EOS, a prominent cryptocurrency powered by the EOS.IO blockchain protocol, has seen a mix of ups and downs since its inception. Built to host decentralized applications (dApps), EOS has garnered attention due to its scalability and technological features.

Alchemy Pay, a prominent provider of crypto payment solutions, has announced plans to introduce its layer-1 blockchain, Alchemy Chain. According to the announcement, Alchemy Chain will be strategically designed to support large-scale business applications, reflecting Alchemy Pay's commitment to creating a frictionless, scalable, and user-friendly payment ecosystem.

Crypto payments provider Alchemy Pay has announced plans to launch its own layer-1 blockchain, which the company says will target large-scale business applications.

Ceffu, Binance's institutional custody partner, has teamed up with the EOS Network Foundation to unlock new opportunities for CeDeFi strategies, combining decentralized finance (DeFi) and centralized exchanges (CEXs).

EOS Network Foundation (ENF) announced its partnership with Ceffu in one of the most exciting crypto links.

The EOS Network Foundation has partnered with Binance's Ceffu to enhance institutional asset security and expand CeDeFi opportunities.

The EOS Network Foundation has partnered with Ceffu, Binance's institutional custody platform, to enhance security and CeDeFi opportunities for EOS token holders.

This collaboration brings advanced custody services to institutional investors. It also opens up new CeDeFi (Centralized and Decentralized Finance) opportunities for EOS token holders.

The EOS blockchain has taken a significant step toward building institutional engagement by partnering with Ceffu, the institutional custody arm of Binance.

Binance introduces a new promotion for EOS (EOS) Locked Products, offering up to 29.9% APR. The promotion runs from December 5, 2024, to January 5, 2025.

Old-school cryptocurrencies are in a strong bull run this week, largely outperforming newer ones. EOS price jumped to a high of $1.5230, its highest level since September 22. It has jumped in the past five consecutive weeks and is up by 250% from its lowest level this year. NEO, another cryptocurrency, jumped to $26.

EOS, the native cryptocurrency of the open-source EOS Network, has recently achieved a significant milestone, with its market cap surpassing $1.70 billion for the first time since 2022. This surge comes after a dramatic 165% price increase over the past 30 days, pushing the price of EOS from $0.42 to $1.12.

Ex-BitMEX CEO Arthur Hayes has criticized EOS as the most destructive value ICO from 2017, calling out the project's lack of follow-through after raising billions through its token sale.

EOS, the native token of the open-source blockchain EOS Network, has seen its market cap soar to $1.74 billion, marking its highest level since November 2022. This milestone follows an impressive 165% price surge over the past 30 days, catching many market observers off guard.

EOS, a blockchain platform designed to enable the hosting and execution of decentralized applications, has been a part of the cryptocurrency space for several years. The live price of EOS is currently around $0.97, showing signs of slight recovery in recent months.

Crypto prices traded higher on Friday for most assets as Bitcoin (BTC) targeted the $100,000 milestone again following last week's failed attempt. Algorand, Peanut the Squirrel and XRP are among top performers on the day. Market data shows the global cryptocurrency market cap rose to $3.

The crypto market is expecting Bitcoin price to break the $100k mark imminently, with analysts saying the altcoin season is next. Meanwhile, Solana, XRP and Cardano have soared to new highs after the SEC Chair announced he will be leaving the agency on January 20.

Alchemy Pay may provide its crypto services to people and companies in these regions. With these additional licenses, Alchemy Pay now has a total of eight licenses in the US.

As of November 2024, Alchemy Pay has focused on a strategic and compliant approach to increasing crypto accessibility in the United States. The recent MTL acquisitions follow approvals in New Hampshire, New Mexico, Arkansas, and Iowa.

Alchemy Pay's new MTL licenses in Minnesota, Oklahoma, Oregon and Wyoming bring its total to eight US state licenses.

Storj, a distributed cloud storage platform, has announced leadership changes as it targets a new growth chapter. The platform said in a press release on October 30 that Colby Winegar, until then the platform's chief revenue officer, had been promoted and would be taking over as the new chief executive officer.

Winegar previously served as the company's chief revenue office for a number of years.

EOS has announced its roadmap for 2024-2025, emphasizing scalability, developer efficiency, and cross-chain interoperability through significant upgrades across its ecosystem.

With this new blockchain, Alchemy Pay seeks to improve crypto payments through seamless interaction between on-chain and off-chain transactions, allowing businesses to easily operate in both crypto and fiat worlds. The post Alchemy Pay To Launch Scalable Layer-1 Blockchain for Payments appeared first on Cryptonews.

Crypto payment provider Alchemy Pay has announced its upcoming layer-1 blockchain, Alchemy Chain, a move aimed at streamlining fiat and cryptocurrency integration. Built on a Solana Virtual Machine (SVM) architecture, the new blockchain is expected to support Alchemy Pay's payment ecosystem by offering scalable infrastructure for high transaction volumes.

Cryptocurrency payments solution provider Alchemy Pay has introduced the launch plan for its Layer-1 blockchain. Alchemy Chain, announced Monday (Oct. 28), is built on a scalable Solana Virtual Machine (SVM) architecture and designed to support the growing needs of Alchemy Pay's business operations and integrate crypto and fiat payments.

TL;DR Alchemy Pay launches its blockchain to integrate cryptocurrencies and fiat currencies into its payment infrastructure. The layer-1 chain, based on Solana Virtual Machine, aims to enhance the efficiency and security of on-chain transactions and external storage.

Alchemy Pay token formed a “God candle” on Oct. 28, after the developers announced plans to launch the Alchemy Chain. Alchemy's (ACH) token rose to a high of $0.020, its highest level since Oct.

Alchemy Pay said that users would have the option to pay their gas fees with fiat or its native ACH token.

The EOS Network Foundation has introduced Spring 1.0 and the Savanna consensus algorithm, promising advancements in finality, scalability, and security for the EOS blockchain.

The EOS Network has completed its Spring 1.0 hard fork and launched the exSat mainnet, marking significant milestones in its development. Key updates were discussed during the October Block Producer meeting.

EOS, a digital asset designed to support decentralized applications (d Apps) on the EOS.IO platform. With the live price of EOS hovering around $0.48, many investors are wondering whether now is the right time to buy EOS and hold for the long term.

Storj, a blockchain network focused on storage and decentralized graphical processing units, continued its strong rally. Storj (STORJ) price soared to a high of $0.

Alchemy Pay has partnered with Yellow Card, a prominent African fintech, to enhance cryptocurrency on-ramp services across the continent.

Alchemy Pay and Yellow Card have teamed up to make cryptocurrency more accessible in Africa. Alchemy Pay's on-ramp product will utilize Yellow Card's payment infrastructure in 20 African countries, allowing users to purchase crypto with their local fiat currencies.

Alchemy Pay has announced a new partnership with Yellow Card, a fintech company operating across 20 African countries.

Globally renowned fiat-crypto payment gateway Alchemy Pay marked a monumental stride on Tuesday, banking upon a partnership with pan-African fintech firm Yellow Card. The crypto payment gateway firm recently revealed that it is collaborating with the fintech firm in an effort to facilitate on-ramp services in Africa.

Decentralize with Cointelegraph is joined by Bart Wyatt of the Eos Network Foundation to explore blockchain's journey from a decentralized ledger to a transformative technology.

Alchemy Pay has announced the integration of its virtual card service with Samsung Pay, expanding its reach following the successful launch on Google Pay. This development enables users to seamlessly spend their cryptocurrency holdings at numerous retailers, both online and in-store, through Samsung's contactless payment platform.

Alchemy Pay, a major crypto payment provider, took another step towards making cryptocurrencies more accessible on October 8 by integrating its virtual card with Samsung Pay, Samsung's contactless payment tool.

Alchemy Pay users can link their virtual cards to Samsung Pay, enabling payments with crypto online and in-store, according to an Oct. 7 announcement. Over 500,000 users of Alchemy Pay's virtual card can now use their crypto for retail payments in the 24 countries where Samsung Pay is available.

Already available on Google Pay, Alchemy Pay's virtual card is now coming to Samsung Pay, giving users another seamless way to spend their crypto.

Alchemy Pay has introduced Samsung Pay integration for its Virtual Card service, allowing users to make fast and secure payments using cryptocurrency.

Alchemy Pay has been keen on offering its users an array of options when it comes to spending their crypto.

The EOS Network completes its historic hard fork to Spring 1.0, implementing the Savanna consensus algorithm to achieve 1-second transaction finality.

EOS price has recently experienced a notable surge, entering a strong bullish phase. The cryptocurrency is showing signs of increased momentum, as it eyes further gains in the market.

EOS Network has successfully completed its Spring 1.0 upgrade, a hard fork that has introduced 1-second transaction finality to the blockchain network. On Sept. 25, the EOS Network (EOS) announced that the upgrade to Antelope Spring 1.

TL;DR EOS Network has successfully launched its Spring 1.0 update, introducing the Savanna consensus algorithm and reducing the transaction finality time to just one second. The transition to Spring 1.0 was made possible thanks to the collaboration of block producers and extensive beta testing.