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Paypal Expands PYUSD to Solana Blockchain for Better Payment Solutions


Payments giant Paypal has made Paypal USD (PYUSD) available on the Solana blockchain, making the stablecoin “faster and cheaper to use.” Platforms like Crypto.com, Phantom, and Paxos are among the first to offer PYUSD on Solana, alongside Paypal and Venmo wallets. Paypal Makes PYUSD Available...

NYSE Partners With Coindesk for Bitcoin-Tracking Financial Products


The New York Stock Exchange (NYSE) has teamed up with Coindesk Indices to develop cash-settled options contracts that track bitcoin prices. These contracts, based on the Coindesk Bitcoin Price Index (XBX), are currently in the planning stage and awaiting regulatory approval. NYSE and Coindesk...

Cardano (ADA) faces the risk of tumbling around $0.40


Cardano’s ADA could slip a little further. It is noted that the chances of tumbling around $0.40 are very much in sight. The token was last seen listed at $0.4618. Assuming it does fall to $0.45, there is a scope for a decline to $0.40. This comes when the market is transitioning toward Ethereum’s...

Liquid Staking Derivatives See 110,000 ETH Inflow Over 12 Days


While liquid staking protocols experienced a brief period of withdrawals, the past 12 days have seen liquid staking derivatives (LSDs) platforms gain 110,000 ether valued at $417.59 million. Swell Experiences Decline as Lido and Others See ETH Increases In the realm of decentralized finance (defi)...

PEPE challenges Polygon: A new crypto market cap battle


While the use of cryptocurrencies is increasingly popular, there is a rise in competition among the top twenty currencies based on their market capitalization. Recently, Pepe (PEPE) and Polygon (MATIC), competing for 18th and 19th place in this list, have garnered global attention. This rivalry...

Dormant Bitcoin Address Awakens After a Decade, Moves $9.8 Million in BTC


May has emerged as a notable month for ‘sleeping bitcoin’ transactions, with a long-dormant address, inactive for ten years and six months, awakening on May 28 to move 145.89 BTC, valued at $9.8 million. Over $109 Million in Bitcoin From 2013 Moved in May After a much quieter April...

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