Category: Blockchain

American financial services giant Paypal is on track to launch a new investor-focused product dubbed “Invest at Paypal.” Per a CNBC report, the offering is targeted at U.S customers. The revelation of this move was made by two sources familiar with the matter and comes the following report that Paypal has hired Rich Hagen, a market

US-based Bitcoin mining firm Genesis Digital Assets recently announced that it has bought an additional 20,000 Bitcoin mining machines from China’s biggest mining rig manufacturer, Canaan Creative Inc. Both companies announced the latest deal on Tuesday, August 31, but did not disclose the purchase order price. The purchase would be the largest known amount of

FTX.US, the United States subsidiary of FTX Derivatives Exchange, has announced the acquisition of LedgerX- a Commodity Futures Trading Commission (CFTC) licensed derivatives and options service provider. As contained in the official announcement, the financial commitment of the deal remains undisclosed, and it is pending the satisfaction of customary closing conditions. As a major player

The Monetary Authority of Singapore (MAS) has selected 15 firms with vested interests in the digital currency space to help develop its retail Central Bank Digital Currency (CBDC).  As published by the apex bank, the streamlined firms include six countries in total, including the host nation, Singapore. The rest of the four are from the United States

Over the past decade of operation, Luxembourg-based cryptocurrency exchange, Blockchain.com, has now successfully processed over $1 trillion in transactions on its platform. As unveiled in a blog post shared by the company’s Chief Financial Officer, Macrina Kgil, the company has attained the milestone with a major record of processing almost a third of all transactions

Celo, a mobile phone-focused blockchain platform, has announced a 100 million funding program, popularly known as the “DeFi for the people” fund, aiming to make DeFi accessible to the 6 billion smartphone users across the world. Celo is working in partnership with Ethereum-native protocols like Aave, Curve, Sushi, PoolTogether, 0x and UMA, and Ethereum infrastructure

After breaching the psychological price of $50K recently, Bitcoin (BTC) has ranged between the $46K and $48.5K level. The leading cryptocurrency was down by 4.86% in the last seven days to hit $47,106 during intraday trading, according to CoinMarketCap. Nevertheless, the number of BTC addresses sending to exchanges reached a monthly low of 4,831.226, as

According to a report by Research and Markets, a leading market research store, the global blockchain-as-a-service (BaaS) sector is anticipated to reach $15.8 billion by 2026 from the current $2.31 billion, recording a compound annual growth rate (CAGR) of 46.9%. Per the report: “Organizations are leveraging numerous advantages of BaaS services, comprising security, high

The gig economy’s growth will reshape the way of living and working style in the future, according to a report commissioned by a global gig platform Appjobs and Vinter, a regulated index provider specialised in crypto assets & blockchain technology. Thanks to the growth of blockchain technology and the gig economy over the last decade, the change

John Paulson, a renowned billionaire hedge fund manager, remains strongly against investing in cryptocurrencies. On Monday, August 30, Paulson had an in-depth interview with Bloomberg TV where he called cryptocurrencies a “bubble”, and their values will eventually plunge to zero. “I would say that cryptocurrencies are a bubble. Regardless of where they’re trading, today