Global

PayPal’s dollar-linked stablecoin, PYUSD, is experiencing a notable decline in its market capitalization, raising questions about its long-term viability.

Dogecoin (DOGE) has recently experienced a notable price increase, surging nearly 10% in just one day. This rise is accompanied by an increase in average transaction sizes, suggesting that larger market participants are becoming more active.

Recent data indicates a robust interest in cryptocurrency-backed exchange-traded funds (ETFs), particularly for Bitcoin and Ethereum. Over the past four days, Bitcoin spot ETFs recorded impressive inflows totaling $459 million as of October 16.

In a pioneering move for Thailand's financial sector, Siam Commercial Bank (SCB) has officially launched stablecoin-based cross-border payment services, marking what it claims to be the country's first implementation of stablecoins in the traditional banking system for international remittances.

In a significant operation, Hong Kong police have dismantled an alleged scam center linked to an elaborate cryptocurrency romance investment scheme, arresting 27 individuals in the process.

The Shiba Inu team recently announced the postponement of their highly anticipated global conference, ShibaCon, originally scheduled for November 9 in Bangkok, Thailand.