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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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Most Americans polled oppose betting on elections: Reuters

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The prediction market industry enables people to bet on US ‌elections and sporting events.

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Cysic crypto bridge halted after unauthorized mint of 10M CYS

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Cysic said the incident was limited to bridge message processing and minting and did not affect the mainnet or other operational systems.

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Chinese suspect in $75M international crime network arrested in Bangkok

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Police alleged the suspect was involved in cryptocurrency and foreign-currency exchanges for criminal groups across more than 133 accounts.

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