cryptonews

Genesis finally begins repayments

Bankrupt crypto lender Genesis has completed its restructuring process and started repaying its creditors. Big transfers from Genesis, now we know these are for repayments Genesis...

Galaxy Research warns about Bitcoin L2s

A newly published report from Galaxy Research questions the long-term viability of Bitcoin L2 rollups, citing key challenges for these scaling solutions. Bitcoin rollups are...

BlackRock’s BUIDL pay $2.1M in dividend

In July, the BlackRock USD Institutional Digital Liquidity Fund, the BUIDL distributed a record $2.12 million in dividends to its investors, marking a 16%...

Market in red, but XRP showing strenght, what happens?

The market just faced a general downturn, but XRP managed to perform visibly better than many other assets. Analysts say there are more indicators...

New record in Bitcoin hashrate

Bitcoin's price has taken a hit this week, dropping below $60,000 in time of writing. The bigger picture isn’t that bad, Bitcoin has shown a...

Bybit exits France

Bybit announced it will cease operations for French users starting August 2. This decision comes in response to increasing regulatory scrutiny from France's financial...

Ethereum selling spree is finally over after 80% drop in ETFs outflows?

The price of Ethereum has fallen nearly 15% since the first trading day of its ETFs on July 23. Grayscale’s Trust, the ETHE has...

Paypal announces hackathon with $40,000 prize pool

Paypal, the major payment platform announced a global hackathon for its stablecoin PYUSD, with prizes totaling 40,000 PYUSD. Their goal is to boost innovation...

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