Visa will ‘actively contribute’ to web3 development

Visa refuses to become a dinosaur and will “actively contribute” to developing the web3 and crypto ecosystem.

Aside from maximalists, few experts believe that crypto poses an existential threat to fiat currencies. Legacy payment processors like Visa and Mastercard have increasingly been joining the web2-era disruptors like PayPal and Square in supporting the web3 and crypto ecosystem.

Greater public adoption of “crypto” will likely come through CBDCs (Central...

ETH2 sentiment grows bullish as Q2 consensus layer merge awaits

Ethereum

Excitement surrounding ETH2, a series of upgrades designed to improve the Ethereum blockchain, is building as the network prepares to transition from mining to staking.

Last week Ethereum developers successfully tested the long-awaited merge of the blockchain’s proof-of-work and proof-of-stake chains.

Ethereum currently runs on a proof-of-work mechanism, similar to Bitcoin, in which new transactions are verified by computers solving complex mathematical...