Breaking: Paypal launches stablecoin for payment
Payment processing giant PayPal started crypto payments in March 2020 and since then has been actively involved in the crypto payment sector. Go to Source
Cryptocurrencies
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Crypto-centered public companies record profit beating Q2 estimates
The rise in crypto prices, as well as non-trading revenues, became key to profitability for many of these companies. Go to Source
XRP price disappoints after court ruling, Deaton remains optimistic
While the pro-XRP lawyer didn’t anticipate XRP reaching a new all-time high after the ruling, he did expect the price to surpass the $1 resistance level. Go to Source
CDC report underscores importance of Judge’s verdict in Ripple case
The CDC expressed satisfaction with the ruling, which aligned with their stance as articulated in their amicus brief supporting Ripple, marking an advocacy victory. Go to Source Powered by WPeMatico
Elon Musk debunks scam token claims, assures no crypto plans for X
Elon Musk addressed the issue of scam tokens like $X and $TWITTER falsely claiming connections to the social media platform. Go to Source Powered by WPeMatico
CBDC supporter likely in White House next term, crypto divide not red v. blue: Grayscale
The crypto asset manager took a look at the leading U.S. presidential candidates’ positions and did not see a partisan divide. Go to Source Powered by WPeMatico
Korean superconductor LK99 joins memecoin craze
The world’s supposed first room-temperature ambient pressure superconductor already has a memecoin. Go to Source Powered by WPeMatico
Germany is dragging Europe’s economy down — and that’s great for crypto
Cointelegraph analyst and writer Marcel Pechman explains how a weakening German economy — Europe’s largest — is a positive for cryptocurrencies. Go to Source Powered by WPeMatico
Curve hacker behind $61M heist begins returning funds
A frontrunning miner extractable value (MEV) bot that had drained approximately $11 million worth Ether from the Curve protocol returned nearly all of it. Go to Source Powered by WPeMatico
Oman financial regulator seeks feedback on proposed virtual asset framework
Although the proposed virtual asset regulatory framework in Oman covers FATF-defined assets, the issuance of privacy coins might get banned. Go to Source Powered by WPeMatico