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Blockchain.com scores payment license from Singapore central bank
8.8.2023
The crypto exchange is the 12th to receive a crypto-dealing license in the country allowing it to service accredited investors and institutions
BlackRock’s misguided effort to create ‘Crypto for Dummies’
8.8.2023
Crypto doesn’t need BlackRock’s Bitcoin ETF. It undermines the basic tenets of cryptocurrency — from banking the unbanked to reducing global oppression
Web3 Utility Coin LPX Raises $1.2 Million in Funding for AI Trading Analytics Platform – Here's What You Need to Know
7.8.2023
Web3 represents the new age of internet technology where everything is decentralized. Unlike traditional internet services where a few companies control data, Web3 allows people to own and control their data. ...
Read More: Web3 Utility Coin LPX Raises $1.2 Million in Funding for AI Trading...
Best Crypto to Buy Now 7 August – XDC Network, Kaspa, Algorand
7.8.2023
PayPal, the global payments giant, continued its journey into the cryptocurrency space with the launch of its own stablecoin today, PayPal USD (PYUSD).
This development marks a significant stride since PayPal's initial foray into the cryptocurrency industry in late 2020.
Given this development...
Crypto Exchange Mango’s Legal Bills Swell, a Year After Alleged $116M Heist
7.8.2023
First the blockchain-based exchange was allegedly victimized by a market manipulator, and now it's having to spend big on lawyers to pursue suits and other remedies
Cathie Wood predicts SEC simultaneously allowing multiple spot crypto ETFs: Report
7.8.2023
ARK Investment Management is one of many firms looking for ways to offer U.S. investors exposure to crypto through exchange-traded funds
Mega Dice Telegram Casino App: World’s First Crypto Casino Offering Licensed Gambling Through TG
7.8.2023
In a breakthrough for crypto casino adoption, Mega Dice is leading the way by opening the world’s first licensed crypto casino accessible via the Telegram app.
The crypto casino sector is a big business and growing in popularity because it leverages blockchain's unique transparency and trust...
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
XRP becomes the market’s best performer, but whales prefer buying DigiToads. Here’s why
7.8.2023
XRP may be dominating the market as the best performer, but an intriguing phenomenon has caught the attention of influential players: the rise of DigiToads (TOADS). Despite XRP’s impressive gains, crypto whales are turning their focus towards this unique project that promises a positive...
Crypto Exchange Listing and Delisting Announcements: August 7, 2023
7.8.2023
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know here....
Crypto Hedge Funds Grapple with Shutdowns and Lackluster Returns in 2023
7.8.2023
Crypto hedge funds have on average underperformed Bitcoin (BTC) by a significant margin in the first half of 2023, while about 13% of funds have shut down so far this year.
On average, crypto hedge funds generated a 15.2% return in the first six months of this year, well below the 83.3% that...
Crypto’s Path Forward Could Follow the Financial World's Departure From LIBOR
7.8.2023
Biggest Crypto Gainers Today on DEXTools – 科太币, Toshi, Kitty, Evil Pepe
7.8.2023
Major blue-chip crypto prices are under modest pressure on Monday, with Bitcoin (BTC) recently dipping below $29,000 once again and eyeing a retest of monthly lows, and Ether (ETH) testing the $1,800 and eyeing a retest of its 200DMA.
There doesn’t seem to be any news driving the bearish price...
Options traders bearish on ETH, investors back InQubeta as the next big thing in AI & crypto
7.8.2023
Operating in a fast-paced landscape, investors and traders constantly monitor trends and sentiments capable of influencing crypto prices. In light of this, options traders are currently bearish on Ethereum after discovering bearish signals and indicators. Their bearish concerns signal caution...
Crypto Analyst Highlights Germany's Economic Challenges and Its Surprising Implications for Crypto
7.8.2023
A weakening economy and potential recession in Germany could be positive for Bitcoin (BTC) prices, crypto analyst Marcel Pechman believes.
According to Pechman, a further fall in Germany’s gross domestic product (GDP) will likely mean that the European Central Bank (ECB) will start easing...
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)....
A Long-Awaited Crypto Tax Rule Was Written Months Ago. Why Isn’t it Proposed?
7.8.2023
Crypto investors and their brokerages are waiting for a U.S. tax rule that will completely overhaul how they report their cryptocurrency taxes, but the government isn’t offering any straight answers about its holdup even as prominent lawmakers clamor for the Treasury Department to finish the job
Telegram crypto bots gain momentum in the market: Binance Research
7.8.2023
Daily volumes of crypto trades on Telegram bots hit a record high of $10 million in July, according to a new report by Binance Research