Saipriya pradhan

Coinbase reveals x402 protocol to enable on-chain payments via HTTP

Coinbase unveiled an open-source protocol for on-chain payments via HTTP called x402.  Announced on May 6, the system repurposes the previously unused HTTP 402 “Payment Required” status code to support direct machine-native payments using stablecoins. The protocol enables autonomous agents and applications to pay for API access, data, and services without relying on human intervention,…

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Jack Maller’s Strike Launches Bitcoin-Backed Loans for Eligible U.S. Customers

Bitcoin Magazine Jack Maller’s Strike Launches Bitcoin-Backed Loans for Eligible U.S. Customers Strike has unveiled one of its most powerful and innovative features to date: bitcoin-backed loans. For the first time, eligible users in select U.S. states can now borrow cash against their bitcoin holdings without having to sell their cryptocurrency. This option allows individuals…

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21Shares launches ETP for Crypto.com's Cronos token

21Shares has launched an exchange traded product (ETP) in Europe, providing investors with exposure to Crypto.com’s Cronos token, the asset manager said.  The ETP is listed on Euronext’s Paris and Amsterdam exchanges, 21Shares said in a May 6 announcement.  Cronos (CRO) is a layer-1 blockchain network affiliated with Crypto.com, a centralized exchange.  The chain is…

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