Kraken announced on Aug. 18 that it had added support for PayPal’s stablecoin, also known as PayPal USD or PYUSD. The cryptocurrency exchange said that deposits and withdrawals of PYUSD are currently... Read more »
Non-fungible token issuer Yuga Labs suggested on Aug. 18 that it will discontinue support for parts of OpenSea’s trading platform. Yuga Labs responded to an Aug. 17 announcement from OpenSea in which... Read more »
The U.S. Securities and Exchange Commission (SEC) moved to file an interlocutory appeal against Ripple on Aug. 18 as part of its ongoing case against the firm. Judge Analisa Torres in the... Read more »
In an Aug. 17 meeting, Ethereum developers discussed developments around a new testnet — named ‘Holesky’ — that is set to launch on Sept. 15. Parithosh Jayanthi, DevOps at the Ethereum Foundation,... Read more »
Mastercard is partnering with Ripple, Consensys, and other blockchain companies on a central bank digital currency program. On Aug. 17, the payments giant announced its CBDC Partner Program, including other inaugural partners... Read more »
SpaceX’s Bitcoin (BTC) holdings have declined over a two-year period, according to a report from the Wall Street Journal on Aug. 17. According to WSJ, SpaceX wrote down its Bitcoin holdings by $373... Read more »
Shiba Inu’s highly anticipated layer2 network Shibarium mainnet launch started to a rocky start with the network recording stuck transactions and funds. Blockchain security firm Beosin disclosed that about $1.7 million worth... Read more »
Binance.US’s parent company’s request for a protective order on Aug. 14 to prevent securities regulators from making excessive demands may be on shaky grounds, according to one former official. In its original... Read more »
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 »
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 »
