Jack Dorsey’s Bitcoin wallet Bitkey partners MoonPay

Bitkey and MoonPay are teaming up to simplify Bitcoin purchases using traditional web2 channels.  Block, Jack Dorsey’s fintech startup, and payment provider MoonPay have teamed up to enable easier Bitcoin (BTC) purchases via traditional methods such as bank cards, Google Pay, PayPal, and more. On Tuesday, both entities announced that Block’s BTC hardware wallet Bitkey will onboard MoonPay infrastructure to unlock this feature for financial participants. MoonPay’s existing KYC-registered user base with stored payment methods will facilitate smoother fiat-to-crypto onramps. Later this year, Bitkey plans to launch “MoonPay sell,” enabling crypto-to-fiat…

Understanding Layer 3s (L3s): The Next Evolution in Blockchain Scaling

Peter Zhang Jul 16, 2024 15:11 Layer 3s (L3s) represent a new frontier in blockchain technology, offering cost-effective, customizable solutions for developers to build on existing Layer 2 (L2) infrastructure. Layer 3s (L3s) are emerging as a significant development in the blockchain ecosystem, according to paragraph_xyz. These new layers offer developers the ability to create customized, cost-efficient applications that settle on existing Layer 2 (L2) infrastructures, thereby enhancing the scalability and efficiency of blockchain networks. What are Layer 3s (L3s)? L3s can…

Dogecoin Set For Heightened Downtrend After A Rejection At $0.1293

Popular meme coin, Dogecoin, recently faced a rejection at a significant resistance level of $0.1293. This setback has led the crypto asset to start a fresh downward move towards its previous low of $0.0914. Since DOGE failed to break past the $0.1293 barrier, this has led to speculations among market participants about the next move of the digital asset. In this article, we will examine the post-rejection price actions of DOGE with the help of technical indicators to determine what this rejection could mean for the crypto asset in the…

What Does It Actually Take to Build a Blockchain?

Considering that many of these chains take quite some time to reach mainnet, let’s assume there will be a testnet phase. When done correctly, this phase can be a great way to build initial hype — the key word being “correctly.” It’s also the time for the chain to get the necessary infrastructure in place, such as RPCs, oracles, indexers, block explorers, multisigs, account abstraction, and so on. The irony of needing infrastructure for infrastructure should not be lost on you. During this phase, developer relations teams can start conversations…