Business

PayPal Stablecoin Tops $1.3 Billion as PYUSD Expands to Tron, Avalanche

In brief LayerZero extended PYUSD’s presence to nine additional blockchains. PYUSD0 tokens represent a bridged version of PayPal’s stablecoin. The stablecoin had a market capitalization of $1.3 billion on Thursday. PayPal’s PYUSD stablecoin expanded to nine new blockchains on Thursday after LayerZero, an interoperability protocol, unveiled additional support for the token in a blog post.The…

Business

Kevin Spacey Reveals Film Created With Alleged Crypto Ponzi Schemer

In brief Kevin Spacey has returned to directing with “Holiguards Saga—The Portal of Force,” a sci-fi film written by Russian entrepreneur Vladimir “Lado” Okhotnikov. Okhotnikov, co-founder of Ethereum DeFi app Forsage, faces U.S. fraud charges tied to an alleged $300 million crypto Ponzi scheme. The film, which is inspired by Okhotnikov’s libertarian principles, is the…

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xStocks launch on Ethereum

We’re excited to announce the next major step in the rapid growth of xStocks, the industry’s gold standard for tokenized equities. In partnership with Backed, Kraken is bringing xStocks to the Ethereum blockchain, unlocking a new wave of opportunities for tokenized stocks and ETFs to be integrated across the world’s most widely adopted smart contract…