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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...
Bitcoin’s Rollercoaster Year: A 29% Gain From August 2022 to 2023 Despite Recent Dips
4.8.2023
Over the past 30 days, bitcoin has dipped by 5%, yet the leading cryptocurrency has seen a gain of 29.05% from August 3, 2022 to August 3, 2023. Moreover, BTC’s value in 2023 alone has surged more than 75% against the U.S. dollar, standing at $5,800 above the crypto asset’s mean...
Explore El Salvador: Gofaizen & Sherle Launches New Crypto License Service
1.8.2023
PRESS RELEASE. Tallinn, July 31 – Gofaizen and Sherle, the leading Estonian crypto and fintech consultancy, proudly announces the launch of its latest product in El Salvador. The innovative service offers crypto companies and startup owners worldwide a comprehensive and streamlined solution...
South Africa’s Foreign Minister Hints at Expansion of BRICS Bloc With 3 New Members
27.7.2023
In a recent interview published on July 26, South Africa’s foreign minister Naledi Pandor highlighted the BRICS group of economies’ commitment to peace, asserting that these nations do not aim to “weaponize the oceans.” Moreover, leading up to the much-anticipated 15th BRICS...
Binance to Restore Full Services in Japan in August, CZ Unveils
27.7.2023
Cryptocurrency exchange Binance will start offering full services in Japan next month, founder Changpeng Zhao (CZ) announced. The leading trading venue for digital assets reenters the Japanese market with a domestic exchange after announcing earlier it was discontinuing services through its global...
Robert Kennedy Jr Reveals BTC Investment for His Children, Insists Bitcoin ‘Threatens the Monopoly on Money’
27.7.2023
During a Twitter Spaces event on Wednesday, Robert F. Kennedy Jr., a Democratic U.S. presidential contender, revealed that he acquired 14 bitcoin for his children. This announcement comes on the heels of financial documents filed on June 30, 2023, which indicated his ownership of the leading...
Binance Introduces FDUSD Listing Amid Stablecoin Market Decline, Faces Initial ‘Technical’ Setback
26.7.2023
As the stablecoin market economy witnessed a loss exceeding $3 billion within a 40-day span, several fresh stablecoin endeavors are emerging. Binance, the globe’s leading exchange by trade volume, unveiled three new trading pairs attached to a stablecoin labeled first digital usd (FDUSD)...
Global Crypto ATM Resurgence: Net Growth Rebounds After Initial 2023 Slump
26.7.2023
In the wake of over 5,000 crypto ATMs being taken out of service during the initial four months of 2023, the past four months have witnessed a resurgence in global crypto ATM installations. Crypto ATM Landscape Rebounds After Downturn Ever since the debut of the first bitcoin ATM in Vancouver...
Stablecoin Economy Sees $3 Billion Drop: Leading USD Tokens Shrink as Euro-Anchored Projects Display Resilience
25.7.2023
The stablecoin economy continues to shrink, with more than $3 billion in value removed from today’s top stablecoin valuations in less than 40 days. The dollar-pegged tokens USDP and GUSD experienced the largest 30-day reductions, shedding 45.1% and 27.2%, respectively. Top Stablecoins...
Meme Coin Economy Grows by $759M in 30 Days: DOGE and SHIB Still Dominate the Market
23.7.2023
The top meme cryptocurrency assets, as ranked by market capitalization, have increased in value by $759 million over the past 30 days. Dogecoin (DOGE), leading the pack of meme coins, has risen more than 10% in the last month. Meanwhile, the second and third largest meme coins, shiba inu (SHIB)...
BitKeep (Bitget Wallet) Partners With the Solana Foundation to Drive Growth in Web3
20.7.2023
PRESS RELEASE. BitKeep, a leading multi-chain wallet, has joined forces with the Solana Foundation in an exciting collaboration aimed at promoting the growth and evolution of the blockchain landscape. This strategic partnership combines BitKeep’s robust wallet solution with Solana’s...
B2BinPay Now Offers Branded Hardware Wallets Through Collaboration With Ledger
19.7.2023
B2BinPay, a leading crypto-processing platform, has revealed a new partnership with Ledger, the global platform for digital assets. As a result of this collaboration, clients of B2BinPay will have the chance to acquire a limited-edition Ledger Nano X, which will be branded with the B2BinPay logo....
Binance Reportedly Lays Off Over 1,000 Employees, CZ Says Exchange Is Hiring
15.7.2023
Leading crypto exchange Binance has cut hundreds of jobs after a string of executive exits, according to a media report. The news, which comes as the coin trading platform marks its sixth anniversary amid increased pressure from regulators, was termed as FUD by founder Changpeng Zhao who said...
Hackvolution: BNB Chain kicks off Hackathon to Drive Innovation and Collaboration
14.7.2023
PRESS RELEASE. BNB Chain, the world’s largest smart contract blockchain in terms of daily active users, has today announced Hackvolution, its global 7-week Hackathon, starting on July 13th and running until September 1st. Hackvolution gets support from COMBO, Google Cloud, CyberConnect...
Spot Volumes Rise on Centralized Exchanges but Traffic Falls Further, Report
14.7.2023
Spot and futures trading volumes on centralized crypto exchanges (CEXs) have increased in June, a new report shows. At the same time, website traffic to major trading platforms for digital assets continued to decline, according to the study which also tracks its geographical distribution. Spot...
MoneyExpo India 2023: Bringing leading forex & stock companies together
12.7.2023
MoneyExpo India 2023, the premier finance event of the year, is delighted to announce the participation of an impressive lineup of both forex and stock companies. Taking place at the prestigious Jio Convention Centre in Mumbai, India, MoneyExpo India 2023 promises to provide attendees with...
Monero Maintains Stability Amid Crypto Market Volatility, Remains Top Privacy Token With $3B Market Cap
8.7.2023
In the last half-year, there has been a remarkable surge in the value of crypto assets such as bitcoin and ethereum. BTC has skyrocketed by 77%, while ETH has experienced an impressive 44% leap. On the other hand, the leading privacy-focused cryptocurrency, monero (XMR), has displayed a rather...
Bitcoin’s 2024 Halving Presents New Challenges: A Deep Dive Into the Future of Mining Rewards
7.7.2023
As we wrap up the initial six months of 2023, the Bitcoin network inches closer to a significant milestone — the impending block reward halving, which lies just under 300 days ahead. Projections indicate that this event is slated to take place between April 21 and 27, 2024, leading to...
Ark Invest Report Reveals 70% of Circulating Bitcoin Supply Remains Unmoved for a Year
6.7.2023
In a newly published report by the American investment management firm Ark Invest, the leading cryptocurrency, bitcoin (BTC), has found support from “strong holders and improved institutional sentiment.” Ark detailed that during the month of June, the supply of bitcoin that has...
Bitcoin Leaves Major Assets in the Dust: Surges 80% in the First Half of 2023, Soars to 12th Largest Global Asset
5.7.2023
In the first half of 2023, eye-opening statistics reveal that bitcoin (BTC), the leading cryptocurrency, demonstrated remarkable performance by surpassing various significant assets such as the Nasdaq Index, Nikkei 225 Index, Dow Jones, S&P 500, Russell 2000, spot gold, the U.S. Dollar Index...