Yellow goes bankrupt due to debt
As we reported earlier, Yellow Corp. now officially filed for bankruptcy and will remain shuttered throwing 30,000 people out of work. “It is with profound disappointment that Yellow announces that…
PayPal launches PYUSD stablecoin
PayPal launched a new stablecoin called PayPal USD (PYUSD) on August 7. The US dollar-linked Stablecoin will be issued by Paxos Trust Co. and will be fully backed by dollar…