Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. The past week in DeFi saw developers behind Base and Optimism protocols join hands to develop a revenue and governance sharing framework. […]

PayPal’s recently released stablecoin PayPal USD is facing challenges gaining traction, on-chain data reveals. According to findings from blockchain analytics firm Nansen, roughly 90% of PayPal USD (PYUSD) is currently held in stablecoin issuer Paxos Trust’s wallets. Holdings on crypto exchange wallets stand at nearly 7% of the total supply, according to […]

The United States Internal Revenue Service (IRS), the agency responsible for tax collection, released proposed regulations on the sale and exchange of digital assets by brokers. Under the rules, brokers would be required to use a new form to report to simplify tax filing and cut down on tax cheating. […]

The price of Pepe (PEPE) tumbled over 18% Friday after the meme coin’s team transferred almost 4% of its total supply to exchanges without warning, igniting fears of a potential rug pull. PEPE’s all-important multi-sig wallet sent around $16M worth of PEPE tokens to three centralized cryptocurrency exchanges and one […]

After the value of the frog-themed memecoin Pepe (PEPE) dropped by approximately 15% due to recent modifications in a multisig wallet and concerns about potential developer manipulation, a significant PEPE holder spent 320 Ethereum (ETH) valued at $529,000 to acquire 640 billion PEPE tokens. According to an X (formerly known […]

The latest price analysis by Coinidol.com report, Bitcoin (BTC) price has returned to a sideways pattern after the price decline on August 17. Bitcoin price long term forecast: bearish The largest cryptocurrency is currently trading between $25,600 and $26,800. Doji candlesticks were observed last week, which resulted in the price […]

Peer-to-peer (P2P) Bitcoin (BTC) marketplaces remain an important cog in allowing users to move money across borders, but their future depends on becoming permissionless and unstoppable according to Paxful’s Ray Youssef. Youssef, alongside Nicolas Gregory and Antoine Riard, is driving the development of Civ Kit, a P2P marketplace that will leverage […]

Renowned author and investor Robert Kiyosaki is urging individuals to diversify their investment portfolios by adding silver, the second most precious metal globally, following gold. Kiyosaki’s recent tweet criticized the dollar as “fake” and advocated silver as a safe haven. He noted silver’s trading at a 50% discount from its […]

The United States Drug Enforcement Administration (DEA) — the agency tasked with enforcing the country’s drug laws — lost $55,000 in seized Tether (USDT) earlier this year at the hands of a scammer. Forbes reported on Aug. 24 that in May, the agency seized over $500,000 worth of USDT from […]

The CEO of Australian crypto exchange Independent Reserve says it has turned to payments giant PayPal to hedge against increasing bank restrictions against crypto exchange payments. The exchange has partnered with PayPal to enable an on-ramp that will give Independent Reserve’s customers the ability to fund their crypto accounts directly […]