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Coinbase sees infinite interoperability potential with Ethereum and USDC
9.5.2024
Coinbase head of tokenization Anthony Bassili described plans for its Base network at TokenizeThis 2024 in Miami
Leading Colombian bank launches crypto exchange and peso stablecoin
7.5.2024
The Colombian bank behind the crypto exchange claimed the platform was created after nearly a decade of study and research
Starknet Foundation launches $5 million grants program
7.5.2024
The funding aims to help developers with final-stage blockchain projects come to market and boost overall blockchain innovation
Over 90% of Stablecoin Transaction Volumes Are Not From Genuine Users: Visa Study
6.5.2024
A recent study conducted by Visa and Allium Labs has found that more than 90% of stablecoin volumes do not originate from genuine users.
The post Over 90% of Stablecoin Transaction Volumes Are Not From Genuine Users: Visa Study appeared first on Cryptonews
Pike Finance clarifies ‘USDC vulnerability’ statement on $1.6M exploit
2.5.2024
Pike highlighted that the exploit occurred due to their team’s inadequate integration of third-party technologies such as the CCTP or Gelato Network’s automation services
3 signs hint that Bitcoin price is nearing a bottom
1.5.2024
The result of today’s Federal Reserve minutes, Bitcoin miners’ robustness and increasing stablecoin demand in China could be signs that BTC has bottomed
Securitize raises $47M in strategic funding led by BlackRock
1.5.2024
Crypto firms Aptos Labs, Paxos and Circle also took part in the funding that bodes well for the future of real-world asset tokenization
Circle’s USDC Stablecoin Surpasses Tether’s USDT in Transaction Volume
29.4.2024
In the stablecoin market, Circle's USDC stablecoin made history by outpacing Tether's USDT in terms of transaction volume. This was based on information made public by Visa on April 29 as a result of their collaboration with Allium Labs.
The post Circle’s USDC Stablecoin Surpasses Tether’s USDT...
Stripe Re-Enters Crypto Payments With USDC on Ethereum, Polygon, and Solana
26.4.2024
Stripe, the fintech giant, has decided to re-enter the cryptocurrency payment space after a six-year hiatus, starting with USDC stablecoins on the Solana, Ethereum, and Polygon blockchains. This move, introduced by co-founder John Collison at the Connect developer conference, is aimed at improving...
Stripe to Resume Crypto Payments, Starting with USDC Stablecoin on Numerous Blockchains
26.4.2024
Fintech giant Stripe has announced its decision to once again allow customers to accept cryptocurrency payments after a six-year break.
The post Stripe to Resume Crypto Payments, Starting with USDC Stablecoin on Numerous Blockchains appeared first on Cryptonews
Bitcoin’s funding rate flattens, but should BTC bulls rejoice and buy the dips?
25.4.2024
Bitcoin bulls tend to celebrate when BTC’s funding rate is negative, but is it really a “generational buying opportunity?”
Stripe Brings Back Crypto Payments Via USDC Stablecoin
25.4.2024
Six years after dropping support for bitcoin and, thus, crypto payments altogether, Stripe is bringing back the service later this summer, though initially only for Circle’s USDC stablecoin
Turkey tops the world in stablecoin buying share vs. GDP
25.4.2024
Stablecoin purchases in Turkey amount to 4.3% of GDP, the highest among global economies, according to Chainalysis
Stablecoin Market Hits $160 Billion, Reaching Heights Not Seen Since Terra’s Crash
22.4.2024
This week, the value of the fiat-pegged cryptocurrency economy has climbed to $160 billion, a peak last observed in May 2022, shortly before Terra’s UST detached from its intended $1 parity on May 9, 2022. In the past month, various stablecoins have experienced an increase in supply, with...
Stablecoin Market Climbs $2.81B in a Week, Nearing $160B Valuation
19.4.2024
Over the past seven days, the stablecoin sector has expanded by $2.81 billion, bringing the dollar-pegged cryptocurrency market close to a total valuation of $160 billion. A significant portion of this growth, exceeding $2 billion, is attributed to the increase in USDT’s market...
Sen. Lummis: It'll Pay to 'Choose Circle Over Tether' Under U.S. Stablecoin Proposal
18.4.2024
Circle Internet Financial would have a distinct advantage over global stablecoin leader Tether under U.S. regulations along the lines being suggested by new legislation, according to one of the latest bill's authors, Sen. Cynthia Lummis (R-Wyo.)
Binance Shifts $1 Billion in SAFU Bitcoin Reserves to USDC
18.4.2024
Binance, the leading cryptocurrency exchange globally in terms of trading volume, has shifted its SAFU (Secure Asset Fund for Users) reserves into the stablecoin USDC to bolster “its reliability.” During the early hours of Thursday, the platform transferred two substantial amounts...
Binance Converts User Emergency Fund Assets into USDC for Enhanced Stability
18.4.2024
Binance has made a significant strategic move by converting the entire pool of assets held in its emergency fund for users into USDC (USD Coin), a stablecoin issued by Circle Internet Financial.
The post Binance Converts User Emergency Fund Assets into USDC for Enhanced Stability appeared first...
Stablecoin Market Expands by $4.46 Billion in 12 Days
12.4.2024
In the last 12 days of April, the stablecoin sector expanded by $4.46 billion, reaching a current valuation of $155.86 billion. Additionally, the top five dollar-pegged cryptocurrencies experienced an increase in their supplies over the last 30 days. Top Dollar-Pegged Cryptos See Growth Amid...
Circle deploys USDC smart contract for BlackRock’s BUIDL Fund
12.4.2024
Circle, a leading fintech company and issuer of the USDC stablecoin has announced the deployment of a specialized smart contract tailored to investors in BlackRock’s BUIDL Fund. This innovative, intelligent contract solution aims to streamline and automate the transfer process for investors...