Google Cloud has launched a new Blockchain remote procedure call (RPC) service, allowing developers to access blockchain data via API calls. The service supports the Ethereum mainnet and its testnets, with plans to expand to more blockchain networks next year.
The Blockchain RPC service allows developers to easily integrate blockchain functionality into their applications using Ethereum’s JSON-RPC standard. It is designed to meet the needs of startups and large enterprises looking for a reliable and high-performance infrastructure.
With this new offering, Google Cloud will compete with providers such as Infura, Alchemy, and QuickNode, offering a free service tier that allows up to 100 requests per second, enough to develop real-time applications. In addition, Google Cloud already provides other blockchain infrastructure services, such as node hosting and data analysis on networks such as Ethereum, Solana, and Aptos.
Cryptocurrency exchange Bitstamp plans institutional expansion in Australia and Asia Pacific
Cryptocurrency exchange Bitstamp is looking to expand its institutional business in Australia. Meanwhile, it is strengthening its presence in the Asia Pacific region following the planned acquisition by Robinhood for USD 200 million. At the Token2049 conference in Singapore, Bobby Zagotta, Bitstamp’s global commercial director, highlighted the potential of the Asian market, especially in Hong Kong, Singapore and Australia, The Block reported.
“We see Asia as a huge opportunity,” Zagotta said, identifying Australia as a priority for 2024. While Binance and Kraken already operate in the country, Bitstamp believes it can offer unique value propositions as a global exchange. Asia currently accounts for 20% of the company’s global revenue, while Europe contributes 65%.
Circle integrates USDC into payment systems in Brazil and Mexico
Circle has integrated its US dollar-pegged stablecoin, USD Coin (USDC), into real-time payment systems in Brazil and Mexico. The September 17 announcement reveals that businesses can now access USDC directly from local financial institutions, without the need for international transfers.
The integration enables businesses and retail customers to use USDC for corporate operations and everyday transactions, thereby improving speed of access by reducing settlement times from days to minutes. Additionally, USDC is now available in local currencies such as the Brazilian Real (BRL) and Mexican Peso (MXN), integrating with Brazil’s PIX and Mexico’s SPEI systems.
Circle’s move into Latin America bolsters its involvement in cross-border transactions, a popular use of stablecoins, and aims to facilitate trade and remittances, key sectors in the region.
Wintermute launches prediction market for US elections
Wintermute, a global leader in algorithmic trading and liquidity provider in digital asset markets, has announced the development of a smart contract for a new prediction market for the US presidential election. The market will feature “TRUMP” and “HARRIS” tokens, using Chaos Labs’ Edge Proofs oracle to ensure data accuracy across multiple chains.
Launching next week, the market will be available on Ethereum, Base, and Arbitrum. Unlike traditional prediction markets, the multi-chain architecture allows participation from multiple native blockchain ecosystems, eliminating the need for complicated connections.
“What sets our marketplace apart is the integration of advanced AI and real-time risk models,” said Omer Goldberg, CEO of Chaos Labs. The tokens will be usable in DeFi applications and available on centralized and decentralized exchanges, expanding their utility and setting a new standard in prediction markets.
Republican lawmakers demand answers from SEC on cryptocurrencies
Two prominent Republican lawmakers, Tom Emmer and Patrick McHenry, have called on US Securities and Exchange Commission (SEC) Chairman Gary Gensler to clarify his stance on the classification of cryptocurrency airdrops before the end of the month.
In a letter dated September 17, they expressed concerns about recent SEC lawsuits calling airdrops “unregistered offers and sales.”
Lawmakers say poor enforcement of securities laws could stifle the decentralizing potential of cryptocurrencies, a development they say reflects America’s founding principles.
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