PayPal stablecoin launch sparks wave of fake PYUSD tokens
VibcryptoLess than 16 hours have passed since the launch of PayPal’s new stablecoin (PYUSD), and opportunists, degens and potential scammers are already attempting to cash in on the hype with…
China’s risky Bitcoin court decision, is Huobi in trouble or not? Asia Express – Cointelegraph Magazine
Our weekly roundup of news from East Asia curates the industry’s most important developments. Chinese man’s $10M loss as court says Bitcoin lending not protected by law A man in…
Universities are ‘critical players’ for the future of Web3 — LBank Labs exec
Universities have a “critical” role to play in nurturing the next generation of Web3 talent, and academia must understand it to guide students toward the right vision, according to Czhang…
UAE signs deal to develop carbon credit system on Venom Foundation blockchain
The United Arab Emirates (UAE) Ministry of Climate Change and Environment (MCCE) is developing a carbon credit system in a preliminary partnership with Industrial Innovation Group and Venom Foundation.Blockchain technology…
Decentralized asset management system launches for Arbitrum, Optimism
Decentralized asset management platform Valio has launched publicly, according to an announcement from the platform’s team. The new protocol allows users to have their funds managed by professional traders but…
Binance sold USDC for another stablecoin — Coinbase CEO
Coinbase CEO Brian Armstrong’s comments to a question about the USD Coin (USDC) stablecoin during the company’s second-quarter earning calls raised some eyebrows. While commenting on the market cap of USDC,…
Paypal launches stablecoin for payment
American financial technology company PayPal launched a new crypto stablecoin called PayPal USD (PYUSD) on Aug. 7. The new US dollar-backed stablecoin will be issued by Paxos Trust Co. and fully…
Worldcoin expects more companies to integrate in the coming months, says product head
Worldcoin has been in the spotlight since its launch on July 24, with users lining up to scan their irises for a digital ID and others questioning its methods for…
UK to expand crypto crime agency, hiring spree underway
The United Kingdom's National Crime Agency (NCA) wants to expand its digital assets investigation team by hiring four senior investigators for its Complex Financial Crime Team (CFCT) that will work…
Crypto-centered public companies record profit beating Q2 estimates
A number of crypto-centred public companies released their quarterly earnings report over the past couple of weeks, sharing increased revenue and a jump in profits across the board. The majority…