The entry of PayPal into the stablecoin arena with its PYUSD stablecoin initially sparked intrigue, positioning itself as a potential rival to the likes of Circle and Tether, which command an 85% stronghold over the industry.  However, the nascent stablecoin’s journey has been fraught with challenges, hampering its efforts to carve a significant niche. Critics […]

On July 16, Binance announced that it had integrated the layer-2 protocol Bitcoin Lightning Network into its platform, and users could use it to make deposits and withdrawals. And now, less than two months after this development, the platform has recorded a significant milestone with the protocol.  Binance Node Growing Rapidly According to data from […]

Three months after announcing their plans to engage in Bitcoin mining in Latin America, Tether, the issuer of the world’s largest stablecoin USDT, is readying to deploy their first rigs. According to chief technology officer Paulo Ardoino, Tether Energy is operationalizing their miners at a disclosed location in Latin America.  Tether Energy All Set To Mine […]

Crypto scammers dealt a blow to the United States Drug Enforcement Administration – the agency tasked with enforcing the country’s drug laws – by making off with $55,000 in seized Tether (USDT) earlier this year. This incident occurred due to an intricate scheme that serves as a reminder of the challenges law enforcement faces in […]

Charles Hoskinson, the visionary founder of Cardano, boldly predicted that ADA, the native token of the Cardano blockchain, is poised to dethrone the current cryptocurrency giants, Bitcoin and Ethereum. Hoskinson’s proclamation at the highly anticipated Rare Evo conference has sent ripples of excitement and speculation throughout the cryptocurrency community, sparking fervent discussions about the future […]

Gemini has unveiled an innovative feature allowing users to accrue XRP cryptocurrency rewards while conducting routine credit card purchases. The disclosure of this program, disseminated through a tweet, extends a remarkable prospect to Gemini Credit Card holders, granting them the ability to amass up to 3% in XRP rewards on expenditures on dining, groceries (2%), […]

The Pepe token was the foremost token that enjoyed immense success during the meme coin frenzy in May this year. However, the token experienced a significant drop as the frenzy faded out. And now, a recent development seems to suggest that the team behind it may have abandoned the project. $15.6 Million Worth of PEPE […]

There have been speculations that the US Securities and Exchange Commission (SEC) could drag Ripple Labs’ founders into the regulator’s long-running legal battle against their company. However, pro-XRP legal expert Fred Rispoli has outlined why this is unlikely. SEC Unlikely To Sue Ripple Founders Rispoli stated in a tweet that the SEC is unlikely to […]

The Trump Digital Trading Cards, a non-fungible token (NFT) collection featuring illustrations of Donald Trump, experienced a surge in price and trading volume following a week many would refer to as “eventful” in the US political landscape.  This spike in trading activity has been linked to the release of the former United States president’s mugshot […]

Digital asset management firm Hashdex has filed a spot Bitcoin ETF application with the United States Securities and Exchange Commission, according to reports on Friday, August 25.  Hashdex, who claims to be a global pioneer in crypto management, is looking to hold spot Bitcoin in its Bitcoin futures ETF, rebranding its DEFI ETF on the […]

It has now been more than one year since crypto lender Celsius Network filed for bankruptcy, leading to a rollercoaster 13 months for investors so far. However, there may finally be an end in sight for users who have their funds stuck on the platform as it looks like Celsius is getting ready for fund […]