Crypto platform Yield App shuts down citing FTX losses
Yield App halts operations, citing losses from FTX exposure, despite previous assurances of no significant impact.
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BIS head says physical cash still important, even if CBDCs take over
BIS Innovation Hub head Benoît Cœuré stressed the importance of maintaining multiple payment options beyond just CBDCs. 1302 Total views 17 Total shares As numerous countries across the board navigate their feelings on central bank digital currencies, or CBDCs, Benoît Cœuré, of the Bank for International Settlements thinks physical cash will retain its importance. Heading…
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Telegram Wallet bot enables in-app payments in Bitcoin, USDT and TON
The cryptocurrency payment industry continues to evolve with a new cryptocurrency payment option coming to crypto-friendly Telegram messenger.Wallet, a Telegram bot allowing users to buy and sell cryptocurrencies like Bitcoin (BTC), has launched a crypto payment solution based on The Open Network (TON) blockchain.Called Wallet Pay, the new service provides crypto payment transactions between users…
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Justin Sun says removing 12K Bitcoin from USDD is just ‘DeFi 101’
USDD’s Bitcoin collateral was removed without a vote from its DAO, but Justin Sun insists it’s a normal event in DeFi.
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Report: Stablecoins See Significant Growth in Adoption Over Recent Months
According to analysis by research firm Diar published Dec. 10, the adoption of stablecoins is growing based on the increasing number of on-chain transactions.Per Diar, four major stablecoins to date — USDC, True USD (TUSD), Paxos (PAX) and the Gemini dollar (GUSD) — have broken the $5 billion mark in on-chain transactions within the three-month…
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New agent launches on Virtuals plummet amid AI token drawdown
Originally launched on Base, the AI engine hosts popular agents but has experienced a sharp decline in new debuts.
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AirSwap Offers Up to $20,000 For Its Bug Bounty
Ethereum (ETH) decentralized exchange protocol AirSwap announced that it is running a bug bounty program with rewards up to 20,000 DAI (worth $20,000). It begins now and continues indefinitely.On Dec. 4, the AirSwap team said that the value of the bug bounty rewards will depend on the severity of the bug found, according to the…
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Bithumb Exchange to Launch Cryptocurrency Listing Committee
South Korean crypto exchange Bithumb will launch a new committee in September that will determine which cryptocurrencies can be traded on its platform.A monthly check by expertsSouth Korean news daily Yonhap News reported the formation of Bithumb’s new committee on Aug. 22. The committee, entitled the Listing Eligibility Deliberation Committee, will review the exchange’s listings…
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Nigerian judge pushes Binance exec’s bail hearing to Oct. 9
Detained in Nigeria for more than six months and with reported health problems, Tigran Gambaryan awaits a judge’s decision following another bail application.