PayPal Partners with Anchorage Digital to Offer PYUSD Rewards
PayPal has teamed with Anchorage Digital to promote PYUSD despite legal and regulatory issues with stablecoin interest payments. Thanks to this partnership—which Fortune first announced—incentives for institutional investors to hold PayPal’s PYUSD will be provided. Unlike other cryptocurrency organizations that operate under state licenses or as uncontrolled enterprises, Anchorage Digital is the only U.S. crypto […]
Aave Launches on Era Mainnet Powered by Zksync
The ZKSync Era mainnet now supports Aave V3 to provide liquidity and yield for zero-knowledge blockchain ecosystem users. In a blog post, Aave Labs stated that with the launch of Aave V3 on Era, the community could take advantage of cutting-edge ZK technology to gain more access to decentralized finance. Additional institutional use cases, such […]
Starknet Debuts Parallel Transaction Execution on Testnet
Starknet, an Ethereum layer-2 scaling solution, has enabled parallel execution on the testnet ahead of the mainnet launch in a few weeks. A testnet update for Starknet, a layer-2 blockchain running on top of the Ethereum network, has been released. The new capabilities are intended to expedite the execution of transactions. Starknet claimed in an […]
CoinGecko Warns of Fake Airdrop Scam
Cryptocurrency pricing aggregator CoinGecko reports social media scams promoting GECKO token airdrops. The cryptocurrency data aggregator CoinGecko advised users to be cautious as fraudulent schemes aimed at its community gain traction and issued a warning on false airdrop frauds. CoinGecko warned its followers on August 21 on X about false rumours of a GECKO token […]
Tether Announces Development of UAE Dirham-Pegged Stablecoin
The creator of stablecoins, Tether, has announced plans to introduce a stablecoin linked to the dirham of the United Arab Emirates. The world’s largest stablecoin issuer, Tether Inc., said on August 21 that the new stablecoin would be introduced in association with Phoenix Group PLC, an IT behemoth with headquarters in the United Arab Emirates, […]