Finance News – Usdc
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Hyperliquid trader James Wynn goes ‘all-in’ on $1.25B Bitcoin Long
James Wynn’s substantial leveraged Bitcoin position, exceeding one billion dollars, underscores the heightened financial risk and potential reward involved in his large-scale crypt...
Read Full Article →US DOJ seizes $24M in crypto from accused Qakbot malware developer
The seizure of more than $24 million in digital assets from the alleged malware creator represents a significant financial blow aimed at disrupting criminal profits and supporting...
Read Full Article →Kalshi now accepts Solana after adding support for Bitcoin, USDC, and WLD
Kalshi's inclusion of additional cryptocurrencies for deposits enables users to fund their accounts more quickly while allowing them to contribute amounts up to $500,000, enhancing...
Read Full Article →Enjin Blockchain enables cross-chain stablecoin transfers with Hyperbridge
The integration of USDC and USDT stablecoins on Enjin Blockchain’s testnet through Hyperbridge facilitates seamless cross-chain transactions, potentially enhancing liquidity and fi...
Read Full Article →Sui DEX Cetus hit by suspected hack: Over $200M in potential losses
The suspected breach on the decentralized exchange has potentially resulted in hundreds of millions of dollars in digital assets being illicitly transferred, significantly impactin...
Read Full Article →Circle launches Circle Payments Network for real-time stablecoin payments
Circle's introduction of a blockchain platform aims to enhance the speed and efficiency of cross-border transactions by enabling instant transfers using its USDC stablecoin for com...
Read Full Article →Yield-bearing stablecoins surge to $11B, now 4.5% of market: Report
The rapid growth of yield-bearing stablecoins to $11 billion highlights a significant shift in the crypto market, reflecting increased investor demand for interest-earning digital...
Read Full Article →Usual’s stablecoin USD0 goes live on Fluid, unlocking dual yields for LPs
The introduction of the USD0/USDC liquidity pool on the Fluid platform enables liquidity providers to generate income from multiple sources, enhancing earning potential within the...
Read Full Article →Circle plans IPO but talks with Ripple, Coinbase could lead to sale: Report
Circle aims to raise approximately $5 billion through public offering efforts, but ongoing discussions with major crypto firms could alter its financial trajectory and potential ow...
Read Full Article →Circle considering sale to Coinbase or Ripple amid IPO: report
Circle’s potential acquisition by major cryptocurrency firms could impact its market valuation and investor interest as it simultaneously advances plans for a public offering.
Read Full Article →Panama City mayor teases Bitcoin reserve after meeting El Salvador's Bitcoin leaders
If implemented, a city-level digital currency fund in Panama City could enhance public finance options by enabling crypto transactions for municipal fees and potentially attracting...
Read Full Article →Tokenization makes investing more accessible — Robinhood exec
By enabling fractional ownership of assets typically limited to wealthy investors, tokenization has the potential to broaden market participation and increase liquidity in traditio...
Read Full Article →Pareto launches synthetic dollar backed by private credit
By enabling fully collateralized token issuance backed by private credit, the platform offers institutional investors access to decentralized finance while generating yield through...
Read Full Article →Coinbase’s x402: Crypto payments over HTTP for AI and APIs
Coinbase’s x402 protocol enables instantaneous, programmable stablecoin payments directly within web communications, facilitating seamless microtransactions crucial for AI-driven s...
Read Full Article →Kima joins Mastercard sandbox to enable stablecoin card top-ups
The collaboration enables prepaid card providers to leverage Kima’s infrastructure for seamless, compliant stablecoin funding from multiple blockchain wallets, potentially enhancin...
Read Full Article →RedotPay enters South Korea with crypto-powered payment cards
RedotPay’s introduction of cryptocurrency-enabled payment cards in South Korea could influence the financial landscape by offering real-time stablecoin transactions and expanding c...
Read Full Article →Stripe rolls out stablecoin accounts in over 100 countries
By enabling access to digital dollar-denominated accounts across numerous countries, the new service may enhance cross-border transactions and provide greater financial inclusion i...
Read Full Article →USDC hits record $219 billion volume in April as Binance partnership boosts market dominance
USDC experienced a substantial increase in trading activity last month, driven largely by its collaboration with Binance, resulting in a significant expansion of its market share c...
Read Full Article →Hacker from 2022 Voltage Finance exploit moves ETH to Tornado Cash
Following a major security breach in 2022, a significant amount of misappropriated cryptocurrency was transferred to a privacy-focused mixing service, highlighting ongoing risks an...
Read Full Article →World Liberty Financial floats USD1 airdrop to WLFI holders
World Liberty Financial aims to strengthen its platform by distributing a small amount of a new stablecoin to early token holders, helping to validate its smart contract system and...
Read Full Article →Zerebro dev’s death in question as ‘proof’ surfaces on X
Following the controversy, significant token movements linked to the developer raised concerns about market manipulation, impacting the valuation and liquidity of both Zerebro and...
Read Full Article →Research DAO claims paralyzed rats recover after spinal cord fix
HydraDAO’s funded research project has the potential to generate significant income through the sale of specialized surgical equipment and professional training programs for medica...
Read Full Article →Fresh $1B in Tether mints on Tron, closing gap again with Ethereum
The recent significant increase in stablecoin issuance on the Tron blockchain highlights its growing prominence in digital asset liquidity and intensifies competition with Ethereum...
Read Full Article →Most shops in Cannes to accept crypto by summer this year — Web3 exec
Cannes merchants are preparing to accept cryptocurrency payments by summer 2023, aiming for widespread adoption to attract affluent clientele and modernize the city's economic land...
Read Full Article →Circle’s Refund Protocol, explained: Bringing refunds to stablecoin payments
The implementation of Circle's Refund Protocol enhances consumer trust in stablecoin transactions by providing a secure, transparent mechanism for resolving disputes and facilitati...
Read Full Article →Stablecoins: Depegging, fraudsters and decentralization
The increasing interest of major financial institutions in launching stablecoins, coupled with enhanced regulatory clarity, underscores their potential to integrate blockchain tech...
Read Full Article →Crypto losses spike 1,100% in April with 5th-largest-ever hack: CertiK
In April, the total value lost to crypto hacks, exploits, and scams surged to $364 million, primarily fueled by a significant theft involving an elderly individual's wallet and inc...
Read Full Article →Stablecoins on track for $2T market cap by 2028 — US Treasury
According to a recent report by the US Treasury, the market capitalization of US Dollar-pegged stablecoins is projected to grow significantly, potentially reaching $2 trillion by 2...
Read Full Article →Tether plans US stablecoin launch as soon as this year — Report
Tether is preparing to introduce a new stablecoin in the U.S. market by the end of this year, aiming to expand its dominance amid evolving regulatory frameworks and emerging compet...
Read Full Article →Ripple Made $4-5 Billion Offer to Acquire USDC Stablecoin Issuer Circle: Bloomberg
Ripple proposed a significant acquisition of Circle, the issuer of the USDC stablecoin, valued between $4 billion and $5 billion, but the offer was not accepted.
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