PayPal’s PYUSD Report Provides Valuable Insight Into The Stablecoin’s Performance So Far
A new report has shown that the adoption of PayPal’s PYUSD stablecoin has seen less than favorable adoption rates since its inception.
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Insight
US Secret Service Shares Insight into Its Love for Crypto
To combat illegal crypto transactions, the Secret Service has successfully seized millions of dollars in cryptocurrency from criminals. The US Secret Service revealed that it trades crypto and owns a small collection of NFTs in an Ask Me Anything (AMA) session on Reddit. According to reports, the Secret Service also acknowledged
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Zero-Knowledge Technology Has Great Potential: FS Insight
The technology has a range of uses in areas including privacy, security, scalability, interoperability and sovereign identity, the report said. “ZK-tech has already seen product market fit in use cases such as privacy and authentication,” and it is expected that the ways in which the technology is implemented will increase
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FTX Lawyers Attempt to Question Bankman-Fried’s Family and Inner Circle for Financial Insight – Bitcoin News
According to court documents in the FTX bankruptcy case, the company’s attorneys seek to subpoena FTX co-founder Sam Bankman-Fried, his brother Gabriel Bankman-Fried, and his parents, Joseph Bankman and Barbara Fried. Additionally, the attorneys intend to question some of Bankman-Fried’s top deputies, including FTX co-founder Gary Wang, ex-Alameda Research CEO
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Former FTX US Boss Promises to Share Insight on Exchange’s Operations
The former FTX boss said he will share details about what he knows of the exchange “in time”.Brett Harrison, the former President of the United States offshoot of the now-bankrupt FTX Derivatives Exchange has promised to share additional details about the operations of the trading platform. Harrison revealed this via
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Fanatics-Owned Candy Digital Raises $100M From Insight Partners, SoftBank
Candy Digital, a non-fungible token (NFT) startup majority-owned by Fanatics, has completed a $100 million Series A financing round co-led by Insight Partners and SoftBank Vision Fund 2 at a $1.5 billion valuation. The startup plans to use the funds to expand its NFT offerings across the global sports landscape
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An Insight into Peer-to-Peer (P2P) Lending
Peer-to-peer lending, also known as P2P lending, crowdlending, or social lending, allows borrowers to connect directly with lenders, bypassing the middleman normally involved when utilizing traditional banking systems. In a P2P lending scenario, lenders are typically referred to as “investors,” who loan money to qualified applicants. The intermediary website (P2P
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AOFEX Insight: Metaverse Boom | Coinspeaker
Metaverse is not a monotonous and simple entity. All experience here is developed in the form of social interaction. It can be deemed the next generation of more complex and 3D internet.Recently, Facebook has announced that it is creating a product team to work on “metaverse”. The team is led
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US FDIC seeks insight on banks’ role in cryptocurrency markets
The United States Federal Deposit Insurance Corporation is looking for information and public comments on banks' cryptocurrency-related activities.The FDIC is the major provider of deposit insurance to U.S. commercial and savings banks, originally created to address bank runs during the Great Depression. On Monday, the FDIC officially announced a request for public
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