Payments and cryptocurrency exchange Crypto.com has taken a significant step towards broader crypto adoption by integrating PayPal USD (PYUSD) as a “preferred” exchange for the stablecoin. The partnership between Crypto.com, payments giant PayPal, and blockchain infrastructure company Paxos aims to drive the global adoption of cryptocurrencies. The CEO of Crypto.com, Kris Marszalek, expressed his enthusiasm
Blockchain
The integration of cryptocurrency mining in traditional industries continues to expand, with Argentinian oil producer Tecpetrol announcing its plans to mine cryptocurrencies using associated gas. This innovative approach to crypto mining allows the company to make use of the gas produced during the oil extraction process, generating electricity to power mining rigs. Tecpetrol’s move signifies
The United States Securities and Exchange Commission (SEC) has recently objected to the inclusion of Coinbase in the bankruptcy and reorganization plan proposed by crypto firm Celsius Network. Last week, Celsius revealed its intention to utilize Coinbase for the distribution of digital assets to its international customers, seeking approval from the court. However, the SEC
In a surprising turn of events, well-known crypto influencer Ben Armstrong, previously known as BitBoy Crypto, was arrested by the police while live-streaming on YouTube. The arrest took place during a live session that was eagerly anticipated by his followers, as Armstrong had mentioned that he would be broadcasting from a unique and special location.
Cryptocurrency trading firms in Hong Kong have recently come under scrutiny due to a major fraud case that resulted in significant losses for investors. The Securities and Futures Commission (SFC), the financial watchdog in Hong Kong, has announced that it will publish a list of cryptocurrency trading firms that have applied for licenses to operate
ConsenSys, a prominent Ethereum software company, has recently announced that it will be sunsetting Truffle and Ganache, two widely used toolkits in the Ethereum development community. This decision comes as ConsenSys redirects its focus towards MetaMask toolkits like Snaps and SDK, with the goal of empowering developers and accelerating the development of its products. While
Busan, a city in South Korea, has announced its plans to launch a blockchain-powered digital assets trading platform known as the Busan Digital Asset Exchange (BDX). This long-awaited exchange aims to tokenize valuable assets such as raw materials and precious metals, using blockchain technology. The city officials have expressed their intention to establish the exchange
US retail giant Walmart has recently made a foray into the metaverse, joining other corporate entities in capitalizing on the growing popularity of platforms like Roblox. However, Walmart’s strategy has come under fire for targeting children, raising concerns about ethical advertising practices and the potential exploitation of young users. This article delves into the criticism
In a surprising turn of events, Donald Trump Jr.’s social media account, formerly Twitter, was hacked for approximately 30 minutes recently. During this time, a series of wild tweets were posted, touching on various controversial topics. These tweets included false information about Donald Trump Sr.’s death and a declaration from the hacker that he would
FTX, the bankrupt crypto exchange, has recently made headlines as it takes legal action against the parents of its founder and former CEO, Sam Bankman-Fried. This shocking move comes amidst accusations of fraudulent activities that have left FTX seeking to recover what it claims are “millions of dollars in fraudulently transferred and misappropriated funds.” In