Mercedes Benz Unveils New NFT Collection
Key Insights Mercedes-Benz unveils “Mercedes-Benz NXT Icons,” an NFT collection bridging past and present design, immersing enthusiasts in the brand’s…
Possible Violation of Anti-Russian Sanctions: US Department of Justice Investigates Binance
Key Insights The Department of Justice is investigating Binance crypto exchange for a possible violation of sanctions The fact that…
Bitcoin Plunges 8% to Hit Two-Month Low
Key Insights Bitcoin price fell by almost 8% and hit a two-month low. The cryptocurrency is worth about $26,500. Other…
Does PayPal USD Stablecoin Pose a Threat to Tether?
On August 7, 2023, the largest payment system PayPal launched its own stablecoin PayPal USD (PYUSD). Is PayPal USD stablecoin…
Coinbase to Suspend Trading of Tether, DAI, and RAI Stablecoins for Canadian Users
Key Insights Coinbase will suspend trading Tether (USDT), DAI, and RAI stablecoins for Canadian users starting September 1st. The decision…
Coinbase Secures Regulatory Approval for Crypto Futures Trading
Key Insights Coinbase receives regulatory approval from the NFA to offer regulated crypto futures trading to US retail customers. Despite…
Bank Chief Economist Fears: Germany Is at Risk of Losing “AAA” Rating
Key Insights Moritz Kraemer, chief economist at Landesbank Baden-Württemberg (LBBW), warns that Germany could lose its AAA rating due to…
Crypto Exchange Binance Files Petition Against SEC
Key Insights Binance Files Petition Against SEC seeking to limit their actions Binance claims the regulator’s requests were “excessive” and…
Argentina Devalues the Peso by 18% to 350 per Dollar
Key Insights Argentina has devalued the official peso rate by 18%. The Central Bank of the country raised the key…
PayPal Launches CryptoHub for a Limited Number of Users
Key Insights PayPal CryptoHub allow selected users to be able to store, buy and sell cryptocurrencies. PayPal will act as…