Terraform Labs and its Founder, Do Kwon, have reached a settlement with the US Securities and Exchange Commission (SEC) following allegations of fraud surrounding the collapse of the stablecoin TerraUSD, Reuters reported. The agreement, disclosed on a court website, arrived after a jury found Kwon and Terraform Labs liable for civil fraud charges...

Robinhood has introduced Crypto Trading API, a service that enables users to craft their trading programs and use algorithms to execute trades. This offering aims to streamline trading processes and allow users to diversify their strategies, catering to seasoned and new traders exploring the market.Round-the-Clock AccessibilityRobinhood's API enables...

Global payment giant Mastercard has launched its peer-to-peer cryptocurrency credentials pilot program to simplify how users send and receive digital currencies. The new service is available in more than ten countries in Europe and Latin America. By introducing the Mastercard Crypto Credential, the company aims to simplify and secure crypto transfers,...

Crypto exchange Gemini, owned by the Winklevoss twins, has announced the return of $2.2 billion to users of its Earn program after halting withdrawals 18 months ago, CNBC reported. This move followed a substantial settlement between the New York Attorney General and Genesis, Gemini's lending partner.Refunding Crypto Lending UsersWith the more than...

The New York Stock Exchange (NYSE) has partnered with CoinDesk to track spot Bitcoin prices. This collaboration aims to bridge traditional finance with cryptocurrency and offer investors ways to engage with digital assets. The partnership involves cash-settled index options tracking the CoinDesk Bitcoin Price Index (XBX). Introducing Bitcoin Index...

PayPal has integrated its stablecoin Paypal USD (PYUSD) with the Solana blockchain, promising faster and more cost-effective transactions. This move aims to enhance user flexibility by leveraging Solana’s capability to handle high-volume, low-cost transactions efficiently.PayPal USD Joins Forces with SolanaPayPal announced the availability of PYUSD...