Stablecoin PayPal USD (PYUSD), launched in August 2023, can be used for global money transfers by U.S. users without paying any transaction fees. In a statement, PayPal's money transfer vertical…
The venture fund arm of Michael Novogratz's Galaxy Digital plans to raise $100 million in new venture funds. This initiative follows the firm's recent positive financial performance and an uptick…
Paradigm, a venture capital firm focused on crypto, is reportedly in talks to raise a staggering $750 million to $850 million from investors, according to Bloomberg. This would be their…
Tether, the issuer of the world's largest stablecoin USDT, has been making waves in the Bitcoin market with its recent acquisition of 8,888 bitcoins. This significant purchase brings Tether's total…
In a lawsuit filed with the Federal High Court in Abuja, Tigran Gambaryan, Head of Financial Crime Compliance for cryptocurrency exchange Binance, is suing the Nigerian government for violating his…
Sam Bankman-Fried, the once-celebrated founder of FTX, a leading cryptocurrency exchange, was sentenced to 25 years in prison today. The sentencing, which took place in a Manhattan court, marks a…
The hacker who stole $62.8 million worth of Ether from the Ethereum-based NFT game Munchables has returned the stolen funds. The incident unfolded over an eight-hour period on March 26,…
Signalling further integration of cryptocurrencies into traditional investment portfolios, South American gold mining company Nilam Resources (NILA) intends to allocate $1.7 billion to purchase 24,800 Bitcoin (BTC). This ambitious initiative will…
In a dramatic turn of events, one of the two Binance executives detained in Nigeria has reportedly escaped custody, coinciding with the Nigerian government's announcement of new tax evasion charges…
The extradition of Terra founder Do Kwon from Montenegro to South Korea has been temporarily suspended by Montenegro's Supreme Court. The decision, issued on Friday, overturns previous rulings from lower…