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PayPal PYUSD stablecoin is 100% backed: Paxos transparency report

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The total assets held in PayPal USD custody “meet or exceed the token balance,” with total tokens outstanding amounting to $44.4 million as of Aug. 31, Paxos report states.

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SEC crypto ‘overreach’ cost small investors $15B: John Deaton

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According to a popular pro-crypto attorney and Senate candidate, the SEC’s overreach into the crypto industry has cost retail investors over $15 billion in losses.

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Meta to resume AI training in UK after regulatory pause

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The tech giant will use public information, including posts, comments, photos, and captions from adult users on Instagram and Facebook.

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Crypto millionaire loses $43 million in Ether-Bitcoin trading bet

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Fickel is one of the world’s wealthiest cryptocurrency investors, currently holding more than $4.8 million worth of Ether.

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