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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Sam Bankman-Fried found ‘chilling’ in JFK airport lounge on $250M bail bond
Based on the pictures, crypto community members confirmed that SBF’s location was the Greenwich (Business Class) lounge in American Airlines’ Terminal 8. 485 Total views 4 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as NFTThe momentary arrest of former FTX CEO Sam Bankman-Fried (SBF) can be attributed to the efforts taken by the…
Burger King Let’s You Pay Your Way in Germany — With Bitcoin
The German version of world-famous fast-food chain Burger King now accepts Bitcoin (BTC) payments in its delivery website and mobile application. Payment options on the Bklieferservice.de homepageBitcoin recently appeared among the payment options on the website of the official German Burger King delivery website and its mobile application. It is unclear, however, whether Bitcoin is also…
Coinbase amasses a $4B war chest so it can outlast ‘crypto winter’
Strong revenues over the past two quarters from a large user base helped the exchange amass the funds. 621 Total views 6 Total shares Coinbase, the largest American cryptocurrency exchange, has stockpiled a war chest worth about $4 billion in cash in preparation for decreased crypto retail trading volumes and higher operating costs brought on…
Nexo founder feels vindicated by the FinCen leak, talks of double-standards
Had it been Coinbase or Nexo, he agreed with speculation that law enforcement would have been knocking on the door the next day. Nexo co-founder Antoni Trenchev told Cointelegraph that he believes the information revealed during the recent FinCen leak vindicates the crypto industry. According to the leak, the world’s leading financial institutions cleared over…
Bitcoin Price Fear & Greed Index Back to ‘Extreme Fear’ Dec 2018 Lows
Bitcoin investors are no longer as buoyant as they were three months ago, judging by the latest readings from the Crypto Fear and Greed Index (CFGI).On Aug. 14, the Bitcoin-only index — which plots investor sentiment on a scale of 1 to 100 (where 1 represents doom and foreboding and 100 indicates blithe optimism and…
Unstoppable Domains to let farmers accept crypto with new Web3 domain
The new top-level domain “.farms” will play a role in Farmsent’s blockchain-based marketplace dedicated to farmers.
Caitlin Long on Banking Backdrop, Stifled Regulation to Serve Crypto
During Virtual Blockchain Week, Cointelegraph spoke with Caitlin Long — the founder and CEO of the upcoming “crypto bank” Avanti Bank & Trust as well as the driving force behind regulatory changes in the state of Wyoming for allowing financial institutions to handle both crypto assets and fiat currencies.A Wall Street veteran, Caitlin Long ran…
China Everbright Bank Uses Ant Financial’s DLT for Supply Chain Finance
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