U-Turn: Centre to Convert USDC Reserves to Cash and US Treasuries
Centre, the issuer of popular stablecoin USDC, has revealed that it will convert the asset reserves back to cash and U.S. treasury bills only. In an official blog post on…
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Substack Debuts Bitcoin Subscription Payments via the Lightning Network
San Francisco-based online publishing platform Substack has enabled support for bitcoin payments for subscriptions to publications through the use of the Lightning Network. Substack has collaborated with OpenNode, a bitcoin…
Poly Network Drama is Over: Hacker Returns the Remaining $141 Million
The Poly Network drama seems to be officially over as the hacker has returned the remaining $141 million, according to a blog post from the DeFi project. ‘Full Asset Restoration’…
Google Trends: Bitcoin Interest is Far From Yearly Highs Despite BTC Surpassing $50K
Many reports in the past have confirmed that bitcoin’s price increase is often followed by a significant rise in interest in the leading cryptocurrency, especially from retail investors. Now, though,…
Iran: Legal Bitcoin Mining Can Resume from the End of September
Tavanir – Iran’s Power Generation, Distribution, and Transmission Company – revealed that the ban on cryptocurrency mining would be lifted as early as September 22nd. The country’s authorities would allow…
Visa Steps into NFT: Purchased a CryptoPunk for $160,000
Visa announced on August 23rd that it had spent nearly 50 ETH for a CryptoPunk non-fungible token. Thus, the US behemoth continues to showcase its support for the cryptocurrency industry.…
Bitcoin Is a Hedge and its Volatility Attracts Investors, Says SEEK Co-Founder
Matt Rockman – one of the founders of the Australian human resource consulting company SEEK Ltd. – opined that people should not ignore cryptocurrencies’ merits but educate themselves on the…
Greenish Monday: ETH at 3-Month High, Cardano Eyes $3, BNB Adds 7%, BTC Above $50K (Market Watch)
Bitcoin’s recent rally continued in the past 24 hours as the asset reclaimed $50,000 for the first time in more than three months. Some altcoins, though, have performed even more…
PayPal Extends Bitcoin and Cryptocurrency Service to the UK
The San Jose-based online payments giant PayPal is launching its cryptocurrency services in the United Kingdom less than a year after the company first introduced the feature in the United…
37% of American Investors Would Not Cash out Their Crypto Even in Critical Moments
According to a recent research, US cryptocurrency investors have allocated on average $1,707 in such assets. 37% of them admitted they would not touch these funds even if they must…
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