Redemption arcs of 2024: Ripple’s victory, memecoins’ rise, RWA growth

PayPal will temporarily halt crypto purchases in the United Kingdom starting from Oct. 1, 2023, expecting to re-enable the service in early 2024. Cryptocurrency-friendly payments platform PayPal is making some crypto adjustments on its platform in the United Kingdom to comply with local financial regulations.PayPal is temporarily pausing the ability for its U.K. customers to…

Turkey has established the country’s first university-level blockchain center, aiming to close the blockchain expertise gap and ensure wide deployment of the technology, local news outlet Daily Sabah reported August 3. The Istanbul Blockchain and Innovation Center (BlockchainIST Center) was inaugurated at Bahçeşehir University (BAU). According to the center’s director Bora Erdamar, BlockchainIST is set…

Ethereum (ETH) co-founder and core developer, Jeffrey Wilcke, has reportedly sent 92,000 ETH ($11.5 million) to U.S. cryptocurrency exchange Kraken on Dec. 25.While Cointelegraph reported early today about concerns that Ethereum co-founder Vitalik Buterin could be planning to sell $25 million worth of the cryptocurrency, a tweet sent by Jeffrey Wilcke indicates otherwise.Source TwitterWilcke, whose GitHub…

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.The past week in DeFi was filled with artificial intelligence (AI)-centered developments on Etherscan, Polygon’s latest security update and on-chain sleuth ZachXBT’s ongoing lawsuit supported by multiple crypto…

The economy is facing an outlook bleaker than a Welsh weather forecast, and few are rushing to buy risk assets. Here are a few tips for weathering unfavorable market conditions.Option #1: Save cashThere’s no shame in sitting on the sidelines and saving cash or stablecoins. When bullish momentum returns, you will have plenty of dry…

More businesses are expressing interest in accepting cryptocurrency payments and holding digital assets in their strategic reserves. 275 Total views 3 Total shares USD Coin (USDC) operator Circle has launched a new account service aimed at helping businesses transact in cryptocurrencies — potentially opening the door to wider mainstream adoption of digital assets. The new business-centric…

The documentary will examine the dynamic relationship between Sam Bankman-Fried and Binance founder Changpeng Zhao. Own this piece of history Collect this article as an NFTThe FTX saga and the developments that led to the crypto exchange’s collapse will be framed in a new documentary focusing on the volatile relationship between Sam Bankman-Fried and one…

Editor's noteAfter taking a bit of a break and skipping a week for the newsletter, I’ve returned with the feeling that something big is brewing for the crypto space.To people who follow me on Twitter or here, it is probably no secret that I believe the fate of the crypto market is strongly tied to…