In the rapidly evolving cryptocurrency and digital asset landscape, auditing and transparent reporting issues for stablecoins remain unresolved challenges. Despite this uncertainty, PayPal, a prominent player in the financial technology space, has embraced innovation by introducing its own stablecoin, PYUSD. Considering that PayPal primarily engages in traditional fiat transactions, this move may initially raise eyebrows. However, a closer look reveals the company’s long-standing involvement and strategic partnerships in the cryptocurrency space. PayPal’s journey in the cryptocurrency domain dates back to 2014 when it started partnerships with various cryptocurrency companies. This initial phase allowed users to buy and sell their chosen…
Author: Crypto Flexs
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Withdrawals are coming! The Shapella network upgrade will be activated on the Ethereum network in epochs. 194048Estimated for April 12, 2023 22:27:35 UTCStakers and node operators should read this post along with this one. Withdrawal FAQFrom now until April 5th, Ethereum Bug Bounty Rewards for Shapella vulnerabilities have been doubled.You can now sign up to receive emails about these upgrade announcements. scroll to bottom of page Like that 📩 After smooth Görli transition, the client team scheduled a Shapella upgrade for mainnet activation. The agreement was reached quickly, on April 12th. 157th AllCoreDevs Execution Layer Conference. This upgrade includes: absorption…
Cryptocurrency hedge fund Pantera Capital said a sector of the digital asset industry could attract a new wave of users as it announced a collaboration with a secretive project. In a new blog post, decentralized autonomous organization (DAO) Merit Circle (MC) revealed that it is collaborating with Pantera Capital as a means of strengthening Beam (BEAM), a gaming ecosystem powered by layer-1 blockchain Avalanche (AVAX). “We are excited to share that we are forming a strategic partnership with industry-leading investor Pantera Capital. We are very excited to welcome such a renowned fund as a BEAM holder and receive support in…
Buying houses and land with cryptocurrency has never been easier, thanks to forward-thinking real estate partners. Buyers can purchase the property outright or make monthly mortgage payments directly from their cryptocurrency wallet.Whether you’re buying a new family home, a vacation home, or a real estate investment, learn how to buy property with cryptocurrency.The rise of cryptocurrency real estate As consumers rally around blockchain-based payments for everyday purchases, real estate companies are taking notice and responding. Blockchain technology is challenging the status quo in the real estate industry. Early cryptocurrency adopters and traders are creating massive amounts of wealth and using…
Cardano (ADA) is gaining momentum above the $0.40 resistance line. ADA may rebound if there is a clear move above the $0.432 and $0.450 resistance levels. ADA price is rising above the $0.400 pivot level. The price is trading above $0.415 and the 100 simple moving average (4-hours). On the 4-hours chart of the ADA/USD pair, there is a major bullish trend line forming with support near $0.410 (data source from Kraken). The pair may go higher towards the $0.500 level or even $0.550. Cardano price begins steady rise After forming a base above the $0.3750 level, Cardano began a…
YouTuber Tiffany Fong interviewed Sam Bankman-Fried’s cellmate. Bankman-Fried, the former head of the FTX cryptocurrency exchange, was jailed at the Brooklyn Metropolitan Detention Center (MDC) after violating the terms of his house arrest. There, he ended up sharing a cell with a man named Gene Borrello, a former gangster who was allowed to leave prison in exchange for providing valuable information about his gang. Judging by Borrello’s words, Sam’s future prospects in prison are not good. He was described as a shy man with poor health. After his fraud trial, a jury found him guilty on all seven charges. Sentencing…
Cathie Wood’s Ark Invest sold more shares of Coinbase and Grayscale Bitcoin Trust on Tuesday, selling 237,572 COIN ($33.3 million) and 168,127 GBTC ($5.9 million) amid continued price gains, according to the company’s latest report. It appeared, deal documents show.In one of its highest daily offloads this year, Ark sold 28,535 shares ($4 million) from the Fintech Innovation ETF, 7,326 shares ($1 million) from the Next Generation Internet ETF, and 201,711 shares ($28.3 million) from the Innovation ETF. . Ark sold 10,218 shares ($1.4 million) of Coinbase stock on Monday, following the sale of $15 million worth of Coinbase stock…
Recently, Riot Platforms, a big player in the Bitcoin mining market, made a big move by purchasing 66,560 Bitcoin mining rigs from MicroBT. This acquisition was a significant move. The acquisition marks one of the most significant expansions in the company’s history and is estimated to be worth approximately $290.5 million. Riot Platforms demonstrated its commitment to expanding its mining capabilities with the announcement of this deal, especially in light of the Bitcoin halving scheduled for April 2024. Riot Platforms’ acquisition of this mining equipment is a strategic move the company is taking to strengthen its position in the cryptocurrency…
On December 4, the Singapore government announced its ambitious National AI Strategy 2.0, building on the first AI strategy introduced in 2019. This updated strategy outlines a comprehensive roadmap for the next three to five years, aiming to position Singapore at the forefront of AI. Innovation and application. The revised strategy emphasizes a three-pronged approach targeting important social aspects: drivers of activity, people and communities, infrastructure and the environment. It is a systematic effort that includes 10 levers and 15 action steps to effectively orchestrate the AI ​​ecosystem​​​​. Central to this strategy is a significant expansion of AI talent. Singapore…
A double-digit surge propelled the meme cryptocurrency. Dogecoin It surpassed $0.10 for the first time in a year.that much Dogecoin price It is currently up 16.8% on the day to just over $0.103285 as the altcoin follows Bitcoin’s bullish price action and the meme coin celebrates its 10th anniversary today. Dogecoin was originally launched on December 6, 2013 by creators Billy Markus and Jackson Palmer.According to data from CoinGecko, the last time Dogecoin hit $0.10 was exactly one year ago, on December 7, 2022.Despite the recent price action, the cryptocurrency has a long way to go before regaining its all-time…