Latest Crypto News

$USDT’s market cap has grown by $28 billion this year, bringing it to nearly $120 billion, and giving it a dominant 71% share of the stablecoin market. 

The approval, given by US Bankruptcy Judge John Dorsey on 7 October, allows FTX to use up to $16.5 billion of recovered funds to repay customers who lost their money. 

EIP-7781 was put forward by Ben Adams, who is a co-founder of Illyriad Games, on 5 October.

In total, the company has spent 5.965 billion yen (around $40.32 million) on its Bitcoin portfolio, at an average price of ¥9.33 million ($62,906) per $BTC.

The IMF has proposed a few changes: tightening regulations on Bitcoin use, increasing oversight of the cryptocurrency, and reducing the public sector’s exposure to Bitcoin. 

By using $PYUSD, PayPal aims to show how stablecoins can help companies make instant payments without the delays often associated with traditional financial systems.