PayPal’s US Dollar-pegged stablecoin has integrated cross-chain bridge LayerZero to allow native transfers of PYUSD between the two networks. Read More at https://cointelegraph.com/news/paypal-stablecoin-layerzero-ethereum-solana-transfers?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Bitcoin profit-taking remains ‘below historical peaks’ amid $90K high
Since Bitcoin broke past its March high of $73,679, Bitcoiners have pulled $20.4 billion in realized profits, but Glassnode believes “further gains” may be on the horizon. Read More at https://cointelegraph.com/news/bitcoin-profit-taking-historical-all-time-highs-glassnode-analysts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto use more common among the underbanked, says FDIC report
Last year, underbanked households more commonly used crypto than those with no banking access whatsoever, according to an FDIC survey. Read More at https://cointelegraph.com/news/crypto-use-common-among-underbanked-fdic-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ethereum researcher unveils ‘time machine’ for even smarter, smart contracts
Similar to how Gmail allows users to unsend an email, STXN’s new time machine feature will allow crypto users to revert Ethereum transactions. Read More at https://cointelegraph.com/news/researcher-invents-ethereum-transaction-time-machine?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US bids to seize Bankman-Fried’s crypto allegedly used in China bribes
Prosecutors petitioned a New York federal court to seize crypto they alleged is linked to bribes paid to Chinese officials by Sam Bankman-Fried. Read More at https://cointelegraph.com/news/us-bids-to-seize-bankman-fried-crypto-china-bribes?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
AI firm Genius Group surges 66% after ‘Bitcoin-first’ treasury strategy
Genius Group has recently reshuffled its board with crypto and Web3 execs and is now targeting to hold $120 million in Bitcoin. Read More at https://cointelegraph.com/news/ai-firm-genius-group-adopts-bitcoin-treasury-strategy?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
MARA Holdings falls 9% after-hours after Q3 revenue miss
Mara Holdings posted a net loss for Q3 and missed analyst revenue estimates despite mining more Bitcoin blocks and boosting its energized hashrate by 17%. Read More at https://cointelegraph.com/news/bitcoin-miner-mara-falls-after-hours-q3-revenue-miss?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Trader who lost $26M to copy-paste error says it’s been ‘max pain’
A trader who lost $25 million after accidentally copying and pasting the wrong transfer address is offering a $2.5 million reward to white hackers in the hopes of getting their money back. Read More at https://cointelegraph.com/news/trader-loses-26-million-copy-paste-error-max-pain?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Italy scales back plans to hike crypto tax rate: Report
A Bloomberg report suggested Italian Prime Minister Giorgia Meloni could accept a proposal for a 28% tax hike on crypto rather than a 42% one. Read More at https://cointelegraph.com/news/italy-stops-plans-crypto-tax-rate?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Here's why Bitcoin traders really want to punch through $90K
Bitcoin hit $90,000, but holding it is proving to be a challenge. Cointelegraph explains why. Read More at https://cointelegraph.com/news/here-s-why-bitcoin-traders-really-want-to-punch-through-90-k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound