Genesis Global secures court approval for $3B payout

Caroline Ellison, the star witness in the Sam Bankman-Fried criminal trial, testified that SBF tried to use identities linked to Thai sex workers to unfreeze funds before bribing Chinese officials for millions. 90 Total views 3 Total shares Caroline Ellison, the former romantic partner of embattled FTX founder Sam “SBF” Bankman-Fried and former CEO of

PayPal reportedly plans to introduce crypto trading through a new brokerage service offered by United States stablecoin operator Paxos. 293 Total views 9 Total shares Digital payments giant PayPal reportedly plans to facilitate cryptocurrency trading through a new partnership with stablecoin operator Paxos.Industry news outlet Coindesk reported on July 20 that PayPal plans to introduce…

Synthetix faces fierce competition on the DeFi-oriented layer 2. 

Despite the FUD around stablecoins, the percentage of stablecoins in the total market cap has been growing recently, hitting new all-time highs. 95 Total views 3 Total shares The rapid surge in share of stablecoins like Tether (USDT) in the cryptocurrency market may point to an upcoming crypto upside, according to analysts at the American…

Earlier today, India’s Supreme Court delivered its verdict in a landmark case for cryptocurrency in the country. A bench of three justices ruled that the Reserve Bank of India’s (RBI) ban on banks’ services to crypto-related firms was unconstitutional.Kashif Raza — co-founder of the Indian crypto regulatory news and analysis platform Crypto Kanoon, which first broke…

Patrick McHenry implied that for the U.S. to regulate stablecoins with a “single regulator at the federal level” would likely not be a success. 61 Total views 1 Total shares Whether regulations on stablecoins and digital assets should be addressed at the state or federal level was the topic of discussion among at least two…

The US Federal Reserve is expected to begin lowering its benchmark interest rate in September.