Paxos confirms it’s responsible for $500K mistaken Bitcoin transaction
The account that overpaid $500,000 in fees on Sept. 10 for a Bitcoin transfer belonged to Paxos, according to a Sept. 13 statement from the company. Paxos claimed…
Bitcoin at $25K: Discount or disaster?
In the latest episode of The Market Report, Cointelegraph analyst Marcel Pechman delves into Bitcoin’s (BTC) latest bounce at $25,000, which some analysts and…
Bitcoin price reacts as 3.7% CPI sees inflation jump beyond forecasts
Bitcoin (BTC) saw snap volatility on Sept. 13 as United States macroeconomic data showed inflation beating expectations.BTC/USD 1-hour chart. Source:…
Are DAOs overhyped and unworkable? Lessons from the front lines – Cointelegraph Magazine
Ask 10 different people to define a decentralized autonomous organization (DAO), and you’ll likely get 10 different definitions. But there is at…
BNB Chain Optimism-powered layer-2 opBNB hits mainnet
The BNB Chain blockchain ecosystem is set to tap into Optimism's rollup technology powering its newly launched opBNB layer 2 scaling platform.BNB Chain announced…
North Korea’s Lazarus Group responsible for $55M CoinEx hack: Report
The attack on crypto exchange CoinEx, which drained at least $55 million, was carried out by the North Korean hacker group Lazarus, according to blockchain…
Crypto ahead in fintech investments in France and Germany in 2023: Report
In the midst of the global fintech market downturn, the crypto and blockchain sector managed to become a leader in investments in a number of major European…
Opera browser debuts stablecoin wallet MiniPay in Africa
The web platform Opera revealed its plans to launch a non-custodial stablecoin wallet integrated into its mobile web browser which will be made available to its…
Polygon co-founder – $1B bet on ZK-rollups paying off
Polygon co-founder Sandeep Nailwal believes the layer 2 blockchain firm is reaping the benefits of allocating $1 billion to develop zero-knowledge proof…
PayPal PYUSD stablecoin is 100% backed: Paxos transparency report
Stablecoin issuer Paxos has published the first transparency report for the Ethereum-based stablecoin PayPal USD (PYUSD), stating that the coin is fully backed by…