2+ hour, 3+ min ago (299+ words) The x402 protocol revives the long-dormant HTTP status code 402 (Payment Required) and turns it into a standard payment mechanism for digital resources, APIs, AI agents and services. Key capabilities of x402 This paradigm shift enables AI agents, IoT devices, APIs and other digital services to monetise value flows seamlessly. For example, an AI inference endpoint can invoice and accept a stablecoin payment in real time without prior onboarding. In short, x402 opens a new commercial model for the web where programmatic payments are as native to HTTP as GET or POST. Given the demands of x402 such as massive scale, minimal latency, low cost, stable settlement and decentralised trust, the architecture of Validium Network aligns perfectly. Here is why Validium Network stands out: This seamless flow exemplifies how x402 and Validium create a powerful combination: instant payment and scalable settlement. For any developer, API provider…...

1+ week, 1+ day ago (526+ words) This collaboration marks a significant milestone in the adoption of blockchain by mainstream institutions, promising to streamline the very arteries of international trade. Let's break down what this means and why it's a game-changer. Imagine a small business in the United States buying goods from a supplier in China via Alibaba.com. When the buyer sends a payment in U.S. dollars, the money doesn't travel directly. Instead, it embarks on a convoluted journey through a network of intermediary and correspondent banks. This system, known as the SWIFT network, was revolutionary decades ago but is now a bottleneck in our fast-paced digital world. Alibaba.com plans to integrate JPMorgan's proprietary blockchain-based system, the JPM Coin and Deposit (JPMD) infrastructure, to sidestep these issues entirely. The solution revolves around a concept called "tokenized deposits." A tokenized deposit is a digital representation of a…...

1+ week, 1+ day ago (486+ words) During the Devconnect 2023 conference in Istanbul, Buterin didn't mince words about this growing trend. His critique cuts to the heart of an identity crisis within the crypto space: Are we building a truly new internet, or just putting a decentralized sticker on the old, centralized model? In an interview, Buterin expressed his frustration with a simple but powerful statement: "I hate apps that require a Google login but claim to be crypto." This isn't just a minor technical complaint; it's a fundamental ideological objection. For Buterin and other crypto pioneers, decentralization is not a marketing buzzword'it's the entire point. The goal is to create systems that are open, censorship-resistant, and empower individuals by giving them full control over their data and digital identity. If using a Google login is so antithetical to the Web3 ethos, why is it so common? The…...

1+ week, 2+ day ago (555+ words) Several converging forces appear to be behind the current market turbulence. It's not a single issue but a cascade of events creating significant downward pressure. While the surface-level data paints a grim picture, a deeper look reveals a fascinating divergence in behavior. On one hand, long-term Bitcoin holders have been selling at the fastest pace in nearly a year, offloading approximately 815,000 BTC in the last 30 days. This capitulation is a primary driver of the "extreme fear" sentiment. On the other hand, large-scale investors, often called "whales," are doing the exact opposite. On-chain data shows that whales have absorbed this selling pressure, accumulating over 45,000 BTC this week alone. Many industry leaders see this as a classic sign of consolidation and an accumulation phase. As Avinash Shekhar, Co-Founder & CEO of Pi42, notes, "What we are seeing is a clean-up of leveraged positions and…...

1+ week, 2+ day ago (133+ words) This is content posted via curl! Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity Did you like the news you just read? Please leave a feedback to help [] The post My First API Post appeared first on Blockmanity. This is content posted via curl! Did you like the news you just read? Please leave a feedback to help us serve you better Blockmanity is one of the leading sources of information and analysis on the digital assets market since its establishment in 2018. Our team is dedicated to providing comprehensive coverage of key developments. We focus on a range of topics, including Bitcoin, DeFi, NFTs, and web3, in order to offer a comprehensive overview of the crypto asset market....