PYUSD market cap rises 150% following Solana launch
PayPal’s stablecoin participation on both Ethereum and Solana ecosystems are practically evenly split, as PYUSD inches close to $700 million. PayPal USD (PYUSD) market cap leaped by 150% since its…
Binance
Tether’s USDT supply surpasses $115 billion amid crypto market resurgence
Tether is set to grow its compliance team as part of its workforce expansion strategy. Tether’s (USDT) stable coin has reached a historic milestone of exceeding $115 billion in supply,…
Fed escalates Operation Checkpoint 2.0 crackdown against crypto – Winkles
Gemini’s Winklevoss warns of harsher Fed actions if Vice President Kamala Harris wins the November election. Gemini co-founder Tyler Winklevoss believes that Operation Chokepoint 2.0 “is alive and well” following…
FTX debtors seeking SBF’s seized assets, customers file counterclaim
The assets include airplanes, funds held at various banks, shares of Robinhood stock once owned by SBF, and even political contributions linked to FTX executives. The aftermath of the FTX…
BitFlyer acquires FTX Japan, intends to revamp exchange into crypto custodial firm
BitFlyer said it will reboot FTX Japan as a digital asset custodial firm targeted at institutional investors BitFlyer, one of Japan’s largest crypto exchanges, agreed to acquire the Japanese subsidiary…
OKX to exit Nigeria amid regulatory hurdles, sets August deadline for users
The Nigerian government has recently intensified its regulatory crackdown on crypto platforms in the country. Crypto exchange OKX has informed Nigerian clients that they have until Aug. 16 to close…
OKX chooses Malta as MiCA hub to serve 450 million EU residents
OKX said it selected Malta to leverage the country’s high regulatory standards. Crypto exchange OKX selected Malta as its Market in Crypto-Assets (MiCA) hub to serve 450 million EU residents,…
Binance.US secures court approval to invest $40 million in US Treasury bills
The investment will use certain customer fiat funds. A US court has granted Binance US permission to invest certain customer fiat funds, currently held at BitGo, in US Treasury Bills.…
