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Cream Iron Bank Flash Loan Attack: Markets Re-Enabled While Asset Borrow Is Paused
16.2.2021
Following the Cream Iron Bank flash loan attack, preliminary findings of a probe have shown that contracts and markets still function normally. As a result, markets have now been re-enabled while the asset borrowing function has been paused. The Cream team also reveals that investigations...
Bitcoin Payments for Private Flights Soar, 20% of Privatefly’s Revenue Stems from Crypto
16.2.2021
Cryptocurrency users are leveraging their new-found wealth to fly more often with private jets. This week the directional aviation company Privatefly revealed that close to 20% of the firm’s sales were paid in cryptocurrencies last month, and 13% out of that aggregate used bitcoin. On-Demand...
Looming Legal Issues and Transparency Questions Fail to Dent Tether’s Momentum
6.2.2021
Tether has never been more popular. A quick look at Coinmarketcap data underscores this point, with 24-hour trading volume in USDT (US dollar-denominated Tether) exceeding both Bitcoin and Ethereum combined. Users of the Legacy Stablecoin Show No Sign of Relenting A slow-rolling lawsuit brought...
Sky High Bitcoin and Ethereum Fees: While Prices Jump the Cost to Transfer Follows Suit
4.2.2021
While a number of digital currencies have seen price gains the two leading crypto assets, bitcoin and ethereum have seen transaction fees skyrocket. For instance, data shows that the median fee for a bitcoin transaction is $8.58, while the median fee is $9.35 when spending ether. Meanwhile,...
Circle Launches USD Coin on the Stellar Network
4.2.2021
Circle and the Stellar Development Foundation (SDF) announced that the second-biggest stablecoin is now available within their network. USD Coin (USDC) is accessible through five integrated wallets, and it can be tradeable on their ecosystem, said the USDC issuer. Stellar Has Been the Official...
Report: Declining BTC Stablecoin Supply Ratio Suggests Exchanges Are ‘Highly Liquid & Ready to Buy’ Crypto Assets
3.2.2021
According to a report by Glassnode, bitcoin’s declining stablecoin supply ratio (SSR) indicates an increased supply of newly minted coins on exchanges. In turn, this increase in supply means exchanges are currently “highly liquid and ready to buy up assets such as bitcoin.”...
Bullish Sign for Crypto? USDC and Dai Balances on Exchanges Hit Record Highs
2.2.2021
Buying in these stablecoins may foretell where the crypto market is going
Stellar becomes new home of USDC as integration goes live
2.2.2021
The Stellar blockchain can be used to pay with USDC, the second-largest stablecoin
USDC on exchanges doubled in January while Tether's dominance fell to new lows
2.2.2021
USD Coin continues to capture stablecoin market share, with Tether’s stable token dominance falling below 75% for the first time ever
Circle enables seamless USDC-USD transfers, providing a bridge from banks to DeFi
27.1.2021
The result of developments in both crypto technology and regulation, Circle’s new USDC API provides a bridge between crypto and traditional finance
Questions About Tether Just Won’t Go Away. Does the Crypto Market Care?
26.1.2021
Is the price of bitcoin and other cryptocurrencies inflated because the backing of tether may not be as strong as people think it is?
Pornhub Now Accepts Payment in the Form of XRP, DOGE, BNB and USDC
20.1.2021
The adult entertainment website now accepts payment in 16 cryptocurrencies
9 Trillion vs. 100 Trillion: Billionaire Mike Novogratz Asks Which Cryptocurrency Will Win the Payments Race
2.1.2021
On December 31, billionaire investor Mike Novogratz asked his Twitter followers which blockchain coin has the best chance of winning the payments race and offered four choices. Novogratz said there are lots of “contenders” and listed off Facebook’s diem, tether, bitcoin cash,...
Yearnify Finance (YFY) Hidden Gem – Decentralized Finance Project, Pre-Sale Round 3 Is Now Live
5.12.2020
PRESS RELEASE. Yearnify Finance is a community-centered DeFi-project, modeled to take the successful features of Yearn Finance (YFI), and improve upon them. Yearnify aims to bring the true value of yield farming finance accessible to all users, yearnify offers the most secure and simple way to earn...
Visa will facilitate USDC payments, thanks to fresh partnership
2.12.2020
This could significantly lower the barrier to entry for stablecoin use
Visa Makes Stablecoin Push With Circle’s USDC
2.12.2020
Leading payments card company Visa is making a push into the red-hot stablecoin segment and has chosen USD Coin (USDC) for the job.
Visa has paved the way for blockchain startup Circle’s Ethereum-based USDC to join its mega payments network, which reaches tens of millions of merchants...
Visa May Issue USDC Credit Card After Adding Circle to ‘Fast Track’ Program
2.12.2020
Visa Wednesday announced it’s linking its payments network of 60 million merchants to the U.S. Dollar Coin (USDC) digital currency developed by Circle Internet Financial on the ethereum blockchain. This story is developing and will be updated when more information is available. Read...
USDC issuer Centre lands Wall Street veteran David Puth as CEO
1.12.2020
The company behind USDC has added a new face that could help further institutional adoption
USDC Stablecoin Issuer Centre Hires Wall Street Veteran David Puth as CEO
1.12.2020
Centre, the Coinbase- and Circle-founded project that oversees the USDC stablecoin, has hired Wall Street veteran David Puth as its new CEO
No, You Can’t Buy Shares in Bitcoin
29.11.2020
With bitcoin going through an extended bull-run, scammers and con artists have been on hand to exploit a general fear of missing out (FOMO). Many early adopters of bitcoin became multi-millionaires by simply holding the digital asset. New Scam Tactic Consequently, many bitcoin investment scams have...