
PayPal’s PYUSD Stablecoin Drops 30% as Solana DeFi Incentives Decline
TL;DR PayPal’s PYUSD stablecoin has seen its market cap drop by 30% over the past month. The drop is due to declining incentives in Solana’s DeFi ecosystem. PayPal…
Companies tracks how businesses, investors and institutions are changing the crypto market. This section covers funding rounds, acquisitions, product launches, treasury decisions, partnerships and strategic moves by exchanges, miners, fintech firms, asset managers and blockchain infrastructure companies. The focus is on business impact, not promotional announcements.

TL;DR PayPal’s PYUSD stablecoin has seen its market cap drop by 30% over the past month. The drop is due to declining incentives in Solana’s DeFi ecosystem. PayPal…
Companies coverage tracks the businesses building and operating crypto market infrastructure: exchanges, custodians, fintech firms, treasury companies, payment providers and institutional platforms. It connects product decisions and balance sheets with their impact on users and markets.
Crypto exchanges, fintechs, custody providers, infrastructure companies, public firms with digital asset exposure and institutional service providers.
Company decisions can affect product access, liquidity, custody risk, compliance, user funds and institutional adoption.
When relevant, coverage may reference filings, official statements and regulatory records.

TL;DR Board Changes: Andrés Finkielsztain steps down from Bitfarms’ Board; Amy Freedman joins, bringing extensive experience in corporate governance. Standstill Agreement: Riot Platforms withdraws…

TL;DR Tether (USDT) market cap hit an all-time high of $119.14 billion. Its adoption rate has grown from 18% to 31% in the last…

TL;DR Alchemy Pay updates its Virtual Card to enable crypto payments through Google Pay. The integration facilitates online and in-store payments, enhancing user experience…

TL;DR Bitget Partners with La Liga: Bitget, a leading crypto exchange, has entered a multi-million dollar partnership with La Liga, aiming to integrate blockchain…

TL;DR WalletConnect will launch its native token, Connect Token (WCT), on the Optimism network and will conduct an airdrop of 185 million tokens, representing…

TL;DR Orderly Network, in collaboration with Google Cloud and Empyreal, launches an AI bounty program to reward developers for creating autonomous trading agents on…

TL;DR Changpeng Zhao, known as CZ and founder of Binance, will be released from prison on September 29, 2024. After facing charges related to…

TL;DR Stablecoin Issuers Act Against Lazarus Group: Tether, Circle, Paxos, and Techteryx have frozen wallets linked to North Korea’s Lazarus Group, seizing nearly $7…

TL;DR Kraken Requests Jury Trial: Kraken has officially sought a jury trial in its legal battle with the U.S. SEC, following a judge’s decision to…

TL;DR eToro has agreed to pay $1.5 million to the SEC and will limit its crypto offerings in the U.S. to Bitcoin, Bitcoin Cash,…