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Crypto Brokerage Blockchain.com Receives Institution License From Singapore
8.8.2023
The company had received an in-principle approval from the Monetary Authority of Singapore last year
Bitcoin, Ethereum Technical Analysis: BTC Nears 1-Week High, as Paypal Launches USD Stablecoin
8.8.2023
Bitcoin rebounded on Tuesday, following the news that Paypal was launching a USD stablecoin on the ethereum blockchain. The company hopes the move will bridge the gap between fiat and cryptocurrencies for all of its stakeholders. Ethereum was marginally higher today. Bitcoin Bitcoin (BTC) was back...
Polyhedra Network & Lagrange Labs collab for optimistic rollups
8.8.2023
Polyhedra Network has announced its partnership with Lagrange Labs. The objective of the partnership is to solve zkBridging for optimistic rollups. Interestingly, this marks the first instance of both of them coming together to enable zkBridging with the offering of instance finality of optimistic...
Cardano Price Prediction as Blockchain Transactions Surge Up Nearly 50% in 3 Months – Are Whales Moving to Cardano?
8.8.2023
The price of Cardano (ADA) has dropped by 0.5% in the past 24 hours, with its slide to $0.290402 also representing a 5% loss in the last seven days.
This weekly fall comes amid a difficult period for the wider cryptocurrency market, which has recently been undermined by negativity surrounding...
Crypto Exchange Bitstamp to Expand Operations with New Fundraising Plan
8.8.2023
Bitstamp, an early crypto exchange founded in 2011, is reportedly planning fresh fundraising “through strategic investors” to gear up the exchange’s growth and operations.
Speaking to Bloomberg, Jean-Baptiste Graftieaux, CEO of Bitstamp said that the exchange is “not for sale.” He said that...
Cypher Protocol Loses $1 Million in Blockchain Exploit – Here's What Happened
8.8.2023
Solana-based decentralized exchange Cypher Protocol halted its smart contract following an exploit that saw an estimated $1 million stolen.
On the evening of August 7 (UTC), Cypher confirmed that there had been a security incident, saying that the team was investigating it, but without providing...
TBOT Token is Up 10,000% in 24 Hours But Blockchain Experts Say It Has a Hidden 100% Tax Function – Here's What They're Stacking Instead
8.8.2023
As hype around telegram trading bots such as Unibot continuesd to grow, Turbobot token (TBOT) has been the latest straight-to-DEX product launch to undertake a sensational skyrocket price move.
Launched on August 7, Turbobot token gained explosive growth after igniting a flood of volume which...
Monetary Authority of Singapore Grants Payment License to Crypto Exchange Blockchain.com
8.8.2023
Crypto exchange Blockchain.com announced Monday that it received a major payment institution (MPI) license from the Monetary Authority of Singapore (MAS) on August 1.
The announcement follows Blockchain.com receiving its in-principle approval from Singapore’s central bank in October last year....
Blockchain.com scores payment license from Singapore central bank
8.8.2023
The crypto exchange is the 12th to receive a crypto-dealing license in the country allowing it to service accredited investors and institutions
Crypto Hedge Funds Grapple with Shutdowns and Lackluster Returns in 2023
7.8.2023
Crypto hedge funds have on average underperformed Bitcoin (BTC) by a significant margin in the first half of 2023, while about 13% of funds have shut down so far this year.
On average, crypto hedge funds generated a 15.2% return in the first six months of this year, well below the 83.3% that...
UAE signs deal to develop carbon credit system on Venom Foundation blockchain
7.8.2023
The UAE recently announced that it intends to reduce carbon emissions by 40% by 2030, a marked increase over its previous pledge
Paypal’s New Stablecoin Sparks Confusion: Wave of Counterfeit Tokens Flood Decentralized Exchanges
7.8.2023
Following the announcement by Paypal of the introduction of a novel stablecoin asset named PYUSD, a wave of counterfeit Paypal tokens has emerged on decentralized exchange (dex) platforms, including Uniswap. The absence of an official release of PYUSD’s token address by Paypal or Paxos...
Global Payment Firm PayPal Launches Crypto Stablecoin – How Does it Work?
7.8.2023
Global digital payments giant PayPal Holdings Inc. is stepping into the stablecoin market.
The fintech behemoth, which was founded more than 25 years ago, is set to become the first major financial institution to launch its own US dollar-backed stablecoin, which will be called PayPal USD (PYUSD)....
Payments Giant Paypal Launches Dollar-Backed Stablecoin PYUSD
7.8.2023
Paypal has introduced its own stablecoin, representing the first venture of its kind by a leading financial firm. Initially reported by Bloomberg, the launch could notably accelerate the slow integration of cryptocurrencies for payment purposes. A New Era for Paypal: Introduction of PYUSD...
UK Set To Expand Its National Crypto Crime Unit As Organized Blockchain Fraud Surges
7.8.2023
The United Kingdom’s National Crime Agency (NCA) is set to increase its cryptocurrency fraud investigation unit as part of wider plans to halt the increase in financial crimes.
The new move will see the agency hire four new senior investigators to join the financial crime unit to tackle all forms...
JD Sports Teams Up With ZERO10 To Offer Virtual Fitting Of Nike Collection In Stores
7.8.2023
AR try-on store, Zero10 has announced its recent partnership with JD Sports to animate the new Need It Now Collection, a new release by Nike in collaboration with JD Sports.
Zero10 will deploy its AR Mirrors to allow users to virtually try on each outfit with advanced features and design...
Miami Mayor Francis Suarez Embraces Bitcoin Donations for Presidential Bid
7.8.2023
Miami Mayor Francis Suarez, a vocal crypto advocate, announced that his Presidential campaign is officially accepting donations in the leading cryptocurrency Bitcoin (BTC).
In an interview, the Miami Mayor said, “officially, my campaign is accepting Bitcoin.” The announcement aligns with...
Curve Finance Offers Public Bounty of $1.85 Million to Identify Hacker
7.8.2023
Curve Finance, the troubled DeFi platform that lost over $60 million last week in an exploit, has announced a bounty of $1.85 million to anyone who can identify the exploiter.
In a Tweet Monday, the DeFi protocol noted that the deadline for the “voluntary return of funds” in the Curve Finance...
Cardano Blockchain Transactions Jumped 49% Last Quarter as ADA Sentiment Grew
7.8.2023
Blockchain load – a measure of how much data is contained in blocks over a certain period – rose to 50% in the second quarter from under 40% in the first. It peaked at 81% in May
Everything to know about Shib SSI, Shiba Inu’s Layer2 solution
7.8.2023
Shiba Inu users are set to witness a busy month with the altcoin prepared to make multiple launches. According to a previous notice by Shiba Inu, the Ethereum-based altcoin will launch the Shibarium mainnet in August. While users were primarily excited about the much-anticipated mainnet, Shiba...