TL;DR PayPal introduces its stablecoin, PYUSD, on Solana, speeding up and reducing transactions. Solana, famous for its speed and low costs, stands as the optimal choice for PYUSD. Users can manage PYUSD from PayPal and Venmo wallets, with the flexibility to transfer to Ethereum or Solana. PayPal has taken a significant step into the world […]

Mt. Gox, the defunct Bitcoin (BTC) exchange that suffered a major collapse in 2014 has recently initiated payout distribution to creditors waiting for it.  The release of a substantial amount of BTC, equivalent to $9.4 billion, on May 27th has raised concerns about potential market liquidity and price stability. In response, the on-chain market intelligence […]

Bitcoin’s price remains just shy of its all-time high, exhibiting consolidation as long-term investors start to re-accumulate coins for the first time since December 2023.  This renewed interest among holders suggests a bullish sentiment building in the market. Additionally, the TD Sequential indicator has presented a buy signal on the Bitcoin hourly chart, indicating the […]

Ouinex, a blockchain firm led by FX industry veteran Ilies Larbi, announced today (Wednesday) its partnership with United Fintech-backed Netdania to launch a cryptocurrency trading platform. Enhancing Crypto Exchange’s Capability According to the press release shared with Finance Magnates, Netdania will provide the interface for the cryptocurrency exchange, while Ouinex will strengthen it with its […]

The government department outlined potential concerns with the NFT market, including terrorist financing, theft, and funding nuclear proliferation.

Payments platform Ripple is once again donating millions of dollars to a crypto super PAC as the 2024 US election approaches. According to a new press release, Ripple is doubling up its $25 million contribution to Fairshake, a federal super PAC dedicated to supporting pro-crypto candidates during the election. “This investment is in addition to […]

The upcoming spot Ethereum (ETH) exchange-traded funds could initially put selling pressure on the second-largest crypto asset by market cap, according to the market intelligence firm Kaiko. Last week, the U.S. Securities and Exchange Commission (SEC) approved the listing of spot market Ethereum ETFs, paving the way for the products to start trading on US stock exchanges. […]

Wisdom Tree announced the listing of physically backed Bitcoin and Ethereum ETPs on the London Stock Exchange. The funds offer a low management expense ratio of 0.35% and are designed for institutional investors across several countries. Increased European interest in crypto ETPs is linked to recent US regulatory approvals and competitive fee structures. The institutional […]

Wall Street, once wary of crypto’s threat to the traditional financial system, now sees it as an opportunity due to its immense growth and mainstream acceptance. Politicians have shifted their stance on crypto, moving from opposition to support, influenced by its popularity among voters and potential electoral impacts. Both sectors are advocating for further integration […]

Gemini’s bankrupt crypto lending arm has successfully recovered virtually all of its customers’ digital assets, marking one of the most successful industry recoveries from insolvency to date. The crypto exchange, founded by billionaire entrepreneurs Cameron and Tyler Winklevoss, announced on Wednesday that Gemini Earn customers had “received $2.18 billion of their digital assets in kind.” […]

Cryptocurrency price on May 29 quick take: The global market cap rose to $2.58 trillion.

Blocksquare, a real estate tokenization protocol, has announced that it has tokenized $100 million in properties across various sectors. The team believes this marks a significant advancement in the digital real estate market, facilitated by the launch of their new decentralized finance (defi) platform, Oceanpoint v0.5. From Hotels to Healthcare: Blocksquare Tokenizes $100 Million in […]

Bitcoin ETPs from WisdomTree and 21Shares have started trading on the London Stock Exchange

Mastercard has launched its Mastercard Crypto Credential, enabling its “first peer-to-peer (P2P) pilot transactions” using aliases instead of long and complex blockchain addresses. This new system aims to simplify cryptocurrency transactions for exchange users, offering a more user-friendly approach. Mastercard Crypto Credential verifies interactions among consumers and businesses using blockchain networks, ensuring users meet a set […]

Cardano (ADA) corrected gains and tested the $0.4520 support zone. ADA must stay above the $0.450 support to start a fresh upward move. ADA price is struggling to gain bullish momentum above the $0.4750 zone. The price is trading below $0.460 and the 100-hourly simple moving average. There was a break above a connecting bearish […]

TL;DR HTX’s Milestone: HTX, previously Huobi, has surpassed Coinbase with a daily spot trading volume of approximately $2.4 billion, becoming the fourth-largest crypto exchange globally. Justin Sun’s Role: Tron founder Justin Sun, serving as an advisor to HTX, announced the milestone and hinted at more growth to come for the exchange. Coinbase’s Challenges: While HTX […]

TL;DR Floki token developers have introduced a new trading bot on Telegram to facilitate token buying and selling operations. The bot will be available in mid-June, initially on the BNB network with planned integrations for Ethereum and Base in the future. The bot has the ability to identify new coins and execute orders efficiently, enhancing […]

We’re pleased to be a founding member of the industry’s first-ever Crypto Information Sharing and Analysis Center (ISAC). This not-for-profit organization will foster a collaborative approach to information sharing across the ecosystem to reduce cybersecurity exploits and improve trust in blockchain and cryptoasset technology.    “While Kraken has a proven track record for robust cybersecurity protocols, […]

The Texas State Securities Board has taken action against Arkbit Capital, issuing a cease and desist order for its involvement in alleged fraudulent crypto cloud mining activities. Led by Financial Examiner Alexis Cantrell, the board’s investigation revealed purported deceptive practices by Arkbit Capital and its associated entities. Allegations of Deceptive Practices Among the accusations, Arkbit […]

Libertarian Argentina has “enormous possibilities” under his leadership, Milei tells Sam Altman.

South Korean crypto exchange Upbit has announced the new listing of a low-cap altcoin, triggering explosive price action. In a new announcement on May 29, Upbit says they’re listing Bounce (AUCTION), a crypto project focused on blockchain-based auction technology. The project, created by Bounce.Finance, is a decentralized auction platform that allows for the swapping of […]

The level of capital flowing into the crypto space has grown by double digits since the start of the year, according to the research arm of Binance digital assets exchange. In a new report, Binance Research says that the “resurgence of markets is here” with decentralized finance (DeFi) being one of the major beneficiaries. “Notably, […]

The Ethereum (ETH) price witnessed an explosive rally over the past month, growing by over 16% as its price jumped from $2800 to above $3800. Leading experts attributed the surge to the approval of Ethereum’s ETFs by the SEC, which has attracted a huge wave of capital and inspired optimism about a sustained rally in […]

Crypto investors are always on the lookout for promising new crypto presales, as they offer an opportunity to buy tokens at a discounted price …

The EUBOF report emphasises the integration of blockchain with AI, enhancing both technologies for innovative applications in sectors like healthcare and finance. It recognises the potential of decentralised AI networks supported by blockchain to mitigate monopoly risks and improve the efficiency of smart contracts. The report also marks ongoing growth in decentralised finance and urges […]

[PRESS RELEASE – London, United Kingdom, May 29th, 2024] Memeinator the viral new meme coin, continues its upward trajectory following its successful $7.7 million presale and has confirmed it will list its MMTR token today, the 29th of May, at 3 PM UTC on both MEXC and Uniswap. MEXC, popular among both novice traders and […]

Payments giant Paypal has made Paypal USD (PYUSD) available on the Solana blockchain, making the stablecoin “faster and cheaper to use.” Platforms like Crypto.com, Phantom, and Paxos are among the first to offer PYUSD on Solana, alongside Paypal and Venmo wallets. Paypal Makes PYUSD Available on Solana Blockchain Paypal Holdings Inc. (Nasdaq: PYPL) announced at […]

Will this be the year of accelerating corporate Bitcoin adoption?

In a world where “talent is everywhere, opportunity is not,” the existing fiat monetary system perpetuates the divide between those with access and resources those without. Even in democratic societies, which have their own flaws, people generally enjoy stable currencies, freedom, and rule of law. These features create an environment rich with opportunities, where a […]

As a recent Messari report outlined, the XRP Ledger (XRPL) showcased notable progress during the first quarter of 2024. The decentralized public blockchain, which facilitates the transfer of XRP, fiat currencies, and other digital assets, has demonstrated substantial activity. XRP Ledger Burn Rate Slows Amid Low Fees During Q1 2024, XRP, the native token of […]

Mark Mordi, Gambaryan’s legal representative, notified the court on May 22 that his client had been unwell since the previous trial date and was still experiencing health problems.

Circle, a global financial technology firm and issuer of the regulated stablecoin USDC, has disclosed its official entry into the Brazilian market. This strategic manoeuvre aims to offer USD-backed digital currency and infrastructure to a region known for its burgeoning fintech landscape. Collaborating with key local enterprises like BTG Pactual and Nubank, Circle intends to […]