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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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Coin Market

Strategy’s Michael Saylor again hints at impending BTC purchase

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The biggest Bitcoin treasury company’s data shows holdings are profitable, having gained about 3.3% amid Bitcoin’s rally to about $78,000.

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Coin Market

Litecoin gives post-attack update, but other devs doubt zero-day theory

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Valid transactions that occurred during the affected blocks were not impacted and remain on the main chain, the Litecoin development team said.

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Market conditions force 1 in 3 crypto traders to cut everyday spending: Survey

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More than a third of US crypto traders report cutting daily expenses and delaying major purchases as unrealized losses weigh on household finances.

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