Monthly Archives: September 2023

PayPal launched its U.S. dollar-backed, Ethereum-built stablecoin in August 2023. 94 Total views 1 Total shares Singapore-based exchange Crypto.com has teamed up with PayPal and Paxos to become a preferred platform for PayPal USD (PYUSD). According to a press release from Sept. 28, Crypto.com currently possesses the deepest liquidity for PYUSD trading pairs globally. The exchange

Project Mariana was developed under the aegis of the Bank for International Settlements. 256 Total views 1 Total shares The Bank for International Settlements (BIS) and the central banks of France, Singapore and Switzerland concluded a joint test of the cross-border trading and settlement of wholesale central bank digital currencies (CBDCs). The Banque de France

Stout Risius Ross, the valuation advisor for Celsius Network, confirmed the accuracy of the bankrupt firm’s valuation report. 292 Total views 2 Total shares Joel E. Cohen, a mathematician and biologist representing Celsius Network’s valuation adviser, Stout Risius Ross, confirmed the accuracy of the fair value of certain of the debtors’ assets and liabilities as

According to the central bank’s data, from January to August 2023, imports of crypto rose by 44.2% compared with the same period in 2022. 91 Total views 2 Total shares The governor of Banco Central do Brasil, Brazil’s central bank, said the bank has noted a significant surge in crypto adoption in the country and

Bitcoin (BTC) is still in a bullish reversal when looking at this year's price chart. BTC price has gained 70% after bottoming out at around $16,800 in November 2022, defying rate hike fears while riding on growing ETF approval optimism. However, in recent months, Bitcoin bulls have failed to sustain BTC price above $30,000. Therefore, with the