Bitcoin Archives - Cryptautopsy

Stablecoins, though often overshadowed by the more popular cryptocurrencies like Bitcoin and Ethereum, are steadily gaining ground in the financial ecosystem. In 2022, their influence was undeniable, with settlements that even rivaled the giant – Visa. Introduction: Stablecoin vs. Visa Who would’ve thought that stablecoins would come close to matching the transactions of Visa, a […]

14
Aug

PayPal Expands Crypto Presence: PYUSD Stablecoin Targets DeFi Integration

CryptOligarch / 1 year
0
2 min read

PayPal, a major player in the financial technology space, is extending its foray into the cryptocurrency industry with the integration of its newly introduced stablecoin, PYUSD, into the decentralized finance (DeFi) ecosystem. Jose Fernandez da Ponte, PayPal’s Senior Vice President of Blockchain, Crypto, and Digital Currencies, recently shared the company’s ambitions during an appearance on […]

14
Jul

Could Bitcoin be the Monetary Choice for the Future of Artificial Intelligence? Speculations by Arthur Hayes’

CryptOrc / 1 year
0
4 min read

Arthur Hayes, co-founder and ex-CEO of BitMEX, suggests Bitcoin could be the currency of choice for future artificial intelligence. With AI predicted to reshape societal norms, and Bitcoin potentially preserving its energy-buying capacity, this speculation hints at a symbiotic relationship between two ground-breaking technologies.

29
May

Bitcoin

Canaan Sees 3.3% Rise in Mining Revenue Amid Overall Revenue Decline

CryptOctopus / 1 year
0
3 min read

Bitcoin miner Canaan is expanding its mining operations to other countries as its mining revenue shows a 3.3% increase in the first quarter, despite an overall decline in revenue. This strategic move comes as Canaan aims to strengthen its position in the market. Increased Mining Revenue Signals Growth Canaan announced that it generated $11.1 million […]