PayPal aiming for DeFi push after stablecoin launch – SVP Blockchain, crypto

PayPal intends to continue its push into the crypto industry by integrating its newly launched stablecoin PYUSD with the decentralized finance (DeFi) ecosystem. PayPal’s senior vice president of blockchain, crypto, and digital... Read more »

Bitcoin’s sideways price action leads traders to focus on SHIB, UNI, MKR and XDC

Bitcoin (BTC) is on track to form two successive Doji candlestick patterns on the weekly charts but a positive sign is that the price is sustaining above the 20-week exponential moving average... Read more »

Ethereum MEV incentives limit decentralization new report shows

On blockchain networks like Ethereum, decentralized validation underpins the entire ecosystem. Yet paradoxically, the highly-technical process of constructing the blocks that store transactions may be quietly accruing influence in the hands of... Read more »

Bitcoin bought by corporate giants should not be feared — Michael Saylor

During a recent podcast interview, MicroStrategy’s Michael Saylor expressed the opinion that large corporations purchasing and holding Bitcoin (BTC) in their custody should not be a cause for concern. While speaking to... Read more »

Using courts for every crypto issue will squash innovation: Grayscale CEO

Grayscale Investments CEO, Michael Sonnenshein, highlighted a potential negative outcome for the United States economy if the Securities and Exchange Commission (SEC) continues to take a one-by-one approach to regulating the cryptocurrency... Read more »

The SEC is exceeding its authority and encroaching on Congress’ lawmaking: Senator Lummis

U.S. Senator Cynthia Lummis filed an amicus brief on August 11 supporting Coinbase’s motion to dismiss against the U.S. Securities and Exchange Commission (SEC) lawsuit. Drawing attention to the Lummis-Gillibrand Responsible Financial... Read more »

Sam Bankman-Fried arrested as bail is revoked

Sam Bankman-Fried, the founder and former CEO of FTX, has had his bail revoked and will now be held in prison, Reuters said on Aug. 11. That report indicates that U.S. District... Read more »

SEC decision on Bitcoin ETFs won’t leave out Wall Street giants

The Securities and Exchange Commission’s (SEC) delay in deciding whether to approve a spot Bitcoin exchange-traded fund (ETF) in the United States is fueling expectations that a final verdict will come in a... Read more »

US gov’t debt downgraded — Huge news for Bitcoin?

On this week’s episode of Macro Markets, Cointelegraph analyst and writer Marcel Pechman explores the United States debt downgrade by Fitch Ratings. According to Pechman, this change signaled diminished confidence in the... Read more »

Bitcoin Olympics invites DeFi visionaries to contest in $100,000 hackathon

Bitcoin (BTC) Startup Lab announced the second edition of its Bitcoin Olympics Hackathon, where innovators stand to win over $100,000. The competition will pit several contestants pitching their ideas for the Bitcoin... Read more »