Market - Optimisus

Alchemy Pay is making strides in its global expansion efforts after obtaining a substantial payment license in the United States.

16 hours ago 2 mins read

Alchemy Pay Secures Vital U.S. Money Transmitter License

Alchemy Pay, a cryptocurrency payment gateway, is making strides in its global expansion efforts after successfully obtaining a substantial payment license in the United States. On September 20th, the company proudly announced that it had been granted a Money Transmitter License by the Arkansas Securities Department, conferring upon it the authority to engage in various financial activities. This newly acquired license empowers Alchemy Pay to offer services encompassing the issuance and sale of payment instruments, stored value, and prepaid access, as well as the transmission and reception of money, digital currency, or monetary value. Importantly, this achievement marks a momentous

Stablecoin company Tether is making a move into artificial intelligence chips and overseas Bitcoin crypto mining through a $420 million deal

4 days ago 1 min read

Tether Invests in German Bitcoin Miner Northern Data with 20% Stake

Stablecoin company Tether is making a move into artificial intelligence chips and overseas Bitcoin crypto mining through a $420 million deal, according to Forbes’ report on September 20. While Tether has yet to officially announce the investment, Forbes gathered information from Northern Data and its executives. In this reported deal, Tether spent $420 million on 100,000 Nvidia H100 GPUs, accounting for roughly 2% of the 550,000 GPUs Nvidia plans to ship this year. Tether made this purchase on behalf of Northern Data, a German cryptocurrency mining firm. Northern Data aims to lease cloud access to these specialized chips to AI

PayPal has announced that its PayPal USD (PYUSD) stablecoin is now accessible to Venmo users

4 days ago 1 min read

PayPal Introduces PYUSD Stablecoin on Venmo

PayPal has announced that its PayPal USD (PYUSD) stablecoin is now accessible to Venmo users, expanding the options for seamless transactions among peers. This move comes after the recent unveiling of the payment stablecoin. Initially, PYUSD will be available to “select users,” with plans to roll it out to all Venmo users in the coming weeks, as stated by PayPal. Venmo, a mobile payment app under the PayPal umbrella, will enable users to purchase and send PYUSD to fellow Venmo users and PayPal wallets. One notable feature highlighted by PayPal is that it offers free stablecoin transfers between PayPal and

CZ Defends Binance Charity's $3 Million Crypto Donation Amid Controversy

6 days ago 3 mins read

Binance Charity and CZ Respond to Criticism Over $3 Million Crypto Donation for Morocco Earthquake Relief

The controversial donation of $3 million in Binance Coin (BNB) by Binance Charity to victims of the recent earthquake in Morocco has sparked a debate about the role of cryptocurrencies in humanitarian aid. As reported by the Financial Times, some critics have labeled it a PR stunt, arguing that victims of such disasters need immediate essentials like food and water, not crypto. However, CZ Binance, CEO of Binance, has taken to Twitter to explain Binance Charity’s approach. CZ outlined some criticisms against Binance’s donation and responded to each. “People need food and water, not crypto. We agree with that,” CZ

Binance.US Under Fire from SEC for Alleged Lack of Cooperation

7 days ago 1 min read

SEC Raises Concerns Over Binance.US’s Non-Cooperation

The United States Securities and Exchange Commission (SEC) has ratcheted up its ongoing legal battle with Binance.US, alleging a lack of cooperation from the cryptocurrency exchange on September 14th. In a recent court filing, the SEC did not mince words, taking issue with Binance.US’s holding company, BAM, for providing a scant 220 documents during the discovery process. What’s more, the SEC claimed that many of these documents were marred by incomprehensible content, and lacked essential dates or signatures. The regulatory body went further, accusing BAM of dodging the production of crucial witnesses for deposition, opting to cooperate with only four

1 week ago 1 min read

Is Fidelity Developing an Ethereum Spot App? Rumors Emerge

Recent headlines have been abuzz with news suggesting that Fidelity has taken a noteworthy step by applying for a spot in the Ethereum ETF. The name attached to this development, the “Wise Origin Ethereum Index Fund,” has certainly caught the attention of the crypto community. However, it’s essential to clarify that the situation might not be as groundbreaking as it initially appeared. While early reports hinted at Fidelity’s application for a spot ETF, it now seems that this move is more of an amendment application submitted to the SEC for regulatory purposes, specifically related to Fidelity’s existing Ethereum fund. In

Bybit has made it clear that it has no intentions of leaving the UK

1 week ago 2 mins read

Bybit Refutes Rumors of Exiting the UK Market

Bybit crypto exchange has made it clear that it has no intentions of leaving the United Kingdom. This announcement comes in contradiction to earlier reports suggesting otherwise. On September 14th, Bybit issued a statement reaffirming its commitment to operate within the UK. A spokesperson from the company took to Twitter to emphasize the significance of the UK market in advancing crypto and blockchain technologies. The spokesperson stated, “We consider the UK to be a highly important market for the advancement of crypto and blockchain technologies. Our commitment to this market is unwavering, and we intend to maintain our presence in

Binance has stepped forward with a generous pledge of millions of dollars in BNB to provide aid relief for the affected communities.

2 weeks ago 1 min read

Binance Donates $3 Million in BNB to Support Morocco Earthquake Victims

In a compassionate response to the recent devastating earthquake in Morocco, cryptocurrency exchange giant Binance has stepped forward with a generous pledge of millions of dollars in Binance Coin (BNB) to provide aid relief for the affected communities. The earthquake, which struck on September 8, had a magnitude of 7 on the Richter scale and resulted in a tragic loss of at least 2,000 lives in Marrakech, Morocco’s fourth-largest city. Binance announced on September 11 that they are launching an airdrop initiative, committing to distribute up to $3 million worth of BNB to users residing in the areas impacted by

Vitalik Buterin Reacts to X Account Hacking Incident

2 weeks ago 1 min read

Ethereum Founder Responses to X Account Hacking Incident

Vitalik Buterin has taken to addressing a recent security breach that led to unauthorized access to his X account, formerly known as Twitter. This incident has once again sparked discussions on the importance of robust cybersecurity measures. Hackers managed to infiltrate Buterin’s X account, posting phishing links in an attempt to scam his followers. The scheme involved a deceptive “commemorative” non-fungible token (NFT) strategy, resulting in the theft of multiple NFTs, as reported on social media. The hacking incident elicited a wide range of reactions online, from humorous memes to serious discussions about the vulnerability of even tech-savvy individuals to

France has taken a step by introducing a Responsible Influence Certificate

2 weeks ago 1 min read

France Introduces Certificate for Financial and Crypto Influencers

In the world of finance and investments, influencers have become increasingly influential, but their credibility and knowledge vary widely. France has taken a step toward regulating these “finfluencers” by introducing a Responsible Influence Certificate. As the world of financial influencers, or “finfluencers,” gains momentum, it also faces growing scrutiny. These individuals, who often promote investment products on social media and blogs, have varying levels of expertise and credibility. To address this issue, France has introduced a new initiative called the Responsible Influence Certificate. On September 7th, two prominent French regulatory agencies, the Autorité des Marchés Financiers (AMF) and the Autorité

Ethereum co-founder Vitalik Buterin's account on the X platform was compromised during the late hours of September 9.

2 weeks ago 2 mins read

Vitalik Buterin’s X Account Hacked: $700K in Crypto and NFTs Stolen

Ethereum co-founder Vitalik Buterin’s account on the X platform (formerly known as Twitter) was compromised during the late hours of September 9. The breach was confirmed by Vitalik’s father, Dmitriy Buterin, through his own X account. The hacker who gained access to Vitalik’s account wasted no time using it for malicious purposes. They posted a phishing link that was designed to steal both cryptocurrency and non-fungible tokens (NFTs) from unsuspecting users’ wallets. According to blockchain sleuth ZachXBT, the hacker successfully siphoned off approximately $691,000 worth of assets from their victims. The now-deleted phishing post was cunningly crafted to appear as

Cardano Investors Withdraw $45 Million in a Week

2 weeks ago 1 min read

Cardano Users Unstake $45 Million Worth of ADA in 7 Days

Over the last three weeks, Cardano (ADA) has been caught in a consolidation phase, hovering within the $0.25 to $0.28 price range. However, recent on-chain data trends are pointing to potential bearish momentum ahead, casting a shadow over the coin’s performance. Despite a buoyant atmosphere in the broader altcoin market, Cardano’s price has remained relatively stagnant around the $0.25 mark. The latest on-chain activities involving ADA price speculators and DeFi stakers are adding further bearish undertones to the narrative. Towards the end of August, the crypto world witnessed a significant development as Grayscale secured a victory over the SEC in