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Coinbase will allow users to send money globally via popular messaging apps like WhatsApp, iMessage, and Telegram. The transactions are instant and free, breaking down geographical barriers. To facilitate these transfers, both the sender and receiver need the Coinbase Wallet. Cryptocurrency exchange giant Coinbase yesterday rolled out a groundbreaking service, allowing users to send money globally through well-known messaging and social media platforms. The move aims to provide greater utility to its digital wallet and attract new users amidst a thriving crypto market. Global money transfers using messaging apps Coinbase now enables customers to send money global ly through widely used messaging apps such as WhatsApp, iMessage, and Telegram. This move allows for seamless transactions, breaking down geographical barriers. Users can send money to recipients in different countries, and the settlement of transfers is both instant and free of charge. Coinb...

Developers claim Synquote handled a trade of over $1 million of notional volume in its beta with no detectable slippage. A DeFi options platform launched that uses social login s and undercollateralized trading to draw in liquidity providers, according to a June 15 announcement . The protocol, called “Synquote,” is capable of handling large trades with much less slippage than previous options platform s, the team claimed. Synquote user interface. Source: Synquote According to the announcement, Synquote did over $25 million of notional volume in its beta period, which began on March 17. The largest trade during this period was for $1 million in notional volume, which was executed without any detectable slippage, developers told Cointelegraph. In a conversation with Cointelegraph, Synquote founder Ahmed Attia explained the strategy the protocol uses to attract liquidity. First, it doesn’t use an automated market maker (AMM) to determine prices. Instead, an off-chain, peer-to-peer...