The US legalizes stablecoins, but this could undermine the crypto market and democracy
June 17 The US Senate passed a bill known as the GENIUS Act, to create a regulatory framework for cryptocurrency tokens pegged to the US dollar. For the GENIUS Act to take effect, it must be passed by the House of Representatives, after which the document will be on President Donald Trump’s desk for approval. […]
PayPal to launch PYUSD stablecoin in Stellar network
PayPal launched the dollar stablecoin PYUSD back in 2023 on the Ethereum (ETH), Solana (SOL), and Cardano (ADA) networks, and now plans to make it available on the Stellar network. This blockchain will also be used by the French bank Societe Generale for its EUR CoinVertible (EURCV) stablecoin.
Phishing on behalf of PayPal — hackers use real company emails
It seems that using real company servers is becoming a trend among hackers. Recently ITC.ua wrote about Google, now «in the sights of» PayPal users.
PayPal blocked the profits of a sex blogger who earned $90,000 by selling water from her bathtub
Adult content creator Belle Dolphin bragged in X that she made almost a hundred thousand dollars selling water from her bathtub — but in recent posts she complained that PayPal had blocked her account without warning, so she didn’t receive a cent.
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