Inflation Figures and Potential Market Shocks
The cryptocurrency market is on high alert for potential shocks as crucial inflation data is due to be unveiled this week, coinciding with the U.S. Federal Reserve’s policy meeting on September 20. The Fed might forgo a rate hike if inflation proves to be under control. Despite Bitcoin’s current sluggish performance, it remains resilient, hovering above $25,700 and drawing positivity from its 200…
MetaMask has introduced a new Sell feature.
The feature allows users to convert their crypto to fiat.
It supports ETH on Ethereum Mainnet, with plans to expand to native gas tokens on layer 2 networks.
The service is available in the US, UK, and parts of Europe.
MetaMask, a leading Ethereum crypto wallet, has recently launched a new feature that is set to revolutionize the way users convert their crypto assets into fiat currency…
dYdX, the leading decentralized perpetuals exchange, is taking a stand against Maximal Extractable Value (MEV) ahead of its migration to a Cosmos-based appchain.
The dYdX Foundation published a list of preferred practices for dYdX Chain validators and stakers.
The manifesto warns that validators engaging in malicious MEV will face punishment.
The foundation added that delegates could also face repercussions should they support validat…
PayPal has launched its own stablecoin called PayPal USD (PYUSD).
PYUSD is fully backed by U.S. dollar deposits.
It can be bought or sold on PayPal’s app or website for $1.00 per PYUSD.
The stablecoin is designed to reduce friction for in-experience payments in virtual settings and allowing direct flows to developers.
PayPal Launches PYUSD Stablecoin
PayPal has launched its own stablecoin called PayPal USD (PYUSD). The company…
