Paypal Ventures, the venture capital division of Paypal, revealed this week its investment in Mesh, a financial technology startup focused on advancing digital payments. The investment entity emphasized that the capital injection was primarily allocated using the firm’s newly introduced stablecoin, PYUSD. Mesh Attracts Paypal Ventures Investment, PYUSD Leveraged This week, Paypal Ventures disclosed its […]

Some Abracadabra Finance contracts were drained of $6.49m, causing its Magic Internet Money stablecoin to depeg. Abracadabra Money, a cross-chain lending platform, has confirmed a $6.49 million exploit involving the protocol’s Ethereum cauldrons, that allow users to borrow the Magic Internet Money (MIM) stablecoin using different assets as collateral. The MIM development team acknowledged the […]

On Tuesday, Transak, a company specializing in payment infrastructure, revealed its partnership with the financial services powerhouse Visa. This collaboration aims to empower users in 145 nations with the capability to seamlessly exchange their crypto holdings into local fiat currencies, leveraging the Visa Direct platform. Enhanced Crypto Liquidity: Transak’s Alliance with Visa Facilitates Swift Global […]

Crypto and NFT payments infrastructure company Transak has partnered with Visa to integrate Visa debit capabilities into its global off-ramp service. This move increases the options for crypto-to-fiat off-ramps, allowing users in over 145 countries to convert their crypto holdings into local fiat currencies. Using a product called Visa Direct, Transak will allow the fluid […]

Binance plans to reduce its majority stake in South Korean crypto exchange Gopax to address regulatory compliance issues, following its acquisition in early 2023. (Read More)

(NASHVILLE, TN – January 30th, 2024) Bitcoin Magazine, in collaboration with Kraken Digital Asset Exchange, is excited to unveil the 2024 Bitcoin Halving Livestream. This celebration, akin to a New Year’s Eve variety show and featuring bitcoin’s biggest names, is dedicated to marking the fourth epoch in Bitcoin’s history. Broadcasting live from Nashville, Tennessee, the […]

Bitcoin, Ethereum, and similar giants are frequently the center of attention in the thriving world of cryptocurrencies, where fortunes are made and futures are fashioned. However, a new competitor appears among the imposing behemoths, discreetly but steadily raking in large sums of money from people like Solana and Cardano. Retik Finance is an underdog cryptocurrency […]

In the world of cryptocurrencies, competition is fierce, and tokens are constantly vying for the top spot. While established players like Cardano (ADA) have made their mark, two rising stars, Solana (SOL) and Pandoshi (PAMBO), are emerging as formidable contenders poised to exceed ADA’s performance in 2024.  These tokens have been making waves in the […]

New York City, United States, January 30th, 2024, Chainwire Developers can receive up to $50,000 USDC per project, plus dedicated tech support, introduction to accelerators and investors, marketing support and project consulting.  Cartesi (CTSI), an app-specific rollup protocol with a virtual machine that runs Linux distributions, announced today an allocation for $1 million to the […]

The crypto market in 2024 is experiencing a significant shift, moving away from the dominance of Bitcoin (BTC) and Ethereum (ETH) towards the rising prominence of alternative currencies. Traditionally, BTC and ETH have led bull runs, but the current market dynamics suggest a different trajectory – a handful of altcoins are now poised for extraordinary […]