• Paxos announced the removal of 4.98 billion BUSD stablecoins from circulation, causing it to drop out of the top 10 crypto assets by market capitalization. • The majority of …
• NFT sales surged 43.97% this week, with total sales of $397.86 million and 345,716 buyers. • Ethereum dominated the NFT market with 90% of total sales, followed by Solana …
Paypal Puts Stablecoin Plans on Hold • Payment service giant Paypal announced they were exploring the launch of a stablecoin in early 2023. • However, due to the regulatory scrutiny …
• Protocol Labs, the creator of Filecoin, announced that 21% of its staff will be laid off due to an „extremely challenging economic downturn“ in the crypto industry. • Other …