Shares.Finance Token Surges 30% in Two Days, Sparking Investor Interest

Shares.Finance is a project that seeks to revolutionize the concept of ownership and value sharing. It combines blockchain technology with everyday functions to create unique “shares” that can be bought and sold by influencers and businesses, similar to traditional stocks. These shares can even bring rewards, like discounts. The project has recently gained traction, with […]

PayPal Launches Stablecoin PYUSD in Partnership with Paxos Trust Co.

PayPal, a payment giant based in San Jose, California, has announced the launch of its own stablecoin, PYUSD, in partnership with Paxos Trust Co. This digital currency is backed by deposits denominated in US dollars, along with short-term Treasuries and comparable cash equivalents, to ensure a secure and reliable peg to the US dollar. The […]

Bitget Wallet Launches ETH Staking Feature with Up to 10% Yields

Bitget Wallet, formerly known as BitKeep, is a decentralized multi-chain digital wallet that provides a comprehensive portfolio of services, including wallet functionality, an integrated swap feature, NFT Marketplace, DApp Browser, and Launchpad. It is a top-rated wallet on both Google Play and the iOS App Store globally and supports over 250,000 types of cryptocurrencies across […]

USDC to Launch on Six New Blockchains, Boosting Adoption

USD Coin, the world’s second-largest stablecoin by market capitalization, is set to launch on six new blockchains, including NEAR, Polkadot, and Base. This would make the stablecoin available on a total of 15 blockchains. The decision comes a day after Coinbase acquired a stake in USD Coin issuer Circle Internet Financial.The extension to the new […]

Binance Halts Crypto Debit Cards in Select Regions Amid Regulatory Challenges

Binance, the world’s largest cryptocurrency exchange, has announced the termination of its crypto debit cards for customers in the Latin America and Middle East regions from September 21, 2023. The card termination affects a “tiny portion” of its customers – less than 1% of users in the select regions.A crypto debit card enables users to […]

Coinbase-Backed Base to Receive 118 Million OP Tokens in Six-Year Grant from Optimism Foundation

The Optimism Foundation and Base, a Coinbase-backed Layer 2 platform, have announced a proposal to share governance of OP Chains. Base will receive a grant of 118 million OP tokens spread over six years, in order to reward their contributions to scaling Ethereum and the OP Stack. The grant also ensures Base’s long-term commitment to […]

Vauld Appoints New CEO and Creditor Representative Amidst Struggles

Vauld, a Singapore-based cryptocurrency lending platform, has announced several changes, including the appointment of a new CEO. The bear market has had a significant impact on the company, leading to layoffs and the suspension of withdrawals and deposits. In July, Vauld filed for protection against creditors and the Singaporean magistrate has approved the company’s scheme […]

Coinbase and Optimism Collective Partner to Build ‘Superchain Future’

Coinbase has announced a new Ethereum layer-2 scaling solution called Base, which will share a portion of its revenue with its development partner, the Optimism Collective. The Optimism Collective is a group of companies, communities, and citizens working together to reward public goods and build a sustainable future for Ethereum.Base and the Optimism Collective have […]

Alleged Founder of PEPE Meme Coin Doxxed, Price Plummets 19%

Jeremy Cahen, the founder of Not Larva Labs, has revealed Zachary Testa as the alleged founder of the PEPE meme coin. This news has caused a 19% drop in the coin’s price within the last 24 hours.The speculation was further fueled by the movement of 16 trillion tokens from a multi-sig wallet linked to the […]

Mastercard and Visa Sever Ties with Binance in Latin America and Europe

Mastercard has recently severed its card partnership with global cryptocurrency platform Binance in Latin America, following a similar move by Visa in July. This decision highlights a pattern of traditional financial institutions being cautious when working with the exchange. Binance has also announced the discontinuation of its crypto debit card services in the Middle East […]