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Circle Starts Moving USDC Reserves Into a Blackrock-Managed Fund, Firm Expects to Be ‘Fully Transitioned’ Next Year
6.11.2022
According to the crypto firm Circle Internet Financial, the company is “deepening” its partnership with the world’s largest asset manager Blackrock. Circle disclosed that it has started to transfer USDC reserves into a Blackrock-managed fund that’s registered with the U.S. Securities and Exchange...
Microsoft Backs Wemade’s Blockchain Push in $46 Million Investment Round
5.11.2022
Software giant Microsoft has made a $14.8 million investment in Wemade, a Korea-based blockchain gaming services company that has recently launched its own stablecoin, named Wemix. The company was part of a $46 million investment round, that also saw the participation of two more companies: Shinhan...
Needham's John Todaro Says USDC Is ‘Exciting’ for the Long Term and Will Benefit Coinbase
4.11.2022
John Todaro, vice president at investment and asset management firm Needham & Co., discusses whether USDC could become the “de facto” CBDC for the U.S. and why crypto exchange Coinbase could operate like a bank if it were to “mint” more of the stablecoin
Robinhood not giving up on crypto despite Q3 crypto revenue slashing 12%
3.11.2022
The Robinhood CEO also announced the brokerage firm’s plans to expand the Robinhood Wallet internationally in the months to come
Stablecoin Blues: $3 Billion Erased From the Dollar-Pegged Token Economy, HUSD Depegs, USDC Supply Drops 10%
3.11.2022
Over three billion in value was erased from the stablecoin economy during the past 30 days. The trend occurred despite the number of tethers in circulation rising by 2.2% last month. On Oct. 1, 2022, tether’s market capitalization was approximately $67.95 billion, and it’s risen...
FIS Subsidiary Worldpay to Enable USDC Settlements on Polygon
2.11.2022
The company aims to run a Polygon validator node soon
Stablecoin issuers Circle and Paxos gain approvals in Singapore
2.11.2022
The approvals came after the Monetary Authority of Singapore issued two consultation papers that proposed to ease regulatory hurdles for digital asset service providers
Bitcoin․com Expands Access to DeFi With Public Sale of Ecosystem Utility Token VERSE
1.11.2022
Whitelisted Individuals for the Sale Will Be Able to Purchase VERSE Tokens Using BTC, BCH, ETH and USDT/USDC. November 1, 2022 – Bitcoin.com, a digital ecosystem and secure self-custody platform where users can safely and easily interact with cryptocurrencies and digital assets,...
Coinbase partners with MakerDAO & releases USDC rewards
27.10.2022
MakerDAO recently voted on the proposal of custody of 1.6 billion dollars worth of USDC with Coinbase. The partnership will result in MakeDAO earning 1.5% rewards on the USDC stack. At the same time, the collaboration carries tangible benefits for MakerDAO, showing its commitment to DeFi...
BitPay to introduce USDC and ETH payments on Polygon network
26.10.2022
Polygon-bridged cryptocurrencies like Ether, USDC, DAI and Wrapped Bitcoin are coming to BitPay later this week
MakerDAO to Move $1.6 Billion USDC into Coinbase Custody – Here’s What You Need to Know
26.10.2022
MakerDAO (MKR), the decentralized organization that manages the stablecoin DAI, will move $1.6bn of its USD Coin (USDC) reserves to Coinbase to earn a yield of up to 1.5%....
Read More: MakerDAO to Move $1.6 Billion USDC into Coinbase Custody – Here’s What You Need to Know
MakerDAO community votes to approve custody of $1.6B USDC with Coinbase
25.10.2022
The MakerDAO community will earn a 1.5% reward on its USDC while holding funds with Coinbase Prime
La comunidad MakerDAO aprueba la propuesta de custodia de USDC de Coinbase
24.10.2022
Hasta US$1600 millones en USD Coin serán custodiados con Coinbase Prime, donde se obtendrá una recompensa de 1,5%
MakerDAO Community Approves Coinbase USDC Custody Proposal
24.10.2022
After the vote, up to $1.6 billion in USD Coin will be custodied with Coinbase Prime, where it will earn a 1.5% reward
A stablecoin's rise in market share has ignited the ‘Second Great Stablecoin War’
24.10.2022
Since Binance announced it would auto-convert USDC, USDP and TUSD into BUSD on Sept. 6, BUSD’s share of the total stablecoin market has risen from 10.01% to 15.48%
Coinbase to Significantly Benefit From $1.6B Transfer of MakerDAO's USDC, Analyst Says
21.10.2022
A proposal to move the stablecoin assets was made by Coinbase in September and is nearing a final deadline
USDC adoption is lagging outside of the United States: Coinbase
21.10.2022
The exchange stated the stablecoin is purchased at three times the rate with U.S. dollars as compared to other fiat currencies
Coinbase Waives Fees for Converting Between USDC and Fiat, Eyeing Global Audience
20.10.2022
Coinbase is pushing to get its USDC stablecoin into the international market
USDC’s Market Cap Sheds Close to $4 Billion in Less Than 20 Days, Binance’s BUSD Climbs 3%
17.10.2022
19 days ago, usd coin (USDC), the second largest stablecoin by market capitalization, had an overall valuation of around $48.82 billion and since then, it has continued to deflate down to today’s $44.93 billion. Statistics show that during the last three months, USDC’s market...
Solana-Based Defi Protocol Mango Markets Loses $117 Million in Hack, Exploit Allegedly Revealed in Project’s Discord in March
12.10.2022
According to various reports, the Solana-based trading and lending platform Mango Markets was hacked as a malicious actor was able to siphon $117 million from the protocol. An analysis of the hack published by Certik explains that the attacker manipulated the price of the project’s native token...