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Russia’s Yuan Shift: EBRD Economist Warns of Waning US Dollar Dominance
28.9.2023
In a recent interview, the European Bank for Reconstruction and Development’s (EBRD) chief economist, Beata Javorcik, highlighted a notable trend: Russia’s growing inclination to transact in the Chinese yuan. This shift, the economist emphasized, could challenge the dominance of...
PayPal applies for NFT marketplace patent for on-chain or off-chain asset trading
28.9.2023
PayPal’s proposed NFT purchase and transfer system would handle fractionalization, DAOs and royalties through a third-party provider
Crypto.com, PayPal and Paxos Partner for PayPal USD Integration – Here's What You Need to Know
28.9.2023
Payments and cryptocurrency exchange Crypto.com is integrating PayPal USD (PYUSD) establishing it as a ‘preferred’ exchange for the stablecoin.
The exchange announced Thursday, a partnership with payments giant PayPal and blockchain infrastructure company Paxos to further “the global adoption...
Crypto.com to become preferred exchange for PayPal USD
28.9.2023
PayPal launched its U.S. dollar-backed, Ethereum-built stablecoin in August 2023
$SEI integrates with Alchemy Pay’s fiat crypto on-ramp
26.9.2023
Sei Network’s $SEI has integrated with the fiat on-ramp solution of Alchemy Pay. This means that Sei Network now has access to the convenient onboarding process, which is likely to help the team make the SEI purchase phase seamless. Users will be able to purchase the token through a fiat payment...
Mixin Network suffers a $200 million hack attack
25.9.2023
Mixin Network has suffered a hack attack, draining funds worth $200 million. The community has received confirmation of the news from Mixin Network on X, formerly Twitter, informing them that the decentralized wallet service has temporarily suspended deposit and withdrawal services. They...
Terra Classic Community Votes to Stop USTC Minting as Revival Efforts Continue
25.9.2023
TerraUSD Classic, the stablecoin at the center of Terra’s implosion, will no longer be minted
Tether approves $1 billion USDT boost for Tron network’s liquidity
25.9.2023
Considering a monumental move in full swing to support and strengthen the Tron network’s liquidity, Tether, the predominant stablecoin provider, approves $1 billion USDT. This vital collaboration between Tether and Tron is expected to redefine and turn around the cryptocurrency landscape....
Terra Classic Votes to Halt USTC Minting; Community Eyes Future Re-Peg
24.9.2023
Following a decisive vote by the Terra Classic community, an initiative to halt the creation of the previously termed stablecoin, terra usd (commonly referred to as UST or USTC), has been approved. Despite 40.56% opposition, 59.42% of the vote gave the nod for the software update. Minting Freeze...
Mark Cuban Hacked for $870K in Crypto, Economist Warns of ‘Tragic Ending’ for USD — Week in Review
24.9.2023
Dallas Mavericks owner Mark Cuban sees his Metamask crypto wallet hacked, Peter Schiff says “day of reckoning is at hand” for dollar and U.S. economy, and the crypto community shows skepticism about rumors of Blackrock pivoting to XRP. This and more in the latest Bitcoin.com News Week...
Newly launched Telegram Casino token $TGC raises $150,000 in 24 hours
22.9.2023
Crypto whales are flocking to the newly launched TG.Casino ($TGC) presale, pushing the fundraising beyond $150,000 in a matter of minutes. The project is a Telegram-powered casino that’s causing a stir as it provides a groundbreaking revenue-sharing model that integrates a deflationary...
Will BitTorrent crypto reach $1?
22.9.2023
In this article, we’ll examine some key developments affecting the price trajectory of BitTorrent and explore whether it might eventually reach a price level near that holy grail number of $1. While there are no guarantees in anything crypto-related, understanding the underlying factors...
Bitcoin, Ethereum Technical Analysis: ETH Hits 1-Week Low, BTC Extends Declines on USD Strength
21.9.2023
Bitcoin fell below the $27,000 level on Thursday, as markets reacted to the latest Federal Reserve interest rate decision. As expected, the Fed opted to keep rates unchanged at 5.5%, whilst hinting at one additional raise in the current cycle. The dollar strengthened across the board following...
Solana is on the move: Can SOL hit $200 again?
21.9.2023
Solana (SOL) has been making waves in the world of cryptocurrencies, and former Goldman Sachs executive Raoul Pal is optimistic about the development. What makes Solana stand out? Well, Pal praises the co-founder, Anatoly Yakovenko (Toly), for his growing influence in the crypto world...
PayPal USD is now accessible on Venmo
21.9.2023
PayPal USD (PYUSD), which is an on-chain, licensed, and dollar-denominated stablecoin of PayPal, is now readily accessible on Venmo. PayPal USD is fully supported by U.S. dollar deposits, as well as lesser-period U.S. Treasury bonds and cash. A short while back, PayPal had spoken about the release...
Maxine Waters Slams Republican Bill Hindering U.S. Progress on CBDC
20.9.2023
The U.S. House Financial Services Committee is currently a battleground for discussions concerning the possible launch of a Central Bank Digital Currency (CBDC) by the Federal Reserve.
Today, Maxine Waters, a Democratic representative from California, sharply criticized a bill reintroduced...
Wormhole integrates native USDC transfers for four blockchain networks
20.9.2023
Wormhole integrated with Circle’s Cross-Chain Transfer Protocol, allowing USDC to be sent between Ethereum, Avalanche, Arbitrum and Optimism
Everlodge’s $250k triumph: Stellar & Compound watchers set sights on presale surge
20.9.2023
Everlodge (ELDG) is making waves in the cryptocurrency market with its recent triumph of $250k. This promising rise has caught the attention of both Stellar (XLM) and Compound (COMP) watchers, who are closely monitoring its progress through the presale stage. Let’s jump into the details...
Circle launches USDC stablecoin on Polkadot Asset Hub
19.9.2023
Polkadot USDC users should not deposit XCM-transferred USDC from non-Polkadot Asset Hub parachains, Circle has warned
When will BitTorrent crypto hit $10? Experts spill the beans!
15.9.2023
The crypto market has been on a rollercoaster for a couple of years. Now that the domain is gaining stability, traders are turning their eyes to assets that can quickly produce massive profits. BitTorrent or BTT is one such crypto that can help traders cover their losses quickly. Since its launch...