Crypto Markets Worst Hit in Nine Months, Positive September Sets Bullish Course for October
A Cointelegraph report indicated that August saw the worst month for Bitcoin (CRYPTO: BTC), since its November 2022 levels.
BTSE Card Ushers In The Age Of Crypto Payments Via Mastercard
In a bid to mainstream cryptocurrency transactions, digital currency exchange BTSE unveiled on Friday its BTSE Card which allows users to top up with cryptocurrencies and then make purchases in fiat across Mastercard’s merchant net
Celsius, Core Scientific To Settle Existing Litigation: What Are The Terms?
Crypto mining providers Celsius Mining, the Bitcoin mining subsidiary of Celsius (CRYPTO: CEL), and Core Scientific (OTCMKTS: CORZQ) have reached a speculative $45 million settlement deal for a long-standing legal dispute.
Paxos Reveals PayPal Stable Coin PYUSD Is Backed By Treasury And Cash Reserves
Paxos, the issuer of PayPal Holdings Inc (NASDAQ: PYPL) stablecoin, PYUSD, stated in a transparency report that the PYUSD is supported by cash reserves and U.S. Treasury reverse repurchase agreements.
Circle’s USDC Expansion On NEAR Signals Resilient Multi-Blockchain Future
FinTech company and issuer of USD Coin (CRYPTO: USDC), Circle introduced the native stablecoin liquidity access on the Layer-1 Blockchain NEAR (CRYPTO: NEAR) protocol ecosystem.
Sony Looks East For Blockchain Development, Forms Joint Venture With Startale Labs
Sony Group’s (NYSE: SONY) Network Communication department has formed a joint venture with Singapore-based Startale Labs to develop a blockchain that will be an integral part of the global web3 infrastructure.
Deutsche Bank Joins Crypto Wave: Partners With Taurus For Digital Asset Custody
After Wednesday's news that HSBC reportedly partnered with crypto technology firm Fireblocks to expand into the digital space, another foreign banking giant is also showing interest in the crypto space.
ING Offloads 85% Stake In Cobase To Alpha Group In Strategic Fintech Deal
Global Bank, ING Groep (NYSE: ING) announced the sale of its 85% stake in fintech subsidiary, Cobase to U.K.-listed Alpha Group through the signing of a conditional agreement which is yet to be approved by the Dutch Central Bank.
HSBC Reportedly Partners With Fireblocks Amid US Crypto Regulatory Turmoil
London-headquartered banking giant, HSBC Holdings (NYSE: HSBC) has reportedly partnered with crypto custody technology business, Fireblocks to expand into the digital asset space, according to CoinDesk.
Visa To Use Anti-Fraud Measures For Real-Time Payments, Invests In Form3
Digital payments behemoth Visa (NYSE: V) invested in London-based payments platform Form3 through a commercial partnership.