Tether onboards head of government affairs from PayPal
Jesse Spiro said he intended to work with industry leaders and lawmakers to help grow the ecosystem in his role at Tether.
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PayPal
Celsius Bankruptcy Admin Distributes $2.5B To Creditors
Bankrupt crypto lender Celsius Network has completed the payouts to two-thirds of the creditors despite the challenges of the distribution process. In its first report, the plan administrator detailed the status of the distribution plan and the following steps for the repayment process.
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PayPal’s PYUSD stablecoin hits $1B market cap
PYUSD is competing with rivals such as Circle’s USDC and Tether’s USDT.
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Anchorage Digital launches reward program for PYUSD holders amid $1B milestone
Anchorage Digital, a leading institutional-grade crypto platform, has launched a reward program for institutional investors holding PYUSD on its platform or in its self-custody wallet Porto, according to an Aug. 22 statement.
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Anchorage adds PayPal stablecoin yield to custody platform
Institutional crypto custodians like Coinbase offer competing rewards programs.
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Haun Ventures backs Chaos Labs with $55M Series A funding
Other investors in the round include PayPal, Lightspeed, Galaxy Ventures, Wintermute, F-Prime Capital, Slow Ventures and The Spartan Group.
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