PayPal, Ernst & Young settle first corporate payment via PYUSD stablecoin
PayPal deepens its push into PYUSD for business transactions, making its first payment using the stablecoin.
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Korean exchanges agree on emergency system in case of Terra-style collapse
Korea's leading exchanges have agreed to form a new emergency system that will spring into action within 24 hours should another Terra-style collapse threaten to come to pass.Under the new system, exchanges will convene to respond to sudden adverse market effects, such as what happened with Terra in May.The agreement came after five of the…

Crypto-enabled hawala transactions: Legal and regulatory implications
Explore the informal hawala remittance and transaction market and the challenges that it poses when combined with cryptocurrencies.

6 Questions for Paul Veradittakit of Pantera Capital
Each week we ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes! This week our 6 Questions go to Paul Veradittakit, a Partner at Pantera Capital. Pantera Capital is one of the earliest and largest…

Bitcoin price swings to over $20K as Binance helps FTX ‘liquidity crunch’
Bitcoin (BTC) saw major volatility after the Nov. 8 Wall Street open as turmoil over crypto exchange FTX punished markets further.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBinance hints at plan to buy FTXData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $19,244 on Bitstamp, marking the pair’s lowest levels in two weeks and 24-hour losses of…

Metaverse for education: How virtual reality can help schools and colleges
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Apple has its own GPT AI system but no stated plans for public release: Report
Apple’s reportedly working on its own generative pre-trained transformer (GPT) artificial intelligence (AI) model. However, there’s no indication that the company has any plans to launch it to the public.Per a July 19 report from Bloomberg, Apple’s internal GPT system is called “Ajax.” It’s purportedly similar to OpenAI’s ChatGPT and Google’s Bard. Apple has a…

Bitcoin bulls aim for $50K ahead of Friday’s $675M BTC options expiry
On Friday, Aug. 13, a total of $675 million worth of Bitcoin (BTC) options are set to expire and currently the bulls enjoy a significant advantage after a 20% weekly rally to $46,743. According to Cointelegraph, two things that marked the positive shift seen from institutional investors were deposits to derivatives exchanges reaching their lowest…

Music NFTs a powerful tool to transform an audience into a community
As one of the oldest entertainment industries in existence, the music business has experienced many technological advances that enhanced widespread adoption. The digitalization of music meant that artists could reach any audience across the world, and digital distribution gifted people with unlimited access to music. With these advances in distribution came some drawbacks in music monetization.…