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Circle Launches Second Major Stablecoin Backed 1:1 by the Euro


On Thursday, Circle’s CEO Jeremy Allaire announced that the company has launched a new stablecoin pegged to the value of the euro (EUR). Allaire said that the new EUROC token is now live on the Ethereum network and will be “available to mint and redeem on June 30th.” Circle...

Swapped Finance, the Next-Gen AMM, Launches on Shardeum Network


Swapped Finance recently announced its launch on the Shardeum blockchain. The platform will introduce a DEX (decentralized exchange), Staking, Yield Farming, and an AMM (automated market maker) to Shardeum. Built on Shardeum, Swapped Finance is being introduced as the simplest way to trade...

Replay Launches Its Validator Node on Theta


The video tracking and payment platform Replay has become one of the 25 official node validators on the Theta network. The news was shared through an official newsletter shared by Theta Labs on June 16. The platform will partake in Theta network block production through a dedicated Theta Validator...

Origin Story Launches Branded Marketplaces for NFT through Collections


Origin Story announced a new product launch on June 14 through an official blog post. Named Collections, the new platform will be the hub of branded marketplaces for NFT collections from the crypto space. The Collections project is launched to provide the users of NFT with a trusted environment...

Huobi Launches Blockchain and Web3 Investment Arm Ivy Blocks


Huobi, a leading cryptocurrency exchange, has announced the creation of a new investment arm to tackle decentralized finance and Web3 projects. Ivy Blocks, as it was named by the exchange, will focus on finding projects in seed stages to aid them via financing and other supporting services with...

Moneygram Launches USDC Crypto-to-Cash Program in Certain Markets


Moneygram, a remittance and payments company based in the U.S., has announced the integration of USDC, a dollar-pegged stablecoin, as a settlement asset for its cash to crypto and crypto to cash program. The company will first allow users to exchange USDC for cash and vice versa in certain markets...

US SEC Investigating Do Kwon’s Terraform Labs and UST Collapse: Report


The U.S. Securities and Exchange Commission (SEC) is reportedly investigating Terraform Labs and the collapse of algorithmic stablecoin terrausd (UST). “SEC enforcement attorneys are investigating whether Terraform Labs broke securities and investment product rules.” SEC Launches...

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