PayPal faces SEC action related to PYUSD stablecoin: Report
PayPal was the first significant fintech firm to adopt digital currencies for payments and transfers after launching its stablecoin in August. Go to Source
Month: November 2023
TradFi gets crypto boost: Renegade joins Cointelegraph Accelerator
Cointelegraph Accelerator welcomes Web3-friendly fintech platform Renegade to its program. Go to Source
Swiss wholesale CBDC pilot kicks off in alliance with central, commercial banks
The Swiss wCBDC pilot project will be hosted on SDX and use the infrastructure of Swiss Interbank Clearing (SIC). Go to Source
Tether issues $610M debt financing to Bitcoin miner Northern Data
In September 2023, Tether also invested an undisclosed amount in Northern Data in a move backing AI initiatives. Go to Source
UK to invest 300M pounds in 2 AI supercomputers, Harris presses for AI safety
The U.K. says the investments will help its local scientific talent have tools they need to ensure that the most advanced AI models are up to safety standards. Go to Source
Ripple’s legal chief questions SEC case losses under Gensler
Stuart Alderoty expressed concern about the SEC’s repeated arbitrary and capricious actions in court cases, suggesting a troubling pattern under Chair Gensler’s leadership. Go to Source
New BTC price breakouts see Bitcoin traders confirm targets up to $48K
Bitcoin is attempting to ditch the past week’s trading range, but longer timeframes reveal the potential for much more BTC price upside, predictions show. Go to Source
Top Swiss bank launches Bitcoin and Ether trading with SEBA
Switzerland’s St.Galler Kantonalbank has launched Bitcoin and Ether trading for select customers, planning to add more coins in the future. Go to Source
Trader exploits Multichain opening to turn $280k to $1.9M; community suspects insider job
The momentary opening of the frozen bridge raised suspicion of it being an insider job as the trader in question was the only beneficiary. Go to Source
UK seeks six crypto investigators to beef up National Crime Agency
The role demands candidates to have the ability to provide strategic and tactical advice to crypto investigations, among other investigative qualities. Go to Source
