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Crypto Currency
Crypto currency is a digital or virtual form of currency that uses cryptography for security, making it difficult to counterfeit. These decentralized systems are based on blockchain technology—a distributed ledger enforced by a network of computers. Cryptocurrencies like Bitcoin and Ethereum offer a new way of transactions without the need for traditional banks. They have become popular for their potential for high returns, privacy, and their challenge to conventional financial systems.
PayPal’s PYUSD stablecoin will be listed on Coinbase
Coinbase stated on August 30 that it will shortly introduce support for PayPal's stablecoin, PYUSD, as...
Bitcoin jumps after Grayscale wins lawsuit against SEC
The D.C. court decided that the SEC rejected the Bitcoin spot ETF in error. The court...
Within 3 months, Bitcoin miners’ revenue dropped by half
Hash rate and difficulty, two of the most fundamental metrics of the Bitcoin network, have both...
Binance stops crypto card services in LATAM & Middle East
According to announcement, Binance Card, a cryptocurrency debit card enabled by the exchange, will be discontinued...
Coinbase suspends USDT, DAI, & RAI trading for Canadian user
Coinbase will discontinue support for Tether (USDT), DAI, and RAI for Canadian users on August 31....
Valkyrie proposes an Ethereum futures ETF
According to a Securities and Exchange Commission (SEC) filing on August 16, Valkyrie Investments has filed...
Russian central bank will launch digital ruble on Aug 15
On August 9, Russia's central bank announced that it will begin testing its digital ruble with...
Binance Labs invests $5M in curve DAO Token after $60M hack
On August 10, Binance Labs announced a $5 million investment in Curve DAO Token (CRV) in...
Visa introduces new way to pay for ETH with your credit card
Visa is making significant strides toward making blockchain transactions more simple. The payment giant has been...
PayPal has finally released a stablecoin backed by US dollars
As the first major financial technology company to accept digital currencies for payments and transfers, payments...
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