PayPal’s PYUSD stablecoin hits $1B market cap
PYUSD is competing with rivals such as Circle’s USDC and Tether’s USDT.
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Does a stronger dollar mean Bitcoin price is destined to lose $30K?
Bitcoin price has been accelerating massively in recent months, with Bitcoin (BTC) rallying from $10,000 to $41,500. This rally went vertical without any major corrections in between.However, every upward cycle has its standard 30% corrections, which can even be considered healthy for more upside. Bitcoin’s price started to fall south in the past days as…
World Economic Forum’s Nadia Hewitt Talks Supply Chains, COVID-19 and Blockchain
Last week, the World Economic Forum (WEF) published a major new blockchain deployment toolkit designed to help governments, enterprises and organizations worldwide to develop more resilient value chains going forward after the COVID-19 crisis. The toolkit’s authors believe that the case for blockchain implementation is stronger than ever in the wake of the pandemic and has…
South Carolina treasurer goes on Bitcoin ‘fact-finding trip’ to El Salvador
The state official reportedly used his own funds to pay for the trip, which included discussing Bitcoin with government officials and exploring financial literacy programs. 149 Total views 14 Total shares Curtis Loftis, the treasurer for the U.S. state of South Carolina, spent five days in El Salvador as part of an “exploratory trip” on…
Top secret Julian Assange and Pak NFT collaboration is wikileaked
“Details about the contents and ideas of the Censored collection have not been revealed. However, considering the two partners in crime, it will definitely attract attention,” said DappRadar. 510 Total views 6 Total shares A collaborative NFT project from belagued Wikileaks founder Julian Assange and pseudonymous digital artist Pak is set to drop next week.…
Neal Stephenson on the metaverse: ‘It’s happening in a different way’
Author Neal Stephenson said that many Web3 problems come from projects wanting to financialize everything very quickly. 419 Total views 5 Total shares Own this piece of history Collect this article as an NFTBestselling author Neal Stephenson spoke with Cointelegraph at the Paris Blockchain Week 2023, discussing various topics, including problems within the current Web3…
Avalanche-based Pangolin Dex set to make debut on Flare blockchain
Pangolin can offer DEX-as-a-service features to any Flare-based application that wants to incorporate direct token swaps into its user experience. 27 Total views 17 Total shares Pangolin, a decentralized exchange (DEX) on the Avalanche network, will debut on the layer-1 blockchain Flare network. Flare is known for its interoperability solutions and Pangolin hopes to utilize…
Bitcoin Exchange BitMEX Faces $300M Investor Lawsuit Over Lost Equity
A former JPMorgan derivatives trader is suing one of the world’s biggest cryptocurrency exchanges for $300 million after it allegedly failed to deliver his equity.According to filing with the Superior Court of the State of California in San Francisco dated Dec. 4, Frank Amato and RGB Coin are now pursuing action against BitMEX, its CEO…
Ethereum burning spikes to new high on Yuga Labs’ NFT hype
Otherdeed NFTs top the “burn leaderboard” over the past seven days at roughly 55,816 ETH or 56% of all burns during that period. 295 Total views 3 Total shares The burning rate of Ethereum (ETH) has spiked to new all-time high (ATH) levels following the heavily anticipated sale of tokenized land plots in Yuga Labs’…