The introduction of PayPal stablecoin (PYUSD) represents a groundbreaking development in the realm of stablecoins and digital currencies. In a recent move that captured the attention of the financial world PayPal Holdings Inc (NASDAQ: PYPL) announced the launch of its own stablecoin PayPal USD (PYUSD). While the launch of PYUSD …

While the primary focus is on cryptocurrencies, the RCMP acknowledges the importance of including NFTs in its approach. In Canada, the Royal Canadian Mounted Police (RCMP) and Shared Services Canada (SSC) are collaborating to develop a groundbreaking digital asset solution aimed at streamlining the seizure and storage of crypto and …

Circle revealed that it is actively pursuing partnerships to promote the adoption of USD Coin. Prominent Stablecoin issuer Circle is demonstrating its commitment to adaptability and resilience as it faces renewed competition from unexpected players. As non-crypto giants such as PayPal Holdings Inc (NASDAQ: PYPL) enter the field, Circle’s CEO …

The company’s expansion into new business verticals has played a significant role in bolstering its fiscal Q1 2024 results. Chinese e-commerce giant, Alibaba Group Holding Ltd (HKG: 9988) has announced remarkable revenue and financial results for its fiscal Q1 2024 ending June 30. With a 14% year-on-year increase in revenue …

Virgin Galactic has highlighted that its narrative doesn’t end with the launch of the VSS Unity, but extends to the development of an even more sophisticated fleet, aptly named the Delta class. Virgin Galactic Holdings (NYSE: SPCE) is on the verge of making history once again with the launch of …

Backed’s RWAs can be accessed on Fantom (FTM), Avalanche (AVAX), Gnosis (GNO), BNB Chain, Arbitrum (ARB), Ethereum (ETH), and Polygon (MATIC). In an exciting development, Backed, a leading platform for tokenizing Real-World Assets (RWAs), has outlined its intention to integrate its innovative product lineup with multiple new blockchains. This development …

In the realm of music, the rise of AI-generated content has sparked a dynamic conversation about copyright, innovation, and the future of creative expression.  Universal Music Group (UMG), one of the world’s leading music companies, is reportedly negotiating with Google to license melodies and vocal tracks of artists for use …

As investors and consumers battle with the risks of regular cryptocurrencies, stablecoins provide a dependable shelter where value remains generally stable over time. Prominent brokerage firm Bernstein has unveiled an astounding prediction that the stablecoin market, currently valued at $125 billion, is on track to experience an exponential surge and …

Eli Lilly’s success can be ascribed in part to its promising medical pipeline and strategic acquisitions. American pharmaceutical company Eli Lilly and Co (NYSE: LLY) has reported an impressive surge in profits during the second quarter of 2023, leading to a significant increase in its full-year outlook. The company’s quarterly …

The approval of spot-Bitcoin ETF remains a hot issue of debate among investors, regulators, and financial institutions. Cathie Wood, the CEO of ARK Invest has expressed belief that the US Securities and Exchange Commission (SEC) may approve multiple spot Bitcoin Exchange-Traded Funds (ETFs) simultaneously. Cathie Wood Shifts Perspective on Bitcoin …

Hua Hong’s triumphant market debut stands as a resounding testament to China’s unyielding commitment to attaining self-reliance in the chip and semiconductor industry.  The Chinese semiconductor landscape has witnessed a momentous event as shares of Hua Hong Semiconductor Ltd (HKG: 1347) experienced an exhilarating 13% surge during its public market …

Berkshire Hathaway has reported an astounding $26 billion unrealized gain from its investments. Monday brought good tidings for investors of Berkshire Hathaway Inc (NYSE: BRK) as the company’s shares surged following the release of its robust quarterly report for Q2 2023. A recent report from CNBC revealed that the Class …