PayPal's PYUSD stablecoin hits $1B market cap

Online banking service provider Swissquote has seen a 44 percent surge in profits in the first half of 2018, an uplift attributed to the “crypto boom” earlier this year, local news outlet Finews reports July 31. In July 2017, the Swiss-based online bank was credited by many with becoming “the first” European online bank to…

Penn State snagged one of GoChain's node operator spots. Pennsylvania State University, a U.S. university touting more than 40,000 students, has agreed to operate as a signing node for GoChain's proof-of-reputation, or PoR, blockchain. Constructed as a fork of the Ethereum blockchain's code, GoChain is secured by selected entities that run their own nodes, Marie Gonzalez,…

Take, for example, the recent issues that Circle-issued USD Coin (USDC) faced when it depegged from the U.S. dollar following Silicon Valley Bank’s collapse. Two weeks later, Mastercard boldly integrated the stablecoin into its infrastructure in the Asia-Pacific region, allowing users to spend USDC through its network. It’s happening, folks!And let’s not forget about Bitcoin…

Bitcoin (BTC) institutional trading platform Bakkt has set another giant new record for its futures contracts, topping 5,600 BTC on the day.As the company confirmed on Twitter, Nov. 27 saw a fresh all-time volume high for Bakkt’s monthly Bitcoin futures. During the session, Bakkt reported 4,443 BTC traded — over 60% higher than its previous…

Three backers thought to be reconsidering their involvement in Facebook’s digital currency Libra have received warnings from the United States’ politicians over participating.Senate Letter: Facebook’s problems are your problemsAccording to Bloomberg’s article published on Oct. 9, a letter to Visa, Mastercard and Stripe was sent by two U.S. senators. In it, they are reportedly pressuring…

Two weeks into the Russo-Ukrainian War, donations continue to pour in from generous blockchain enthusiasts worldwide. 265 Total views 5 Total shares On Wednesday, total crypto donations across Ukrainian government wallet addresses, charities, and relief efforts tracked by Cointelegraph has reached $108 million. The top three recipients of such funds included the official Bitcoin (BTC)…

The New York Digital Investment Group, or NYDIG, tapped Jon Dalby as its new CFO. 449 Total views 2 Total shares Departing his position as the chief financial officer of Bridgewater Associates, John Dalby will assume the post of chief financial officer for Bitcoin-focused tech and finance company NYDIG."The NYDIG team and I are extremely…

Nonfungible token-based projects like Loot and The N Project have helped spike interest in the Metaverse to an all-time high, raising hopes again that blockchain will finally break through to the masses. Will it, or is history doomed to repeat itself? The problem is that the very things that capture the imagination of the public…