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Jihan Wu’s Bitdeer completes mining facility in Bhutan, gets new rigs to boost capacity

Bitdeer said it continues to curtail power usage in Texas amid local heat.

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Author: Timmy Shen

First Mover Asia: What Will Make Bitcoin Reach $30K?

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Author: Sam Reynolds

PayPal’s stablecoin faces questions about usefulness, gas fees and old tech

While PayPal said the stablecoin would be rolling out starting today, its website didn’t immediately show an option to purchase PYUSD.

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Author: RT Watson

Solana-Based Cypher Protocol Experiences Exploit, Freezes Smart Contract

The protocol’s contracts are now frozen as contributors attempt to make contact with hackers to negotiate a return of funds.

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Author: Danny Nelson

Crypto Exchange Mango’s Legal Bills Swell, a Year After Alleged $116M Heist

First the blockchain-based exchange was allegedly victimized by a market manipulator, and now it’s having to spend big on lawyers to pursue suits and other remedies.

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Author: Danny Nelson

PayPal’s Regulated Stablecoin Is a ‘Watershed Moment’ in Crypto Space, Says Paxos

“The difference is significant because we have a prudential regulator,” said Paxos head of strategy Walter Hessert.

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Author: Ian Allison, Helene Braun

Two Months in El Salvador: The Ground Game for Bitcoin Adoption

A graduate student on leave from the Wharton School checks in on the first country to adopt Bitcoin as legal tender. Are locals buying it?

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Author: Jonathan Martin

Crypto News Today: PayPal’s Stablecoin Debut, Worldcoin’s Kenyan Hurdles, and More

From PayPal’s entry into the stablecoin market to regulatory challenges faced by Worldcoin in Kenya, the crypto world continues to be a blend of innovation and controversy.

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Author: Joe Lautzenhiser

Crypto’s Path Forward Could Follow the Financial World’s Departure From LIBOR

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Author: Dmitry Gooshchin

Here’s how a ‘ghost’ whale is shaping the crypto options market

Laura Vidiella explores the complexities of crypto’s options market and explains why some market participants think there is a ‘ghost’.

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Author: Davis Quinton and Frank Chaparro


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