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PayPal and Spark, an on-chain asset allocator launched by Sky (formerly MakerDAO), have announced a partnership to expand liquidity for PayPal USD (PYUSD), the U.S. dollar-backed stablecoin. Spark joins forces with @PayPal to grow PYUSD supply by $1 billion within the coming weeks. Having already reached 200m deposits, this milestone reflects both the demand for…
SharpLink Gaming, Inc. (Nasdaq: SBET) plans to tokenize its SEC-registered common stock directly on the Ethereum blockchain, the firm announced on Thursday. NEW: SharpLink is partnering with Superstate to issue tokenized $SBET shares directly on the Ethereum blockchain. SharpLink will become the first public company to do so. Together, we’ll work to advance how tokenized…
BNB Chain Perpetual DEX market hit a record $67 billion in trading volume on September 24, marking the highest ever for the second consecutive day. Dune Analytics shows that the surge was driven by viral newcomer Aster DEX, plus Lighter and Hyperliquid, each hitting over $10 billion in daily volume. Beyond these leaders, other Perp…
Blockchain investigator ZachXBT has documented at least 25 instances of North Korean IT workers infiltrating crypto companies to steal funds or extort employers, contradicting misconceptions that these operatives only seek legitimate employment. The revelation came in response to a claim made by Amjad Masad, CEO of the AI coding platform Replit, that North Korean workers…
Bitcoin is trading near $111,600, under pressure after a 1.38% decline in the past 24 hours. Despite the short-term weakness, Coinbase CEO Brian Armstrong believes Bitcoin (BTC) could reach $1 million by 2030. In a post on X, he cited three main drivers: regulatory clarity, government adoption, and a wave of institutional investment still waiting…
Solana price has been under intense scrutiny after a massive $836 million whale transfer stirred market fears of a retest at the $200 support level. The coin trades at $205.35, showing vulnerability after a recent 7% decline. Weighted sentiment has turned negative, adding pressure to short-term prospects. Analysts highlight that previous cycles with similar whale…
Hashdex Asset Management Ltd. and Nasdaq Global Indexes have announced the expansion of the Hashdex Nasdaq Crypto Index US ETF (NCIQ), the multi-asset spot crypto exchange-traded product (ETP) in the United States. We’re delighted to announce that the Hashdex Nasdaq Crypto Index US ETF (Ticker: $NCIQ) Expands, Bringing US Investors Access to Five Leading Crypto…
Capital Group has emerged as the largest shareholder in Japan’s Metaplanet Inc, acquiring an 11.45% stake worth nearly $500 million through its subsidiary Capital Research and Management Company. The investment positions the $2.6 trillion asset management giant with significant exposure to Bitcoin through Asia’s most aggressive corporate treasury strategy. Wall Street Giant Bets Big on…
The global crypto market is in the red again, falling 2.2% over the past 24 hours to $3.91 trillion, according to the latest market data. Total crypto trading volume is up slightly at $178.5 billion, but price action remains largely negative across major assets. TLDR: Crypto market sees red, with 9 of the top 10…
Key Takeaways: A Kremlin advisor claims the US will “reset” its $37T debt by moving it into stablecoins, an idea experts say is neither legal nor technically feasible. Analysts say stablecoins may expand US financial reach, but they cannot erase current obligations without triggering default. The warning shows Russia’s deeper concern: America’s growing influence in…