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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FinCEN Director Blanco Concerned About Bad Actors Hijacking Crypto
The head of the agency that enforces the Bank Secrecy Act and KYC requirements in the U.S. says the agency aims to help crypto innovate responsibly. 641 Total views 38 Total shares In a May 27 interview sponsored by Chainalysis, Director of the United States Financial Crimes Enforcement Network (FinCEN) Kenneth Blanco was adamant that…
Bankrupt crypto hedge fund 3AC’s NFT auction fetches $2.5M
Three Arrows Capital is currently undergoing bankruptcy proceedings and owes an estimated $3.5 billion to creditors. The auction for parts of bankrupt Singaporean cryptocurrency hedge fund Three Arrows Capital’s (3AC) nonfungible tokens (NFT) collection fetched $2.5 million at its conclusion on May 19.Facilitated by fine arts broker Sotheby’s, collectibles on sale included Tyler Hobbs Fidenza #725,…
DXY bounces at major support, reducing Bitcoin’s chance at breaking the $17.2K resistance
On Dec. 2, the United States dollar index (DXY), an index that measures the dollar's strength against a basket of top foreign currencies, reached 104.40 which was the lowest level seen in 5 months. To recap, the U.S. dollar's weight against the basket of top foreign currencies grew by 19.6% in 2022 until late September as…
A16z proposes a set of licenses especially for NFTs, based on Creative Commons model
The six licensing templates devised by VC firm Andreessen Horowitz are irrevocable and amendable, and give creators the power to set five variables for the future use of their works. 215 Total views 4 Total shares Venture capital firm Andreessen Horowitz (A16z) announced Wednesday that it had devised a set of six licenses tailored to…
Bitcoin Price Stalls at $9,300, Altcoins Rally to New Multi-Year Highs
As Bitcoin price stalled at $9,300 again, altcoins capitalized on the sideways price action to rally to new multi-year highs. 2019 Total views 21 Total shares Within the last few hours Bitcoin (BTC) price pushed above $9,300 after struggling to hold the $9,300-$9,400 level for the past three days. The move was accompanied by a notable…
Copernic Space and Lunar Outpost target space commercialization via NFTs
Both companies are offering companies and individuals the chance to buy space on a lunar lander in the form of nonfungible tokens. 236 Total views 14 Total shares Copernic Space and Lunar Outpost are set to launch a public sale for tokenized payload space in a lunar lander headed for the moon in Q4 2022.According…
Coincheck Halts Crypto Remittance to Investigate Latest Data Breach
Coincheck suffered a data breach that may have leaked users’ emails and personal information, including date of birth and phone number. 662 Total views 20 Total shares Major Japanese cryptocurrency exchange Coincheck has suffered a data breach involving unauthorized access to the platform’s domain registration service.Coincheck is one of the world’s oldest crypto exchanges. They…
Uniswap Foundation proposal gets mixed reaction over $74M price tag
The Uniswap Labs community has already begun mulling over a new proposal that would form a Uniswap Foundation based in the United States (U.S.), but first, it's going to cost $74 million.The proposal has garnered mixed feedback from the community so far, with many praising the foundation’s plans to support and expand the Uniswap ecosystem,…