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Cryptocurrencies usually get the headlines due to price action, market movements, or scams, but the technology goes far beyond that. The blockchain has the power to revolutionize many segments of our society and life, such as travel and trivial payments. In particular, two startups – built on Algorand (ALGO) – are using blockchain to innovate on airline tickets and energy bill payments. These startups are TravelX and HesabPay, featured in the Algorand Foundation’s new campaign “Algorand Can” as evidence of what blockchain technology can do in the real world, especially when using ALGO’s infrastructure. Essentially, Algorand is a blockchain platform designed for speed, scalability, and security, competing with Ethereum (ETH) and other “layer-ones (L1s).” It uses a pure proof-of-stake consensus model and has a supply cap set at 10 billion ALGO. Picks for you ...

Visa recently announced its initiative to experiment with USDC settlement payments via the Solana blockchain. In a press release, Visa claimed it would allow USDC settlement payments through the Solana blockchain on Sept. 5. The company will facilitate these USDC-denominated transactions to merchant banks Worldpay and Nuvei, who can then process payments to their merchants in the same digital currency. Visa’s role in the financial ecosystem is monumental, with daily operations involving the clearing, settlement , and transferring of billions of dollars. Cuy Sheffield, Head of Crypto at Visa, explained that the company’s global network navigates about 25 currencies and collaborates with nearly 15,000 financial institutions. A significant operational undertaking for Visa is ensuring that transactions occur seamlessly, particularly in the preferred and correct currency. 1/Breaking: Visa Expands Stablecoin Settlement Pilot to Solana@Visa is scaling their USDC settlement pi...

Wyre, a platform facilitating payments with digital currencies, is closing shop due to the ongoing decline in the market. The portal has since its winding-down procedure, stating that potential purchasers interested in acquiring the company’s assets are now invited to express their interest. Wyre shuts down After nearly ten years, the San Francisco-based provider of crypto currency payment solutions said their decision to wind down follows challenges posed by the bearish market conditions rather than any stringent “regulatory agency directives” in the United States. You might also like: Wyre’s demise forces Airtm to halt crypto trading operations In a statement on June 16, the company explained that it had made the difficult decision to shut down to safeguard the best interests of its primary stakeholders and customers. Wyre assures the security of client funds. Until Friday, July 14, users can access their assets on the Wyre platform through the Wyre ...

Right now, Bitcoin is a day away from matching a nearly 10-year-old record and Ethereum could hit a significant milestone by Q2. The world's first cryptocurrency Bitcoin (BTC) is one day away from matching its historic 15-day win streak if its positive price movement keeps up. In November 2013 Bitcoin posted a 15-day consistent positive price movement, the longest in its history. ₿REAKING: #Bitcoin price has increased 14 days in row — A single day away from making a historic new record! pic.twitter.com/qclJhikcds — Documenting ₿itcoin (@DocumentingBTC) January 17, 2023 Right now, BTC is on day 14 of its win streak, hitting four-month highs in the process. One more day of upwards price movement will match its 2013 streak. If it continues another day after that it will set a new 16-day record . It’s not the only bullish metric crossing into new territory. Ethereum to soon cross 100M non-zero addresses Ethereum addresses holding at least some Ether (ETH) will soon cross the 100...