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Aptos Partners With Microsoft to Focus on Intersection of AI and Blockchain

Aptos Labs has announced integrating Microsoft’s Azure OpenAI Service into the layer 1 blockchain led by ex-Meta employees. The company said that the integration of tech goliath’s AI marks a…

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PayPal’s PYUSD Stablecoin: Tether’s Paolo Ardoino and Industry Experts Comment

Payments giant PayPal is launching its own stablecoin, and the move has got both traditional fintech players as well crypto firms excited. Dubbed ‘PYUSD,’ the stablecoin is built on Ethereum…

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Why Hasn’t XRP’s Price Reached $1 Despite SEC Victory? John Deaton Opines

On August 8, prominent lawyer and cryptocurrency enthusiast John Deaton took to Twitter to share his insights on the surprising corollary between regulatory clarity for XRP and ETH’s stagnant performance…

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Federal Reserve Launches New Program to Oversee Crypto Activities of Banks

On Aug. 8, the Federal Reserve elaborated that “novel activities” included complex, technology-driven partnerships with non-banks. These partnerships provided banking services to customers and activities that involve cryptocurrencies and blockchain…

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Bitcoin Price Briefly Surpasses $30K, Leaving Over $80 Million in Liquidations

After several days of relatively low volatility, the price of bitcoin finally headed north, reaching a two-week high of over $30,000 (per CoinGecko).  The uptrend resulted in approximately $81 million…

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