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Crypto Chronicle: Meta Doubles Down on AI, Ripple Expands in the UAE, and Circle Stock Soars Post-IPO

This week’s crypto highlights focused on a shift by Meta from Bitcoin to an AI-centered world, Ripple approved in UAE, Circle's explosive debut to...

Satpal S2 days ago

Uber Eyes Stablecoins to Cut Global Payment Costs

According to Uber CEO Dara Khosrowshahi, the company is exploring stablecoins as a way to save on costs during cross-border payments. Increasingly more globally...

Contributor2 days ago

Cryptocurrency

Circle NYSE Debut: USDC Issuer Sees 167% Surge on First Day

Circle’s highly anticipated IPO debut on the NYSE was marked with a 167% surge in the share price, indicating strong growth potential of stablecoins...

CryptoCorn2 days ago

Cryptocurrency

California Bill Transforms Dormant Crypto into Legal Tender

California has passed a new bill that prevents the liquidation of inactive crypto wallets and allows the use of digital currency for payments. If...

Satpal S3 days ago

Cryptocurrency

Crypto Launderer Says He Played a Part in $73 million Scam; Might Spend Up to 20 Years in Prison

Dared Li admitted guilt for using bogus businesses and bank accounts to launder millions of dollars from bitcoin scams. The scheme involved turning pilfers...

CryptoCornNovember 13, 2024

Cryptocurrency

Coincheck becomes the first Japanese cryptocurrency exchange to secure a Nasdaq listing

Tokyo-based CoinCheck, the first Japanese cryptocurrency exchange to list on Nasdaq, is ready to make history. Approved by the U.S. Securities and Exchange Commission,...

360TNovember 13, 2024

Cryptocurrency

PayPal’s PYUSD expands its blockchain reach with LayerZero integration for Ethereum and Solana transfers

PayPal's stablecoin, PYUSD, now supports cross-chain transfers between Ethereum and Solana networks via LayerZero's protocol. This improves user flexibility and blockchain interoperability. This integration...

360TNovember 13, 2024

Cryptocurrency

The Cardano Foundation reports $478 million in assets and promotes blockchain development growth

With $478 million in assets, the Cardano Foundation has disclosed its 2023 plans. Mostly owned in ADA tokens, the Foundation's assets support strategic investments...

Satpal SNovember 13, 2024

Cryptocurrency

Immunefi Suspends TrustSec in Conflict About Denied Bug Bounty Payment

After a dispute over a bug bounty payment, Immunefi temporarily halted Trust Security. TrustSec claims to have found a significant flaw in a project,...

ContributorNovember 13, 2024

Cryptocurrency

A South Korean influencer is accused of leading a $232 million crypto scam; hundreds are arrested

215 people linked to a $232 million crypto fraud supposedly run by a well-known YouTuber and financial influencer have been arrested by South Korean...

ContributorNovember 13, 2024

Cryptocurrency

Crypto gains popularity among underbanked U.S. households, according to an FDIC report

According to a recent FDIC survey, underbanked households in the United States are more likely to adopt bitcoin than fully banked ones. This tendency...

Satpal SNovember 13, 2024

Cryptocurrency

Fireblocks collaborates with NongHyup Bank to transform tax refunds using blockchain

Fireblocks and NongHyup Bank in South Korea have teamed up to investigate blockchain-powered tax refund options. By leveraging digital tokens—a window into the future...

AlexNovember 13, 2024