#USDC News

FEED

Will new upgrade foster stagnant staking activity? Gauging…

ambcrypto.com Tron unveiled the test version of its new staking mechanism, Stake 2.0. • The overall staking rate of the network was about 48%. March provided a roller coaster ride for the…

Bitcoin Adoption To Grow 50% By 2025, This Report Claims

bitcoinist.com According to the latest report, Bitcoin adoption among merchants is expected to increase by 50% in the next three years. This result is from a conducted by Ripple and Faster…

Granary Finance Gets $5M Funding From DeFi Community

blockworks.co Emerging DeFi lending protocol Granary Finance has rustled up more than $5 million of the stablecoin USDC in under two weeks, in a community-driven fundraise demonstrating…

Crypto Scammers Pilfered Over $370M In Q1

thedefiant.io More than $370M was lost to hacks and exploits during the first three months of 2023, down from a whopping $5B in the last quarter of 2022. According to data from Rekt,…

Bybit Eyes Ethereum’s Shanghai Upgrade, Launches ‘Optimized’ ETH Staking

financemagnates.com p class="MsoNormal">Bybit, a Dubai-based cryptocurrency exchange, is aiming for future opportunities expected from the Shanghai Upgrade to the Ethereum decentralized…

CZ tweeted that a $1B recovery fund would be moved into ‘native crypto’ with ‘transparency.’ Then Binance stuck it in a corporate wallet

yahoo.com In the wake of FTX's collapse in November, the newly crowned kingpin of crypto, Binance CEO and cofounder Changpeng "CZ" Zhao, announced that his exchange would create an…

US Crypto Crackdown Sees USDC Lose $10B, Tether Gain $9B

blockworks.co Tether stablecoin USDT is enjoying a near two-year high in market share amid heightened regulatory fears across crypto, after Circle’s USDC shed almost $10 billion. Since…

DEX Volume Unaffected But BTC Outflows From Binance Increase Post CFTC Lawsuit

cryptopotato.com Bitcoin is making its way out of Binance after the Commodities and Futures Trading Commission (CFTC) sued the exchange earlier this week, on-chain data shows. Though bearish…

XLM: How It Plans To Navigate Bearish Market Sentiment

newsbtc.com Despite the recent negative market trend, XLM, the governance token of the Stellar blockchain, is defying the odds in the crypto market. According to CoinGecko, the token…

CZ tweeted that a $1 billion recovery fund would be moved into 'native crypto' with 'transparency.' Then Binance stuck it in a corporate wallet

fortune.com In the wake of FTX’s collapse in November, the newly crowned kingpin of crypto, Binance CEO and cofounder Changpeng “CZ” Zhao, announced that his exchange would create an…

Bitcoin options volume, open interest on CME soar to hit all-time highs, risk is ‘back on’

theblock.co Bitcoin options volume and open interest on CME have reached an all-time high amid the banking crisis and a bitcoin rally. Open interest, the total number of contracts…

Bitget in 2023, A Review

bitcoinist.com Bitget is a cryptocurrency exchange platform established in 2018 that offers different services and products, specializing in futures trading and copy trading services. The…

, Bitcoin (BTC) Now Accepted by This U.S. Travel Company: Details

u.today Users can use crypto for commercial flights, hotel bookings Shiba Inu (SHIB), Bitcoin (BTC) and other supported cryptocurrencies will now be accepted by users of…

wMarket Update: Mixed market performance sees Bitcoin drop below $28,000

cryptoslate.com The cryptocurrency market cap saw net outflows of around $20 billion over the last 24 hours and currently stands at $1.17 trillion — down 1.55% from $1.19 trillion. During…

USDC Outflows Exceed $10B, Crypto Daily TV 31/3/2023

cryptodaily.co.uk In Todays Headline TV CryptoDaily News: Visa and Fold expand partnership to new regions. Bitcoin rewards app Fold and Visa have expanded their ongoing partnership. The U.S.…

Nearly 100 Billion Shiba Inu Bought as SHIB Burn Rate Pushed This High

u.today One of top SHIB whales grabbed astounding chunk of Shiba Inu, while SHIB burns continue to increase As reported by the WhaleStats wallet tracker, during the past 24 hours,…

Circle’s USDC stablecoin sees market cap plunge $10 billion over past two weeks

theblock.co Circle’s USDC continues to see redemptions en masse as the stablecoin's market cap fell to about $32.5 billion, a decline of roughly $10 billion over the last two weeks. "It…

Bitcoin And Ethereum Correlation At A Staggering 97%, BTC Rally Incoming?

newsbtc.com As Q1 2023 comes to a close, the Bitcoin and Ethereum correlation stands at a staggering 97%, trackers indicate. The Bitcoin And Ethereum Price Correlation Bitcoin and…

Avalanche may have had a solid Q1, but what promise does April hold

ambcrypto.com The AVAX bullish sentiment has decreased after an impressive all-round performance in March. • The Avalanche blockchain experienced a great deal of NFT volume and stablecoin…

Circle’s USDC Remains Dominant in DeFi as Pressure Eases on the Stablecoin

coindesk.com Jenny will discuss developing crypto-linked investment products in a bear market, the mood among her clients and her lon... Jenny will discuss developing crypto-linked…

THE HASH: Tether Stablecoin's Dominance Reaches 22-Month High; Which Crypto Exchanges Are Staying or Leaving Canada?

art19.com The most valuable crypto stories for Thursday, March 30, 2023. "The Hash" tackles today's hot topics: The top crypto exchanges are weighing whether or not to remain in…

Aave To Launch on Polygon zkEVM

thedefiant.io Aave, the top decentralized lending protocol with nearly $8B in total value locked (TVL), is set to launch on Polygon’s new zkEVM Layer 2 network. A preliminary poll…

A New Synthetic Bitcoin Is Coming to Ethereum

blockworks.co Badger DAO plans to bring a synthetic bitcoin onto Ethereum through liquid staking derivatives. The aim of the new cryptoasset, Dubbed eBTC, is to become one of the most…

USDC Outflow Surpasses $10 Billion, Are Investors Losing Interest In The Stablecoin?

bitcoinist.com Since the Silicon Valley Bank (SVB) fallout negatively impacted Circle’s USD coin (USDC), the stablecoin has recorded significant outflows. This massive withdrawal from USDC…

Stablecoin Supply Shift: TUSD Jumps 110% While Others Experience Reductions

bitcoin.com Four stablecoins have reduced their supplies this month, while the stablecoin token TrueUSD (TUSD) has seen its supply jump 110% higher over the last 30 days. TUSD resides…

Cryptocurrency Outlook Picks Up Amid Bank Crisis; The Markets Lifting Bitcoin Price Might Surprise You

investors.com After a roller-coaster year filled with arrests, speculation, scams, bankruptcies and billions in value lost, cryptocurrency market experts could hardly wait for boring…

Injective launches layer-2 testnet for Solana-based apps in Cosmos

cointelegraph.com Developers may soon be able to port Solana Web3 apps to the Cosmos ecosystem, bringing new users to these apps and providing a greater variety of uses for Cosmos…

UNICEF hatches plan for a prototype DAO, following its crypto fund

theblock.co UNICEF, an agency of the United Nations that provides relief and humanitarian aid to children, is testing concepts for a decentralized autonomous organization (DAO). "Right…

First Mover Americas: Investors Dig Risk Again

coindesk.com This article originally appeared in First Mover, CoinDesk’s daily newsletter putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every…

New Shibarium ATH in 2 Days: Number of Active Wallets on Puppynet Surpasses 100K

u.today Number of active wallets on Puppynet has reached new historic peak of over 100,000 Prominent Shiba Inu enthusiast Lucie Sasinkova has tweeted that the Shibarium testnet has…

Banking chaos has been bittersweet for crypto and wine

cnn.com A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the…

wMarket Update: Bitcoin $29,000 rally short-lived as top 10 assets plunge

cryptoslate.com The cryptocurrency market cap saw net inflows of around $4 billion over the last 24 hours and currently stands at $1.19 trillion — up 0.12%. During the reporting period,…

Crypto donations to surpass $10B in a decade: The Giving Block

cointelegraph.com According to The Giving Block’s 2023 annual report titled “Crypto Philanthropy Data, Trends & Predictions,” all-time crypto donations in the platform surpassed $125 million…

USDC Outflows Surge Past $10B, Tether Takes Market Share to 22-Month High

coinspeaker.com Coinspeaker USDC Outflows Surge Past $10B, Tether Takes Market Share to 22-Month High The collapse of the Silicon Valley Bank (SVB) earlier this month was a major blow to…

Over $18 Billion USDT Held In Binance, Bull Run Incoming?

newsbtc.com Nansen data on March 30 shows that over $18 billion of USDT is held on Binance, the world’s largest cryptocurrency exchange by user count and trading volumes. Binance…

PassimPay Introduces Crypto Payments Solution for Businesses and Individuals

u.today PassimPay created feature-rich platform for integration of crypto transfers in daily payments for B2B and B2C use cases PassimPay, a new-gen solution for cryptocurrency…

Amid the Failures, Who Is Providing Banking Services to Crypto?

financemagnates.com p>The banking industry is facing instability, and in the US, problems became clearly visible when three crypto-friendly banks ran into trouble earlier this month. These…

XRP Breaks Major Trendline, Rises 49% Amid Regulatory Uncertainty

newsbtc.com XRP’s upward trend, which started on March 21st, continues to gain momentum, as the cryptocurrency has surged by over 49% since the end of the “crypto winter.” Breaking…

At Least $37M Worth of y00ts NFTs Migrate to Polygon From Solana in One Day

decrypt.co Solana profile picture (PFP) collection y00ts is the most prominent NFT project to date to migrate from one chain to another—and early data suggests the community of holders…

USDC Outflows Surpass $10B as Tether’s Stablecoin Dominance Reaches 22-Month High

coindesk.com Jenny will discuss developing crypto-linked investment products in a bear market, the mood among her clients and her lon... Jenny will discuss developing crypto-linked…

Crypto Exchange Trader Joe Booms on Arbitrum, Spurring JOE Token Rally

coindesk.com Sage D. Young is a tech protocol reporter at CoinDesk. He owns a few NFTs, gold and silver, as well as BTC, ETH, LINK, AAVE, ARB, PEOPLE, DOGE, OS, and HTR. Decentralized…

Shiba Inu, Ether And VGX Tokens: What's Happening With Voyager's Crypto Assets?

benzinga.com Voyager Digital is beginning to cash out U.S. dollars received from the sale of Shiba Inu SHIB/USD, Ether ETH/USD, and the Voyager Token VGX/USD. The assets were sent to the…

Why Crypto Philanthropy Continues to Outperform the Market

coindesk.com To those on the outside looking in, the industry was getting pummeled. After months of prices trending downward, as the market felt like it was getting its sea legs back,…

Metadoro: Investors’ Fiddling While Rome Is Burning, Why Bitcoin Is Rising?

cryptopotato.com The major cryptocurrency is rising as Bitcoin prices surged above $28,000 per coin during the last week of March. This may look like fiddling while Rome is burning after the…

The EU’s Smart Contract ‘Kill Switch’ Mandate Won't Kill Crypto

coindesk.com While the intention of the regulators was to give people more protection over their own personal information, the act has generated concerns in the Web3 community. Some fear…

Voyager redeems $150M of USDC to fiat through Circle

cryptoslate.com Arkham Intel has reported that Voyager has initiated converting its USDC holdings into fiat currency by redeeming $150M via Circle’s service, also reporting that Coinbase…

Voyager Pockets $610 Million After Selling Shiba Inu & Ethereum

watcher.guru The Binance-Voyager deal has taken several twists and turns lately. Untethered, the bankrupt crypto lender was focused on selling off its assets and holding stablecoins…

Will the Launch of USDB Make Stablecoins Stable Again?

beincrypto.com USDB, a new Bitcoin-backed stablecoin, claims to be the fully decentralized, dollar-pegged, and reliable choice. Stabolut announced the launch of USDB in the private beta…

Stablecoins are solution to crypto’s banking problem, exec says

cointelegraph.com The collapses of banks like Silvergate have certainly impacted cryptocurrency exchanges but there are ways for the industry to survive without the support of banks, one…

Voyager Is Cashing Out Dollars From Selling Shiba Inu, ETH, VGX

bitcoinist.com As on-chain data shows, Voyager Digital has begun cashing out US dollars that have been flushed into the bankrupt crypto lender’s coffers through the sale of Shiba Inu…

Voyager Gets $610 Million from Selling Shiba Inu, ETH and VGX

u.today Voyager received nearly one billion after getting rid of SHIB, company has already sent part of it to convert into fiat According to data obtained by @lookonchain…

wMarket update: XRP leads top 10 as BTC breaks $28,000 once again

cryptoslate.com The cryptocurrency market cap saw net inflows of $70 billion over the last 24 hours and currently stands at $1.19 trillion — up 5.44% from $1.12 trillion. During the…

Bitcoin․com Partners with HAPI to Launch High-Yield Farm on Verse DEX and Enhance Wallet and DEX Security

bitcoin.com Bitcoin.com, a global leader in accessible cryptocurrency products and education, has taken another step forward in enhancing user experience by integrating HAPI’s service…

Coinbase pitches “inflation-proof” flatcoins against struggling USDC

protos.com Coinbase wants to create more stablecoins to diversify away from its longtime favorite, the beleaguered USDC. The $16 billion crypto exchange has published its intent to…

Circle prefers reserves and payment rails with the Fed, says exec

cointelegraph.com Circle has been subject to discussion in the crypto industry since the depegging of its stablecoin (USDC) due to the collapse of Silicon Valley Bank (SVB) on March 10. Now…

USDC takes a gamble on Cosmos Hub: How did ATOM react

ambcrypto.com Circle announced the launch of USDC on Cosmos Hub. Circle’s USD Coin [USDC] was on the receiving end of a lot of volatility over the last few weeks due to the collapse of…

How Davos Protocol Will Offer Users An Innovative Liquid Staking Solution

bitcoinist.com Davos Protocol is a low-risk, yield-generating, stable asset-driven DeFi ecosystem that addresses the issues of transparency, capital inefficiencies and increasing…

The Web's Most Comprehensive Business News Site. Free to Use →