Cryptocurrency Analysis and News Portal
PayPal’s stablecoin, PYUSD, made its debut on August 7. Explore PYUSD, what it means for crypto, and how the community reacted. The financial landscape, long accustomed to gradual evolution, witnessed a seismic shift on August 7 when PayPal, a vanguard of financial technology, introduced PYUSD, its US dollar-based stablecoin. Today, we’re unveiling
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Amid the regulatory struggles in the United States, crypto exchange Coinbase has decided to bring its business abroad with a global platform. Following this, members of the crypto community expressed their opinions, with some criticizing the Securities and Exchange Commission (SEC) and others expressing confidence in crypto’s future. On May 2,
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Nonfungible token (NFT) marketplace Blur has recently launched its collateralized lending protocol called Blend, allowing a buy now, pay later approach in purchasing NFTs. Members of the community had varying reactions. Some believe that it’s massive for the space while others called on the United States Securities and Exchange Commission (SEC)
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The recently reintroduced seasonal ban on cryptocurrency mining has provoked backlash from the local crypto community. This week, the country’s power distribution company ordered miners to suspend activities citing electricity shortages during the hot summer months. Restrictions on Crypto Mining Are Ousting Iran From Global Coin Minting Industry, Critics Say After last
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The Solana team has brought mobile phones to Web3 after revealing Saga, Solana’s Android mobile device that will go out with the project’s latest stack for Web3 developers, the Solana Mobile Stack. The community welcomed the new development with various reactions from comparing the project to Apple and Ethereum to bringing up
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Reports that Terra (the new LUNA orLUNA2) founder Do Kwon allegedly withdrew $80 million monthly before the project crashed surfaced Friday, leading members of the community to voice their opinions on the matter.In a tweet, crypto trader and analyst Michaël van de Poppe said that Kwon deserves imprisonment. He compared
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Meanwhile, India is on the verge of passing a proposal that would levy a 30% tax on any income generated from crypto transactions, and the country has plans to introduce a central bank digital currency (CBDC), or digital rupee, by the end of the year. When it comes to regulating
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Although the People’s Bank of China (PBOC) has not officially released a report on the test, analysts are positive on the overall score on the digital yuan public test.The People’s Republic of China through the People’s Bank of China (PBOC) completed the one-week-long public test on the new Digital Yuan
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On today’s episode, we’re talking markets reaction to UpBit exchange hack, crypto liquidity, and VeChain’s November rally. Source
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