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Worldcoin to Stop Using USDC for Orb Operator Rewards – Here's the Latest


The Worldcoin Foundation has announced a major change in the reward system for the Orb device operators: they are now paid in WLD tokens instead of the popular stablecoin USD Coin (USDC). Ecosystem contributors, known as the Worldcoin Operators, have been paid in USDC during what has been...

Circle USDC Issuer Releases Two New Beta Tools for Developers


USDC Issuer Circle has launched a smart contract platform and gas station, a major push to streamline Web3 services.  The stablecoin firm, in its blog post on October 19, revealed that the new product releases are systematic to the broader decentralized finance (DeFi) landscape.  The smart...

Vitalik Buterin: ‘I Haven’t Sold ETH for Personal Gain Since 2018’


Vitalik Buterin has dismissed reports that he recently sold his crypto holdings and claimed to have not “sold ether for personal gain since 2018.” Buterin suggested to his followers that the reports often mistake his transfer of digital assets to charitable organizations as sales...

Vitalik Buterin transfers Gemini $15 million worth of USDC


Vitalik Buterin, a co-founder of Ethereum, was last seen transferring a whopping $15 million worth of USDC to Gemini, a crypto exchange firm. The purpose behind this transfer has not been revealed yet; however, independent investigations have revealed that this is not the only transfer that Vitalik...

DeFi User Mistakenly Swaps $131,350 in USDR for $0 in USDC


In an unexpected turn of events, a decentralized finance (DeFi) user accidentally lost a fortune after he swapped $131,350 in wrapped USDR (wUSDR) for $0 in USDC. The transaction was initially captured on DeFi and DEX aggregator OpenOcean by X (formerly Twitter) user @rektfencer. The DeFi user...

Ethereum Foundation Trades 1,700 ETH for $2.76 Million in USDC


Blockchain sleuths spotted the Ethereum Foundation trading 1,700 ETH for a hefty $2.76 million in USDC stablecoins. This comes hot on the heels of Ethereum’s co-founder, Vitalik Buterin, transferring a cool $3.79 million in ether within a mere ten days. Ethereum Foundation Parts With...

Burnt Announces Mainnet Launch With USDC Native Currency Support


Burnt, a layer-2 scaling solution backed by Animoca and Multicoin, has announced the launch of Xion, a layer-1 blockchain protocol.  According to an October 5 tweet on X (formerly Twitter), Burnt noted that Xion is the first blockchain protocol to adopt the Circle-backed USDC stablecoin as...

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