cryptocurrencies
PayPal enables PYUSD stablecoin for Xoom cross-border money transfers
PAYPAL Holdings’s Xoom cross-border money transfer service now allows customers to send funds abroad using US dollars converted from the PayPal USD stablecoin, the latest sign of crypto’s encroachment...
Bitcoin sinks on ebbing Fed rate-cut bets and cooling ETF demand
BITCOIN dropped the most in almost two weeks, weighed down by cooling demand for dedicated US exchange-traded funds and ebbing bets on looser Federal Reserve monetary policy.The digital asset...
US dollar hits 5-month high while jawboning supports yen
THE US dollar hit its highest in almost five months on Tuesday (Apr 2) as stronger-than-expected economic data caused investors to rein in their bets on a June rate...
Crypto’s memecoin fervour stalls as bets on Fed rate cuts recede
SPECULATIVE zeal in the crypto market is faltering as the path to looser monetary policy in the US becomes more challenging.Coins earlier favoured by the meme-trading crowd such as...
Thailand’s biggest crypto exchange hiring advisers for 2025 IPO
BITKUB Capital Group Holdings, the owner of Thailand’s biggest crypto exchange, is planning an initial public offering for 2025, chief executive officer Jirayut Srupsrisopa said in an interview on...
Sam Bankman-Fried, at sentencing, acknowledges FTX customers have suffered
SAM Bankman-Fried on Thursday (Mar 28) acknowledged at his sentencing hearing that customers of the now-bankrupt FTX cryptocurrency exchange he founded have been suffering, and said he apologised to...
BlackRock’s tokenized fund draws US$240 million since debut
BLACKROCK’s money-market fund that records share ownership on the Ethereum blockchain has attracted more than US$240 million since its debut a week ago. The BlackRock USD Institutional Digital Liquidity...
BlackRock’s tokenised fund draws over US$240 million since debut
BLACKROCK’s money-market fund that records share ownership on the Ethereum blockchain has attracted more than US$240 million since its debut a week ago. The BlackRock USD Institutional Digital Liquidity...
