Core Scientific trades debt for equity, reduces $260M debt load

As the crypto community’s anticipation for PayPal’s exploration into crypto grows, Pundi X has integrated the payments processor for its point-of-sale devices. 2432 Total views 34 Total shares Singapore-based blockchain firm Pundi X has integrated PayPal support for its point-of-sale device ‘Xpos.’ PayPal is the first mobile payment gateway to be integrated onto Xpos, and users…

Marathon Digital holds over $1.1 billion worth of Bitcoin after the company decided to go full ‘HODL.’

Earlier this week, new draft legislation on stablecoins came to light aimed at “endogenously collateralized stablecoins.” 330 Total views 19 Total shares There is a small chance the U.S. House of Representatives could pass the bill to regulate stablecoins by year-end, though it's more likely it will pass in the first quarter of 2023, says…

MetaMask posted a warning on its Twitter after coming across rumors of an upcoming MetaMask snapshot or airdrop on social media. 133 Total views 2 Total shares Own this piece of history Collect this article as an NFTWeb3 wallet provider MetaMask has warned its users of “false rumors” of a purported MetaMask airdrop, which appears…

The crypto market is up today, reflecting investors' optimism for eventual interest rate cuts and the DXY’s short-term weakness.

Top Stories This Week Binance suspends deposits for bridged tokens, seeks clarity from Multichain team Crypto exchange Binance suspended deposits for 10 bridged tokens following days of uncertainty surrounding the Multichain protocol. Transactions on the cross-chain protocol have been delayed over multiple bridges in the past few days, with little information from Multichain’s team about…

Investors are in no mood to sell as the number of Bitcoins held in exchange wallets “falls off a cliff” this week. Bitcoin (BTC) exchanges lost 100,000 BTC during the weekend’s price crash, data shows — and that’s a bullish sign.Figures from on-chain monitoring resource CryptoQuant on Aug. 5 tracking exchange balances show a dramatic…

It’s a different kind of Space Race. 667 Total views 10 Total shares Filecoin, a blockchain-based decentralized storage project, is officially launching its testnet- Space Race to test out the network before the mainnet launch.As promised, Filecoin will start its testnet launching competition. It encourages global miners for the next three weeks to be competing…