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PayPal stablecoin launch sparks wave of fake PYUSD tokens
8.8.2023
Nearly 30 fake PYUSD tokens cropped up in the wake of PayPal’s most recent announcement
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
I Have 1M Questions About the PayPal Stablecoin. Here Are 5
7.8.2023
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...
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...
Breaking: Paypal launches stablecoin for payment
7.8.2023
Payment processing giant PayPal started crypto payments in March 2021 and since then has been actively involved in the crypto payment sector
Binance sold USDC for another stablecoin — Coinbase CEO
7.8.2023
Binance has been experimenting with relatively lesser-known stablecoins after a pause on BUSD
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
Huobi's Stablecoin Reserves Down 30% Amid Reports of Executive Arrests
7.8.2023
Data from Nansen.ai shows that users have withdrawn $44.8 million in stablecoins during the last week
Class Action Lawsuit Against Tether, Bitfinex Dismissed
5.8.2023
A class action lawsuit filed against cryptocurrency firms Tether and Bitfinex was dismissed Friday by a federal judge in New York. The judge ruled the complaint lacked plausible claims of injury and failed to show that Tether’s stablecoin USDT had diminished in value. Judge Dismisses Market...
Reports Suggest 11th-Largest Bitcoin Wallet Belongs to Stablecoin Giant Tether
5.8.2023
A 21.co research analyst has disclosed that Tether, the company behind the world’s most prominent stablecoin by market capitalization, could potentially hold the 11th-largest bitcoin (BTC) address. Additionally, an individual familiar with the matter has verified to The Block that said...
Today in Crypto: Bank of Russia Reveals Official CBDC Logo, Revolut Shuts Down Crypto Platform for its US Customers, US DoJ Asks Sam Bankman-Fried's 'Bail be Revoked and Defendant be Detained'
4.8.2023
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: Bank of Russia Reveals Official CBDC Logo, Revolut Shuts Down Crypto Platform for its US Customers, US...
Tether (USDT) Loses 1:1 to US Dollar Amid Heightened Sell Pressure in Curve’s 3pool
4.8.2023
Tether (USDT), the USD-pegged stablecoin issued by web3/fin tech company Tether, fell slightly below its 1:1 peg against the US dollar on Thursday on decentralized exchange (DEX) Curve Finance, pushing the DEX’s main stablecoin liquidity pool (Curve 3pool) into imbalance.
USDT fell as low as 0.998...
Curve's crvUSD depegs as market reacts to shock events
3.8.2023
The decentralized stablecoin is facing its first stress test since it was released in May, putting its PegKeeper algorithm to work
Binance Boosts First Digital's Stablecoin With Zero Fees to Buy and Sell Bitcoin, Ether
3.8.2023
The crypto exchange listed the Hong Kong-regulated First Digital's FDUSD stablecoin last week
Latin American Crypto Company Ripio Launches U.S. Dollar-Pegged Stablecoin
3.8.2023
The cryptocurrency is hosted on LaChain, a recently started blockchain focused on the region
Stablecoin Bill's Failure Reflects Deepening Political Divide in Crypto
3.8.2023
The passing of a much-discussed stablecoin bill last week in the House Financial Services Committee revealed just how deep the political divide in Washington has become, a recent Fortune Crypto newsletter said.
The bill, which was close to getting bipartisan support after negotiations between...