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Ramp teams up with Linea to bridge zkEVM and the global financial system

On October 26, Ramp, a financial technology firm focused on establishing payment infrastructure that links the cryptocurrency economy with the worldwide financial system , announced a significant collaboration with Linea.  Linea is a developer-friendly zkEVM rollup designed to enhance the scalability of Ethereum decentralized applications (dApps). The agreement entails the integration of Linea Network’s advanced blockchain technology with Ramp Network’s extensive global payments infrastructure, according to information shared with Finbold. During the first phase of this strategic alliance, individuals from over 150 countries and territories have gained the capability to acquire ETH and USDC directly via the Linea Network. This is made possible by using the Ramp widget, which is accessible through Ramp’s wide-ranging network of integration partners.  This is also the first phase of investigating the potential collaboration between Linea Network and Ramp Netw...

DeFi Will Never Become A Real Ecosystem Until Utility Is Rewarded, Not Punished

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Disclaimer: The Industry Talk section Features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Source: Depositphotos As much as we like to joke that the world is getting crazier by the day, you can find countless examples where groups of people will generally act in a rational, predictable manner.  We as humans do have some biases that don’t make sense, like the phenomenon where losing a certain amount of money causes greater pain than gaining that same amount of money causes happiness.  As individuals, we do dumb things all the time.  But if you set up a system for people to use, the majority of people will act in a rational way that benefits them most.   With monetary system s, the rules are set and various levers can be adjusted to drive certain behaviors from people as a whole.  There is still freedom to act how you want, but the rules will help to incentivize or penalize cert...