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Coinbase Gets a Stake in Stablecoin Operator Circle and USDC Adds 6 New Blockchains
21.8.2023
The Centre Consortium, jointly managed by Circle and Coinbase, is being shut down and Circle is bringing issuance and governance of the USDC stablecoin in-house
eToro Co-founder Yoni Assia: From Finance Enthusiast to Crypto Pioneer
21.8.2023
Stock and crypto trading platform eToro listed Bitcoin (BTC) on its exchange in December 2013. Two months later, the asset’s price plummeted from $1200 to $150 after the fall of Mt. Gox, the world’s largest Bitcoin exchange at the time.
“Everybody around us thought this is it – Bitcoin is dead,”...
Terra Website Compromised; Developers Warn Against Phishing Scam
21.8.2023
Layer 1 blockchain Terra was targeted by a phishing attack over the weekend with the official website being compromised by hackers
Crypto Miners Are Attempting to Diversify Into Other Business Areas: JPMorgan
21.8.2023
Miners are now offering high performance computing services to the rapidly evolving artificial intelligence market, the report said
BRICS Bank Could Issue Digital Currency for the Economic Bloc, Analyst Says
21.8.2023
A Trace Finance analyst has suggested that the BRICS nations could launch a single digital currency issued and regulated by the New Development Bank, also known as the BRICS Bank. He stressed that the U.S. is facing the biggest crisis in history. Many expect a common BRICS currency that would...
Curve Finance to reimburse users, another DeFi hack, and ConsenSys launches L2: Finance Redefined
19.8.2023
The DeFi ecosystem had another exploit of over $2 million on a stablecoin liquidity pool this past week, just weeks after the Curve Finance exploit
Crypto Stories: eToro co-founder Yoni Assia’s life in finance led him to adopt crypto early
18.8.2023
Yoni Assia wanted to make trading accessible to “normal” people, and Vitalik Buterin helped him design the platform
Crypto Lender Exactly Hit by $12M Bridge Exploit
18.8.2023
Exactly Protocol, a decentralized credit market on the Optimism (OP) blockchain, has been targeted by a bridge exploit worth as much as $12 million
BRICS Bank Issues First ZAR Bonds as It Looks to Use Local Currencies
18.8.2023
The New Development Bank (NDB), established by the BRICS bloc of emerging economies, has issued its first bonds denominated in South African rand (ZAR). The auction, which was closed on Tuesday, is part of the bank’s efforts to increase both fundraising and lending in local currencies. Development...
Coinbase Will Suspend USDT, DAI and RAI Trading for Canadian Users
17.8.2023
The exchange expanded its services in Canada earlier this week
Mastercard Deepens Tie to CBDCs as Nations Mull Issuing Digital Currencies
17.8.2023
Payments giant Mastercard has created a forum where crypto industry players can discuss and collaborate on central bank digital currencies, injecting its influential voice into the CBDC conversation as nations around the world consider whether to digitize their money
How Is Tokenization Impacting Investing?
17.8.2023
Decentral Park’s Kelly Ye provides an overview of what tokenization is and how will it affect the investment landscape
Avalanche Foundation Provides $3M in AVAX Tokens to Dexalot
17.8.2023
The grant is part of Avalanche’s Multiverse initiative, an incentive fund that aims to push the growth of new subnets
PayPal’s stablecoin opens door for crypto adoption in traditional finance
17.8.2023
PayPal’s stablecoin sparked conversations over traditional finance’s growing interaction with the crypto space, stablecoin regulations and more
Tether Stops Support for Bitcoin Layer Omni Citing Lack of Demand
17.8.2023
Stablecoin issuer Tether has announced that it will discontinue support for Omni, a Bitcoin layer that has been used for USDT transfers since 2014
Securitize Agrees to Buy Crypto Wealth Manager Onramp to Expand RIA Services
17.8.2023
The acquisition is expected to close in the coming days and terms of the transaction have not been disclosed
Blockchain-Harnessing AI Project Jada Receives $25M in Capital
17.8.2023
The project's aim is to offer AI services that aid decision-making for organizations and scale up their operations
US Dollar to Remain Major Global Currency, South Africa’s BRICS Sherpa Says
17.8.2023
BRICS plans to discuss trade in national currencies at its summit but de-dollarization is not on the agenda, South Africa’s BRICS Sherpa stated. The talks in Johannesburg next week will also focus on the expansion of the bloc of emerging economies and the diplomat doesn’t see this as a challenge...
PayPal to Stop Crypto Purchases in UK Until 2024
16.8.2023
Payments giant PayPal will temporarily pause crypto purchases in the United Kingdom until early 2024, the company said Wednesday, citing new rules by the country’s financial regulator
Crypto Wallet Provider Ledger to Let Users Buy Bitcoin, Ether Through PayPal Account
16.8.2023
Hardware wallet maker Ledger has partnered with payments giant PayPal to allow users to buy crypto in its Ledger Live app through their PayPal accounts, the companies announced Wednesday