Elon Musk’s latest plot to access your wallet involves—quite literally—becoming one. New details have emerged of Musk’s plans to launch the payments network “X Payments” later this year, according to 350 pages of documents and emails related to money transmitter licenses, submitted to regulators in 11 states, obtained by Bloomberg. But despite Musk’s reputation as
PayPal says its stablecoin — PayPal USD (PYUSD) — is now available on the Solana blockchain. The move is designed to make the stablecoin faster and cheaper to use, giving users the choice of multiple blockchains for more flexibility and control, according to a Wednesday (May 29) news release. “The Solana blockchain is known for processing massive amounts
iPhone | Cryptocurrencies In a recent ruling, a lawsuit accusing Apple of monopolistic practices in its App Store by restricting cryptocurrency transactions was dismissed by a judge in San Francisco. Filed by users of Venmo and Cash App, the lawsuit argued that Apple’s policies forced these payment apps to increase their fees. The plaintiffs contended