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PayPal to Introduce Rewards for PYUSD Holders

PayPal to Introduce Rewards for PYUSD Holders

Payment service PayPal is set to launch a rewards program for holders of the PYUSD stablecoin in the United States to boost its popularity. This was announced in the company’s blog. American users will be offered an annual rate of 3.7% on PYUSD deposits in PayPal or Venmo. Interest in stablecoins is planned to be […]

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Inaccuracies Found in Bitcoin Declarations of Ukraine's Anti-Corruption Bureau

Inaccuracies Found in Bitcoin Declarations of Ukraine’s Anti-Corruption Bureau

The publication «Українські новини» discovered inaccurate or fake data in 15 out of 23 declarations by employees of the NABU mentioning cryptocurrencies. Journalists suggested that officials might be using this to conceal financial manipulations. Among those mentioned is senior detective Oleksandr Rykovtsev. According to the declaration, in 2016, his wife purchased 12.49 BTC ($1.1 million […]

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Russia to Establish Exchange for Highly Qualified Investors

Russia to Establish Exchange for Highly Qualified Investors

The Ministry of Finance and the Bank of Russia will launch a cryptocurrency exchange aimed at highly qualified investors, according to TASS, citing Finance Minister Anton Siluanov. The official emphasized that the new project will help legalize digital assets and bring their operations out of the shadows. Siluanov noted that this concerns activities within the […]

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Bybit CEO Discusses Exchange's Use of AI Tools

Bybit CEO Discusses Exchange’s Use of AI Tools

Bybit has integrated a range of AI tools for both client and internal use, according to the company’s CEO, Ben Zhou. how does crypto exchange and AI integrate? I will share a few things that we do at Bybit, both for clients and internal usage: For Clients1. CryptoLens: Ai powered deep analysis on any project […]

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Coinbase to Establish Office in North Carolina, Hiring Over 130 Staff

Coinbase to Establish Office in North Carolina, Hiring Over 130 Staff

Coinbase plans to hire more than 130 specialists for a new office in Charlotte, North Carolina. A representative of the cryptocurrency exchange confirmed the plans in a comment to Cointelegraph. The company aims to recruit locals for roles in regulatory compliance and customer support, with the hiring process to be completed within six months. A […]

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B2BROKER Offers Guidance on Selecting Liquidity Providers for 2025

B2BROKER Offers Guidance on Selecting Liquidity Providers for 2025

The liquidity and technology provider for cryptocurrency and forex markets, B2BROKER, has shared recommendations with ForkLog on choosing a LP for brokers dealing with various asset types. “In the context of trading multiple asset classes—cryptocurrencies, commodities, indices, and stocks—the role of liquidity providers becomes especially crucial. With access to multiple markets, brokers can implement diversified […]

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Cryptocurrency Theft Software Operators Turn to Rental Model

Cryptocurrency Theft Software Operators Turn to Rental Model

The shift by developers of cryptocurrency theft malware—known as drainers—to a Drainer-as-a-Service (DaaS) model, akin to SaaS, has significantly simplified access to and use of the software. This is according to a report by AMLBot. Diagram of drainer operators working with their clients. Source: AMLBot. For a one-time fee of $100-300, novice fraudsters can rent […]

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Bitcoin Spot ETFs Witness Largest Inflows Since Trump's Inauguration

Bitcoin Spot ETFs Witness Largest Inflows Since Trump’s Inauguration

On April 22, investors funneled $936.4 million into spot ETFs based on digital gold, marking the highest level since January 21. The previous day saw inflows of $381.4 million. Data: SoSoValue. The cumulative inflow increased to $36.69 billion. AUM reached $103.34 billion. On April 22, the positive trend was significantly influenced by: ARKB from ARK […]

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Survey: Russians Prefer Salaries in Dollars Over Cryptocurrency

Survey: Russians Prefer Salaries in Dollars Over Cryptocurrency

According to a Forbes report, 53% of Russians would rather receive their salaries in foreign currency, while only 16% favour cryptocurrency. This data comes from a survey conducted by the international platform Stape among 5,000 individuals aged 18 to 55. Among the respondents, 33% chose the US dollar, 28% preferred the euro, and 20% opted […]

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BloFin Joins Elite Group of Exchanges with Unified Trading Account Support

BloFin Joins Elite Group of Exchanges with Unified Trading Account Support

The cryptocurrency exchange BloFin has announced the full launch of its Unified Trading Account (UTA), which integrates spot and futures accounts. This was revealed in a press release. BloFin introduced the UTA in early April. According to exchange representatives, the company, alongside OKX, Bybit, and Gate.io, is among the few trading platforms offering this feature. […]

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SEC Accuses PGI Global CEO of $198 Million Cryptocurrency Fraud

SEC Accuses PGI Global CEO of $198 Million Cryptocurrency Fraud

The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against PGI Global CEO Ramil Palafox, accusing him of orchestrating a cryptocurrency pyramid scheme that amassed $198 million from clients. According to the regulator, from January 2020 to October 2021, the company sold “membership packages” promising returns of up to 200%. These products were […]

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Trump's Shift in Rhetoric Spurs Enthusiasm in Crypto Derivatives Market

Trump’s Shift in Rhetoric Spurs Enthusiasm in Crypto Derivatives Market

The current rise of Bitcoin to $94,000, following conciliatory comments by U.S. President Donald Trump regarding tariffs and the head of the Fed, was accompanied by an increase in funding rates and open interest (OI) on perpetual contracts. According to Velo, the total volume of open positions soared by 10% to $17.83 billion. The pace […]

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