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US Treasury sanctions USDC and ETH addresses connected to Tornado Cash
8.8.2022
The protocol was at the center of some recent hacks and exploits in decentralized finance, including a $375-million attack in February and a $100-million hack in June
Global Professionals Increasingly Interested In Bitcoin & Crypto Payments - Report
5.8.2022
The ongoing market downturn has not discouraged professionals from taking payment in cryptoassets, as indicated by the latest report released by global payroll specialist Deel.
In the first half of 2022, crypto payments represented 5% of wages collected by cross-border professionals, up from...
Vitalik: Centralized USDC could decide the future of contentious ETH hard forks
5.8.2022
Speaking at the BUIDL Asia event in Korea, Vitalik Buterin said that centralized stablecoins like USDC & USDT will become significant deciders in future hard forks
Solana’s Investigation Indicates Wallet Exploit Tied to Slope Mobile App
4.8.2022
Following the Solana wallet attack, the Solana Status team updated the public and detailed that the wallet addresses affected by the breach were tied to Slope mobile wallet applications. The team further stressed that “there is no evidence the Solana protocol or its cryptography...
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...
YOLOREKT dApp Is Live Now. Discover More About the Gamified-Social Price Prediction Platform.
1.8.2022
PRESS RELEASE. After being in stealth mode since 2020 and undergoing drastic improvements and gameplay enhancements, the ALL-NEW YOLOREKT is now LIVE. People can bid and win in USDC on various assets during 3-minute games. The ALL-NEW YOLOREKT The new YOLOREKT means lots of fun and lots of winning...
Two Soccer Teams Transfer a South American Player Using USDC, But There’s Collateral Damage
29.7.2022
The news was hailed as a historic event for South American football, but it could bring unexpected consequences for Argentinian club Banfield, amid local FX restrictions
Most Bitcoin Use Happens During European and US Business Hours
28.7.2022
Most of the activity on the Bitcoin (BTC) network now happens during European and US business hours, with a notable drop in the share of activity happening during Asian hours, a new report from the crypto analytics firm Coin Metrics has found.
Judging from the findings in the report, use of...
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
Amazon.eth ENS domain owner disregards 1M USDC buyout offer on Opensea
19.7.2022
Before it expired, the offer stood at approximately 10x the amount of the domain's last sale
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
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
Crypto Exchange Bitso Launches Remittance Service in Colombia
11.7.2022
Bitso, a Mexican-based, Latam operating cryptocurrency exchange, announced it is launching a remittance service in Colombia. The company will now allow its customers in Colombia to send and receive remittances using dollar-pegged stablecoins on the platform. The exchange launched a similar service...
Blockchain.com's USD 270M Exposure to Three Arrows Capital + More News
8.7.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Blockchain.com's USD 270M Exposure to Three Arrows Capital + More News
EU-regulated firm Banking Circle adopts USDC stablecoin
8.7.2022
Banking Circle was launched in 2016 with a mission to help payments businesses reach new global markets, avoiding the burdens of traditional banking
Circle looks to reaffirm commitment to transparency as USDC market share soars
6.7.2022
"With USDC, our business model is minimizing risk, not taking and managing risk,” wrote Jeremy Fox, Circle's CTO
Tron’s USDD Regains Stability After Tapping an All-Time Low at $0.92
5.7.2022
Between June 13 and June 27, or roughly two weeks, Tron’s stablecoin USDD dropped lower than the $1 parity and slipped to a low of $0.928 per unit on June 19. During the past seven days, USDD has managed to jump back to the $0.98 to $0.99 region while reaching $1 on July 3. Tron’s...
Circle's USDC on track to topple Tether USDT as the top stablecoin in 2022
5.7.2022
The USDT-to-USDC market cap ratio fell to its lowest ever in July 2022
Circle Denies USDC Trouble Rumors, Tether Supply Still Elevated on Curve
4.7.2022
Circle, the US-based payments company that issues the stablecoin USD coin (USDC), has denied that it is facing any sort of difficulty in maintaining the coin’s US dollar peg. Meanwhile, the supply of tether (USDT) coins on one of the most used stablecoin liquidity pools remains elevated....
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