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Transparency Report Reveals Backing for Paypal’s PYUSD Stablecoin
14.9.2023
Paypal’s stablecoin, PYUSD, has been operational for 38 days. The token’s issuer, Paxos, has issued a transparency report related to the coin’s reserves. Much like many of today’s stablecoin industry leaders, PYUSD is supported by cash reserves and U.S. Treasury reverse...
Crypto Exchange Bybit Expected to Leave UK Market Amid Looming Regulations – What’s Going On?
14.9.2023
Digital asset exchange Bybit mulls a potential exit from the UK as new rules from the Financial Conduct Authority (FCA) swing into effect on Oct 8.
Bybit CEO Ben Zhou explained that the new marketing rules set to be enforced in a few weeks will tighten the market, possibly forcing the firm...
European Parliament Supports DAC8 Crypto Tax Rule by an Overwhelming Margin
14.9.2023
Lawmakers in the European Parliament have expressed support for the eighth iteration of the Directive on Administrative Cooperation (DAC8), a measure that introduces tax reporting requirements for crypto transactions.
During a plenary session held in Strasbourg, France, on September 13,...
Crypto Startup Ramp Adds Brazilian Central Bank's Pix as Payment Method
14.9.2023
Adding Pix builds on Ramp's expansion to the South American country, where it opened a local entity in July in a bid for broader expansion throughout Latin America
Deutsche Bank taps Taurus for global crypto custody services
14.9.2023
Deutsche Bank is set to offer customers cryptocurrency custody options through a partnership with cryptocurrency infrastructure platform Taurus
Deutsche Bank to Delve Into Crypto Custody, Tokenization With Taurus
14.9.2023
Deutsche Bank will use Taurus’s custody and tokenization technology to manage cryptocurrencies, tokenized assets and digital assets, the companies said
Binance CEO: Singapore’s Approach to Crypto Became More ‘Conservative’ Post FTX Collapse
14.9.2023
Changpeng Zhao, CEO of the world’s largest cryptocurrency exchange by trading volume Binance, said that Singapore’s approach to digital assets has become more “conservative,” particularly after the spectacular collapse of the now-defunct FTX exchange.
The top crypto influencer spoke virtually at...
How businesses can accept payments in crypto?
14.9.2023
With the dynamic shift in the global economy, businesses everywhere are exploring how to accept Bitcoin payments. With a surge in companies integrating crypto payment processing systems, notably in the US, the world is witnessing a meteoric rise in the acceptance of such payment forms. This...
Yellow Card’s Partnership With Moonpay Set to Enhance Nigerian Users’ Crypto Trading Experience
14.9.2023
Yellow Card, the Africa-focused crypto exchange, recently said it had joined forces with Moonpay in an arrangement which is expected to help “enhance the crypto purchasing experience for Nigerians by leveraging local bank transfers.” According to Uzoma James, Yellow Card’s West...
MobileCoin Appoints New CEO for Global Expansion of Crypto Payments
14.9.2023
MobileCoin, a privacy-focused payments network and the builder of Signal's crypto payments feature, has moved its chief technology officer, Sara Drakeley, into the chief executive officer position.
According to the press release, Drakeley's appointment emphasizes the company's plans to "amplify...
Between TRON’s hype, Chainlink’s utility & Domini.art’s explosive presale, Who wins?
14.9.2023
In the swirling galaxy of blockchain technology, the stars that shine brightest are often those with the most buzz or utility. TRON ($TRX) has captivated investors with its boundless hype, while Chainlink ($LINK) has become a cornerstone of decentralized finance (DeFi) by delivering robust utility....
SEC Chair Gensler: Crypto Industry Plagued by Misconduct and Legal Challenges
14.9.2023
Gary Gensler, the Chair of the Securities and Exchange Commission (SEC), has once again expressed concerns about the prevalence of compliance issues and misconduct in the crypto space.
During a recent conference hosted by Better Markets, Gensler acknowledged that while not all tokens can...
XRP, SOL Lead Slight Crypto Majors' Recovery After FTX Sell-Off Fears
14.9.2023
BTC rose 1.5% to trade over $26,100 in European morning hours on Thursday, while Ether neared $1,700 before falling to $1,650
Sui Network Integrates zkLogin Feature with Google and Facebook to Access dApps
14.9.2023
Layer 1 blockchain Sui Network has announced a Zero Knowledge Login (zkLogin) feature for users to access decentralized applications (DApps) through social media details.
The new feature will help simplify adoption for new users who are not ‘web3 savvy’ giving them full access without dealing with...
Onecoin Co-founder Karl Sebastian Greenwood Sentenced to 20 Years in Prison
14.9.2023
One of the founders of the crypto pyramid Onecoin, British and Swedish national Karl Greenwood, has been sentenced to 20 years in prison in the United States. Greenwood was the architect of the scam’s multi-level marketing structure and served as Onecoin’s global master distributor. Cryptoqueen...
Crypto Traders Grow Bearish as Aptos Plans $103M APT Token Unlock in November
14.9.2023
The collective 20 million APT to be unlocked then equates to 112% of the average daily trading volume over the prior 30 days, according to The Tie
SFC Warns Unregistered Crypto Exchange JPEX of Potential Criminal Liability
14.9.2023
The Hong Kong Securities and Futures Commission (SFC) has issued a solid warning to unregistered crypto exchange JPEX that it may face criminal charges for actively promoting its services to the Hong Kong public through influencers and over-the-counter virtual asset money changers.
The SFC also...
Crypto Miners Debate $500K Bitcoin Fee Refund to Paxos for 'Fat-Fingers' Error
14.9.2023
Miners can choose to return large fees out of goodwill, even though they do not have any obligation to do so
Crypto Security Firm Certik Warns Over 40% of Telegram Bot Tokens May be Exit Scams
14.9.2023
Crypto security firm Certik has revealed that more than 40% of Telegram Bot tokens could be exit scams.
"Our analysis shows that over 40% of Telegram Bot tokens could be exit scams," the company said in a Wednesday tweet.
Certik pointed out that these tokens have witnessed an “astronomical...
Flappy Casino: Enjoy Playing Your Favorite Slots for Real Money
14.9.2023
Flappy offers players only the best online games available and an unforgettable gaming experience at Live Casino, so you are guaranteed to be entertained to the fullest. They offer over 7500 online games including slots, roulette, blackjack and more. Their … Continued
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