Category: DeFi
PayPal And Paxos Trust Partners, Launches PYUSD Stablecoin
PayPal has taken one step ahead to solidify its presence in the cryptocurrency industry. The company has announced the launch of its stablecoin, PayPal USD…
NFT Market Crashes, Loses $1.5 Billion, As Market Cut Royalties
There is rising tension between NFT creators and their traders following an ugly decline in the NFT market. Reports say that the recent market crash…
Revolut Restricts Cryptocurrency Trading Service From Its U.S. Customers
Revolut, a British-based fintech App, had decided to pull the plug on their United States customers. This happened after the company pulled out of a…
Defi Creditors Moves To Reduce Contagion From Michael Egorov’s Debt
Latest update on the Curve Finance says that lenders are taking precautions to protect their assets following the recent hacking event that attacked the Decentralized…
MKR, XDC, DOGE, Others Gather Momentum, As BTC Maintains Range
The movement of BTC in recent times has been stuck in a narrow price range for quite some time now. Buy on a slightly positive…
Peru Goes Stricter On Crypto, Warns Exchanges To Observe AML Rules
A recent news report revealed that the government of Peru had tightened its cryptocurrency regulations and warned crypto exchanges and projects to abide by and…
Russia Allows Bailiffs To Seize Virtual Rubles From Individuals And Firms
A recent news report revealed that the Russian government had approved its bailiffs the right to seize virtual rubles from individuals and companies as the…
U.S. Justice Department Seeks To Put Sam Bankman-Fried Behind Bars
A recent report revealed that the justice department of the United States wants the former FTX exchange CEO, Sam Bankman-Fried (SBF), remanded behind bars as…
DOGE Experience Explosive Trading Volume, Traded 500+% On Bit2C
Dogecoin (DOGE) is currently gaining popularity among cryptocurrency enthusiasts due to an astonishing increase in trade volume. Data from a Tel Aviv-based exchange, Bit2C states…
Ripple CEO Claimed SEC Prioritizes Politics and Power Over Good Policy
The recent news report revealed that the CEO of Ripple Labs, Brad Garlinghouse, claimed that the United State Securities and Exchange Commission seems to be…
