PayPal’s new stablecoin on Solana will offer ‘confidential transfers’
Confidential transfers allow merchants to provide confidentiality for transaction amounts to their consumers while maintaining visibility for regulatory purposes.
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WazirX restores balances post-hack, withdrawal timeline unclear
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‘$31K was not the end’ — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts the second week of June in familiar territory, but a breakout is coming, investors say.After a calm weekly close, BTC/USD is firmly in its established trading range, while under the hood, market participants are preparing for some dramatic shifts.It has been a long time coming, and for seasoned traders, the signs are…
3 emerging crypto trends to keep an eye on while Bitcoin price consolidates
This week, Bitcoin’s (BTC) price took a tumble as a hotter-than-expected consumer price index (CPI) report showed high inflation remains a persistent challenge despite a wave of interest rate hikes from the United States Federal Reserve. Interestingly, the market’s negative reaction to a high CPI print seemed priced in by investors, and BTC’s and Ether’s…
TradFi shifts perspectives on crypto assets
Recently, Larry Fink, the CEO of BlackRock asset management fund, talked about crypto in an interview on CNBC. He said that crypto “has a differentiating value versus other asset classes, but more importantly, because it’s so international, it’s going to transcend any one currency.” BlackRock is now the world’s largest asset management fund, with over…
Australian Startup to Offer 20% Payback on Fuel Purchases in Tokens
Australian startup Incent plans to offer a 20% payback in its INCNT token on fuel purchases at United Petrol stations for a limited time. Incent announced in a press release published on Sept. 26 that participants will have to sign up on its platform and sync their bank accounts in order to receive the tokens. The…
Post offices adopting NFTs leads to a philately renaissance
Philately? If you are a millennial, there is a good chance you used Google to find out that there is a word dedicated to collecting and studying postage stamps.This same search also paints the picture of a hobby in decline, as younger generations are increasingly preoccupied with their screens and the constant stream of dopamine…
Crypto market’s ‘perfect storm’ can lead to further massive capitulation
A rapid decline in the traditional markets has spread to cryptocurrencies, obliterating them with a significant drop in all major assets. What are the possible factors for this perfect storm?
Crypto-Enabled Investment App eToro Gets Ready to Issue Debit Cards in UK
EToro is reportedly moving ahead with its debit card plans as it acquires a U.K. Visa Principal Member. 1530 Total views 20 Total shares The crypto-enabled investment app eToro is set to launch its debit card in the United Kingdom as it acquired Marq Millions Ltd, a licensed e-money business holding a principal Visa membership.As…