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Documents reveal $500k in Ethereum for Donald Trump

14.8.2023
Donald Trump is likely to run for the post of US President in the upcoming election for the White House. Elections are set to happen in 2024, exactly the next year and 4 years after Donald Trump lost his seat to Joe Biden. There are many political aspects to the 2024 elections, but the one …

CVP NoLimit Fund I bags $50 million in funds

14.8.2023
CVP NoLimit Fund I has reportedly bagged a fund worth $50 million from its investors. This is the fund round, with more to follow in the days to come. CVP NoLimit Fund is a joint venture between ClearVue Partners and NoLimit Holdings. Funds raised from the first round will be directed...

Zunami Protocol confirms losing $2.1m after price manipulation

14.8.2023
Zunami Protocol recently confirmed a price manipulation attack costing the platform over 2.1 million dollars. The DeFi protocol stated that its LP (liquidity pool) on Curve Finance was attacked this weekend. Ironblocks and PeckShield, two blockchain security firms, were the first to report...

InQubeta thrives in presale amid Bitcoin’s sub-$30k performance, wooing institutional interest

13.8.2023
While Bitcoin (BTC) prices have failed to hold above the $30k mark multiple times this year, InQubeta (QUBE) has raised over $2.1 million in token sales despite how bearish cryptocurrency markets have been. Even institutional investors are starting to monitor the project’s market-defying...

CEO of Binance lambasts Tether, DigiToads poised to shatter $7M presale barrier

12.8.2023
In a recent “ask me anything” session, Changpeng “CZ” Zhao, CEO of Binance— the world’s leading cryptocurrency exchange—expressed his apprehensions about the viability of centralized and algorithmic stablecoins, particularly highlighting the opacity surrounding Tether...

Matter Labs CEO dismisses Polygon’s allegations, InQubeta presale breaks through $2M

11.8.2023
The majority of the crypto landscape is open-source, shaping innovative projects’ development and trajectory. Nevertheless, issues regarding attribution are often raised. In recent developments, headlines have been dominated by an exchange between Alex Gluchowski, the CEO of Matter Labs,...

PayPal’s Stablecoin Unlikely to See Significant Adoption in the Near Term: Bank of America

11.8.2023
Investors are likely indifferent to which stablecoins they hold as long as they are perceived as safe and accessible on the largest trading platforms, the report said

PayPal USD Fans Token is the Latest Crypto to Blast Up 20,000% Overnight and Crypto Experts Say This Lesser Known Crypto is Next

11.8.2023
In a slapstick shot at PayPal's recent announcement of a new stablecoin, PYUSDF has become the latest DEX launched meme token to undertake a sensational overnight rally. The spin-off coin is a tongue-in-cheek take on PayPal's new stablecoin offering, which sent waves through markets, initially...

Binance Labs announces granting $10M to Helio Protocol

11.8.2023
Binance has announced that its investment arm, Binance Labs, is granting funds worth $10 million to Helio Protocol. The objective is to support the innovation in the direction of enhancing the DeFi experience. For Binance Labs, the investment reflects its dedication to supporting projects that...

Circle preps $1B war chest to deal with market threats from PayPal and others

10.8.2023
Circle’s USDC stablecoin has dropped from $45 billion in circulation at the start of 2023 to just $26 billion as the summer winds down

Binance drops majority of USD Coin reserves — Latest USDC news

9.8.2023
This week’s episode of The Market Report explores the reasons why Binance let go of a majority of its USDC reserves and what it replaced them with

Circle Stablecoin CEO Unveils International Dominance: 70% of USDC Adoption Outside US

9.8.2023
In an August 8th tweet, Jeremy Allaire, the CEO of Circle, mentioned that approximately 70% of USD Coin (USDC) adoption originates from countries beyond the United States. Contrary to the perception of being centered in the US, he noted that much of the adoption of USDC comes from international...

USDC issuer Circle launches MPC wallet beta for Ethereum, Polygon, Avalanche

8.8.2023
The stablecoin issuer launched a service and API that allows developers to create customized wallets for their users

Paxos Has Other 'White Label' Stablecoin Opportunities in the Works in Addition to PayPal USD

8.8.2023
Crypto infrastructure provider Paxos Trust is already working on other stablecoin projects similar to PayPal’s new PYUSD, said Paxos’ head of strategy Walter Hessert on CoinDesk TV on Tuesday

Coinbase announces buying back a portion of $1 billion bonds at a premium

8.8.2023
Coinbase has stated that it is going to buy back a portion of its $1 billion bond at a premium. The condition is that the interested investors should avail the offer by August 18, 2023. Those who will get a premium of 64.5 cents on every dollar. The amount received will be in proportion to …

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...