The move comes after nearly two years since PayPal enabled users to buy and sell crypto on its platform. After rolling out the ability to buy and sell crypto on its platform in October 2020, PayPal is finally allowing users the ability to natively transfer, send and receive digital assets between PayPal and other wallets...Continue Reading

Solana’s nearly 80% year-to-date decline is likely to follow up with some relief rallies, technicals suggest. At least two technical indicators show Solana (SOL) could undergo a sharp price recovery in June, even after the SOL/USD pair’s 78.5% year-to-date decline. SOL price nears bullish wedge breakout First, Solana has been painting a “falling wedge” since...Continue Reading

Over $200 million worth of users’ funds could have been at risk if the whitehat chose to exploit the vulnerability for personal gain instead of reporting it to developers. On Tuesday, Ethereum (ETH) bridging and scaling solution Aurora announced it had paid out a $6 million bounty to ethical security hacker pwning.eth, who discovered a...Continue Reading

Binance wrote that the allegations made by the media outlet are created by interested parties to “mislead the general public.” Crypto exchange Binance published a lengthy response to an article published by Reuters that claims that the exchange has been a “hub for hackers, fraudsters and drug traffickers,” saying that there’s at least “$2.35 billion...Continue Reading

Here’s how the co-founder of a Middle Eastern restaurant convinced his colleagues to upgrade their franchise to a Bitcoin standard. The Canadian restaurant franchise Tahini’s serves Middle East-inspired food with a Bitcoin-inspired twist.  Since August 2020, when the price of Bitcoin (BTC) was under $20,000, the group has operated on a Bitcoin standard, with any profits...Continue Reading

On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss Eth2 and how it compares to the competition. “The Market Report” with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts give you the details about Ethereum 2.0, its main competitors, and how they differ from each other. To kick...Continue Reading

Whales and institutions alike are on the radar after the latest data from exchange order books. Bitcoin (BTC) held steady at the June 7 Wall Street open after a night of losses cost bulls heavily. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Coinbase sees conspicuous outflows Data from Cointelegraph Markets Pro and TradingView followed BTC/USD...Continue Reading

FTX CEO Sam Bankman-Fried explained that the exchange will continue to “keep growing” during the bear market. Amid unfavorable market conditions, some cryptocurrency-related firms decided to cut their workforce or freeze hiring. However, crypto exchange platform FTX will continue hiring new personnel as the crypto winter continues.  In a Twitter thread, FTX CEO Sam Bankman-Fried...Continue Reading

Downside risks for BNB also come from a recent Reuter exposé that claims Binance laundered “at least $2.35 billion in illicit funds.” Binance Coin (BNB) price dropped by nearly 7.3% on June 7 to below $275, its lowest level in three weeks. What’s more, BNB price could drop by another 25%-40% in 2022 as its parent...Continue Reading

What’s behind Buterin’s embrace of “soulbound tokens”? Ensuring Ethereum’s dominance? A backlash against NFTs? Creating a better world? The attention, one might suspect, has much to do with the participation of Buterin, blockchain’s wunderkind and the legendary co-founder of the Ethereum network. But it could also be a function of the paper’s ambition and scope,...Continue Reading