Industry experts explain the benefits and disadvantages of PayPal’s PYUSD stablecoin. Although a clear regulatory framework for digital assets has yet to be established in the United States, PayPal — one of America’s largest financial technology companies — announced on Aug. 7 its U.S. dollar-pegged payment stablecoin, PayPal USD (PYUSD).  A PayPal spokesperson told Cointelegraph...Continue Reading

A tale of two types of Bitcoin investor emerges, as BTC price action separates “sensitive” speculators from seasoned hodlers. Bitcoin (BTC) holdings owned by speculators are nearly 90% in the red after the “flash crash” to $26,000, new research says. In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm Glassnode reveals...Continue Reading

In a deleted customer service message, Binance said that the failed withdrawals were caused by temporarily suspended EUR transactions through SEPA. Binance cryptocurrency exchange customers are allegedly facing troubles with fiat withdrawals in Europe due to issues related to the Single Euro Payments Area (SEPA) transfers. The exchange has allegedly suspended euro withdrawals and deposits...Continue Reading

On-chain data shows that Ethereum co-founder Vitalik Buterin moved 600 ETH to U.S. exchange Coinbase amid ongoing market woes. Blockchain sleuths have flagged the transfer of $1 million of Ether (ETH) belonging to a wallet controlled by Ethereum co-founder Vitalik Buterin as cryptocurrency markets remain depressed after widespread weekend losses. #PeckShieldAlert vitalik.eth has transferred 600 $ETH...Continue Reading

Imperial College London announced a collaboration with AI startup FluidAI to tackle major issues in the crypto market such as liquidity aggregation. Imperial College London announced a partnership with the artificial intelligence (AI) startup FluidAI on Aug. 21 to help troubleshoot issues in the digital asset market using emerging technologies.  The university’s AI lab I-X...Continue Reading

Bitcoin mining lands another green energy data center as global powerhouse GDA sets up shop in Sweden. Sweden has welcomed a hydro-powered Bitcoin (BTC) mining data center.  Genesis Digital Assets Limited (GDA), a mining and data center company with over 400 MW of power generation worldwide has made a opened a new data center in...Continue Reading

Overall, the combination of AI and blockchain represents a massive paradigm shift in modern technology and presents significant opportunities for lives and industries to improve. Let’s do a simple exercise, shall we? Try to imagine a world where innovations in banking, finance, power, medical services and social media are the best they have ever been....Continue Reading

The controversial crypto project’s launch has been marred into controversy and it’s already facing investigations in nearly half a dozen countries. The Worldcoin cryptocurrency project has run into another roadblock, this time in Kenya where the government has formed a 15-member parliamentary committee to investigate the controversial asset. The Kenyan government formed a 15-member parliamentary committee...Continue Reading

Explore strategies to prevent side-channel attacks on cryptocurrency hardware wallets, ensuring your digital investments remain secure. Cryptocurrency hardware wallets have emerged as a trusted solution for securing digital assets against online threats. However, even these seemingly impenetrable devices are not immune to attacks. Side-channel attacks, which exploit unintended information leakage from the physical implementation of...Continue Reading

Somalia has shut down crypto-friendly messaging app Telegram and gambling site 1XBet, while cryptocurrency investments aren’t banned. The Federal Republic of Somalia is the latest country to ban cryptocurrency-friendly messaging app Telegram, alongside TikTok social media app and the online-betting site 1XBet. Somalia’s Ministry of Communications and Technology (MOCT) officially announced on Aug. 20 that...Continue Reading