PayPal opens PYUSD stablecoin to USD conversions for cross-border transfers

The cross-border payments will be handled via PayPal’s Xoom subsidiary.

PayPal opens PYUSD stablecoin to USD conversions for cross-border transfers

PayPal will allow all United States users outside the state of Hawaii to fund money transfers to family and friends abroad using U.S. dollars converted from its native stablecoin PayPal USD (PYU...

5 months ago

US gov’t commits $3.6M to address cybersecurity skill shortage

NIST allocated nearly $3.6 million in cooperative agreements to enhance the cybersecurity workforce aiming to combat the growing threat of cyberattacks.

US gov’t commits $3.6M to address cybersecurity skill shortage

The United States National Institute of Standards and Technology (NIST) said it awarded cooperative agreements of almost $3.6 million, aiming to build a workforce to help guard businesses agains...

5 months ago

Asian Bitcoin Investors Face Volatility Due to Automated ETF Trading Bots: Report

The recent Bitcoin price volatility in Asia has been closely linked to automated trading algorithms that track US ETF flows.

Asian Bitcoin Investors Face Volatility Due to Automated ETF Trading Bots: Report

In Asia, investors face turbulent times as automated trading bots react to data streaming from spot Bitcoin exchange-traded funds (ETFs). A 

5 months ago

Ethereum Layer 2s Could Rocket to $1T Base Valuation by 2030, VanEck Says

ETHEREUM LAYER 2s COULD HIT $1 TRILLION VALUATION BY 2030, VAN ECK PREDICTS

Ethereum Layer 2s Could Rocket to $1T Base Valuation by 2030, VanEck Says

Investment firm VanEck predicts Ethereum layer 2 networks to be valued at over $1 trillion by 2030 but remains “generally bearish” on the long-term prospects of several such ...

5 months ago

DeFi Exchange CrowdSwap Launches Decentralized Crypto ETF

CrowdSwap Optimistic About ETF’s Growth Trajectory

DeFi Exchange CrowdSwap Launches Decentralized Crypto ETF

Decentralized exchange CrowdSwap has launched the first decentralized crypto exchange-traded fund (ETF), comprising several crypto assets including Bitcoin and Ethereum.

5 months ago

Munchables hacker returns $62.8M Ether without ransom

On March 27, 4:40 am UTC, Munchables identified the hacker as one of its developers. An hour of negotiations led to the former developer agreeing to return the hacked funds.

Munchables hacker returns $62.8M Ether without ransom

It took nearly eight hours for the Munchables hacker — a Munchables developer — to have a change of heart and return $62.8 million worth of Ether stolen in an exploit ...

5 months ago

BlackRock Enters Asset Tokenization Race With New Fund on the Ethereum Network

The asset management giant also made a strategic investment in asset tokenization company Securitize.

BlackRock Enters Asset Tokenization Race With New Fund on the Ethereum Network

BlackRock to start a new real-world asset (RWA) tokenization fund on the Ethereum network. The asset management giant also made strategic investments in ass...

5 months ago

SEC Delays Decision on Ethereum ETFs from Hashdex and ARK 21Shares

Bloomberg Analysts Not Hopeful for ETH ETF Approval

SEC Delays Decision on Ethereum ETFs from Hashdex and ARK 21Shares

The U.S. Securities and Exchange Commission (SEC) has once again delayed its decision on the spot Ethereum ETFs applications submitted by Hashdex and ARK 21Shares. According ...

5 months ago

Ex-Swiss bank director discusses the future of Bitcoin ETFs after record-breaking trading day

Bitcoin ETFs shattered records with a 14,261 bitcoin purchase on March 12, as a former Swiss Bank Director shed light on the changing Bitcoin ETF investment scene.

Ex-Swiss bank director discusses the future of Bitcoin ETFs after record-breaking trading day

On March 12, net spot Bitcoin ETF inflows surpassed $1 billion, with Blackrock’s IBIT product reaching a record $849 million inflow and exceeding 200,000 BTC in assets under...

6 months ago

Large corporations, major wirehouses gearing up to buy Bitcoin

Institutions representing “trillions of dollars” in assets are expected to buy into spot Bitcoin ETFs by June this year, says Bitwise’s Matt Hougan.

Large corporations, major wirehouses gearing up to buy Bitcoin

Institutions representing “trillions of dollars in assets” are preparing to buy into spot Bitcoin  exchange-traded funds (ETFs) by the end of June, said crypto-native ...

6 months ago

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