a strong regional presence in Luxembourg, bitFlyer serves a large loyal customer base that reflects its global reach. bitFlyer is truly glocal,” added Mr Yuzo Kano, founder and CEO of the bitFlyer Group.
How to Create an Account: If you are not already using our market
If you are not already using our market leading services, you can create an account and start your crypto journey with bitFlyer today. Visit our website or download the bitFlyer App on iOS and Android.
The post Join us in our 10th-anniversary celebrations – special campaigns every week! appeared first on HIPTHER Alerts.
Blockchain
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