PayPal’s PYUSD Stablecoin Faces Adoption Challenges.
Coinbase has recently announced it would be adding support for PayPal’s stablecoin.Less than 50,000 coins are represented in pools on decentralized exchanges.On-chain data shows that the newly launched PYUSD stablecoin…
PEPE Team Addresses 10 Trillion Fund Transfer And Recent Dump.
Pepe’s multisig wallet hacked; 16T tokens ($15M) sold. Discord within team, leaving lone member in charge.In an unexpected turn of events on August 24th, 2023, the infamous memecoin Pepe community…
Altcoins Show Positive Momentum Amidst Crypto Market Recovery Efforts
Bitcoin (BTC) price stays in the $26K range. Certain altcoins like XRP, SHIB, and LTC have exhibited gradual positive price momentum. In the aftermath of last week’s sell-off, the global…
Regulatory Worries Plunge Worldcoin (WLD) Price by 47% in a Month
WLD is now trading at $1.27 and is down 4.27% in the last 24 hours. The value of its WLD token has fallen as a result of the increased scrutiny…
Former Alameda engineer explains how SBF stole his savings.
Almost a year after the high-profile collapse of FTX and Alameda, the latter’s former engineer has come forward. A former engineer at Alameda Research made allegations against X that his…
Bitcoin is struggling to hold its price above $26,000
Bitcoin recovered a slight 0.21% in the last 24 hours. If BTC fails to break the nearest $26,300 resistance, it will fall below $25,000. Bitcoin (BTC), the world’s largest cryptocurrency,…
This August 2023 Tether will publish the Token Reserve specification.
Tether now has more tokens in Tron than Ethereum. Stablecoin giant Tether has released another transparency detailing the composition of its reserves and the blockchains on which its tokens are…
Binance’s CEO: DeFi is taking over. This is why?
Uniswap’s decentralized model is outperforming Coinbase in spot trading, reflecting a shift in the market. Coinbase’s 83% drop compared to Uniswap’s 50% drop shows decentralized strength. In a stunning turnaround,…
Western Union is partnering with Ripple to explore blockchain integration.
The company plans to use Ripple’s technology to optimize capital and settle transactions. In addition, Ripple was happy to tell the community about the trial version of xRapid. Western Union,…
Tornado Cash co-founder released on bail.
“The U.S. prosecutors’ novel legal theories have dangerous implications for all software developers,” Storm’s attorney suggested. Roman Storm, one of the co-founders of cryptocurrency mixer Tornado Cash, is currently out…