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Worldcoin (WLD) collaborates with Alchemy to provide comprehensive infrastructure for World Chain, enhancing decentralized apps and developer tools. (Read More)
In order to fuel its grandiose World Chain initiative, Worldcoin partnered with blockchain infrastructure behemoth Alchemy. By partnering with Alchemy, Worldcoin has access to their robust development tools and rollup hosting services. Moreover, the partnership between World Chain and Alchemy is anticipated to hasten the development of the project, which
Worldcoin revealed a partnership with Alchemy to build out infrastructure for its blockchain World Chain, which is also the new home for its World ID and World App.
Can ACH coin reach $1? Based on a realistic Alchemy Pay price prediction, the maximum price of ACH crypto is forecasted to rise to $5.75 (+26,000%) by 2030.
The post Alchemy Pay Price Prediction: Will ACH Reach $10? first appeared on StealthEX.Despite the overall underperformance of the crypto market, some cryptocurrencies have been seeing significant price surges. One such cryptocurrency is Alchemy Pays ACH token, which saw its price increase by more than 39.12% in the past 24 hours. This surge follows a drop from its previous highs of $0.05805 recorded
Celo partners with Alchemy to provide developers with robust tools as it transitions to an Ethereum Layer 2 solution, enhancing scalability and interoperability. (Read More)
<p>The world is preparing for digital identities in the digital era. South Korea is already rolling out national IDs via blockchain technology including driving licenses (referred to as mobile driving licenses).</p><p>A pilot is being conducted in Europe for a digital ID via a digital wallet, known as the EU Digital Identity Wallet Consortium (EWC). Marie Austenaa, the Head of Digital Identity at Visa, affirmed the company has been chosen by the EU to participate in the EWC pilot. Consequently, the digital ID wallet is expected to be released in 2024.</p><p>Blockchain-powered digital identities are more secure, which will in turn mitigate fraud. It is essential for traditional brokers from the financial landscape to adjust to the ‘crypto momentum’.</p><p>The verification process will be smoother without the need to upload various documents (regulatory bodies must approve its use first). However, preparing for digital identities is crucial in the medium term.</p><p>The Transition of the Internet</p><p>Decentralized web domains and hosting environments may pick up the pace. Traditional brokers should consider entering the web3 phase as innovation may reflect a higher client base. Financial brokers can purchase a <a href="https://www.financemagnates.com/tag/web3/" target="_blank" rel="follow">web3</a> domain and host their website on the blockchain.</p><p>EDNS, a web3 leader on Polygon (layer-2) has recently partnered with Alibaba cloud. The CEO at EDNS, Joey Lam said: "The motivation behind this partnership is joining hands to deliver disruptive Web3 solutions that are demanded by the market, especially in the storage area."</p><p>To remain competitive, Google Cloud partnered with Casper Lands to build blockchain-based products as well innovating the Web3 ecosystem.</p><p>The <a href="https://www.financemagnates.com/tag/Ethereum/" target="_blank" rel="follow">Ethereum</a> Name Service (ENS) is another popular choice on the Ethereum <a href="https://www.financemagnates.com/tag/blockchain/" target="_blank" rel="follow">blockchain</a>. Space id (which is a new service) is offering the same services as ENS on BSC.</p><p>ETH elevated gas fees had some impact on the monthly registrations (as opposed to 2022), however, the registrations have remained steady. As of today, websites using ENS can be hosted via IPFS. A web3 presence may be rewarded with a significant PR. </p><p>Lower Payments Fees</p><p><a href="https://www.financemagnates.com/tag/alchemy/" target="_blank" rel="follow">Alchemy Pay</a>, a well-known payment provider has made headlines as the service obtained a license from the Central Bank of Indonesia. Alchemy Pay is providing a range of payment services. The client selects Alchemy Pay from the checkout page. The exchange rate is locked, the customer makes the payment, and Alchemy Pay converts the <a href="https://www.financemagnates.com/tag/crypto/" target="_blank" rel="follow">cryptocurrency</a> that is used for the transaction to your local currency. As opposed to traditional payment solutions, the <a href="https://www.financemagnates.com/terms/s/settlement/" class="terms__main-term" id="2dc6d2c7-1626-4ecf-811e-4c1aabbdb280">settlement</a> is one day. The fees are 1%, and the fraud rate is zero.</p><p>Despite the "crypto winter", usage of cryptocurrencies remains elevated. As regulations are a matter of time, exploring innovative products in today’s markets is of great importance.</p><p>Decentralized Forex Trading</p><p>Although it is still in the making, decentralized forex trading is the future of online trading. "Pendulum," a new layer-1 Mainnet on <a href="https://www.financemagnates.com/tag/Polkadot/" target="_blank" rel="follow">Polkadot</a> aims to deliver a new on-chain trading experience.</p><p>Stablecoins will be used for the currency pairs. Algorithmic <a href="https://www.financemagnates.com/tag/stablecoins/" target="_blank" rel="follow">stablecoins</a> will not be used, only stablecoins that are compliant in their region. Although the stablecoins that will be used were not revealed, it is likely that either USDC or USDT will be used.</p><p>The price will be provided by 0xAmber. Several oracles will be used for the price of a single asset including sanity checks. As opposed to traditional forex brokers, there is no order book but liquidity pools. 0xAmber will act as the proactive market maker without impermanent loss. </p><p><a href="https://www.financemagnates.com/tag/liquidity/" target="_blank" rel="follow">Liquidity</a> draining is a concern. The matter is tackled by increasing the <a href="https://www.financemagnates.com/terms/s/slippage/" class="terms__secondary-term" id="8d4f28e5-352b-455a-a24f-8ce3d915c891">slippage</a> in an event of low liquidity. The protocol is in the process of building its own liquidity, relying on external <a href="https://www.financemagnates.com/tag/liquidity-providers/" target="_blank" rel="follow">liquidity providers</a> will reduce over time. It is important to note that on-chain costs are substantially lower, mainly due to the design of the AMMs. </p><p>Ending a transaction takes seconds using payment versus payment (PvP). All the reserves, rates, liquidity and trades are visible, something that is not seen in traditional forex brokers. </p><p>As it is a protocol, most of the code is open source, permissionless and available to the public. Three currencies are expected to be added in the first stage. </p><p>In an event, a large number of traders will flock to on-chain forex trading. It may reshape the forex trading industry as we know it today.</p> This article was written by Matti Williamson at www.financemagnates.com.
To empower India’s Crypto Adoption, the global fiat-crypto payment service provider, Alchemy Pay has started supporting India’s Unified Payment Interface
Featured SpeakerYat SiuCo-Founder and Executive ChairmanAnimoca BrandsWhere is Web3 headed? Take a look to the future with this pioneering investor in the metaverse and NFTs.Brandy covers crypto-related venture capital deals for CoinDesk. Featured SpeakerYat SiuCo-Founder and Executive ChairmanAnimoca BrandsWhere is Web3 headed? Take a look to the future with this pioneering investor in the metaverse
The post Alchemy’s Venture Arm Wants to Align With ‘Web3 Missionaries, Not Mercenaries’ appeared first on BTC Ethereum Crypto Currency Blog.
Serving as a committee member of Alchemy Pay’s management and advisory board, and as Global Strategic Adviser to support Alchemy Pay’s expansion and growth in global markets, contributing actively to strategy, compliance and government relations. Alchemy Pay, Singapore based pioneer of the world’s first payment gateway solution to bridge the gap between fiat and crypto [...]
The post Former White House Senior Advisor David Plouffe Joins Alchemy Pay Advisory Board appeared first on Crypto Breaking News.
Alchemy Pay (ACH/USD) price continued its recovery after the company continued its partnerships and as
<p>The post ACH price jumps after the latest Alchemy Pay news first appeared on CCNC | Cryptocurrency Newscast.</p>
Alchemy Pay has obtained a license from the central bank of Indonesia to operate remittance and fund transfers in cooperation with local fintech firm Berkah Digital Pembayaran. The license allows the firms to offer better payout methods and reduce associated operating costs. (Read More)
Singapore-based fiat-crypto gateway Alchemy Pay, and Indonesian fintech firm, PT Berkah Digital Pembayaran have jointly obtained licenses issued by the Central Bank of Indonesia to operate remittances and fund transfers. The move will allow the entities to payout to end users and clients across Asia more efficiently and reduce the operating costs of payment services. […]
Alchemy Pay (ACH/USD) price went parabolic on Thursday as cryptocurrencies suddenly woke up. ACH surged to a high of $0.026, the highest level since July last year. It has been in a strong bullish momentum, which has pushed it up by over 225% from its lowest point in 2023. Alchemy website upgrade Alchemy Pay is ...
<p>The post Alchemy Pay (ACH) price zoomed above key resistance: what next? first appeared on CCNC.</p>
Contribution Labs, a Web3-focused startup backed by Alchemy, a pioneer in the blockchain developer platform, raised $3 million through an equity sale. (Read More)
ChainShot was founded by Cody McCabe and Dan Nolan in 2018. ChainShot provides Ethereum developers with foundational knowledge. Alchemy, a
Blockchain infrastructure service provider, Alchemy has announced the acquisition of ChainShot, a crypto education platform to help complement its plethora of crypto-focused offerings. (Read More)
While the crypto market remains in its winter, some other sectors in the industry are experiencing a steady rise, one of the prominent examples of these sectors is the operational teams in the Polygon network. As of March this year, its total monthly active teams were around 8,000. However, recent data shows that the current monthly active teams for the network as of last month are about 11,800. Meanwhile, the DApps (decentralized applications) on Polygon, the Ethereum scaling platform, has also attained a new high. Based on recent data, the total number of decentralized applications on the blockchain is now 37,000. This figure projects a 400% increase from the beginning of this year. Related Reading: Polkadot (DOT) To Retest $9.88 Resistance – Can Bulls Regain Solid Footing? The blockchain team revealed this through a blog post on Wednesday. Sources stated that the information originated from Alchemy, a partnered web3 development company. The data provides the total number of applications the blockchain has launched on the mainnet and testnet. We’re having quite a year at @0xPolygon ?? ~500 dApps in November, now 37,000+ with 11.8k active teams. “Many projects are increasingly choosing to build solely on Polygon. Alchemy data shows that 74% of teams integrated exclusively on Polygon”https://t.co/ERiLHJiVdh pic.twitter.com/UzKZPlazWD — Ryan Wyatt (@Fwiz) August 11, 2022 According to the information, the number of active teams on the blockchain has hit 11,800. This figure shows a 47.5% increase in the last four weeks, dating from the end of July. Reports On Polygon DApps Reports from the project team cited an interruption regarding decentralized applications. The integrated teams on the polygon blockchain alone were 74%. On the other hand, those deployed on the blockchain and Ethereum were 26%. Furthermore, the proof-of-stake blockchain is renowned for hosting decentralized applications from several notable projects. These projects include Decentraland, The Sandbox of the Metaverse platform, and NFT marketplace OpenSea. Others include Animoca Brands, an NFT venture gaming/fund company, and Aave, a DeFi lending platform. The reports indicate that the blockchain carries out its hosting tasks through its EVM (Ethereum Virtual Machine). Moreover, over 142 million addresses are attached to the decentralized applications used on the Polygon blockchain. These are more pieces of information drawn from the blog post. Related Reading: Filecoin Cruises Near Resistance, Now Attempts For A Breakout According to the post, these unique user addresses contain up to $5 billion worth of assets secured on the network. Additionally, about 1.6 billion transactions are already carried out on the blockchain. Ryan Wyatt, the CEO of Polygon, has expressed how excited he is about the growth. He revealed this on a Twitter post, noting that the team is experiencing a good year at the company. The Polygon team announced the primary cause of the growth of the decentralized applications earlier this year. They acknowledged that their partnership with the web3 development platform, Alchemy was what facilitated the growth of the DApps. They added that the partnership made it easy for the Polygon developers to build decentralized applications. Featured image from Forbes, Chart from TradingView.com
Barely 24 hours after the United States Treasury Department blacklisted Tornado Cash, technological organizations like Infura and Alchemy blocked access to the tool. The two [...]
Alchemy, a blockchain development platform, announced it now supports Polkadot parachain Astar Network, delivering developers more tools and services to build on the multi-chain smart contract hub. “Supporting the developer ecosystem is Astar’s driving motivation. By partnering with Alchemy and making their blockchain engine available to Astar developers, we will bring even more innovation and […]
The post Polkadot-based gateway Astar Network now supported on blockchain development platform Alchemy appeared first on CryptoNinjas.
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