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Merit Circle Partners Crypto Raiders, an NFT-Based Dungeon Crawler
10.8.2022
Merit Circle has published a blog post announcing that it partnered with Crypto Raiders. Merit Circle will invest $400,000 under the partnership agreement that looks to transition Web2 gamers to the Web3 ecosystem. Crypto Raiders is a fan favorite now entering the growing Web3 gaming community....
Tether also confirms its throwing weight behind the post-Merge Ethereum
10.8.2022
We believe that a smooth transition is essential for the long-term health of the DeFi ecosystem and its platforms, including those using our tokens,” Tether stated
Circle plans to only support Ethereum PoS chain after Merge is complete
9.8.2022
"USDC as an Ethereum asset can only exist as a single valid version," says the team at Circle
OFAC’s Tornado Cash Ban Causes Github Suspensions and the Blacklisting of Crypto Addresses Holding $437M
9.8.2022
On August 8, the ethereum mixing service Tornado Cash, and all the crypto addresses associated with the platform, were officially banned by the U.S. Treasury Department’s Office of Foreign Asset Control (OFAC). Following the ban, the internet hosting service for software and open source code...
Circle freezes blacklisted Tornado Cash smart contract addresses
8.8.2022
Stablecoin issuers can blacklist interactions with the Tornado Cash dApp on the Ethereum smart contract level
Circle Invested in 2 Hacked Crypto Companies, Adding to Its Headaches Amid Stablecoin Scrutiny
4.8.2022
The venture-capital arm of the USDC stablecoin issuer backed Nomad and Slope, which were both exploited this week
Bitpay Adds APE and EUROC Support — Luxury Retail Giant Gucci Accepts Apecoin Payments
2.8.2022
On August 2, the Atlanta-based crypto payment services provider Bitpay announced that it has expanded its crypto asset support with two different crypto assets. Bitpay revealed the company has integrated apecoin and euro coin into the firm’s platform and the luxury retailer and designer...
Cross-Chain Bridge Nomad Loses $190 Million Making It 2022’s Third-Largest Crypto Heist
2.8.2022
On Monday, the cross-chain token bridge Nomad was attacked and hackers managed to siphon $190 million from the protocol, draining a great majority of the funds. The Nomad cross-chain bridge attack was the third-biggest crypto heist of 2022, and the ninth largest of all time. Nomad Cross-Chain...
Merit Circle and Cantina Royale to Reshape the Destiny of Web3 Gaming
2.8.2022
On the spacecraft to Cantina Royale, The Merit Circle DAO will be traveling with Cantina! They aim to introduce Web3 videogames and the P2E prototype to a wider audience. With Merit Circle, they are prepared to take a significant step forward in merging Web3 new tech with conventional video games....
Tether supply starts to increase after three-month decline
2.8.2022
The Tether printers have been fired up again as the USDT circulating supply has started to tick up
The Number of Euro-Pegged Stablecoins Has Swelled 1,683% Since 2020
1.8.2022
While the stablecoin economy is worth roughly $153 billion today, euro-backed stablecoin issuance has increased 1,683% from $31.9 million worth of euro-based tokens on January 3, 2020, to today’s $569 million. Since November 2021, the number of euro stablecoins swelled by 85.34%, but from...
Bitcoin due 'one of greatest bull markets' as July gains circle 20%
31.7.2022
The future for Bitcoin price action may be much more bullish than the short-term charts, says Bloomberg Intelligence's Mike McGlone
Merit Circle and Saga Protocol Enter Into Partnership
29.7.2022
Merit Circle has announced its partnership with Saga Protocol, where Saga Protocol commits to bringWeb3 infrastructure to the table, making it better for game developers and the Web3 community. Merit Circle has committed to invest $50k in the seed round under the partnership. Saga Protocol provides...
Circle's Cautious USDC Approach Has Paid Off, Despite Missteps
20.7.2022
For years, Circle seemed like an unfocused mess. But making the USDC stablecoin more transparent and regulated than the competition is paying off in a massive way
Circle CSO lays out policy principles for stablecoins in US
18.7.2022
Dante Disparte hinted the U.S. could take a leading role in stablecoin regulation in an effort to “avoid trans-Atlantic or global misalignment."
Circle discloses full breakdown of $55.7B USDC reserves
14.7.2022
As of June 30, about 75.6% of Circle’s reserves were held in U.S. Treasuries and 24.4% were held in cash at regulated financial institutions
Everything We Learned Today About Skate 4, Which Isn’t Actually Called Skate 4
14.7.2022
Skate is still somewhat of an enigma, despite leaking, like, every five minutes. Today, during a 20-minute livestream, publisher EA revealed a ton of information—on purpose, in this case—about the next entry in its long-dormant skateboarding series, including a surprise pivot to a free-to-play...
Circle’s Detailed Reserve Report Shows Only Cash, Short-Term Treasurys Back USDC Stablecoin
14.7.2022
The asset breakdown comes at a time when crypto firms and their finances are under increased scrutiny in the on-going crypto credit crisis
React Hooks: The Deep Cuts
13.7.2022
Hooks are reusable functions. They allow you to use state and other features (e.g. lifecycle methods and so on) without writing a class. Hook functions let us “hook into” the React state lifecycle using functional components, allowing us to manipulate …
React Hooks: The Deep Cuts originally...
KPMG to audit new pound-backed stablecoin GBPT
11.7.2022
In terms of daily turnover, the British pound (GBP) is the fourth most traded fiat currency in the world, according to the Bank for International Settlements