PayPal faces SEC action related to PYUSD stablecoin: Official
[CoinTelegraph] PayPal was the first large fintech firm to adopt digital currencies for payments and transfers after launching its stablecoin in August. PaymentgiantPayPalhasreceivedasubpoenafromtheUnitedStatesSECregardingitsU.S.dollar-peggedstablecoin.
Abu Dhabi Global Market Unveils New Regulations for Web3 Firms
[CryptoNews] Source: AdobeStock / VAKSMANV Abu Dhabi seeks to beef up its web3 landscape with new guidelines for blockchain-based firms as its crypto hub is projected to grow in the…
EigenLayer Launches Voting Contest To Onboard New LSTs
[TheDefiant] EigenLayer, the pioneering Ethereum restaking protocol, launched a contest for liquid staking token issuers hoping to secure an integration on the platform. On. Nov. 1, EigenLayer tweeted that whitelisted…
Swiss wholesale CBDC pilot kicks off in alliance with central, commercial banks
[CoinTelegraph] The Swiss wCBDC pilot project will be hosted on SDX and use the infrastructure of Swiss Interbank Clearing. CBDC #CentralBank #Banks #Switzerland #SwissFranc
Modulus Labs Completes $6.3 Million Funding to Integrate Cryptographic Security Into AI
[CryptoNews] Source: Pexels / Tara Winstead Artificial Intelligence (AI) startup Modulus Labs, a project that integrates AI and crypto, has raised $6.3 million in seed funding. The project announced the…
TradFi gets crypto boost: Renegade joins Cointelegraph Accelerator
[CoinTelegraph] Cointelegraph Accelerator welcomes Web3-friendly fintech platform Renegade to its program. DeFi #Blockchain #Fintech #Finance #Banking #Applications #CointelegraphAccelerator
Bitcoin’s Price Taps $36K, Solana (SOL) Soars Another 12% Daily: Market Watch
[CryptoPotato] Bitcoin’s price soared today, tapping $36K before retracing to where it’s currently trading at around $35,300. The cryptocurrency charted a multi-month high. At the same time, Solana (SOL) keeps…
Tether issues $610M debt financing to Bitcoin miner Northern Data
[CoinTelegraph] In September 2023, Tether also invested an undisclosed amount in Northern Data in a move backing AI initiatives. Tether #Stablecoin #BitcoinMining #Dollar
UK to invest 300M pounds in 2 AI supercomputers; Harris presses for AI safety
[CoinTelegraph] The U.K. says the investments will help its local scientific talent have the tools they need to ensure that the most advanced AI models are up to safety standards.…
Ripple’s legal chief questions SEC case losses under Gensler
[CoinTelegraph] Stuart Alderoty expressed concern about the SEC’s repeated arbitrary and capricious actions in court cases, suggesting a troubling pattern under Gensler’s leadership. SEC #Ripple #Tokens #Law
UK’s National Crime Agency Seeks to Set Up Specialized Team to Combat Cryptocurrency Scams and Fraud
[CryptoNews] Source: AdobeStock / Mary The United Kingdom’s National Crime Agency (NCA) is taking a proactive stance against the rising threat of cryptocurrency scams and fraud. In response to the…
New BTC price breakouts see Bitcoin traders confirm targets up to $48K
[CoinTelegraph] Bitcoin is attempting to ditch the past week’s trading range, but longer timeframes reveal the potential for much more BTC price upside, predictions show. Bitcoin #BTCprice
Why is the Ripple (XRP) Price Up Today?
[CryptoPotato] TL;DR Ripple’s XRP price surged to $0.62, potentially due to successive legal victories against the SEC, including a partial win in July and dismissal of charges against Ripple executives.…
Bavarsis: Redefining Investment in the Modern Age
[CryptoPotato] [PRESS RELEASE – SYDNEY, New South Wales, November 2nd, 2023] In the rapidly evolving crypto market, companies like Bavarsis are making notable contributions by harnessing the power of cutting-edge…
Wave Goodbye to the Bear Market, Prepare for the Bull Run at “Blockchain Genesis, Thailand Blockchain Week 2023” on November 11-12 at Samyan Mitrtown
[CryptoPotato] [PRESS RELEASE – Bangkok, Thailand, November 2nd, 2023] In an era where “blockchain” is a highly searched and discussed term while the current cryptocurrency market is experiencing volatility and…