Crypto News
FV Bank Integrates Paypal’s PYUSD Stablecoin for Real-Time Transactions
FV Bank, a U.S.-licensed digital bank, has announced the integration of Paypal USD (PYUSD), a stablecoin, into its banking platform. This addition expands the bank’s stablecoin offerings, enabling direct deposits and outbound payments for account holders. FV Bank Enables Paypal Stablecoin for Instant Cross-Border Payments FV Bank‘s newly implemented feature allows customers to receive PYUSDSource link
Bitcoin Heads to $90K as Crypto Selloff Gathers Steam
U.S. stock markets were closed on Thursday in remembrance of former President Jimmy Carter, but crypto is 24/7 and is bearing the entire brunt of any nervousness ahead of tomorrow's December employment report.In late-afternoon action, the price of bitcoin (BTC) had returned to levels not seen in more than a month, barely holding on above $91,000 and down about 3% over the past 24 hours.The broader CoinDesk 20 Index is down similarly, but notable underperformers include solana (SOL) and chainlink (LINK), both off by double-digit percentage amounts.The continued selloff in crypto comes following a major fourth quarter 2024 rally spurred by Donald Trump's November victory and the hope of a friendlier regulatory environment out of Washington D.C. Another leg on...
Bitdeer Reports a 3% Drop In Self-Mined Bitcoin Production
A look at Bitdeer’s operational update revealed a drop in its mining output in Dec. 2024, although its bitcoin holding remains healthy. Bitdeer Repays $10 Million Principal Balance on Senior Notes Despite Drop in BTC Production Bitdeer’s latest mining and operational update showed that its self-mining output in Dec. 2024 was 145 BTC, a 3%Source link
Bit Digital’s Crypto Holdings Increase to 742 BTC and 27,624 ETH
Despite the decline in BTC mining output, Bit Digital increased its BTC and ETH holdings through diversification in both assets. Strategic Diversification Key to Bit Digital Crypto Holdings Bit Digital, a bitcoin mining firm produced 32.4 BTC in Dec. 2024, a 27.8% drop from the previous month. This is according to the company’s production updateSource link
Rena Labs Secures $3.3M Funding to Pioneer Trustless On-Chain AI Solutions
PRESS RELEASE. January 9th, 2025 –– Rena Labs, the startup aiming to enable the next generation of autonomous and verifiable AI solutions, has announced the successful closure of a $3.3 million pre-seed funding round led by Paper Ventures. The company attracted investment from a number of high-profile venture capital firms, among them Lightspeed Faction, EternaSource link