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Visa’s CEMEA head of innovation and design Akshay Chopra reveals that the company’s partnership with cryptocurrency exchanges has facilitated billions of dollars in payment volumes. The integration of conventional payment cards into cryptocurrency exchange offerings is playing a crucial role in driving adoption of digital assets, according to a VISA executive. Speaking to Cointelegraph reporter Ezra Reguerra during a panel at the Blockchain Economy Dubai Summit, VISA’s VP head of Innovation & Design Akshay Chopra highlighted the role that Visa cards have played as a bridge between fiat currencies and cryptocurrencies in recent years. Cointelegraph's Ezra Reguerra (left) on stage with VISA’s VP head of Innovation & Design Akshay Chopra and Accenture's CBDC & digital assets associate director Vladimir Nikolenko.  According to Chopra, using cryptocurrencies as a means of payment for everyday items like a cup of coffee at a cafe is still not truly ubiquitous. In a...

Makoto Inoue highlighted that Web3 socials are not limited to online platforms but can also be applied offline, putting records of having met people in the blockchain. As decentralized social media becomes one of the central topics at the Buidl Asia event held in South Korea, Cointelegraph spoke with Ethereum Name Service (ENS) developer Makoto Inoue onlineto find out more about Web3 social media , its potential to replace Web2 and the roles of ENS and the metaverse in this new social media paradigm.  According to Inoue, Web3 is “inherently social and distributed.” The developer highlighted that since it’s built on top of the blockchain, everything is transparent. This makes the blockchain a “social graph,” a graph commonly used to represent the interconnectedness of relationships in an online social network.  “It's already inherently permissionless and social . That's where ENS fits into. It's transparent but the addresses are human-readable. And by having the ENS...

Careful optimism was the theme at this year's Paris Blockchain Week. Builders will build and the crypto community will keep going. Expectations for Paris Blockchain Week were relatively low considering the downbeat market conditions. However, Paris can always surprise you. Indeed, Conference halls at the Event were not nearly as empty or depressing as Consensus after the big crypto meltdown of 2018. People were present, and conversations were fruitful. (And yes, the croissants were, as always, delicious.) In 2022, the conference was held symbolically in Palais Brongniart, a building known for hosting the historical Paris Stock Exchange until 1987. This time, organizers managed to outsoar themselves and held the event right under Louvre in the elegant “Carrousel du Louvre” conference halls. Paris Blockchain Week 2023. Here's beginning pic.twitter.com/ZnmlhWcQpE — DavidSHLee (@davidshlee11) March 21, 2023 Evening side events took place all around central Paris, overlapping an...

Cointelegraph’s Turner Wright and Rudy Takala discussed the recent events at ETHDenver on the podcast. In this episode of Decentralize with Cointelegraph, United States policy reporter Turner Wright and opinion editor Rudy Takala speak to listeners about their experiences at the ETHDenver conference from Feb. 24 to March 5. Wright arrived in time to interview industry experts, check out a “hacker house ” and watch developers go through the BUIDLWeek. Takala talks about the highlights of ETHDenver and how it compared, in his opinion, to better-organized conferences. The topics discussed by Wright and Takala include the logistics of traveling between different venues at ETHDenver and other events held the same week, general vibes among participants in various panels, and how the weather and altitude affected the experience of the two writers traveling from Texas and Florida. Takala also attended Cointelegraph’s afterparty on March 3. “I will say it was a packed house ,” said Takala. ...

A cybersecurity firm warned users of a fake Pokemon NFT game that spreads malware and targets gamers. In this week’s newsletter, read about how the Metaverse may integrate touch and smell . Check out how the nonfungible token (NFT) project Moonbirds plans to become a global brand and how NFT marketplace Magic Eden will refund users affected by a recent exploit. In other news, find out how NFT image hosting issues can be resolved, according to executives within the NFT space. And don’t forget this week’s Nifty News featuring a warning to gamers about a fake Pokemon NFT game spreading malware.  Touch and smell become the next big thing for the metaverse at CES 2023 One of the catalysts for the metaverse to generate $5 trillion in value in 2030 is the development of a more human experience. With the senses of smell and touch added to virtual reality (VR) experiences at the Consumer Electronics Show (CES) 2023, the metaverse is set to deliver more positive experiences to users. A metavers...