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Payments Giant Stripe Rolls Out Pilot to Test Crypto Payouts With Twitter
22.4.2022
On April 22, the payments giant Stripe announced that it is expanding global payouts with crypto assets via a new pilot. Stripe’s crypto executive Karan Sharma revealed crypto payouts for the firm’s Connect service to a select group of Twitter users as the social media platform...
Stripe Taps Polygon to Allow Customers to Make Payments in USDC
22.4.2022
Twitter will be the first company to test this option by paying earnings via crypto to content creators who use its monetization products
Solana's STEPN hits record high as GMT price skyrockets 34,000% in over a month
19.4.2022
Strong hype around move-to-earn tokens could offset the bearish technicals emerging for GMT
Stablecoins See Growth With Crypto Market Stuck in ‘Bearish Lull’
13.4.2022
A “bearish lull” in the crypto market fuelled growth in stablecoins, with the market capitalization of the top five stablecoins growing by 13% in the first quarter, according to a new report from the coin tracking site CoinGecko.
The growth in the market capitalization of stablecoins is notable...
Luna Foundation Guard Buys Additional USD 100M in Bitcoin, Now Holds BTC 42.4K
13.4.2022
The Luna Foundation Guard (LFG), a nonprofit organization established in the Republic of Singapore dedicated to creating a reserve protocol for the algorithmic stablecoin UST, has purchased an additional USD 100m worth of bitcoin (BTC), increasing its total holdings to just over BTC 42,400 (USD...
Financial Giant BlackRock Becomes 'Strategic Investor' in USDC Issuer Circle
12.4.2022
The global fintech firm Circle has entered into an agreement for a new USD 400m funding round with participation from several major players from traditional finance, while making asset management giant BlackRock, Inc. a “strategic investor” in the company.
The funding round, announced by Circle...
USDC Stablecoin Issuer Centre Hires 2 Executives to Oversee Regulation, Operations
12.4.2022
The issuer of the second-biggest stablecoin has hired two new executives to oversee policy and operations
USDC Issuer Circle Raises $400M
12.4.2022
The firm raised $440 million last May
Stablecoin Economy Is $10 Billion Away From Reaching a $200 Billion Market Cap
11.4.2022
The stablecoin economy has grown during the last month as the market capitalization is now only $10 billion away from reaching the $200 billion mark. While the largest stablecoin, by market valuation, tether (USDT) swelled by 3% during the last 30 days to $82 billion, terrausd (UST) has increased...
When Bitcoin Meets Inflation
8.4.2022
Alice Liu, Senior Associate, Cryptocurrency Investments at exchange-traded fund and exchange-traded product sponsor WisdomTree.
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Read More: When Bitcoin Meets Inflation
Circle Enlists FIS, Crypto.com for Merchant Payments Settled in USDC
6.4.2022
The deal with FIS Worldpay is meant to free firms from the “fiat-only ecosystem.”
Neutrino Dollar breaks peg, falls to $0.82 amid WAVES price 'manipulation' accusations
4.4.2022
Waves founder Sasha Ivanov says Alameda Research is behind the ongoing WAVES price decline
TrueUSD and Balancer Offer Liquidity Providers TUSD and BAL Rewards From Stablecoin Pool Incentive Program
3.4.2022
PRESS RELEASE. Singapore, Singapore / April 4th / – TrueUSD (TUSD) and Balancer (BAL) Automated Market Maker (AMM) partnered up with Polygon to offer liquidity providers with TUSD and BAL rewards from a stablecoin pool incentive program last November. The program incentivizes liquidity...
Circle Chooses BNY Mellon to Custody USDC Reserves
1.4.2022
Boston-based Circle Internet Financial has announced the company has selected BNY Mellon to custody the firm’s usd coin (USDC) reserves. The company’s dollar-pegged crypto asset is currently the second-largest stablecoin with a current market capitalization of $51.6 billion....
Circle selects BNY Mellon as custodian for USDC reserves
31.3.2022
The firm previously said its reserves would be in cash and treasuries
BNY Mellon to Custody Assets Backing Circle's USDC Stablecoin
31.3.2022
The relationship likely carries publicity upside for both financial brands
Axie Infinity Loses $620 Million After Hacker Compromised Ronin Validators
29.3.2022
According to Sky Mavis, the creators of the blockchain NFT game Axie Infinity, the Ronin network has been attacked, and a hacker has managed to siphon 173,600 in ethereum and 25.5 million usd coin (USDC). The attacker has obtained roughly $620 million worth of crypto assets, and the Ronin bridge...
Sentiment Improves as Bitcoin, Ethereum Jump into Positive Territory
28.3.2022
Sentiment in the crypto market improved markedly over the past week, with the 7-day sentscores of both of the two largest cryptoassets now back in positive territory, according to the market sentiment analysis service Omenics.
With the average 7-day sentscore for the 10 major coins tracked...
‘Correctly’ Was Wrong: Circle’s Accountant Tweaks Fine Print of USDC Attestation
24.3.2022
Grant Thornton has switched from calling the $52.3 billion stablecoin’s reserve accounts “correctly stated” to the more equivocal “fairly stated.” Here’s why that matters
Stablecoin Economy Nears $200B, UST Supply Jumps Higher, USDN Spikes 43% in 30 Days
15.3.2022
During the last 12 months the stablecoin economy has grown massive and the current valuation today is only $13 billion away from tapping the $200 billion mark. This month, the two biggest gainers in terms of 30-day issuance include Terra’s UST jumping 29.9% and Neutrino Protocol’s...