Crypto could eliminate 97% of traditional remittance fees: Coinbase
U.S. consumers sending international bank transfers pay more than $12 billion annually in remittance fees alone. Go to Source Powered by WPeMatico
Month: April 2023
Massive supply chain attack targeting small number of crypto companies: Kaspersky
Crowdstrike and Kaspersky found an infection in a communications app that delivered a backdoor, but deployed it only a few times. Go to Source Powered by WPeMatico
Is Dogecoin coming to Twitter? Watch The Market Report
On this week’s episode of The Market Report, Cointelegraph’s resident expert explains why Dogecoin has been pumping and what it has to do with Twitter and Elon Musk. Go to Source Powered by WPeMatico
PayPal and the credit card industry are taking advantage of consumers
Stablecoins offer a way for consumers — particularly Americans — to escape the financial industry’s punitive transaction fees. Go to Source Powered by WPeMatico
US-Saudi Tensions Escalate as Report Says Crown Prince Is No Longer Interested in Pleasing the United States
After Saudi Arabia and members of the Organization of the Petroleum Exporting Countries (OPEC) surprised the world by announcing cuts to oil production, a spokesperson for U.S. president Biden’s National Security Council stated that reducing production is not advisable. According to a recent report, Saudi Arabia’s crown prince Mohammed bin Salman has told associates that … Read more
Deposits to zkSync surpass $110M as its DeFi ecosystem explodes
Crypto traders are actively investing in projects launching on zkSync as the hype around its potential governance token airdrop increases. Go to Source Powered by WPeMatico
Texas Senate committee moves forward on bill removing incentives for crypto miners
Under the proposed legislation, certain crypto mining firms participating in a program to reduce the load on Texas’ energy grid would not receive an abatement on state taxes. Go to Source Powered by WPeMatico
Liquidity protocol Sentiment exploited for over $500K
More than $536,000 was drained from the Synapse Bridge on April 4, according to Ethereum blockchain data. Go to Source Powered by WPeMatico
Fed liquidity injections drive down US Treasury yields, but not Bitcoin price
Regulatory uncertainty and the recent enforcement actions taken against major crypto exchanges reduces the odds of Bitcoin breaking above $30,000 in the short-term, but investors are still bullish. Go to Source Powered by WPeMatico
Paxful closing, CEO blames staff departures, regulatory challenges
Paxful CEO Ray Youssef said U.S. regulators “don’t get it,” but infighting in the C-suite may have played a role in the company’s closure as well. Go to Source Powered by WPeMatico
