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Stablecoins See Positive Supply Growth For First Time in More Than a Year: Glassnode Data
15.11.2023
Source: Unsplash Money is flowing into the crypto market through stablecoins, marking the first positive supply growth in over a year. According to blockchain analytics firm Glassnode, the 90-day net change in the supply of the top four stablecoins, Tether ( USDT), USD Coin ( USDC), Binance...
Circle Introduces Zero-Fee USDC Minting with Circle Mint in Singapore
15.11.2023
Source: Circle Internet The issuer of the USDC stablecoin, Circle, has announced the launch of its zero-fee minting facility, Circle Mint, exclusively in Singapore. This strategic initiative comes on the heels of Circle securing the Major Payments Institution (MPI) license from the Monetary...
Circle to Enable Cross-Chain USDC Transfers With Cosmos's Noble Later This Month
14.11.2023
Decentralized exchange dYdX will be the a user of CCTP, as the project expands beyond Arbitrum, Base, Ethereum and Optimism
Circle Revamps Stablecoins USDC, EURC With Upgrade Focused on Gas and Security
10.11.2023
Circle has announced a new v2.2 upgrade for its usd coin and euro coin digital stablecoins. The changes aim to significantly reduce gas costs, enable new use cases, and bolster security. Circle Unveils 2.2 Upgrade for Stablecoin Suite Circle unveiled the latest upgrade in a blog post on Thursday...
Report: Stablecoin Giant Circle Eyes 2024 Public Listing
9.11.2023
According to anonymous sources familiar with the matter, Circle Internet Financial Ltd., the second-largest stablecoin issuer, plans to go public in 2024 via backing from Blackrock, Goldman Sachs, and others. The news follows Circle’s special-purpose acquisition company (SPAC) plans to offer...
USDC Stablecoin Issuer Circle Contemplates Potential IPO for 2024
8.11.2023
Source: Circle Internet Circle Internet, the issuer of USD Coin stablecoin, is eyeing a potential initial public offering (IPO) in early 2024, according to Bloomberg. The company is currently in discussions with advisors to weigh the feasibility and timing of such a move to the public markets,...
Circle to phase out consumer accounts, but business and Mint will remain
31.10.2023
Stablecoin issuer Circle sent emails to customers stating that individual consumer accounts would be phased out
Circle Curbs Stablecoin Minting for Retail Users, Moving Closer to Tether's Practice
31.10.2023
USDC issuer Circle Internet Financial said it is curbing support for individual consumer accounts to mint stablecoins, with currently only accepting qualified institutional clients
Crypto Biz: BlockFi emerges from bankruptcy, Worldcoin halts USDC payments and more
28.10.2023
This week’s Crypto Biz looks at BlockFi’s emergence from bankruptcy, BlackRock’s spot Bitcoin ETF developments, Worldcoin’s operator payment scheme upgrades and more
Dydx Chain Unveils Network Fee Distribution and USDC Trading Fee Allocation
27.10.2023
The Dydx chain, a proof-of-stake blockchain network, has successfully launched its mainnet and introduced dydx as its layer one (L1) token. On October 26, at 1 p.m. EDT, the network’s validators created the first block, signifying the start of a new era for the Dydx chain. The introduction of dydx...
dYdX launches layer 1 blockchain, validators and stakers set to receive all fees
27.10.2023
dYdX completes the launch of its layer 1 proof-of-stake blockchain with the creation of its genesis block by chain validators
USDC Issuer Circle Collaborates with Taiwanese Firms to Bring Loyalty Points to Crypto Services
26.10.2023
Global fintech firm Circle, which issues dollar-pegged USDC stablecoin, will soon offer loyalty points to stablecoin conversion service in Taiwan. Circle has collaborated with two Taiwanese firms – crypto exchange BitoGroup and convenience store chain Taiwan FamilyMart – to launch...
Worldcoin Adjusts Token Strategy; Shifts Orb Rewards and Alters Market Maker Agreements
23.10.2023
Worldcoin, which uses iris biometrics to create a unique human identity database, said Sunday it is changing the distribution of its circulating WLD token supply and its market maker loan agreements. The project, launched in July, will decrease the loan amounts to market makers and will start...
Worldcoin to Stop Using USDC for Orb Operator Rewards – Here's the Latest
23.10.2023
The Worldcoin Foundation has announced a major change in the reward system for the Orb device operators: they are now paid in WLD tokens instead of the popular stablecoin USD Coin (USDC).
Ecosystem contributors, known as the Worldcoin Operators, have been paid in USDC during what has been...
Worldcoin to cease paying Orb operators in USDC as early as November
23.10.2023
Aside from ditching USDC for its native token, Worldcoin announced some changes to the terms of its WLD loans to market makers
Eyeball-Scanning Project Worldcoin to Reward Operators in WLD Token Instead of USDC - Here's Why
23.10.2023
Eyeball-scanning cryptocurrency project Worldcoin, co-founded by Sam Altman, announced Sunday that the project operators would receive rewards in its native coin WLD, instead of USD Coin (USDC) stablecoins.
Worldcoin operators, who operate the biometric imaging device – Orb – developed by Tools...
Circle USDC Issuer Releases Two New Beta Tools for Developers
19.10.2023
USDC Issuer Circle has launched a smart contract platform and gas station, a major push to streamline Web3 services.
The stablecoin firm, in its blog post on October 19, revealed that the new product releases are systematic to the broader decentralized finance (DeFi) landscape.
The smart...
Circle to Let Merchants Pay for Customers' Gas Fees With Web3 Wallet Upgrade
19.10.2023
Southeast Asian super app Grab is currently piloting the "Gas Station" to cover gas fees for its Singaporean users if they use NFT vouchers
Vitalik Buterin: ‘I Haven’t Sold ETH for Personal Gain Since 2018’
19.10.2023
Vitalik Buterin has dismissed reports that he recently sold his crypto holdings and claimed to have not “sold ether for personal gain since 2018.” Buterin suggested to his followers that the reports often mistake his transfer of digital assets to charitable organizations as sales...
Vitalik Buterin transfers Gemini $15 million worth of USDC
17.10.2023
Vitalik Buterin, a co-founder of Ethereum, was last seen transferring a whopping $15 million worth of USDC to Gemini, a crypto exchange firm. The purpose behind this transfer has not been revealed yet; however, independent investigations have revealed that this is not the only transfer that Vitalik...