Spritz Finance, a Web3 bill pay platform for DeFi users to easily pay their bills with crypto, announced a new product feature allowing customers to directly pay their bills straight from crypto wallets, such as Metamask, using USD Coin (USDC), as well as other stablecoins, including USDT and DAI. The feature is available now for Spritz private beta users in the US active on the Polygon Network.
Here's your Thursday edition of Cryptonews Crunch, featuring the latest stories about the long awaited Ethereum Merge being successfully completed earlier this morning, BNB Chain joins forces with Google Cloud, and episode 161 of the Cryptonews Podcast.
In more related news, Unfortunately for Ethereum and its holders, the Merge has happened in the wake of yet another downturn in global stock markets and the cryptocurrency market. Once again, the cause of this dip was the release of disappointing inflation figures for the United States, signaling that the U.S. Federal Reserve (FED) will hike interest rates yet again. However, it's only a matter of time before the shift to proof-of-stake bears dividends for ETH holders. Because with a drop in daily issuance, as well as an increase in staking and token burns, ETH's supply will eventually end up being squeezed to the point of pushing up its price.
The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) has placed sanctions on 10 individuals and two entities affiliated with an arm of the Iranian armed forces called the Islamic Revolutionary Guard Corps (IRGC). The OFAC move is a joint effort of the DOJ, Department of State, FBI, NSA, the U.S. Cyber Command, and the Cybersecurity and Infrastructure Security Agency. The designates are all accused of participating in coordinated ransomware-related cyber crimes against a wide array of businesses and government agencies in the U.S. and other countries on behalf of the Iranian military since at least 2020.
Munhwa Ilbo reported that the Seoul Southern District Prosecutors’ Office has asked the Ministry of Foreign Affairs to invalidate the passports of five South Korean nationals, including the co-founder and CEO of Terraform Labs, Do Kwon and a “financial officer” surnamed Han. The ministry has confirmed that it received the request. The voiding process typically takes up to a month, but the media outlet reported that the prosecution was “expected to pressure Kwon and others” to return their passports voluntarily to the South Korean Embassy in Singapore and “return before” the ministry completes the process.
France and Binance have continued to deepen their relationship through collaboration, with founder and CEO Changpeng "CZ" Zhao describing capital Paris as the financial hub of crypto in Europe. CZ was speaking during an opening session of the Binance Blockchain Week Paris 2022, which kicked off on September 14. He stated that with the strong push for crypto adoption and other initiatives the French government is taking, the crypto market is set to "explode" in the country over the next five years. CZ said the EU's Market's in Digital Assets (MiCA) laws are "fantastic" but a bit strict, especially on stablecoins. However, he still expects the laws that will create a uniform crypto regulatory regime for the 27 EU member countries to soon become a global standard.
Tamadoge (TAMA) is a blockchain gaming project that seeks to dominate the market. The self-proclaimed "play-to-earn Dogecoin" aims to combine the benefits of meme coins with blockchain gaming. TAMA investors are currently preparing for the full launch of the Tamadoge gaming platform. Although progress has already been made, the developers hope to launch the in-app NFT marketplace similar to Opensea, and other exciting features by the year's fourth quarter. Simultaneously, Tamadoge is gaining industry recognition. Earlier this month, the developers collaborated with Transak, a Web3 fiat on-ramp service, to enable fiat on-ramps on the Tamadoge platform. The collaboration will enable users in more than 15 countries to easily buy Ethereum with credit cards and then convert those tokens to TAMA.
Harsh Rajat is the Founder and Creator of Ethereum Push Notification Service (EPNS), the native communication protocol for Web3. Harsh is the Project Lead and looks at driving the protocol to build the product and its tech and is the core of the project of all gets shipped on the product front.
In this conversation, we discuss:
- Intro to crypto - EPNS - The power of notifications - Chatting to notifications instead of contacts - Decentralized communication protocol - $PUSH - ENS domains - 3 and 4 digit ENS domains - Working with EPNS
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