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Paypal Rolls Out Crypto Features for Business Accounts
27.9.2024
Paypal has unveiled a new feature allowing U.S. merchants to buy, hold, and sell cryptocurrency from their business accounts. Although not yet available in New York, this move caters to increasing demand from businesses. Paypal has steadily ramped up its involvement in digital currencies, including...
Phantom Wallet Joins Dydx, Easing Access for 7 Million Users
27.9.2024
Dydx has announced its integration of the Phantom Wallet, a leading Solana-based non-custodial wallet, into its decentralized finance (defi) platform. This integration aims to simplify access for over 7 million Phantom users, aligning with Dydx’s goal to broaden participation in decentralized...
US sanctions Russian crypto platforms for money laundering ties
26.9.2024
Two crypto exchanges and two individuals have been sanctioned for ties to underground finance
Spot Bitcoin ETFs Add $105M as Ether ETFs Pull in $43M on Busy Trading Day
26.9.2024
U.S. spot bitcoin ETFs enjoyed another day of inflows, bringing in $105.84 million, while spot ether funds also added $43.23 million. Blackrock’s IBIT Leads Bitcoin ETFs, While Grayscale’s Mini Ether Trust Gains the Most Ether Inflows Wednesday marked another active trading session...
Crypto for Advisors: The Growth of Bitcoin as Collateral
26.9.2024
As traditional investment products face declining yields, savvy asset managers must consider emerging opportunities within the cryptocurrency space to meet growing client demand
The Finance Magnates London Summit 2024
26.9.2024
Finance Magnates London Summit is Returning for its 13th Year! One of the year’s most awaited events, the…
Crypto Hackers Nabbed $409M in Q3: Immunefi
26.9.2024
Hackers stole $409 million worth of cryptocurrency in the third quarter, with an additional $3 million lost to fraud, according to a report by ImmuneFi
Wall Street Titan Guggenheim Tokenizes $20M of Commercial Paper on Ethereum
26.9.2024
Guggenheim Treasury Services, a subsidiary of financial services giant Guggenheim Partners, has issued $20 million of tokenized commercial paper on the Ethereum blockchain, its partner, blockchain platform Zeconomy, announced Thursday
U.S. Crypto Industry Will Follow a Different Path From Rest of World: BitMEX Group CEO
26.9.2024
The U.S. crypto market will "bifurcate from the rest of the world" said Stephan Lutz, CEO of crypto exchange BitMex, in an interview with CoinDesk
Curve Finance Mulls Removing TrueUSD as Collateral for Stablecoin Curve USD
26.9.2024
“crvUSD is overexposed to minor stablecoins, especially TUSD which has a dubious track record and has recently been charged by the SEC with defrauding investors,” the proposer wrote
Russian Republic Dagestan Battles Underground Crypto Mining Amid Power Outages
26.9.2024
Dagestan, a republic in Russia, is stepping up efforts to tackle illegal cryptocurrency mining due to its impact on the power grid and public safety. Underground mining operations have caused recent infrastructure damage, including a substation fire. Officials call for stricter measures to address...
Japan’s Finance Regulators to Reform Crypto Gaming Laws
26.9.2024
Japan’s financial regulator, Financial Services Agency (FSA) is reportedly determined to introduce major reforms to the nation’s crypto…
Experts Say P2E Games ‘Normalize’ Crypto in Emerging Markets
26.9.2024
Play-to-earn blockchain games are driving crypto adoption in emerging markets, particularly in Southeast Asia, Latin America, and Africa. Experts attribute this growth to their accessibility, economic opportunities, and community-building benefits. One expert believes play-to-earn games can serve...
Lawmaker Introduces Defi Bill — Calls Decentralized Finance ‘Essential to Future of Markets’
26.9.2024
Congressman Warren Davidson has introduced the Evaluating Defi Opportunities Act to foster data-driven regulations for decentralized finance (defi). He stressed the importance of safeguarding innovation and user privacy while addressing concerns over potential overregulation. This proposed study...
Saudi Arabia Leads MENA in Crypto Growth for Second Year Running
26.9.2024
Saudi Arabia has emerged as the fastest-growing crypto economy in the Middle East and North Africa (MENA) region for the second consecutive year. Unlike other MENA countries, Saudi Arabia’s and Qatar’s crypto activity primarily stems from decentralized finance platforms. The majority...
Curve Finance Proposal Eyes Reducing TUSD Exposure After SEC Settlement
25.9.2024
Curve Finance is evaluating a proposal to reduce its reliance on the stablecoin TUSD following the resolution of U.S. Securities and Exchange Commission (SEC) charges against Trusttoken Inc. and Truecoin LLC, the companies behind the dollar-pegged token. TUSD Faces Removal From Curve Finance...
PayPal Enables U.S. Business Accounts to Buy, Hold and Sell Crypto
25.9.2024
The service won't be available to New York state in the beginning
Citrea Launches Testnet to Enable Bitcoin-Based Decentralized Applications
25.9.2024
Citrea has launched its public testnet, creating a solution to allow Ethereum Virtual Machine (EVM) developers to access Bitcoin’s blockspace. The team believes this is testnet marks a significant step toward using Bitcoin as a settlement layer for decentralized applications (apps). Citrea...
Visa to Help Banks Issue Fiat-Backed Tokens on Ethereum Via New Tokenized Asset Platform
25.9.2024
Visa Tokenized Asset Platform (VTAP) will enable the development of fiat-backed tokens powered by smart contracts
Blackrock’s Bitcoin and Ether ETFs Lead Inflows Amidst Strong Trading Day
25.9.2024
According to the latest numbers, U.S. spot bitcoin exchange-traded funds (ETFs) raked in $135.95 million in inflows on Tuesday. Meanwhile, spot ether ETFs were not left behind, attracting $62.51 million in new capital. U.S. Bitcoin ETFs Reap $135M Inflows, Ether Funds Close Behind with $62M It...