Prometheum labels UNI, ARB securities in custody expansion

Global payment processing giant PayPal announced its United States dollar-pegged payment stablecoin called PayPal USD (PYUSD) on Aug. 7. The stablecoin is developed on Ethereum (ERC-20) and will be issued by Paxos Trust Co. PYUSD is reportedly fully backed by U.S. dollar deposits, short-term Treasurys and similar cash equivalents.PayPal said that the launch showcases the company’s…

The Depository Trust & Clearing Corporation (DTCC), a global post-trade market infrastructure giant, has published a white paper outlining guiding principles for the post-trade processing of tokenized securities. News of the white paper was announced in an official DTCC press release on March 13.The paper — targeted at regulators and other market participants — identifies…

More and more traders are turning to DEX aggregators to seek out the best rates for token swaps. 1387 Total views 5 Total shares Trading volumes on popular decentralized exchange (DEX) aggregators have surged to new highs over the past few weeks.Decentralized exchange aggregators provide a way for token traders and swappers to scan several…

Retail investors are not a “key driver” of spot Bitcoin ETFs, with a majority of inflows coming from arbitrage trading hedge funds, according to Raoul Pal.

Stablecoin purchases in Turkey amount to 4.3% of GDP, the highest among global economies, according to Chainalysis.

Circle’s earlier disclosure that $3.3 billion worth of USDC reserves were held with Silicon Valley Bank resulted in it losing market share to its competitor USDT. 438 Total views 10 Total shares Own this piece of history Collect this article as an NFTCircle CEO and co-founder, Jeremy Allaire, confirmed that, as of March 13, the…

Bitcoin holds its latest advances over the weekend, but there are plenty of arguments calling for a snap BTC price retracement.

Fidelity Digital Assets has published its response to commonplace criticisms of Bitcoin. 1041 Total views 13 Total shares "Bitcoin has failed as means of payment" is one of the prevalent criticisms of Bitcoin (BTC) that Fidelity Digital Assets is seeking to rebut. In a blog post published on Nov. 13, the firm took on six…

Software development behemoth Oracle is suing blockchain startup CryptoOracle, alleging trademark infringement and cybersquatting.Cybersquatting and trademark infringementTechnology market news outlet Computer Reseller News (CRN) reported on Aug. 15 that Oracle sued CryptoOracle alleging trademark infringement and cybersquatting in the Northern District of California. Wikipedia states that cybersquatting “is registering, trafficking in, or using an Internet domain…