Paxos acquires Membrane Finance for EU stablecoin expansion

Despite a 45% drop in NFT sales during Q2 2024, Web3 professionals remain optimistic about the future of non-fungible tokens.

More and more cryptocurrency addresses have been added to the United States Department of the Treasury’s list of Specially Designated Nationals, which are marked as being possibly associated with the global drug trade. According to the Kingpin Act, U.S. companies and individuals are banned from any type of commercial relationship with addresses on the list…

Solana (SOL) price extended its slide on Sept. 17 as a major network outage over the past week — pointing to heightened security risks — hit traders' confidence.The SOL/USD exchange rate fell up to 13.27% to its intraday low of $133.53 in a corrective trend that began after it topped out near $221.38 on Sept…

The market for nonfungible token, or NFT, digital artwork is taking on the traditional art industry. Within the first six months of 2021, analytics firm DappRadar recorded $2.5 billion in NFT sales, showing a major increase from the $13.7 million in sales during the same time period in 2020. Christie's auction house reported $93.2 million…

The OKX DEX suffered an exploit resulting in a loss of around $2.7 million in cryptocurrencies after a proxy admin upgraded a contract that allowed a hacker to compromise the private key. OKX decentralized exchange (DEX) suffered a $2.7 million hack on Dec. 13 after the private key of the proxy admin owner was reported

The Lummis-Gillibrand Payment Stablecoin Act is a step in the right direction, but enactment in an election year may be difficult.

The UK Government's economic and finance ministry, HM Treasury, is recruiting for a Head of central bank digital currency (CBDC) to lead the development of a digital pound. The work is described as "Important, complex, and cross-cutting" and will "require extensive engagement across and beyond the HM Treasury."According to the Linkedin post, the Treasury and…

Historical analysis suggests that the amount of time it takes for the Bitcoin price to double may accelerate during this bull run. 1879 Total views 20 Total shares The price of Bitcoin has doubled in the past 75 days, prompting some analysts to question whether the market is approaching over-extension.However, historical analysis from Bitcoin monitoring…