Circle adds Apple Pay support
Stablecoin issuer Circle has integrated Apple Pay support to benefit traditional businesses by allowing them “to shift more retail payments to digital currency.” To bridge the gap between cryptocurrency and conventional payment method s, Circle, the creator of the USD Coin stablecoin linked to the US dollar, has added support for Apple Pay. The announcement […]
FTX hacker ranks 35th in largest ETH holding accounts
According to blockchain intelligence firm Elliptic, the troubled FTX exchange’s accounts were raided for more than $663 million in various crypto assets elevating the hacker to the rank of “Ether ETH whale.”. Elliptic estimated that $477 million of this was stolen, with a significant portion of those tokens being converted into ETH, and that FTX […]
Serum Tokens Price Doubles After Emergency Fork
The price of a Serum token went as high as 32 cents, up from a low of 12 cents just two days ago. This happened as members of the decentralized exchange scrambled to implement an emergency fork after the hack of Sam Bankman-FTX Fried’s exchange raised security concerns. The serum is a decentralized exchange protocol […]
Bitcoin Trades, Losing on Fed Day? We’ll Find Out
Five of the six days after the Federal Reserve announced new interest rates, the price of BTC went in the opposite direction. This year, the price of bitcoin has changed direction five out of six times after the U.S. central bank made a decision about interest rates. On three occasions, the price of BTC fell […]
DeFi Protocols Surge in Popularity Amidst Ether Outflows
After Sam Bankman-FTX Fried’s exchange failed, more and more crypto traders are turning to decentralized finance (DeFi) protocols. This is because Ethereum tokens are leaving big centralized crypto exchanges like Binance and OKX. Decentralized finance (DeFi) protocols are becoming more and more popular at the same time that there are more and more signs that […]