Membrane Finance is the issuer of US dollar and euro stablecoins and has a passportable Finnish license. Source: https://cointelegraph.com/news/paxos-acquires-membrane-finance-eu-stablecoin-expansion?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author: Crypto Superhero
Paxos to Acquire Membrane Finance in Strategic Move to Make USD-Backed Stablecoins MiCA Compliant
This strategic move is aimed at accelerating Paxos’ commitment to compliant financial products and success of its stablecoins. USD-Backed Stablecoins in Europe Paxos, a regulated financial institution and provider of tokenized products has announced an agreement in principle to acquire Membrane Finance, a blockchain infrastructure company, subject to regulatory approval. With this acquisition, Paxos is […] Source: https://news.bitcoin.com/paxos-to-acquire-membrane-finance-in-strategic-move-to-make-usd-backed-stablecoins-mica-compliant/
Ethereum Giants Formerly Known as MakerDAO and DAI Now on Solana
The Solana decentralized ecosystem (DeFi) is growing: Sky—formerly known as MakerDAO—has put its new stablecoin on the crypto network. According to Sky, the token, USDS, will be the DeFi-native stablecoin on Solana. Sky’s USDS stablecoin was launched in September. Sky runs on Ethereum and is one of the oldest DeFi projects in the space. USDS replaced DAI, the long-running Ethereum…
PayPal taps Xoom for cross-border stablecoin payments
The partnership is designed to expand access to PYUSD in Asian and African markets, PayPal said. Source: https://cointelegraph.com/news/pay-pal-taps-xoom-cross-border-stablecoin-payments?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Reaches $93,975, Setting a New All-Time High
Bitcoin (BTC) shattered records on Tuesday, reaching an eye-popping $93,975—a new all-time high. Bitcoin Rallies to $93,975, Liquidating $44.4M in Shorts The top cryptocurrency gained 3.3% against the U.S. dollar in the past day and climbed 7.5% this week. With a towering market cap of $1.86 trillion, bitcoin continues to command attention in the ever-evolving […] Source: https://news.bitcoin.com/bitcoin-reaches-93975-setting-a-new-all-time-high/
BTC ETF options launch, Russia-US tensions grow, ZEREBRO hits $470M
BTC ETF options launch, Russia-US tensions grow, ZEREBRO hits $470M BTC hits $92k, ‘$100k no longer a dream’. Blackrock BTC ETF options will launch today. MicroStrategy buys $4.6bn BTC, plans $1.75bn more. Binance creates stablecoin-like product at 20% APY. GS looking to spin out digital assets tech platform. California rules LIDO DAO is a General Partnership. Trump Media in talks…
Bitcoin Hits New All-Time High Price Above $93,500
Leading cryptocurrency Bitcoin (BTC) has broken its all-time high price mark once again, reaching a new peak of $93,521 early Tuesday afternoon per data from CoinGecko. Coinbase showed an even higher mark of $93,581. This comes following an impressive rally for the orange coin after pro-crypto candidate Donald Trump secured reelection as President of the United States. Bitcoin’s previous high…
Coinbase’s Bold Move: Bitcoin Derivative Token WBTC to Be Delisted Next Month
On Tuesday, the San Francisco based crypto firm Coinbase announced that it would be delisting wrapped bitcoin (WBTC) on Dec. 19, 2024. Coinbase to Pulls Wrapped Bitcoin From Its Platform on Dec. 19 Coinbase plans to suspend trading of the bitcoin derivative token wrapped bitcoin (WBTC) next month, according to a post shared by the […] Source: https://news.bitcoin.com/coinbases-bold-move-bitcoin-derivative-token-wbtc-to-be-delisted-next-month/
Shaq Agrees to $11 Million Settlement in Solana NFT Lawsuit
Shaquille O’Neal has agreed to compensate investors tied to his embattled Astrals NFT project, who had allegedly purchased unregistered securities, according to a Monday court filing. Under the proposed settlement, O’Neal and associated Astrals entities would pay $11 million in monetary relief, to compensate members of a settlement class and finance legal fees. Pending court approval, it would effectively bring…
Bitcoin price analysis sees $94K swipe as ETF options launch arrives
Bitcoin refuses to bow to sellers as BTC price action stages a rebound toward all-time highs. Source: https://cointelegraph.com/news/bitcoin-price-analysis-94k-etf-options-launch-arrives?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound