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PayPal has begun offering crypto trading to its UK users, allowing them to buy, trade, and store cryptocurrency as of this week. Bitcoin, Ethereum, Litecoin and Bitcoin Cash are currently available on Paypal's crypto trading platform. Source: Benzinga

Tether, issuer of the world’s largest stablecoin, USDT, has started printing again after a roughly two-month halt that sparked investors’ concerns and speculation. Tether has minted at least 2.3 billion USDT since Aug. 1, pushing the token’s market cap to $65 billion, a Tether representative told CoinDesk via email. USDT, which is pegged to U.S. dollars, usually trades at $1. In June and July, USDT’s market cap stagnated around $62 billion despite small fluctuations. Industry experts attributed the reduced demand to China’s crackdown on crypto, the rise of the competing stablecoin USDC and investor concerns over Tether’s own vulnerability. Source: Coindesk

Facebook is moving through with attempts to disrupt the cryptocurrency payment system. David Marcus, the Facebook guru spearheading its crypto efforts, unveiled new details about Novi, the digital wallet side of the initiative he called a "challenger in the payment industry". It will provide free peer-to-peer payments "domestically and internationally" and benefit from "merchant services" in the same way that other crypto wallets do. Source: Yahoo Finance

Bitcoin’s rally of about 63% from a July trough now faces a rare confluence of technical obstacles. An April low of about $47,000 is now acting as something of a barrier, as is a Fibonacci and Ichimoku cluster between $47,000 and $48,000, while the 61.8% Fibonacci retracement of the April to June downtrend -- at $51,000 -- could be an obstacle too. Edward Moya, senior market analyst for North America at Oanda Corp., expects Bitcoin to consolidate between $45,000 and $48,000. Source: Bloomberg

Liquid, a Japanese cryptocurrency exchange, announced on Thursday that it had been the victim of a cyberattack in which hackers stole more than $90 million in digital coins. Some of Liquid's digital currency wallets had been "compromised," and hackers were transferring assets to four different wallets, according to the company. It's the second significant cryptocurrency heist in less than a week. Source: CNBC