PayPal faces SEC action related to PYUSD stablecoin: Report
Payment giant PayPal has received a subpoena from the United States Securities and Exchange Commission (SEC) regarding its U.S. dollar-pegged stablecoin.The…
Tether issues $610M debt financing to Bitcoin miner Northern Data
Tether (USDT) stablecoin issuer is raising the bet on Bitcoin (BTC) mining by issuing a major debt facility to German-based BTC mining company Northern Data…
Trader exploits Multichain opening to turn $280k to $1.9M; community suspects insider job
A wallet address turned nearly 1.9 million FTM worth $280,000 to $1.9 million within hours of exploiting the long-frozen Multichain Bridge opening momentarily,…
Top Swiss bank launches Bitcoin and Ether trading with SEBA
Switzerland’s St.Galler Kantonalbank (SGKB), one of the largest banks in the country, is moving into cryptocurrency by introducing Bitcoin (BTC) and Ether (ETH)…
Axie Infinity developer brings Japanese Web2 games to Ronin
On November 2, Sky Mavis, the developer behind the popular monster-battle nonfungible tokens (NFT) game Axie Infinity, announced a partnership with Korean gaming…
Spot ETF-induced Bitcoin rally isn’t guaranteed to stick: Analysts
While the approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) will likely spike the price of Bitcoin, some analysts are concerned it won’t be enough to…
Elon Musk slams NFTs but ends up arguing the case for Bitcoin Ordinals
While publicly mocking non-fungible token (NFTs) during a podcast, Tesla CEO and billionaire Elon Musk appears to have inadvertently highlighted the case for…
Solana gains 80% in a month as Firedancer goes live on testnet
Solana (SOL) has posted 30-day gains of nearly 81%, and has rallied over 30% in the past week amid the testnet launch of the blockchain’s loawaited scaling…
MicroStrategy’s Bitcoin bag is up $900M amid BTC price surge
Business intelligence firm MicroStrategy has notched a paper gain of $900 million on its stack of 158,400 Bitcoin, spurred by optimism over the potential approval…
Lazarus used ‘Kandykorn’ malware in attempt to compromise exchange — Elastic
Lazarus Group used a new form of malware in an attempt to compromise a crypto exchange, according to an Oct. 31 report from Elastic Security Labs. Elastic has…