PayPal’s got ambitious plans for its stablecoin, PayPal USD (PYUSD), aiming to weave it into more of its products and take it global by 2025. A recent Bloomberg report spilled the details: the payment giant wants to roll out PYUSD for cross-border transactions via Hyperwallet, its global payout platform, with payouts expected to go live…
Bitcoin took a nosedive to $86,099, and it wasn’t pretty—$1.06 billion got wiped out across the crypto market in a flash. The carnage hit long positions hardest, with traders betting on a rise losing a brutal $873 million. According to February 26 data from Coinglass, the past 24 hours have been a bloodbath, liquidating 230,000…
The crypto market is in a full-on panic mode right now, with the Fear and Greed Index plunging to 25—its lowest point since September 2024. That’s a nosedive from 49 just a day ago, flipping the mood from “Neutral” to “Extreme Fear” as Bitcoin slips under $93,000. For context, this index, cooked up by the…
U.S. authorities have made a bold move in the fight against cybercrime, seizing $31 million in cryptocurrency connected to the 2021 Uranium Finance hack. The haul marks a significant step in tracking down funds stolen in one of the high-profile breaches that rocked the crypto world a few years back. Details remain scarce, though—officials aren’t…
Chainlink price has crashed this year, continuing a trend that started in December when it peaked at a multi-year high of $30.78. Chainlink dived to $17.4 on Saturday, down by 43% from its highest level in December. Its crash mirrors the happenings among altcoins as most of them have retreated in the past few months. Still,…
On-chain investigator ZachXBT has identified North Korea’s Lazarus Group as the team behind the billion-dollar Bybit hack, winning a 50k ARKM bounty for solving the case. The breakthrough came when ZachXBT submitted conclusive evidence linking the attack to the hacking group at 19:09 UTC. BREAKING: BYBIT $1 BILLION HACK BOUNTY SOLVED BY ZACHXBT At 19:09…
A Brazilian citizen appeared in U.S. District Court in Seattle following extradition from Switzerland to face $290 million Bitcoin investment fraud charges. According to the press release from the US Department of Justice, Douver T. Braga pleaded not guilty to a 13-count indictment involving wire fraud and conspiracy related to the Trade Coin Club (TCC) scheme. Braga,…
Bitcoin’s price settled below its all-time high and the Official Trump memecoin, $TRUMP, took a hit during Donald Trump’s inauguration as U.S. President on January 20, 2025. Traders are holding out hope that executive orders from Trump might turn things around for both assets. Earlier that day, Bitcoin had climbed past $110,000, setting a new…
The price of one bitcoin hit $100,000 for the first time Wednesday as demand for the digital currency continued to surge in the wake of an election that saw victories for crypto-friendly candidates led by President-elect Donald Trump. Since Nov. 5, the price of bitcoin has surged more than 45%. Year to date, prices have…
Changpeng Zhao, the Binance mastermind and former CEO, had a monster 2023—his net worth skyrocketed by $25 billion, shrugging off a stormy crypto market and a pile of regulatory headaches for his exchange. A Bloomberg report, pulling from their Billionaires Index, pegs Zhao’s crypto-stacked wealth as jumping over $20 billion this year, leaving peers like…
