Anchorage Digital launches reward program for PYUSD holders amid $1B milestone

Anchorage Digital, a leading institutional-grade crypto platform, has launched a reward program for institutional investors holding PYUSD on its platform or in its self-custody wallet Porto, according to an Aug. 22 statement. The company announced that institutions using its services or Porto can now earn “competitive rewards” on their PYUSD holdings. Unlike other reward programs …

Mercado Libre, Latam’s Largest Company, Launches Own Dollar Stablecoin

Mercado Libre, the largest public company in Latam by market capitalization, has announced the release of its own dollar-pegged stablecoin, the meli dolar, for the Brazilian market. The development was completed in partnership with Ripio, an Argentine cryptocurrency exchange, and is issued by Meli Uruguay S.R.L., a part of the Mercado Libre group. Mercado Libre …

Tron’s Sun Pump Debut Sparks New Highs in Meme Coin Market

Since its debut in mid-August, Sun Pump, a Tron-based meme coin generator, has been bustling with action. Data from Dune Analytics reveals that close to 30,000 Sun Pump-issued tokens have been minted to date, with an impressive 7,531 tokens created just this past Wednesday. Tron’s Meme Coin Generator Sets New Benchmarks To many observers, the …

Metalex and Lido Finance Propose First Major BORG Initiative

Metalex and Lido Finance have rolled out a bold proposal to launch the first major cybernetic organization (BORG), setting their sights on boosting trustlessness in the crypto world. This move marks a fresh chapter in merging legal structures with autonomous technologies, further enhancing the power of decentralized autonomous organizations. Enter the BORG—Metalex and Lido Finance …

El Salvador to Educate 80,000 Public Servants on Bitcoin

The Bitcoin Office of El Salvador announced that 80,000 public servants will receive bitcoin instruction and certification through an educational module that is part of the Higher School of Innovation in Public Administration (ESIAP) program. The module also includes training in the areas of cybersecurity, blockchain, and artificial intelligence (AI), offering a public administration certificate. …

US Payrolls Revised Down by 818,000, Largest in 15 Years: QCP Capital Analyzes Impact on Markets

QCP Capital reports that the largest downward revision to U.S. payrolls in 15 years has raised concerns over the strength of the labor market. The report suggests that these revisions could influence the Federal Reserve’s decisions on interest rates. QCP Capital: U.S. Payroll Revision and Fed Policy Shift Market Dynamics QCP Capital‘s latest insights highlight …

Franklin Templeton Expands Tokenized Money Market Fund to Avalanche Network

Franklin Templeton has extended its blockchain initiatives by launching its tokenized U.S. Government Money Fund on the Avalanche network. This move marks another expansion of the firm’s onchain financial products. Avalanche Adds Franklin Templeton’s Tokenized Money Fund to Its Blockchain Ecosystem Franklin Templeton, an investment firm with $1.6 trillion in assets under management, has integrated …

‘The Most Hated Rally in Crypto’ – Former Goldman Sachs Executive Predicts These Altcoins Will Outperform Market

Ex-Goldman Sachs executive Raoul Pal thinks one controversial sector of altcoins is primed to outperform other crypto assets in the coming months. Pal tells his 1 million followers on the social media platform X that the crypto world “hates” tokens with high valuations and low initial circulating supplies, otherwise known as low float/high fully diluted …

Crypto Trader Says Solana Rival Could Surge by 30%, Updates Outlook on Bitcoin, Polygon and Aave

A closely followed crypto analyst says that one competitor of Solana (SOL) could skyrocket by 30% while updating his outlook on Bitcoin (BTC) and other digital assets. In a new strategy session, crypto trader Ali Martinez tells his 69,600 followers on the social media platform X that one key metric is flashing a buy signal …

Solana-Based DeFi Platform Mango Markets Drafts Proposal for Settlement Conditions With SEC

A decentralized finance (DeFi) platform based on the smart contract platform Solana (SOL) is drafting a proposal to settle with the U.S. Securities and Exchange Commission (SEC). In a new community proposal, the decentralized autonomous organization (DAO) of Mango Markets (MNGO) has voted to settle with the SEC even though the regulator hasn’t formally charged …

Coinbase Policy Chief Endorses Kamala Harris’ Crypto Industry Expansion Policy Efforts

The policy chief of the largest US-based crypto exchange by trading volume is backing Kamala Harris’ efforts to work with the digital assets industry. In response to a Bloomberg article reporting that the Harris campaign is seeking to expand crypto, Coinbase Chief Policy Officer Faryar Shirzad says he has been present with the Harris campaign …

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