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FTX’s bankruptcy estate will ship another $1.6 billion to creditors in a third distribution, turning the long unwind into a steady drip of real money at last. Creditor Glow-up Continues: FTX Tees up $1.6 Billion More Round three is designed to top up eligible, allowed claims across the board, adding fresh cash to customer classes … Read more
Ethereum’s Fusaka upgrade is tentatively slated for Dec. 3 on mainnet, aiming to expand data capacity for rollups while aiming to preserve decentralization and security. Fusaka Incoming Ethereum core contributors set the target after aligning on testnet steps and parameters at the All Core Devs – Consensus (ACDC) #165 meeting, with discussion centered on scope … Read more
Paypal’s PYUSD stablecoin is breaking out of its home turf, hitching rides on Tron, Aptos, Avalanche, Sei, and a string of other chains via Layerzero’s Stargate Hydra—giving it a passport far beyond its original digs. Paypal’s PYUSD Now Travels Cross-Chain The rollout also debuts PYUSD0, a permissionless sibling of the native coin already circulating on … Read more
Sherlock Communications, a Latam‑focused firm, said Argentina has consolidated itself as a leader in crypto regulation and adoption in the region over Brazil. While Brazil has a larger crypto market, the firm says Argentina is one of the Latam’s most active crypto‑receiving nations. Sherlock Communications’ Latam Report Highlights Crypto Adoption Advancements in Argentina Latin America … Read more
Local reports say the power company cut power to Tether’s operation on July 25 amid a renegotiation of Uruguay’s power tariffs. In June, the company signed an MoU conditioned on payment of its outstanding debts. Tether Faces Power Cuts in Uruguay Amidst $5 Million Outstanding Energy Debt Tether, the multi-billion-dollar crypto and stablecoin company, is … Read more
Saylor, co-founder of the largest bitcoin treasury company, believes that changes, while good-intentioned, should be viewed as a threat to the Bitcoin protocol. While he believes that the OP_RETURN changes are a second or third-degree modification to Bitcoin, he acknowledges the dangers associated with these. Bitcoin OP_RETURN Changes Must Be Seen as a Threat, Strategy’s … Read more
MEXC’s latest survey shows a sharp rise in crypto adoption as an inflation hedge, climbing from 29% to 46% globally. East Asia and the Middle East led the shift, while Latin America and South Asia showcased unique adoption trends driven by community and trading activity. From Speculation to Protection: 46% of Users Now Use Crypto … Read more
The Space and Time Foundation has announced that its network will now accept USDC as a payment method, enabling developers to pay for zero-knowledge (ZK) data processing. USDC Integration Enhances Developer Experience The Space and Time Foundation has announced that its network will now support the stablecoin USDC as a payment method. This integration allows … Read more
Moneygram, a remittance industry giant, is gearing up to include stablecoin-powered operations for its cross-border transactions in Latam, adopting USDC in collaboration with Crossmint. The move aims to cut costs and retain users who are pivoting to stablecoins. Moneygram Pushes Stablecoins in New App to Debut in Latin America Moneygram, a global remittance platform servicing … Read more
Canada’s RCMP seized more than 56 million Canadian dollars in cryptocurrency linked to the exchange Tradeogre, marking what the force called the largest digital-asset recovery in the country and the first dismantling of a crypto trading platform by Canadian law enforcement. RCMP Leverages OP_RETURN Messaging to Reveal Seizure The Royal Canadian Mounted Police (RCMP) stated … Read more