Cryptocurrency Latest News & Updates
Polymarket appoints Amazon veteran as first CFO
Polymarket has appointed former Amazon finance chief Warren Jenson as its first chief financial officer on Sept. 10, placing him in charge of finance and capital strategy during the company’s U.S. expansion. Summary Polymarket has appointed former Amazon executive Warren Jenson as its first chief financial officer ever. Jenson will oversee Polymarket’s finance organization, capital strategy, infrastructure and long-range planning functions wo...
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PayPal launches PYUSDx after $100M milestone
PayPal, M0 and MoonPay officially launched the PYUSDx custom stablecoin platform on Sept. 9 with three active projects that the companies said have collectively processed more than $100 million. Summary PYUSDx lets businesses issue customized stablecoins backed by PayPal USD through modular token infrastructure services. Saturn, Concrete and Cap launched tokens that collectively processed more than $100 million already combined. MoonPay Digital A...
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XRP ETFs enter $11.4M Schwab collateral pool
XRP exchange-traded funds appeared in institutional collateral arrangements and attracted fresh investor money on Sept. 8, offering two distinct signs of their expanding role in U.S. markets. Summary SEC filing shows eight XRP ETF collateral line items valued near $11.39 million combined overall. XRP ETFs attracted nearly $2 million Tuesday while larger U.S. crypto ETF categories posted outflows. Five XRP products now hold $1.69 billion in cumula...
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