Washington just gave one of the world’s largest digital currencies a more official place in the US financial system. On July 10, Circle won final approval from the Office of the Comptroller of the Currency […]
TLDRs; Visa shares gained as investors welcomed its push into stablecoin infrastructure for banks worldwide. New platform enables financial institutions to issue, transfer, and manage stablecoins across multiple blockchains. Visa expands crypto strategy through blockchain […]
Ostium, an on-chain perpetuals trading platform, said a five-minute security incident caused losses from its public liquidity vault. Security firms estimated the exploit at up to $24 million. Co-founder Kaledora Kiernan-Linn confirmed that the issue […]
Market News ZachXBT advised users with some experience in crypto to use a smartphone for storing their wallets instead of a hardware wallet. In his opinion, the development of the software ecosystem at Ledger was […]
Key Takeaways The U.S. government sent $12.36 million in ETH, USDC and USDT via six transactions on July 14. Coinbase Prime received the ETH and USDT legs, while USDC went to an unlabeled address Arkham […]
Adjusted stablecoin transaction volume reached a record $1.79 trillion in June, according to Visa Onchain Analytics, up 63% from May’s $1.10 trillion and 125% higher than a year earlier. Across the same four weeks, the […]
Hedera-based lending protocol Bonzo Lend has locked withdrawals after an oracle verifier accepted a proof containing a zeroed signature and public key, allowing a wallet to borrow $9.05 million against 250 SAUCE. Bonzo Lend and […]
Circle received approval from the OCC on July 10 to establish a bank called Circle National Trust. That does not give the USDC issuer the powers most people associate with a commercial bank. The national […]
July 10 (Crypto-News.Net) – Circle said Friday the Circle OCC approval lets it establish First National Digital Currency Bank, N.A., a national trust bank that will operate as Circle National Trust. Key Takeaways Circle says […]
Crypto giant Circle is rebuffing efforts to help scam victims, law enforcement officials say. According to a report by the International Consortium of Investigative Journalists (ICIJ), the issuer of the USDC stablecoin is allegedly declining […]
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