'First-Ever' Web3 Food Delivery With SHIB
Gensler Says Ethereum ETFs Likely To Launch This Summer, Solana's 1st Smart Wallet Is On Testflight
Shiba Inu has ‘made history’ being used for the allegedly first-ever web3 food delivery purchase. This is said to mirror the iconic Bitcoin pizza purchase.
This was made possible with the DevourGO food delivery marketplace and their Coinbase Commerce integration.
The community is leaning to claim that this was the first SHIB-paid food delivery.
This is part of DevourGO's broader effort to make crypto payments for food available and easy for millions, and Coinbase Commerce does help make it effortless.
Paul Barron Network reported that over 50,000 U.S. restaurants are on DevourGO integrated with CB Commece. Other cryptos supported are XRP, BRETT, SOL, and more.
This comes following the praise from Forbes that Shiba Inu got about their recent technological advancements with Zama.ai to create a fully homomorphic encryption platform.
Market Update
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Forbes Lauds Shiba Inu's (SHIB) Newfound Utility
Forbes has highlighted several key aspects of SHIB's transformation and its potential to set new industry standards. The collaboration with Zama.ai is particularly significant because it focuses on fully homomorphic encryption, a cutting-edge technology that allows computations to be performed on encrypted data without needing to decrypt it first. | Read More
Solana’s 1st Smart Wallet ‘Fuse' is on iOS for public TestFlight
Fuse is a smart wallet developed by Squads Labs, specifically for the Solana blockchain. Unlike traditional wallets that rely on seed phrases for security, Fuse eliminates the need for these often cumbersome and risky phrases. Instead, it uses a programmable "Squads Protocol" smart account, with measures like wallet recovery and 2FA. | Read More
SEC Chair Gensler: Ethereum ETFs Likely To Launch This Summer
During a Senate Appropriations Committee meeting, SEC Chairman Gary Gensler indicated that the approval of S-1 filings for spot Ethereum ETFs is expected by the end of the summer. This follows the SEC's earlier approval of 19b-4 applications for spot Ethereum ETFs in May. | Read More
Curve's Founder Faces $140M Liquidation Amid CRV Plunge
Michael Egorov, the founder of Curve Finance, faced a massive liquidation of $140 million worth of Curve's native token, CRV. This occurred after he borrowed nearly $96 million in stablecoins against his CRV collateral. The liquidation was triggered by a sharp decline in the price of CRV, which fell by 24% between June 12th and 13th, 2023. | Read More
SEC Chair Gensler Says FTX 'is not unique' And Warns Crypto Exchanges
In a recent Senate Appropriations Committee hearing, SEC Chairman Gary Gensler discussed the ongoing issues within the crypto industry, using the defunct crypto exchange FTX as a key example. He emphasized that the problems seen with FTX are not isolated incidents but are indicative of broader issues within the sector. | Read More