April 04, 2024
Ripple Will Launch Dollar-Pegged Stablecoin
Blockchain/cryptocurrency company Ripple plans to launch a dollar-pegged stablecoin. The coin will be backed 100% by U.S. dollar deposits, short-term U.S. government treasuries, and other cash equivalents, according to a Thursday (April...
April 04, 2024
Xoom Users Can Now Make Transfers With PayPal Stablecoins
Cross-border money transfer service Xoom now lets users make transactions with PayPal’s USD stablecoin. Xoom, owned by PayPal, said in a Thursday (April 4) press release that the new funding option lets users in the...
April 04, 2024
Singapore Licenses Crypto Platform GSR Markets
Regulators in Singapore have given a license to cryptocurrency market maker GSR Markets. As Bloomberg News noted in a report late Wednesday (April 3), the move is a rare one for the digital...
April 03, 2024
Report: Galaxy Digital Recruiting Investors for $100 Million Crypto Fund
Galaxy Digital Holdings is reportedly talking with outside investors to assemble a $100 million fund to invest in early-stage crypto companies. The planned Galaxy Ventures Fund I will focus on financial...
April 03, 2024
Central Banks and BIS Test Tokenization to Speed Cross-Border Payments
Tokenization is gaining momentum on the global stage, and with commercial applications. The Bank for International Settlements announced Wednesday (April 3) that it is working in tandem with seven central banks —...
April 03, 2024
Messaging Platform Telegram Pivots to Crypto Payments for Ads
Throughout nearly their entire history, cryptocurrencies have represented the archetypal innovation in search of a problem. And while they’ve succeeded as an unregulated store of value, as well as a tool for scammers,...
April 02, 2024
Report: Crypto-Focused VC Firm Paradigm Working to Raise New Fund
Crypto-focused venture capital (VC) firm Paradigm is reportedly working to raise between $750 million and $850 million for a new fund. The company is currently in talks with investors, Bloomberg...
April 02, 2024
Lockchain.ai Debuts Blockchain Risk Management Solution
Lockchain.ai has debuted what it calls the first AI-powered blockchain risk management platform. The company, founded by a trio of cybersecurity CEOs, announced its launch Monday (April 1), saying its platform offered “automated...
April 01, 2024
Cognition Labs Aims to Revolutionize Coding With AI
As the world becomes more connected and digital, coding, previously confined to specialized computer programmers, now influences everything from our daily communication and online shopping to healthcare management and financial...