Arbitrum price soars after DeFi whale address resumes ARB accumulation

cointelegraph.com On June 2, the price of Arbitrum (ARB) jumped alongside the top-ranking cryptocurrencies after the U.S. Senate voted to raise the debt limit. Why is ARB price up today? The…

Circle Announces Launch of Native USDC on Arbitrum Network, Aims for Faster Transactions

bitcoinist.com Circle, the developer of the USDC stablecoin, is set to introduce a native version of its token on the Arbitrum network. The move aims to enhance transaction speeds and…

Second-Largest Stablecoin To Launch ‘Natively’ on Ethereum Scaling Solution Arbitrum (ARB) Next Week

dailyhodl.com Circle plans to launch USD Coin (USDC) natively on the Ethereum (ETH) scaling solution Arbitrum (ARB) on June 8th. The stablecoin issuer says this native USDC will be the…

Bitcoin recaptures $27,000 following market reprieve: wMarket Update

cryptoslate.com The cryptocurrency market saw net inflows of $12.5 billion over the last 24 hours and currently stands at $1.14 trillion — up 1.1% from $1.13 trillion. During the reporting…

Stablecoin Issuer Circle to Launch USDC Natively on Arbitrum Next Week

coinspeaker.com Coinspeaker Stablecoin Issuer Circle to Launch USDC Natively on Arbitrum Next Week In an announcement on Thursday, June 1, stablecoin issuer Circle announced its plans to…

Which Crypto Can You Borrow?

watcher.guru The Ultimate Guide to Crypto Lending: Which Cryptocurrencies Are Available for Borrowing? Wondering which cryptocurrency you can borrow? You’re not alone. Cryptocurrencies…

Circle to launch USDC natively on Arbitrum

cryptoslate.com Circle said on June 1 that it will soon launch a native version of its USD Coin (USDC) stablecoin on the Arbitrum blockchain. The new version of USDC will be “native to…

‘Bitcoin Jesus’ says Ethereum is the front-runner for global crypto adoption

cointelegraph.com investor and Bitcoin Cash (BCH) advocate Roger Ver claimed that Ethereum, not Bitcoin, will be responsible for driving the bulk of new users towards crypto. On a May 31…

Circle to launch ‘official version’ of USDC natively on Arbitrum

cointelegraph.com Circle recently announced plans for a June 8 launch of a new native version of its USD Coin (USDC) stablecoin on the Arbitrum network. According to a blog post, Circle will…

Polygon-Based USDC Can Now Be Sent on Coinbase Wallet With Zero Gas

u.today Coinbase Wallet, one of most popular tools for storing and sending cryptocurrency, makes USDC transactions on Polygon gas-free Starting from yesterday, May 31, 2023, sending…

USDC Stablecoin Launches Natively on Arbitrum (ARB)

u.today The native Arbitrum-based version of USD Coin by Circle is set to replace the existing token that bridges USDC liquidity from Ethereum (ETH). The token will play an…

Tether Surpasses All-Time Market Cap High While Other Major Stablecoin Supplies Shrink

beincrypto.com The Tether stablecoin has hit a new market cap milestone, surpassing its previous capitalization high of $83.2 billion from last year. The numbers indicate a strong demand…

Tether’s USDT sets new all-time high in spite of regulatory concerns

cryptoslate.com The market capitalization of Tether’s USDT has surpassed the previous all-time high of $83.2 billion, according to a June 1 statement from the stablecoin issuer. Data from…

USDC Issuer Circle Has Ditched All U.S. Treasuries From $24B Reserve Fund Amid Debt Ceiling Showdown

coindesk.com Stablecoin issuer Circle Internet Financial has ditched all U.S. Treasury bonds from its USD Coin (USDC) backing reserves as part of precautionary measures to protect from a…

CNHC stablecoin issuer detained by Chinese police: Report

cointelegraph.com The Chinese government continues to crack down on the cryptocurrency industry with a new investigation targeting a major Chinese yuan stablecoin issuer. The team of Trust…

BitFlyer Embraces FATF's 'Travel Rule' as Japan Starts AML Regime

financemagnates.com Ahead of Japan's strict crypto monitoring regime starting in June, cryptocurrency exchange bitFlyer has adopted tougher anti-money laundering (AML Anti-Money Laundering…

OKX Publishes 7th PoR Report With $10B in Crypto Assets, Continues Expansion

cryptopotato.com Seychelles-based cryptocurrency exchange OKX published its seventh proof-of-reserves (PoR) report in line with efforts to push the new industry standard of transparency and…

USDT Market Dominance Spikes While USDC Dips Amid Economic Uncertainty

bitcoinist.com Stablecoins like Tether (USDT) and USD Coin (USDC) are usually steadier than other digital assets, especially those pegged to fiat currencies like the USD. These coins act…

Buoyant weekend price action sees Bitcoin recapture $27,000: wMarket Update

cryptoslate.com Since last Friday’s wMarket report, the cryptocurrency market saw net inflows of $47.2 billion and currently stands at $1.16 trillion — up 4.2% from $1.12 trillion. Over the…

USDT market share jumps amid economic uncertainty, USDC shrinks

cointelegraph.com The market dominance of stablecoins pegged to the United States dollar has undergone some changes over the past year. While most of them are in a downward trend, Tether…

Stablecoin Market Cap Drops as Trading Volume Slows Down

beincrypto.com Stablecoins’ total market cap is down significantly, with a decline of more than $50 billion over the past 14 months. According to Defillama, the stablecoin market cap is…

MakerDAO looks to increase DAI savings rate by 233% to 3.3%

cryptoslate.com Decentralized finance (DeFi) protocol MakerDAO increased its DAI savings rate (DSR) to 1% in December 2022. The move led to over 35 million DAI being deposited within a…

DAI Mostly Centralized Even After Halving USDC Exposure

thedefiant.io The lion's share of MakerDAO's stablecoin is backed by centralized stablecoins and real-world assets. MakerDAO, the issuer of the DAI stablecoin, is making strides at…

Circle Unveils New Stablecoin On The Avalanche Blockchain

bitcoinist.com Circle, a leading stablecoin issuer, has introduced Euro Coin (EUROC) on Avalanche, marking a strategic step towards providing faster and more efficient payment solutions…

A Stablecoin Bank Run Could Pose “Systemic Risk” to the Financial System: EU Watchdog

cryptopotato.com The European Systemic Risk Board (ESRB) published a report on Thursday outlining the top 3 nightmare scenarios in which a crypto industry crisis could bleed in and pose…

Euro Coin: Circle Launches Stablecoin on Avalanche Blockchain to Facilitate Fast & Efficient Payment Systems

coinspeaker.com Coinspeaker Euro Coin: Circle Launches Stablecoin on Avalanche Blockchain to Facilitate Fast & Efficient Payment Systems Circle has launched a euro-based stablecoin on the…

Circle launches euro-backed stablecoin on Avalanche

theblock.co Stablecoin issuer Circle has rolled out its Euro Coin stablecoin on the Avalanche network, making it the second blockchain to support the asset following the initial launch…

OKX Opens up Cardano (ADA) Trading for Hong Kong Individuals

u.today Individuals from Hong Kong will finally be able to directly trade digital assets on one of biggest platforms in world In a significant move toward broader digital asset…

Router Protocol launches testnet for Router Chain

coinjournal.net Key takeaways Router Protocol’s Router Chain launches on testnet. Router Chain aims to increase Web3 adoption by solving existing problems in cross-blockchain…

Sharks & Whales Accumulate Stablecoins, Why This Could Be Bullish For Bitcoin

newsbtc.com Data shows the sharks and whales of the largest stablecoins have been accumulating, something that may turn out to be bullish for Bitcoin. Sharks & Whales Have Been Loading…

Visa Stock Plummets. Is Resilient Consumer Faltering?

investors.com has a strong earnings track record and mutual funds are taking notice as they grow their stake in the credit card giant. In April, Visa reported quarterly EPS of $2.09 on…

Stablecoin exchange balance drops below $20B

cryptoslate.com The volume of stablecoins held on centralized exchanges has fallen below $20 billion—its lowest since April 2021, according to Glassnode data as analyzed by CryptoSlate.…

Hotbit shuts down as cyber attacks, crypto crises weaken its operations

cryptoslate.com Crypto exchange Hotbit said it would halt all operations on May 22 by 04:00 UTC, advising its users to withdraw their assets before June 21. Why Hotbit is shuttering…

Hotbit exchange halts operations, urges users to withdraw funds

cointelegraph.com In an announcement, the exchange said that its operating conditions have deteriorated since a former member of its team was subjected to an investigation back in August…

De-Dollarization Efforts Now More Genuine Than Ever Amid Looming US Economy Concerns: Circle CEO Jeremy Allaire

dailyhodl.com Circle CEO Jeremy Allaire says that the threat of de-dollarization is not as easy to dismiss as it once was. In a new interview at the Currency in the Crossfire event hosted…

$120 Million Issue Found in Aave (AAVE) New Release

u.today Security researchers found a bug in the design of Aave v2's latest release for the Polygon (MATIC) blockchain. It seems that a nine-digit sum in U.S. Dollar Tether (USDT),…

Strike expands Bitcoin payments to 65 countries, moves global headquarters to El Salvador

yahoo.com Since starting in 2019, the Bitcoin-powered payments app Strike has aimed to become a global crypto-powered equivalent to Venmo or Cash App. On Friday, the company—led by…