PayPal expands PYUSD to Solana, targets payment use cases
PayPal’s PYUSD stablecoin is now available on Solana and Ethereum, offering a chain-agnostic experience for its users.
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What are blue-chip NFTs, and how can we find them?
Blue-chip NFTs are nonfungible tokens that hold high value and are considered prestigious within the NFT market. Blue-chip nonfungible tokens (NFTs) are coveted for their reputation, quality and potential for long-term value appreciation, just like blue-chip stocks in conventional finance. These tokens frequently have certain qualities that add to their prestige, such as: Famous artists…
Maple Finance CEO: Separating risk from lending saved DeFi from market crash
DeFi crypto lending has operated as intended through the crypto winter because transparency kept it in line and business activities were siloed, according to Maple Finance’s Sid Powell. 66 Total views 28 Total shares Maple Finance co-founder and CEO Sid Powell says that transparency has been the saving grace of decentralized finance (DeFi) amid the…
Here’s how Bitcoin’s impending death cross could be a contrarian buy signal
Bitcoin’s (BTC) succession of sharp corrections from its all-time high at $64,900 has turned investor sentiment negative, at least for the short-term. While some analysts believe the bottom may have been hit, others are warning of a further fall due to the “Death Cross” pattern that, at the time of writing, is on the verge…
Chainalysis expands presence in APAC in response to KuCoin hack
But it remains unclear where KuCoin is actually headquartered. Chainalysis, a major global cryptocurrency analytics firm, is expanding its presence worldwide to embrace more jurisdictions for its crypto investigations.Providing services to federal agencies like the Internal Revenue Service and the FBI, Chainalysis is launching new offices in Singapore and Tokyo to better service customers in…
SEC Alleges Minority Communities Targeted By Bottled Water Scam
The United States Securities and Exchange Commission has charged a former pastor and his wife for stealing $500,000 through a trio of fraudulent businesses, including a cryptocurrency offering purportedly backed by a bottled water business.According to a complaint filed on April 2, the pair also sold fake shares in their struggling water business, Teshuater, in…
Bitcoin Miner Riot Blockchain Announces Additional 1,000-Rig Purchase
Cryptocurrency mining firm Riot Blockchain announced the purchase of an additional 1,000 next-generation Bitmain S17-Pro Antminers on Dec.12. This completes the upgrade of its Oklahoma City mining facility, following an initial purchase of 3,000 units announced on Dec. 4.The latest generation of Application-Specific Integrated Circuit miners from mining hardware giant Bitmain represents an approximate 50%…
2022 bear market has been the worst on record — Glassnode
Recent on-chain analysis by Glassnode has shown that the current Bitcoin bear cycle is playing out as the worst one in history. 1197 Total views 18 Total shares Several factors have contributed to making the current crypto bear market the worst ever recorded as most Bitcoin (BTC) traders are underwater and continue to sell at…
Persistent macro headwinds could delay Bitcoin bull market — ARK Invest
It's been a whipsaw 2023 for investor sentiment, and even though equities markets have defied expectations, a recent report from ARK Invest highlights reasons why the remainder of 2023 could present several economic challenges. ARK manages $13.9 billion in assets, and its CEO, Cathie Wood, is a strong advocate for cryptocurrencies. In partnership with the European