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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
Bitmain, Anchorage Expected to Take Equity in Bitcoin Miner Core Scientific as Part of Bankruptcy Plan
8.8.2023
The world's largest machine maker is set to take a $54 million stake in Core Scientific as the miner emerges out of Chapter 11 proceedings
Binance Receives License to Offer Bitcoin, Digital Asset Services in El Salvador
8.8.2023
The crypto exchange said it now holds licenses to operate in 18 countries
Multicoin Backer L1 Digital Raises $152M for Second Crypto VC Fund
8.8.2023
The Swiss advisor makes direct investments in crypto projects and also backs early-stage crypto investment firms
Decentralized Insurance Alternative Nexus Mutual Provides Cover to UK Shopkeepers
8.8.2023
A partnership with InShare sees Nexus adding some of its $274 million on-chain capacity to the retail mutual insurer comprising over 5,000 shopkeepers and small retail businesses
Circle Makes Crypto Payments Easier With New Programmable Web3 Wallet for Businesses
8.8.2023
Circle’s Programmable Wallets platform is available now for developers on Ethereum, Avalanche and Polygon, with plans to expand to other blockchain later this year
Senator Calls for Audit on Palau’s Ripple-Backed Stablecoin Pilot Program
8.8.2023
Palauan senator Mark Rudimch has called for an audit of Palau’s stablecoin pilot program, launched by the country’s ministry of finance in partnership with Ripple in July. In a letter sent to the public auditor Satrunino Tewid, Rudimch reported the Palauan senate had concerns regarding...
Bitstamp Raising Funds for Asia, Europe Expansion: Bloomberg
8.8.2023
Bitstamp is one of the oldest crypto exchanges, founded in 2011
Solana-Based Cypher Protocol Experiences Exploit, Freezes Smart Contract
7.8.2023
The protocol’s contracts are now frozen as contributors attempt to make contact with hackers to negotiate a return of funds
PayPal’s Regulated Stablecoin Is a ‘Watershed Moment’ in Crypto Space, Says Partner Paxos
7.8.2023
“The difference is significant because we have a prudential regulator,” said Paxos head of strategy Walter Hessert
Crypto News Today: PayPal's Stablecoin Debut, Worldcoin's Kenyan Hurdles, and More
7.8.2023
From PayPal's entry into the stablecoin market to regulatory challenges faced by Worldcoin in Kenya, the crypto world continues to be a blend of innovation and controversy
Crypto’s Path Forward Could Follow the Financial World's Departure From LIBOR
7.8.2023
Aptos’ APT Token Slides Ahead of $30M Unlock
7.8.2023
APT has decreased by over 3.2% in the past 24 hours performing worse than bitcoin (BTC) and ether (ETH), per CoinDesk market data
Mantle Introduces New Governing Body for Treasury Management
7.8.2023
The new layer 2 network passed a governance vote that establishes the Mantle Economics Committee as well as introduces more liquid staking into the ecosystem by authorizing liquid staking protocol Mantle LSD and the allocation of 40,000 ETH from its treasury to stETH
Today in Crypto: Kenyan Police Reportedly Raided Worldcoin Warehouse, US FBI Issues Warnings About NFT Scammers, Curve Finance Offers a $1.85 Million Bounty to Identify & Convict the Hacker
7.8.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Kenyan Police Reportedly Raided Worldcoin Warehouse, US FBI Issues Warnings About NFT Scammers, Curve...
Binance's VC Arm Dominated Funding Rounds Last Week Even as Regulators Scrutinized the Crypto Exchange
7.8.2023
Binance Labs announced investments in four incubator projects and participated in a round for privacy infrastructure startup zkPass
Stablecoin Turmoil: $1.53 Billion Redeemed in a Month Amid Declining Trade Volume
7.8.2023
In the brief span from July 12, 2023 to August 6, 2023, the stablecoin economy witnessed a staggering loss exceeding $1.53 billion in value. Among the premier ten stablecoins, Pax’s pax dollar (USDP) experienced a redemption of 39% of its supply over the preceding 30 days. Unstable Times...
Michael Saylor’s Bitcoin Billions Have Rebounded Since He Exited CEO Job a Year Ago
7.8.2023
Saylor stepped down as CEO of MicroStrategy one year ago in order to focus solely on Bitcoin
Curve Finance rolls out a reward of $1.85 million to identify the attacker
7.8.2023
Curve Finance, along with other protocols, fell victim to a re-entrancy attack wherein they collectively lost more than $70 million worth of digital assets. The incident dates back to July 30, 2023, and the DeFi protocol has said that it was a software bug that was exploited by an attacker or there...
PayPal to Issue Dollar-Pegged Crypto Stablecoin Based on Ethereum
7.8.2023
The PayPal USD will be pegged to U.S. dollars and issued by Paxos Trust