Is PayPal’s PYUSD Stablecoin By Paxos Good, Bad Or Ugly For Crypto Industry?

The launch of PayPal USD (PYUSD) by PayPal and Paxos is welcomed by the crypto community amid traditional finance firms’ entry into the industry. However, decentralization principle of the crypto comm...

Cathie Wood predicts SEC simultaneously allows multiple spot crypto ETFs: Report

ARK Investment Management founder and CEO Cathie Wood has reportedly suggested that the United States Securities and Exchange Commission (SEC) will approve multiple spot Bitcoin exchange-traded funds,...

AUDIO up +6.05%, BTC +0.44%, Hedera Hashgraph is The Coin of The Day – Daily Market Update for Aug 08, 2023 | CoinCodex

Key highlights: The total cryptocurrency market cap decreased from $ 1.18T to $ 1.17T in the past 24 hours, representing a -0.15% change The Bitcoin price at press time is $ 29,254 after growing by 0....

Crypto Influencer Projects Bearish Momentum for BTC and XRP

BitBoy Crypto believes that Bitcoin (BTC) and Ripple (XRP) are poised to sink this month. The crypto influencer has projected a price of $25,000 and $0.5 for BTC and XRP, respectively. The influencer ...

Crypto Exchange Bitstamp Raises More Funds for Expansion

Amid all the regulatory developments across the world, crypto exchange Bitstamp is looking to expand its global footprint and is in talks to raise more funds. Jean-Baptiste Graftieaux, Bitstamp’s glob...

Crypto Exchange Bitstamp In Negotiations To Expand To Europe In Early 2024

Key Points: The cryptocurrency exchange is in talks to raise more capital to open the market. The company plans to expand into Europe, Asia, and the UK early next year. The company’s current and only ...

Top 5 Crypto News That Digital Asset Users Should Know About

There’s a lot that happens in the crypto sphere. It’s a rapidly evolving industry whose bedrock is a technology that radically changes everything. It has plenty of tokens that are emerging to take thi...

Crypto Supporters in Czech Republic Rise; Garners Visit from Buterin

A young group of crypto enthusiasts is raising awareness about DeFi and crypto in the Czech Republic. “We’re here to support the ecosystem and are open to collaborating with anyone whose ethos aligns ...

Tesla’s ‘Master of Coin’ unexpectedly leaves with £130m fortune

The 39-year-old was appointed chief financial officer in 2019 – Tesla Inc Tesla’s 39-year-old chief financial officer has left the company with a $170m (£130m) fortune after just four years in t...

Binance’s Remarkable Resilience: How China’s Crypto Ban Fueled a $90 Billion Market

Cryptocurrency offers new avenues for investment and financial inclusion. However, its meteoric rise is marred by regulatory challenges, especially in countries where authorities grapple with its pote...

Will Casper Coin Price Surge Upwards?

Casper (CSPR) has a fully diluted valuation of $468,405,293, according to the crypto data and information website Coingecko. This is a hypothetical market cap, assuming all 12 Billion CSPR tokens are ...

Here Are the Top Five Crypto Firms Securing Over $30M in Funding in July

Futureverse secures $54M for AI-powered metaverse experiences. Risc Zero secures $40M to advance zero-knowledge cryptography and verifiable software. Flashbots raises $60M to combat Ethereum MEV, whil...

Mango Markets, Crypto Exchange Atop Solana Blockchain, Sees Legal Bills Swell a Year After Alleged $116M Heist

According to the website Realms, there’s about $89 million in the Mango DAO treasury, but most of that is denominated in MNGO tokens, and the market for those might not be liquid enough to sell them q...

How Crypto Rules Delay Puts Billions in Tax Revenue at Risk

The rapid rise of cryptocurrencies has brought about a wave of innovation and financial opportunities and has presented significant challenges for governments and tax authorities worldwide. As digital...

BTC Hodlers Drive Market Surge, 97 Out Of 700+ Crypto Funds Shut Down

According to Swiss investment adviser 21e6 Capital, 97 of 700 global crypto funds closed in 2023. Bitcoin outperformed crypto funds as part of a significant January gain, followed by a March surge. Di...

Ethereum Whale Burns 2,500 ETH; Crypto Community Questions Motive ⋆ ZyCrypto

Advertisement &nbsp &nbsp An anonymous individual using the Ethereum Name Service (ENS) pseudonym “nd4.eth” recently sent a substantial 2,500 ETH, equating to roughly $4.5 million, to a burn a...

Top crypto tweets of the day – August 7th

Ethereum whale sends 2500eth to burn address after finding out his gf cheated on him BREAKING – Ethereum Whale Sends 2500ETH To Burn Address After Finding Out His GF Cheated On Him pic.twitter.com/d2Q...

Hong Kong regulator issues warning about unlicensed crypto platforms

Hong Kong’s Securities and Futures Commission issued a warning Monday about unlicensed crypto platforms “engaging in improper practices.”  The warning addresses both investors as well as the unlicense...

Top 5 ICOs of 2023 That Should Excite the Crypto Investors

Initial Coin Offerings (ICOs) have emerged as the best investment instrument for crypto users. These promising projects give investors solid chances of returns. They bring new tokens that take blockch...

PayPal Dives into Crypto Market with PYUSD Stablecoin Launch

Global payments giant PayPal (PYPL) has officially stepped into the cryptocurrency arena by launching its very own U.S. dollar-pegged stablecoin, PayPal USD (PYUSD). The announcement, made on Monday, ...

PayPal’s Regulated Stablecoin Is a ‘Watershed Moment’ in Crypto Space, Says Paxos

In terms of those rules, a big one is the removal of bankruptcy risk, Hessert said. “Customers’ assets are protected, including if Paxos were to go bankrupt – a situation we now see with a bunch...

Borroe: Dash for Crypto Top 100

SPONSORED POST* In the ever-evolving landscape of cryptocurrencies, the race to secure a spot in the coveted Top 100 is fiercely competitive. In the third quarter of this year, two contenders emerged ...

Singapore Red Cross embraces crypto donations in partnership with Triple-A

Singapore Red Cross, a renowned humanitarian organization, has taken a progressive step by incorporating cryptocurrency as an accepted form of donation. This initiative was launched on August 7 in col...

TRON’s Justin Sun’s Reassures Crypto Community That Huobi Exchange Is Solvent

In a recent development, Justin Sun, founder of popular blockchain Tron, has urged people to disregard speculations that the crypto exchange Huobi is facing severe challenges following news of the all...

Telegram crypto bots gain momentum in the market: Binance Research

Telegram bots have been increasingly emerging as a new tool to get exposure to cryptocurrency markets and a number of related services. The cumulative crypto trading volume associated with Telegram bo...

Why do crypto whales prefer DigiToads over XRP?

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, cry...

Huobi Crypto Exchange Grapples with Rumors of Insolvency Amidst Hefty Outflows

The Huobi cryptocurrency exchange has been hit with outflows totaling a staggering $64 million this past weekend, continuing a long decline in the total value locked (TVL) on the exchange to $2.5 bill...

The ‘crypto degen crowd’ has settled in on Coinbase layer-2, Base

It looks like the crypto degen crowd has found a new home: Base, Coinbase’s brand-new layer-2 network.  Since bridging over to the new Optimism-based offering was made available, total value bridged t...

What Crypto’s Future Has to Do With LIBOR’s Death

But then scandal hit with the revelation in 2012 that banks were artificially controlling the rate, including by reporting borrowing rates at levels that would benefit their swap traders, and make ban...

Hong Kong regulator warns of criminal offense by unlicensed crypto exchanges engaging in improper practices

Hong Kong’s Securities and Futures Commission (SFC) has issued a stern warning to unlicensed virtual asset trading platforms (VATPs) engaging in improper practices. The regulator has observed that som...

Crypto expert predicts one last Bitcoin dump before ‘giga pump’

Following macroeconomics correlations, the cryptocurrency analyst known as CoinsKid believes that Bitcoin (BTC) is set for one last dump to the weekly 20 EMA price zone — of around $28,000 — before it...

Dueling crypto anti-money laundering bills face off in the Senate

After months of delays due to an alleged lack of cosponsors, Sens. Elizabeth Warren, D-Mass., and Roger Marshall, R-Kan., have reintroduced their crypto anti-money laundering bill. This time, the bill...