Crypto News
Paypal’s PYUSD Supply Swells by $140.9M in 10 Days, Becomes Sixth Largest Stablecoin
According to statistics, Paypal’s PYUSD stablecoin has surpassed Tron’s stablecoin USDD becoming the sixth largest dollar-pegged token by market capitalization. Over the past ten days, PYUSD’s supply has swelled by $140.9 million. Paypal’s PYUSD Nears $1B Milestone The stablecoin asset issued by Paypal is now the sixth largest stablecoin asset today after growing significantly overSource link
Mastercard Is Betting on Crypto—But Not Stablecoins
Global commerce will soon live on-chain, an exec tells Decrypt, and traditional banks could be the center of that new system.Source link
Nigeria Seizes $37.5M in Digital Assets After Court Grants Freezing Order
The Nigerian government has seized approximately $37.5 million in digital assets from the organizers of the Endbadgovernance protests. The funds were frozen by a court order based on a claim by the Economic and Financial Crimes Commission, which alleged that the money was linked to money laundering and terrorism financing. Nigerians Feel Economic Pain TheSource link
As Governments Embrace Bitcoin, Could It Become a Privacy Threat?
Privacy-focused Bitcoin advocates are raising alarms that governments could use the top blockchain to surveil citizens. Are they right?Source link
BitMEX Lists BANANAUSDT Perpetual Swap with Up to 10x Leverage
BitMEX has launched the BANANAUSDT perpetual swap, allowing traders to leverage up to 10x. Trading began on August 16, 2024. (Read More)Source link