News with the tag "Expands"

According to Bloomberg, global payments leader PayPal is set to broaden the adoption of its PYUSD stablecoin across its suite of products. The company plans to integrate PYUSD into its bill-pay system, enabling millions of merchants to accept the digital currency later this year. This move is expect...

Grayscale Investments has taken a significant step in broadening its crypto ETF lineup by filing a Form 19b-4 for a spot polkadot fund on Nasdaq. The new fund, set to trade under the ticker “DOT,” is designed to offer investors regulated exposure to Polkadot without the need to hold the token direct...

MicroStrategy has strengthened its commitment to digital assets by expanding its Board of Directors from six to nine members. The new additions—Brian Brooks, Jane Dietze, and Gregg Winiarski—bring extensive expertise in cryptocurrency, finance, and technology. Brian Brooks, former Binance US CEO and...

In a significant upgrade, Binance has announced an increase in position limits for its unique yield-based margin asset, BFUSD. The enhancement will apply to all users across VIP levels 0 to 9, providing increased trading capacity and flexibility. The changes will officially take effect on December 1...

Upbit's planned listing includes DRIFT trading pairs for the Korean Won, Bitcoin, and Tether. Read original article on coincu.com

Binance, the world’s largest cryptocurrency exchange, is set to expand its workforce by 1,000 employees this year, with at least 20% of the new hires dedicated to compliance roles. This move comes as Binance’s annual spending on regulatory requirements has exceeded $200 million. CEO Richard Teng rev...

Bitwise Asset Management acquires ETC Group, marking its entry into the European market and adding several crypto ETPs to its portfolio. ETC Group, known for its physical Bitcoin ETP (BTCE) and other crypto products, will be rebranded but without significant changes to its strategies. The acquisitio...

Block Inc co-founder Jack Dorsey has shown great optimism about the potential of the Bitcoin mining chip market, terming it a “massive opportunity” for the company. During the Q2 earnings

Hong Kong will launch Asia’s first Bitcoin futures inverse product on July 23. The CSOP Bitcoin Future Daily (-1x) Inverse Product aims to profit from Bitcoin’s price declines. CSOP’s new ETF mimics the inverse daily performance of the S&P Bitcoin Futures Index. Hong Kong is set to launch Asia’s fir...

Pixelverse integrates Pudgy Penguins characters into its Telegram mini-game, joining other crypto favorites like Dogecoin and Mew. PIXFI token is officially listed on Bybit, with deposits starting July 17 and withdrawals on July 19. Pixelverse boasts over 10 million Telegram users and significant da...