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Bitstamp crypto exchange to raise funds for global expansion: Report
Bitstamp, one of the world’s longest-running cryptocurrency exchanges, is moving forward with its global expansion ambitions, reportedly working to raise new…
Binance sold USDC for BTC and ETH after Silvergate Bank collapse: PoR report
Cryptocurrency exchange Binance released its latest proof-of-reserves (PoRs) on Aug. 1, offering transparency into its crypto reserves. However, the movement of…
Bitcoin bears ‘in control but exhausted’ as BTC price retakes $29K
Bitcoin (BTC) recovered above $29,000 on Aug. 8 as one trader eyed a potential breakout already underway.BTC/USD 1-hour chart. Source: TradingViewBTC price teases…
PayPal stablecoin launch sparks wave of fake PYUSD tokens
Less than 16 hours have passed since the launch of PayPal’s new stablecoin (PYUSD), and opportunists, degens and potential scammers are already attempting to cash…
Boon for Ethereum but not decentralization, says community
Paypal’s new Ethereum-based stablecoin, PYUSD has been seen as bittersweet news for the crypto community. While it could finally see Ethereum find its place in…
Cypher Protocol freezes smart contract after an estimated $1M exploit
Solana-based decentralized futures exchange Cypher Protocol halted its smart contract after an estimated $1 million exploit.On Aug. 7, Cypher alerted its 13,500…
BlackRock’s misguided effort to create ‘Crypto for Dummies’
BlackRock, a multinational investment company, shocked many in the cryptocurrency industry in June when it filed an application for an exchange-traded fund (ETF),…
China’s risky Bitcoin court decision, is Huobi in trouble or not? Asia Express –…
Our weekly roundup of news from East Asia curates the industry’s most important developments.
Chinese man’s $10M loss as court says Bitcoin…