MoonPay is shifting gears. Known for letting users buy crypto with a credit card, the company is now moving deeper into financial infrastructure. It has partnered with M0 to launch PYUSDx, a framework that lets developers create application-specific stablecoins backed by PayPal USD. That turns PYUSD from a simple token into a launchpad. Instead of navigating months of … [Read more...] about MoonPay PYUSDx Framework Is Bringing App-Specific Stablecoins to the Mainstream
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Luna Foundation Acquires An Additional 37.8k Bitcoin Worth $1.5B, Bringing its Total Holdings to 80,394 BTC
Summary: The Luna Foundation Guard has bought an additional 37,863 Bitcoin worth $1.5 billionThe purchase is in line with Do Kwon’s goal of backing UST with digital asset reserves worth $10 billion The Luna Foundation Guard now holds 80,394 BTC The Luna Foundation Guard has acquired an additional 37,863 Bitcoin worth $1.5 billion to further back its popular stablecoin of UST. … [Read more...] about Luna Foundation Acquires An Additional 37.8k Bitcoin Worth $1.5B, Bringing its Total Holdings to 80,394 BTC
Panther protocol co-founder Oliver Gale discusses bringing zero-knowledge technology to multi-chain
Privacy coins and zero-knowledge technology, which some use to obfuscate the identity of sends/receivers and transaction amounts, have gained enormous popularity in recent years due to mounting regulatory surveillance against the crypto sector. But despite their rapid rise in market cap, critics continue to scrutinize such class of assets as enablers for masking illicit … [Read more...] about Panther protocol co-founder Oliver Gale discusses bringing zero-knowledge technology to multi-chain
Checkout.com raises $1B in Series D, bringing valuation to $40B
Global payments processor Checkout.com announced a $1 billion Series D funding round on Wednesday, which marks a total of $1.8 billion raised to date and a $40 billion company valuation.Among the primary investors in the latest round are Altimeter, Dragoneer, Franklin Templeton, GIC, Insight Partners, the Qatar Investment Authority, the Oxford Endowment Fund and more.Big news … [Read more...] about Checkout.com raises $1B in Series D, bringing valuation to $40B
Drone Racing League Zooms Into Metaverse, Bringing ‘Play to Earn’ to Algorand
Competitive drone racing is joining the play-to-earn party.Drone Racing League (DRL) and Web 3 game developer Playground Games have tapped Algorand’s blockchain to create the first play-to-earn drone game in the metaverse, announced by the league on Wednesday.The details for the game itself have yet to be determined – a representative from DRL told CoinDesk it will look to its … [Read more...] about Drone Racing League Zooms Into Metaverse, Bringing ‘Play to Earn’ to Algorand