DREX: Brazil’s Digital Real Currency
The Central Bank of Brazil has officially unveiled its anticipated central bank digital currency (CBDC) known as DREX, which stands for Digital Real Electronic Xchange....
PayPal Launches PYUSD Stablecoin
In a significant move aimed at transforming payments in web3 and digitally native environments, PayPal (NASDAQ: PYPL) has announced the launch of its fully backed...
USDC Circulation Drops 5.6%
A recent report from Coingecko has shed light on the circulating supply of some major stablecoins in the past 30 days, with interesting findings. According...
Ripple Wins Partial Victory In Securities Case
In a significant development, Ripple Labs achieved a partial victory in court on Thursday as a federal judge ruled that some of its XRP token...
Polygon Plans MATIC To POL Token Transition
Polygon, the Ethereum scaling solution, has unveiled plans for a technical upgrade to its native MATIC token, as part of its Polygon 2.0 roadmap. The...
Binance.US Resolves BCH Withdrawal Issue
Binance.US, a prominent cryptocurrency exchange, has taken steps to address concerns and provide clarity regarding recent FUD (Fear, Uncertainty, and Doubt) surrounding BCH (Bitcoin Cash)...
FBI Charges Moroccan In OpenSea Impersonation Case
In a joint announcement, Damian Williams, the United States Attorney for the Southern District of New York, and Christie M. Curtis, the Acting Assistant Director...
Digital Asset Investment Inflows Surge
Digital asset investment products experienced a resurgence in investor interest last week, as inflows reached an impressive total of US$136 million. This brought the cumulative...
Circle Considers Stablecoin Launch In Japan
Circle, the payment services company, is considering the issuance of a stablecoin in Japan following the implementation of legislation governing stablecoins on June 1, according...
Binance Upgrades Wallet Infrastructure For Enhanced Security
In its ongoing efforts to provide enhanced efficiency and heightened fund security for its users, Binance, one of the world’s leading cryptocurrency exchanges, has announced...