Financial News

Circle’s Programmable Wallets platform is available now for developers on Ethereum, Avalanche and Polygon, with plans to expand to other blockchain later this year.

The latest price moves in bitcoin (BTC) and crypto markets in context for August 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Ether (ETH), bnb (BNB) and cardano (ADA) were similarly little changed. Dogecoin (DOGE) and Avalanche blockchain’s avax (AVAX) fell 1.5% to lead losses among major tokens.

Albawaba- In this week's crypto highlights, PayPal unveils its PYUSD stablecoin backed by Paxos, BitOasis partners with VARA for compliance, and the UAE asserts its position as a significant BTC mining hub...

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

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.

Markets are already expecting the Fed to refrain from more rate hikes this year and have begun pricing in rate cuts in 2024.

The attacker started returning stolen funds after accepting nearly $7 million in bug bounty. Funds had been returned to Alchemix and JPEGd.

Curve Finance’s dramatic exploit exposes DeFi, DoJ concerns of a run on Binance, and Hong Kong debuts retail crypto trading.

The “Workaholics” co-creator and star is the face of Bitget’s new #SetForChange campaign, which released a new “Crypto & Beach Houses” video to kick off the partnership.

Bitcoin continues to range trade, and altcoin traders are starting to view BTC’s price consolidation as a positive sign for the rest of the crypto market.

Curve Finance pools were targeted by hackers in a reentrancy attack on July 30, sending shockwaves across the DeFi ecosystem. Cointelegraph compiled the week's events.