Nansen Report Shows PayPal’s New Stablecoin Faces Sluggish Demand from Crypto Users
Nansen has issued some new data regarding PayPal’s new stablecoin project. PYUSD was launched recently making headlines in every direction. However, data projections from Nansen...
Base Network Activity Surges, Exceeds Arbitrum and Optimism Following Friend.tech Frenzy
Coinbase-incubated layer-2 network Base realized increased activity driven by the Friend. tech application. The unveiling of the Friend. tech applications on the Base network has...
Crypto Exchange Kraken to Add Support for PayPal’s Stablecoin
Kraken exchange has listed the stablecoin issued by PayPal namely PYUSD or PayPal USD. This cryptocurrency exchange has notified the traders on the forum that...
Coinbase Defies Crackdown to Secure Futures Approval
The most current approval permits Coinbase to become a part of two CME and CBOE, two major derivatives in the U.S. Approving Coinbase, the most...
Kaiko Research Show Bitcoin and Ethereum Volatility Slide Below Oil
The doldrums witnessed this summer are affecting Bitcoin and Ethereum hard, eroding asset volatility to its lowest in several years. Kaiko survey revealed that Bitcoin...
Linea Unveils Final Lap Edging Closer to Mainnet Introduction
The token bridge’s design aims to introduce a new wave of decentralized finance (DeFi) activity onto Linea. Linea is a zero-knowledge Ethereum Virtual Machine (zkEVM)...
PayPal to Issue USD-Backed Stablecoin on Paxos
PayPal is a digital payment platform. It has decided to venture into the stablecoins market recently. To this effect, the company has announced a new...
DeFi Projects Suffer $24 Million Loss Following Curve Pool Exploit
An issue with Vyper, an optional programming language for smart contracts, seems to be the root cause of the exploits. Curve Pool Suffer Huge Losses...
Crypto Payments Platform Alphapo Lost $31 Million in Hack Attack
A cryptocurrency payments platform recently reported an accumulated loss of $31 million following a security breach. The incident took place as a result of hackers...
Ethereum worth $3 million Lost Following Conic Finance Protocol Exploit
The new DeFi protocol that went live in March has incurred a more than 1700 Ethereum loss. Conic Finance, a decentralized finance (DeFi) protocol, has...