X Payments Chief Unveils Plans for In-App Financial Ecosystem

Christopher Stanley, the Chief Information Security Officer at X Payments, has announced exciting plans for enhancing the platform’s payment functionalities. Instead of just offering “tipping,” X Payments aims to develop a robust in-app wallet that enables users to store and transfer funds to any other X Payments user. Instead of merely transferring funds as tips, … Read more

PayPal’s Bitcoin Rewards Program Promotes Sustainable Mining

PayPal is making waves in the Bitcoin mining community by proposing an innovative solution to make the process more eco-friendly. In collaboration with Energy Web and DMG Blockchain Solutions, PayPal’s Blockchain Research Team is introducing a fresh idea called “cryptoeconomic incentives.” Excitedly, we’re sharing the news: EnergyWebX and Green Proofs for Bitcoin (#GP4BTC) are teaming … Read more

Venezuela PDVSA Speeds Oil Sales to Tether Amid US Sanctions

According to Reuters, Venezuela’s government-owned oil company PDVSA is moving faster to sell its crude oil using Tether in order to prevent the possibility of having their earnings held in foreign banks due to renewed US oil sanctions. Venezuela’s oil trade is currently being impeded by the U.S. Treasury’s latest action, which necessitates obtaining individual … Read more

Middle East Sees 500K Daily Traders as Crypto Interest Surge

The cryptocurrency market in the Middle East is experiencing a significant increase, with approximately 500,000 daily traders, based on Bitget’s latest findings. Notably, the UAE’s lenient regulations towards crypto have been a major draw for traders in the region. Additionally, according to research, users active on the blockchain are gravitating towards platforms that support gaming, … Read more

Bitcoin Halving Fuels 20% Surge in Top US Crypto Stocks

Following a Bitcoin halving, American cryptocurrency stocks experienced a 20% rise. This growth was driven in large part by an overall uptrend in the financial market. On April 22, Marathon Digital (MARA), CleanSpark (CLSK), Riot Platforms (RIOT), Cipher Mining (CIFR), and Hut 8 (HUT) were the leading stocks with each experiencing over 20% growth. However, … Read more