Li Jiang, COO at Harmony, believes that a bridge connecting all existing blockchains is key to onboard the first 1 billion users on Web 3. “We think that the future is multichain and cross-chain, that you should be able to move assets very easily from one chain to another, with good prices, with good rates and very fast.”, he told Cointelegraph in an exclusive interview. … [Read more...] about A “unifying Web3 platform” will onboard 1 billion users by 2026, says Harmony COO
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$2.5T crypto market will not wait for nations to onboard: WazirX CEO
Indian entrepreneur and the CEO of crypto exchange WazirX Nischal Shetty envisions a race between countries to launch their local versions of central bank digital currencies (CBDC) in the coming year. Speaking to Cointelegraph, Shetty said that the year 2022 would be an extension of the ongoing discussions around crypto regulations, exchange-traded funds (ETFs) and the … [Read more...] about $2.5T crypto market will not wait for nations to onboard: WazirX CEO
Israel’s New AML Rules May Help Banks Onboard Crypto Clients
“We hope that this order will significantly reduce transfer blocks and the denial of banking services experienced by crypto users and investors, and create a better atmosphere for investors, users and companies in the field,” said Youval Rouach, CEO of Israeli crypto exchange Bits of Gold, in a written statement. Source link … [Read more...] about Israel’s New AML Rules May Help Banks Onboard Crypto Clients
Reddit could onboard 500 million crypto users with new Ethereum tokens
In a bid to onboard its 500 million monthly active users into Web 3.0, the American social media platform Reddit is working on converting users’ karma points into Ethereum-based (ERC-20) tokens.The so-called Web 3.0 applications, also referred to as ‘dapps,’ typically run on blockchains, or decentralized networks, where participants get incentivized for their … [Read more...] about Reddit could onboard 500 million crypto users with new Ethereum tokens
Reddit to reportedly tokenize karma points and onboard 500M new users
American social media giant, Reddit, may soon convert users’ karma points into Ethereum-based (ERC-20) tokens and onboard 500 million new crypto users in the process, according to a newly hired Reddit engineer.A series of tweets made by Reddit engineer, Rahul, highlights Reddit’s efforts to improve user interaction through various cryptocurrency initiatives. As Cointelegraph … [Read more...] about Reddit to reportedly tokenize karma points and onboard 500M new users