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Circle Makes Crypto Payments Easier With New Programmable Web3 Wallet for Businesses
8.8.2023
Circle’s Programmable Wallets platform is available now for developers on Ethereum, Avalanche and Polygon, with plans to expand to other blockchain later this year
Binance Sale of USDC for BTC and ETH Raises Fresh Concerns In Latest Proof-of-Reserves Report
8.8.2023
Binance's latest proof-of-reserves (PoR) report has come under scrutiny following its depleting USDC reserves after the collapse of Silvergate Bank.
The report released on Aug 1 to show transparency in the exchange’s dealings with user assets has sparked arguments across social media spaces...
Cypher Protocol Loses $1 Million in Blockchain Exploit – Here's What Happened
8.8.2023
Solana-based decentralized exchange Cypher Protocol halted its smart contract following an exploit that saw an estimated $1 million stolen.
On the evening of August 7 (UTC), Cypher confirmed that there had been a security incident, saying that the team was investigating it, but without providing...
Binance sold USDC for BTC & ETH after Silvergate bank collapse: PoR report
8.8.2023
Binance’s depleting USDC reserves has become a hot topic in the crypto ecosystem, especially after Coinbase CEO’s quip during the company’s Q2 earning call
Circle CEO: 70% of USDC adoption comes from outside the US
8.8.2023
Major stablecoin issuers Tether and Circle are focusing on non-U.S. markets where adoption is growing
I Have 1M Questions About the PayPal Stablecoin. Here Are 5
7.8.2023
Stablecoin Turmoil: $1.53 Billion Redeemed in a Month Amid Declining Trade Volume
7.8.2023
In the brief span from July 12, 2023 to August 6, 2023, the stablecoin economy witnessed a staggering loss exceeding $1.53 billion in value. Among the premier ten stablecoins, Pax’s pax dollar (USDP) experienced a redemption of 39% of its supply over the preceding 30 days. Unstable Times...
Binance sold USDC for another stablecoin — Coinbase CEO
7.8.2023
Binance has been experimenting with relatively lesser-known stablecoins after a pause on BUSD
Coinbase earnings show the company is now much more than just an exchange
4.8.2023
The Coinbase earnings report shows that services and subscriptions are the exchanges’ core revenue streams. Is this a positive or a negative?
Today in Crypto: Binance Denies Reports of Its Activities in China, Coinbase is Looking Into Adding Bitcoin Lightning Network, OKX Launches Account Abstraction Feature, Hyundai & Kia Partner With Hedera
2.8.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Binance Denies Reports of Its Activities in China, Coinbase is Looking Into Adding Bitcoin Lightning...
Coinbase Analysts Optimistic Ahead of Q2 Earnings, but Warn About USDC Risks and Lower Trading Volumes
2.8.2023
The crypto exchange reports earnings for the second quarter of 2023 after the market closes on Thursday
US defense bill may be ‘problematic’ for USDC and stablecoins: Analysts
1.8.2023
A proposed U.S. national defense bill could subject stablecoins issuers to KYC and AML requirements they would be unable to comply with, said Berenberg analyst Mark Palmer
Cryptocurrency Remittance Solution Introduced in Latin America by Island Pay and Circle
26.7.2023
Island Pay, a fintech company based in the Bahamas, has launched a crypto remittance solution to address the extreme high costs associated with traditional cross border payment systems, Bloomberg reported.
The fintech firm has announced a digital wallet called "CiNKO," for users in Latin America...
Stablecoin Economy Sees $3 Billion Drop: Leading USD Tokens Shrink as Euro-Anchored Projects Display Resilience
25.7.2023
The stablecoin economy continues to shrink, with more than $3 billion in value removed from today’s top stablecoin valuations in less than 40 days. The dollar-pegged tokens USDP and GUSD experienced the largest 30-day reductions, shedding 45.1% and 27.2%, respectively. Top Stablecoins...
Era Lend on zkSync exploited for $3.4M in reentrancy attack
25.7.2023
The lending app was drained of funds using a “read-only reentrancy” bug, a type of vulnerability that is often difficult for auditors to spot
NY Couple to Forfeit Billions in Crypto and Cash in Plea Deal Over Bitfinex Hack Laundering Case
21.7.2023
Ilya Lichtenstein and Heather Morgan, the New York-based couple implicated in the alleged laundering of $4.5 billion in bitcoin pilfered from the 2016 Bitfinex cyber-attack, have reached a plea bargain, as revealed by recent court records. The pair is scheduled to appear before U.S. judge Colleen...
Latin American Crypto Firm Bitso Joins Stellar Network to Boost International USDC Payments
19.7.2023
Companies from all over the world will be able to make transactions to Argentina, Colombia and Mexico
Today in Crypto: BIS Presents Seven-Point Plan to Prevent CBDC Cyber Attacks, Multiple Scam Warnings Are Issued, Preliminary Hearing for Terraform Co-Founder Daniel Shin Held on Monday
10.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: BIS Presents Seven-Point Plan to Prevent CBDC Cyber Attacks, Multiple Scam Warnings Are Issued...
Multichain Breach Forces Circle to Freeze $63 Million in USDC
8.7.2023
USD Coin (USDC) issuer Circle has frozen $63 million belonging to three wallet addresses associated with the hack of the cross-chain bridge platform Multichain.
In a Friday tweet, security firm PeckShield revealed that Circle has frozen $27.65 million, $30.1 million, and $5.5 million in three...
Bitwage Purges USDC Payments for US Residents Due to a ‘More Strict Regulatory Climate’
7.7.2023
Bitwage, a cryptocurrency payroll company, has announced it will remove USDC-based payments for U.S. residents. In an email sent to U.S.-based customers, Bitwage explains removing the second-largest stablecoin by market cap from its platform is related to a “more strict regulatory...