PayPal’s PYUSD stablecoin hits $1B market cap
PYUSD competes with rivals such as Circle’s USDC and Tether’s USDT. Go to Source
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Court denies Kraken’s motion to dismiss SEC lawsuit
The SEC alleges Kraken is operating an unregistered securities exchange. Go to Source
Anchorage adds PayPal stablecoin yield to custody platform
Institutional crypto custodians like Coinbase offer competing rewards programs. Go to Source
Report: Crypto Industry Spends Record $119 Million in 2024 Federal Elections
The crypto industry made waves in the 2024 federal elections by investing a staggering $119 million, positioning itself as the top corporate donor of the election cycle, according to a detailed report by citizen.org. This hefty financial contribution underscores the expanding sway of the cryptocurrency sector in influencing U.S. politics today. Crypto Industry Dominates 2024 … Read more
Base hits 4M active addresses amid ‘Onchain Summer’ campaign
Base said it had allotted 600 ETH, worth $2 million, for developers who would build on the blockchain from June to August this year. Go to Source
Young crypto voter affiliation in US swing states split equally — Coinbase
According to research commissioned by Coinbase, roughly 40% of young crypto holders in crucial swing states identify as Democrats — the same percentage as Republicans. Go to Source
Coinbase, KuCoin, others join in Turkey crypto license application
As the CMB continues to update the list and companies work to meet regulatory requirements, the Turkish crypto market is poised for significant changes. Go to Source
Coinbase CEO Brian Armstrong: AI ‘should have crypto wallets’
Armstrong’s statements come as Coinbase launches a $15K bot accelerator. Go to Source
Coinbase cbBTC token may revolutionize Bitcoin DeFi adoption
Coinbase’s step marks the latest significant institutional entrant to the field of BTCFi. Go to Source
Chainlink Integrates Data Streams and VRF on Base Blockchain
Chainlink has expanded its offerings on the Base blockchain by launching its Data Streams and Verifiable Random Function (VRF) services. This development ensures that the full suite of Chainlink products is now accessible to developers using Base, a layer-two (L2) blockchain built on Ethereum. Chainlink Expands Services on Base Blockchain The recent integration of Chainlink’s … Read more
