Singapore-based exchange Crypto.com has partnered with PayPal and Paxos to become a preferred platform for PayPal USD (PYUSD).  According to a press release from Sept. 28, Crypto.com currently possesses the deepest liquidity for PYUSD trading pairs globally. The exchange has listed PYUSD for retail and institutional users, with “trading features […]

US lawmakers urged Gary Gensler to approve spot Bitcoin ETFs. Coinbase CEO Brian Armstrong criticized the SEC’s aggressive stance, saying it is stifling innovation. House Republicans are advocating for a regulatory framework in the crypto space. The recent hearing featuring Gary Gensler took an interesting turn, favoring the crypto market. […]

The Bank for International Settlements (BIS) and the central banks of France, Singapore and Switzerland concluded a joint test of the cross-border trading and settlement of wholesale central bank digital currencies (CBDCs). The Banque de France issued the report on Sept. 28. The so-called Project Mariana was developed by the […]

In a follow-up to his previous intricate analysis, renowned crypto analyst EGRAG CRYPTO has unveiled another riveting forecast for the XRP price trajectory. Drawing insights from his recent observations, Egrag points to a potential mammoth rise in XRP’s value, suggesting an impressive increase of 1,160%. This surge, he predicts, could […]

Blamed for “kneecapping” capital markets in the United States and slammed for dodging questions around Bitcoin (BTC) and Pokemon cards, Securities and Exchange Commission Chair Gary Gensler appears to have had one hell of a grilling from Congress this week. On Sept. 27, the U.S. SEC chief again found himself in […]

Ron Hammond, representative of the Blockchain Association, recently discussed the upcoming crypto-related hearings and their implications on the industry. In an interview with Thinking Crypto, Hammond spoke about the upcoming trial of Sam Bankman-Fried (SPF), the founder of the FTX exchange. Hammond noted that the trial could create significant noise […]

Meta CEO Mark Zuckerberg has unveiled his firm’s new AI-powered assistant  — Meta AI —  his answer to OpenAI’s ChatGPT, which will integrate with Instagram, Facebook, WhatsApp and eventually, its mixed reality devices. Speaking at the Meta Connect event on Sept. 27, Zuckerberg explained that Meta AI is powered by […]

SEC Chair Gary Gensler has testified before the House Financial Services Committee. In his recent Congressional testimony, Gensler reiterated the SEC’s stance of being technology-neutral and not pre-judging. Some believe he missed an opportunity to be seen as a visionary leader by opting for a more nuanced compliance strategy, acknowledging […]

Michael Egorov, founder of Curve Finance, has settled his loan on the Aave Protocol and cut his total debt to $42.7 million.  Egorov’s DeFi debt profile was revealed on August 1 following a Curve Finance hack that extracted $73.5 million worth of assets across various liquidity pools.  As expected, the […]

Decentralized exchange (DEX) Uniswap is seeking an on-chain vote to approve the second tranche of the $74 million funding for its developer Uniswap Foundation. According to the September 27 announcement, the second tranche of funding, with a buffer of 10% for price volatility, is worth an estimated $62 million and […]