PayPal Launches USD Stablecoin on Ethereum: One More Step Towards Crypto in Everyday Payments
PayPal introduced a stablecoin on #Ethereum with the potential to greatly enhance the role of crypto in payments globally. (Image source) PayPal has launched a PayPal USD ($PYUSD) stablecoin in partnership with Paxos. @Paxos is the issuer of $USDP and $BUSD, and...
Huobi Rumors and Facts: Investigations, Solvency Concerns, and Binance’s Strategic Moves
Crypto exchange Huobi experienced significant outflows worth $64 million during the weekend amid rumors regarding investigations conducted by Chinese authorities into its...
On the Brink of Another Market Contagion
U.S. Department of Justice officials are considering fraud charges against @Binance. Still, they are cautious about the potential consequences, fearing it...
SEC ‘Recommended’ Coinbase to Delist Everything Except Bitcoin – Informal but Telling
The Financial Times reported earlier this week that SEC staff had “recommended” Coinbase to suspend trading in all assets except bitcoin before...
New US National Defense Bill: How It Affects Crypto
The United States Senate passed the 2024 National Defense Authorization Act (NDAA) on Thursday. The bill contains a provision targeting crypto mixers,...