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Paypal’s Xoom adds PYUSD as funding for cross-border money transfers

PayPal enables use of PYUSD in cross-border transfers for Xoom users Xoom users in the US can convert PYUSD into USD and send money to 160 countries. Xoom, the international…

Market Ignores CPI Inflation Data as Scorching Crypto Rally Continues and Money Pours Into Presales

Cryptocurrencies boomed in recent weeks, especially $BTC which soared above $50,000 for the first time in 2 years, despite the release of a recent C.P.I.  (Consumer Price Index) that came…

Bitget Wallet Unveils ‘Smart Money’ Feature, Elevating Trading with AI-Enhanced Real-Time Insights

Victoria, Seychelles, January 5th, 2024, Chainwire The world-leading Web3 trading wallet, Bitget Wallet (formerly known as BitKeep Wallet), has unveiled its ‘Smart Money’ feature, an advanced tool designed to refine…

Play games, earn Money: how GFOX is revolutionizing P2E for mainstream users

Over the last 50 years, video games have mostly been a way to relax and forget about a busy day. But now, with news of new blockchain technologies like NFTs,…

Coinbase unveils global, instant money transfers via popular messaging and social platforms

Coinbase will allow users to send money globally via popular messaging apps like WhatsApp, iMessage, and Telegram. The transactions are instant and free, breaking down geographical barriers. To facilitate these…

SafeMoon founders arrested on wire fraud and money laundering charges

SafeMoon founders arrested; Kyle Nagy at large. The charges include wire fraud and money laundering. There are also accusations of misappropriation and investor deception. In a significant development, the founders…

Alchemy Pay secures Money Transmitter License in Arkansas, US

The Alchemy Pay platform supports payments in 173 countries. In January 2023, Alchemy Pay earned recognition as an official service provider by Visa, In June 2023, Alchemy Pay was included…

Tornado Cash founders charged with money laundering

DOJ has arrested Storm and is on the lookout for Semenov. Tornado Cash was used in several crypto heists last year. OFAC had sanctioned Tornado Cash in August of 2022.…

Singapore High Court rules crypto not different from fiat money or shells

Cryptocurrencies will now be viewed as property in Singapore. The high court also demystified the notion that cryptocurrencies do not hold any value. The Monetary Authority of Singapore (MAS) will…

Has institutional money left crypto?

Key Takeaways Crypto prices have rebounded strongly this year, but the space remains barren compared to the pandemic hysteria Institutional money has fled at an alarming pace, and there is…