Curve Finance is evaluating a proposal to reduce its reliance on the stablecoin TUSD following the resolution of U.S. Securities and Exchange Commission (SEC) charges against Trusttoken Inc. and Truecoin LLC, the companies behind the dollar-pegged token. TUSD Faces Removal From Curve Finance Pegkeeper The proposal, authored by Wormhole Oracle, suggests slashing the debt ceiling […] Source: https://news.bitcoin.com/curve-finance-proposal-eyes-reducing-tusd-exposure-after-sec-settlement/
PayPal Holdings, Inc. (NASDAQ:PYPL) has taken a significant step in the world of digital currencies by expanding its cryptocurrency offerings to U.S. business accounts. With this move, PayPal is responding to the growing demand from merchants who wish to engage in the cryptocurrency market. The company announced that U.S. businesses can now buy, hold, and sell cryptocurrencies directly through their…
Get it before Oct. 30, Terraform Labs tells the third parties it is discussion its wind-down with. Source: https://cointelegraph.com/news/terraform-labs-shutdown-buyers-october-30?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Cryptocurrency exchange Coinbase (NASDAQ:COIN) is making waves in its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC), pushing for the establishment of clear SEC digital asset rules. The debate centers on how cryptocurrencies are classified and regulated, with Coinbase claiming that the SEC’s current approach leaves the industry in a gray zone. The lack of a defined…
PayPal has announced that U.S. merchants can now buy, hold, and sell digital assets such as Bitcoin and Ethereum from their business accounts. U.S. merchants will also be able to externally transfer cryptocurrency on chain to third-party eligible wallets, the company said in a Wednesday release. The payments giant said it made the move came because business owners wanted it.…
Solana uses a monolithic structure that allows the network to capitalize on the speed and efficiency absent from modular blockchains. Source: https://cointelegraph.com/news/solana-may-hit-330-reach-50-eth-market-cap-van-eck?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
In a recent interview, Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, emphasized the significant role of hedge funds in gold’s ongoing price surge. McGlone shared his insights on the impact of macroeconomic factors, including China’s economic slowdown and the Federal Reserve’s monetary policies, on the commodities market. Gold Eyes $3,000 Mark Amid Hedge Fund […] Source: https://news.bitcoin.com/mike-mcglone-hedge-funds-push-gold-toward-3k-amid-global-market-uncertainty/
The regulator alleged TUSD was 99% backed by a risky offshore fund, raising concerns about using TUSD to back Curve’s stablecoin. Source: https://cointelegraph.com/news/curve-mulls-dropping-tusd-stablecoin-backing-after-sec-charge?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Investment DAOs are a unique type of decentralized autonomous organization in which users pool their funds to make investments as part of a syndicate. That creates an obvious sticking point for potential members—how do you trust your funds to an organization made up of anonymous members, spread around the globe? With rugpulls and fraud rife in the crypto sector, investment…
Footwear distributor Puma partnered with a Web3 game, integrating characters based on the brand into a sports mobile game. Source: https://cointelegraph.com/news/puma-game-partnership-infinex-40m-sales-nft-newsletter?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
