Crypto News Today: PayPal's Stablecoin Debut, Worldcoin's Kenyan Hurdles, and More From PayPal's entry into the stablecoin market to regulatory challenges faced by Worldcoin in Kenya, the crypto world continues to be a blend of innovation and controversy. https://www.coindesk.com/markets/2023/08/07/crypto-news-today-paypals-stablecoin-debut-worldcoins-kenyan-hurdles-and-more/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Two Months in El Salvador: The Ground Game for Bitcoin Adoption A graduate student on leave from the Wharton School checks in on the first country to adopt Bitcoin as legal tender. Are locals buying it? https://www.coindesk.com/consensus-magazine/2023/08/07/two-months-in-el-salvador-the-ground-game-for-bitcoin-adoption/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto’s Path Forward Could Follow the Financial World's Departure From LIBOR https://www.coindesk.com/consensus-magazine/2023/08/07/cryptos-path-forward-could-follow-the-financial-worlds-departure-from-libor/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Aptos’ APT Token Slides Ahead of $30M Unlock APT has decreased by over 3.2% in the past 24 hours performing worse than bitcoin (BTC) and ether (ETH), per CoinDesk market data. https://www.coindesk.com/business/2023/08/07/aptos-apt-token-slides-ahead-of-30m-unlock/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

It's ChatGPT, but for Bitcoin: New AI Tool Avoids 'Hallucinations' An experimental version of the Bitcoin-focused AI chatbot was released on Thursday by Chaincode Labs, which says its new "ChatBTC" is less likely to give incorrect answers about the original cryptocur... https://www.coindesk.com/tech/2023/08/07/its-chatgpt-but-for-bitcoin-new-ai-tool-avoids-hallucinations/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

I Have 1M Questions About the PayPal Stablecoin. Here Are 5 https://www.coindesk.com/consensus-magazine/2023/08/07/i-have-1m-questions-about-the-paypal-stablecoin-here-are-5/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

A Long-Awaited Crypto Tax Rule Was Written Months Ago. Why Isn’t it Proposed? Crypto investors and their brokerages are waiting for a U.S. tax rule that will completely overhaul how they report their cryptocurrency taxes, but the government isn’t offering any straight answers a... https://www.coindesk.com/policy/2023/08/07/a-long-awaited-crypto-tax-rule-was-written-months-ago-why-isnt-it-proposed/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

As Litecoin Halving Approaches, Founder Touts Silver Collector Cards Loaded With 'Digital Silver' Litecoin’s third “halving event” – a programmed 50% reduction in the pace of new issuance of the cryptocurrency – is expected on Wednesday. https://www.coindesk.com/tech/2023/07/31/as-litecoin-halving-approaches-founder-touts-silver-collector-cards-loaded-with-digital-silver/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

First Mover Americas: Curve Finance Exploit Puts More Than $100M of Crypto at Risk The latest price moves in bitcoin (BTC) and crypto markets in context for July 31, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. https://www.coindesk.com/markets/2023/07/31/first-mover-americas-curve-finance-exploit-puts-more-than-100m-of-crypto-at-risk/?utm_medium=referral&utm_source=rss&utm_campaign=headlines