The New York Department of Financial Services (NYDFS) confirmed today that Paxos, the issuer of PayPal USD (PYUSD), accidentally minted $300 trillion worth …
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Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing …
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Ethereum (ETH) price is showing a rare technical signal last seen six months ago — right before it rallied more than 80%. The …
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Blockchain Technology
Can New York’s new crypto office thaw America’s coldest market?
by adminby adminNew York City Mayor Eric Adams just built a new power center for crypto inside City Hall. On Oct. 14, he signed Executive …
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Regulators across Europe are taking notice as Standard Chartered becomes the first Global Systemically Important Bank (G-SIB) to directly expand a partnership with …
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Token Launches
Paxos Fat-Fingers $300T of PayPal’s PYUSD, Outpacing U.S. Dollar’s (USD) $2.4T Supply
by adminby adminOn Wednesday, stablecoin issuer Paxos accidentally minted $300 trillion worth of PayPal Holdings Inc.’s PYUSD stablecoin on Ethereum – a “fat finger” error …
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Bitcoin Updates
Coinbase Makes CDP Embedded Wallets Generally Available for Apps of Any Size
by adminby adminCoinbase Developer Platform (CDP) rolled out general availability for its Embedded Wallets, a toolkit that lets companies add crypto features directly inside their …
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In brief The Gemma-based model generated and validated a new cancer-therapy hypothesis in human cell experiments. It identified silmitasertib as a conditional amplifier …
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Crypto Mining
Bitcoin Holds Near $111K as Traders Weigh China Retaliation, SOL, DOGE, ADA Lead Losses
by adminby adminBitcoin hovered around $111,000 Thursday afternoon Hong Kong time, steady after another volatile stretch as China’s latest retaliatory trade measures against the U.S. …
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In brief Compass Coffee in Washington, D.C. became the first Square seller globally to process Bitcoin payments through a standard register during DC …
