Is Elon Musk plotting the mother of all blockchains?

PYUSD is competing with rivals such as Circle’s USDC and Tether’s USDT.

Grayscale notes that long term holders are increasingly dominating the Bitcoin markets over short-term speculators, driving demand relative to supply. A new report by crypto fund manager Grayscale Investments argues that the current Bitcoin (BTC) market structure “parallels that of early 2016 before it began its historic bull run.”Grayscale predicts that demand for Bitcoin will…

The malware targets popular crypto wallets frm the likes of MetaMask, Coinbase, and Binance, on macOS operating systems. 

RBA Assistant Governor Brad Jones said the potential benefits of a retail CBDC in Australia appear modest or uncertain at present.

Swiss private bank Maerki Baumann deepens crypto push by adding crypto custody and trading services. 478 Total views 28 Total shares Maerki Baumann, an unlisted family-owned bank in Switzerland, is expanding its cryptocurrency services by introducing crypto custody and trading.Following regulatory approval from the Swiss Financial Market Advisory Authority, or FINMA, Maerki Baumann will be…

Bitcoin (BTC) faced continued selling pressure before the June 13 Wall Street open as Ether (ETH) revisited multi-year lows.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin battles for $24,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD eclipsing its ten-month lows set in mid-May.The largest cryptocurrency faced bearish triggers on multiple fronts, these coming from both within and…

The CBN considered Bitt Inc’s experience in the development of the Eastern Caribbean Central Bank’s DCash, launched in April. Barbados-based fintech firm Bitt Inc will be working as the technical partner for the Central Bank of Nigeria for its proposed e-naira digital currency.In a Monday announcement, the Central Bank of Nigeria (CBN) said it had chosen…

Blockchain payments provider BitPay has launched a Mastercard prepaid card for crypto users in the United States. The BitPay Card enables customers to convert their cryptocurrency into fiat, which can then be loaded onto the card and spent anywhere Mastercard debit is accepted.Card holders can also withdraw U.S. dollars from ATMs and make online purchases.…