Crypto

Source: Bitcoinist Two ex-senior executives from Coinbase, Vishal Gupta and Patrick McCreary, have announced the launch of TrueX. This new crypto exchange will focus on stablecoins, using PayPal Holdings Inc.’s PYUSD as its “preferred token for transactions.” According to a Bloomberg report, TrueX aims to cater primarily to institutional investors in the US and select international…

Source: Coin Tegraph Skale CMO Andrew Saunders described memecoins as a player-versus-player situation where early investors get the most gains.  Read Full Article

Source: Coin Tegraph Bitcoin price action may have to diverge from stocks if history repeats itself after a bumper Fed rate cut, analysis warns. Read Full Article

Source: Bitcoinist After weeks of continued bullishness, Helium has now succumbed to the bearish pressure going against the grain as the broader market skyrockets in the short term. The latest market data shows that HNT fell by nearly 16% since last week, leading to a flip in investor sentiment.  HNT’s market performance in the short…

Source: Coin Tegraph The former BitMEX boss said the Fed has acted in the interests of presidential candidate Kamala Harris.  Read Full Article

Source: Bitcoinist As BlackRock expands its presence in the cryptocurrency space with the launch of Bitcoin and Ethereum exchange-traded funds (ETFs), the asset manager has released a comprehensive Bitcoin paper that outlines BTC’s importance and its broader impact on the financial landscape. The Case For Bitcoin Authored by key executives including Samara Cohen, Chief Investment…

Source: Coin Tegraph PeckShield warns Decentraland followers of an ongoing phishing attack using a fake MANA airdrop, urging users to avoid interaction. Read Full Article

Source: Coin Tegraph The SEC has taken action against romance scammers for the first time, charging two allegedly fake crypto exchanges with carrying out fraud. Read Full Article

Source: Bitcoinist According to one analyst, Tron, a popular smart contracts platform and a stiff competitor of Ethereum, could be one of the most important layer-1s. Based on his assessment, the platform now serves more as a transactional layer, similar to Bitcoin. Tron Leads In P2P Stablecoin Transfers While the network was first known for…

Source: Coin Tegraph Sui’s technical capabilities and the upcoming release of a native gaming console could see the network eventually rival Solana, but tokenomics pose a looming threat. Read Full Article