DeFi
Adoption
PayPal processed nearly $2 billion worth of Bitcoin, Ethereum, and Litecoin trades in May
PayPal even registered a new $300 million daily trading volume record during the last week of May, reveals its broker-dealer itBit.
Hacks
US crime watchdog FBI seizes $2.3 million worth of Bitcoin from hackers
FBI recovers private key for the Subject Address and retrieves over 63 Bitcoin Paid to Colonial Pipeline Hackers.
Regulation
South Korea bans crypto executives from trading on their own platforms
Crypto exchange services are being forced into commission-free trading as South Korean authorities keep adding new restrictions.
Adoption
Paraguay joins the crypto train, says ‘Bitcoin to the moon’
The country’s National Congress member, Carlitos Rejala, announced on Twitter the country’s readiness to legalize Bitcoin.
Adoption
US bank JPMorgan is looking for Bitcoin, Ethereum, and Proof-of-Stake pros
Listings at JPM’s job board hint about where part of the company’s expansion is heading.
Rumors
GTA 6 rumoured to have in-game Bitcoin rewards
According to the latest gaming gossip, the latest in the popular open world gaming series will integrate cryptocurrency into its returning stock market feature.
Regulation
U.K. authorities say crypto firms ‘fall short’ of AML rules
As global standards on areas such as anti-money laundering emerge, numerous businesses are backing out of failing to comply with regulation.
Mining
Norton could soon bring in-built Ethereum mining to everyday laptops
Norton designs an easy-entry solution for prospective cryptocurrency miners.
Regulation
Former U.S. congressman Ron Paul says legalize Bitcoin and ‘let it compete with dollar’
Former congressman Ron Paul shared his concerns on the government’s intervention on crypto.
Mining
Bitcoin miners made over $1.4 billion last month, despite plunge
Bitcoin’s plunge in May affected the mining revenue drop, eased by the supercharged beginning of the month.
Mining
New electric car ‘Spiritus’ will mine Dogecoin and Bitcoin while parked
Canadian developer Daymak announces the world’s first electric car designed for mining crypto.
Trading
Publicly-listed Chinese brokerages eye Bitcoin offerings, but there’s a catch
Two Nasdaq-listed brokers reveal their plans to launch crypto trading services, targeting offshore clients only.