Fake Tokens Exploit PayPal’s Stablecoin Launch Scammers are taking advantage of PayPal’s recent launch of its dollar-pegged stablecoin, PayPal USD (PYUSD), by creating fake tokens on…
Summary: A whale has made two large deposits into Huobi, increasing the exchange’s holdings of USDT and Ether. The first transfer was $200 million USDT, followed…
Bitcoin Needs Regulatory Clarity to Reach $30,000 – Bitcoin’s price is stagnant and needs regulatory clarity to push past $30,000. – Crypto options traders are betting…
Crypto Hedge Funds Underperform Bitcoin in the First Half of 2023 Even though crypto hedge funds managed positive returns during the first half of the year,…
Jameson Lopp Criticizes Twitter’s Rebranding and Advocates for Digital Sovereignty Twitter recently rebranded itself as “X” in a move towards becoming an “everything app” similar to…
Cypher Protocol: Loss of Funds and Frozen Contracts The Cypher protocol, a decentralized exchange based on Solana, suffered a significant loss of nearly $1 million in…
The Financial System’s Ability to Drive Change: Lessons from LIBOR and Implications for Crypto The financial services industry has a history of innovation and growth, even…
The Impact of PayPal’s PYUSD Token on the Stablecoin Market The launch of PayPal’s PYUSD token, a stablecoin designed to mimic the US dollar, is considered…
Mango Markets Struggles with Legal Expenses A year after Avi Eisenberg allegedly stole over $100 million from blockchain-based trading protocol Mango Markets, the company is facing…