Visa Announces Ambitious Crypto Product Roadmap Tapping on Ethereum Network
Visa is reportedly hiring senior software engineers to help build scalable Web 3.0 products and drive mainstream adoption of public blockchain networks and stablecoin payments. The company is searching for engineers with a good understanding of public and permissioned distributed ledger technology (DLT) networks, security protocols, and private key custody, as well as Layer 1 and Layer 2 solutions and experience writing smart contracts using the Solidity programming language. Visa is likely to tap the Polygon network to scale its Ethereum smart contract capabilities in Web 3.0 development. The company has already made investments in the NFT and stablecoins market and is working with central banks to help scale the adoption of CBDCs. Visa's CBDC Payments Module is designed to provide an on-ramp for CBDC to existing payment networks.
Round 3 of Post-shapella ETH Withdrawals Sees Most Re-staked: Data
Ethereum staking withdrawals for the third time have been mostly re-staked, according to data from Nansen. The crypto exchange Kraken was responsible for a large portion of these withdrawals. While the last large batch of withdrawals on April 24 was a total of 61,608 ETH in principal and reward withdrawals, 63,009 ETH deposits were made at the same time, suggesting most of it may have been re-staked. Before the last wave of withdrawals, Nansen reported an all-time high in the total amount of staked ETH. The current figure represents 14.5% of the total Ether supply.
Third Round of ETH Withdrawals Sees Roughly Equal Amounts of Deposits
Most of the Ethereum (ETH) being withdrawn from staking has been re-staked, according to data from the analytics platform Nansen. The third round of withdrawals started on April 24 and into April 25, with Kraken responsible for a large portion of these withdrawals. However, the majority has been re-staked, resulting in zero change in the balance of staked ETH over the past 24 hours. Nansen currently reports there is a total of 632,651 ETH waiting in the pending withdrawal queue, valued at around $1.16 billion. The figure represents 14.5% of the total Ether supply. (Cointelegraph)
Visa Hiring Crypto Engineer With Focus on AI-Written Smart Contracts
Visa is seeking to hire a software engineer with experience in using AI-assisted engineering tools to write and debug smart contracts, according to a tweet by Cuy Sheffield, Visa's Head of Crypto. The company is specifically interested in engineers with experience using GitHub Copilot and other AI tools.
Crypto Morning Briefing: Binance.US Finally Lists Floki Inu Amid Massive 33% Rally
ECB Considers Digital Euro to Complement Cash with Maximum Privacy; China’s Big CBDC Plan: Digital Yuan For Europe Trade; Binance Launches Liquid Staking Token, Joins Growing Market After Ethereum’s Latest Upgrade
zkSync Era: A Powerful Start
At the end of March, Matter Labs opened access to its main product — zkSync Era — a Layer 2 protocol that scales the Ethereum network.
What Is Wrapped Crypto
One of the biggest challenges facing the blockchain and crypto space is the lack of interoperability of different blockchains and their respective assets.
Binance Launches Liquid Staking Token, Joins Growing Market After Ethereum’s Latest Upgrade
Binance is rebranding its Ethereum staking product and introducing a liquid staking token less than two weeks after Ethereum's Shapella upgrade enabled staking withdrawals.
