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Blackrock Joins Race to Issue New Stablecoin

Blackrock Joins Race to Issue New Stablecoin

Blackrock has announced its backing of a new stablecoin, UStb, launched by Ethena Labs. Supported by Blackrock’s BUIDL fund, UStb is designed to provide a reliable alternative in the stablecoin market, leveraging investments in U.S. dollars, short-term Treasury bills, and repurchase agreements. Ethe…

Bitcoin.com
Paypal Rolls Out Crypto Features for Business Accounts

Paypal Rolls Out Crypto Features for Business Accounts

Paypal has unveiled a new feature allowing U.S. merchants to buy, hold, and sell cryptocurrency from their business accounts. Although not yet available in New York, this move caters to increasing demand from businesses. Paypal has steadily ramped up its involvement in digital currencies, including …

Kevin Helms
PayPal Expands Crypto Services: US Merchants Can Now Buy, Sell, and Hold Bitcoin

PayPal Expands Crypto Services: US Merchants Can Now Buy, Sell, and Hold Bitcoin

PayPal announced that it is now letting US merchants buy, sell and hold Bitcoin and cryptocurrencies directly from their PayPal business accounts. The new capabilities, however, will not be available for users in New York, the company said. As demand for expanded cryptocurrency capabilities is on th…

Nicholas Say
PayPal Now Lets Millions of US Merchants Buy Crypto

PayPal Now Lets Millions of US Merchants Buy Crypto

PayPal has introduced new cryptocurrency capabilities for business owners

U.Today
new
Kraken Announces New Acquisition of Dutch Crypto Broker in Continued European Expansion

Kraken Announces New Acquisition of Dutch Crypto Broker in Continued European Expansion

A leading US-based crypto exchange is establishing its European footprint by acquiring the Dutch crypto broker Coin Meester B.V. (BCM). In a new press release, Kraken says it has closed on a deal with BCM that will “strengthen” the crypto exchange’s presence in Europe. “With the acquisition of BCM, …

Daniell Marlow
Polymarket Seeking $50M New Funding, Plans Token Launch: Report 

Polymarket Seeking $50M New Funding, Plans Token Launch: Report 

Crypto-based prediction market platform, Polymarket is reportedly seeking $50 million in new funding.

Martin Young
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Kamala Harris Courts AI, Crypto Industries During Fundraising Event in New York

Kamala Harris Courts AI, Crypto Industries During Fundraising Event in New York

Speaking to donors at a fundraiser in New York on Sunday, Harris outlined her economic agenda, including vaguely stoking growth in crypto.

Sebastian Sinclair
VP Harris says she’ll encourage crypto business while protecting consumers at Wall Street fundraiser: Bloomberg

VP Harris says she’ll encourage crypto business while protecting consumers at Wall Street fundraiser: Bloomberg

Harris also plans to roll out new economic proposals this upcoming week, according to a report from Reuters.

Zack Abrams
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Hashpower Evolution: Bitmain’s New ASIC Packs 477,677% More Power than the 2013 S1

Hashpower Evolution: Bitmain’s New ASIC Packs 477,677% More Power than the 2013 S1

This week, Bitmain introduced its latest bitcoin mining machine, which packs an impressive punch with a reported output of 860 terahash per second (TH/s). To put that in perspective, this new rig churns out 81.81% more hashpower than its predecessor, the Antminer S21 XP Hydro. And if we go way back,…

Jamie Redman
new
The EU leadership’s changing. Here’s what new commissioners mean for crypto

The EU leadership’s changing. Here’s what new commissioners mean for crypto

The 26 commissioners will lead European policy for the next five years — if they survive a grilling by lawmakers.

Joanna Wright
new
Hamster Kombat: New Earn Program & Season Finale Ahead of HMSTR Token Airdrop

Hamster Kombat: New Earn Program & Season Finale Ahead of HMSTR Token Airdrop

TLDR: Hamster Kombat is launching a new Earn Program offering up to 300% APY for airdrop claims The game is ending Season 1 on September 20 with a network snapshot Over 300 million players are currently engaged with the game The HMSTR token launch and airdrop are scheduled for September 26 Players c…

Oliver Dale
Ondo Finance Drives Tokenized Treasuries to New Heights, Exceeding $2.2B in Market Value

Ondo Finance Drives Tokenized Treasuries to New Heights, Exceeding $2.2B in Market Value

Ondo Finance’s tokenized treasures reach new heights. The market value exceeds $2.2 Billion.

Ishtiyaq Hussain