Meta’s WhatsApp has launched a new pilot letting a “limited number” of people in the United States send and receive money from within a chat using the Pax Dollar (USDP) stablecoin. The feature is powered by Meta’s digital wallet Novi.
The Solana network was reportedly hit with a distributed denial of service (DDoS) attack that failed to take it down but managed to clog the network to the point it endured a noticeable slowdown. A DDoS attack is generally caused by a number of coordinated devices or a botnet overwhelming a network with fake traffic.
Nasdaq-listed cryptocurrency exchange Coinbase has launched its first yield product allowing users outside of the United States to earn interest on their cryptocurrency holdings. The product, launched in 70 jurisdictions, lets users earn interest on DAI through decentralized platform Compound.
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Top stories in the Crypto Roundup today:
- WhatsApp Pilots Crypto Payments Feature
- Solana Hit With DDoS Attack That Clogged the Network
- Coinbase Launches DeFi Yield Product
- Crypto Market Movers – LEO, LUNA, MATIC
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