Browsing Tag
USDC
216 posts
What happens when a stablecoin depegs for 30 seconds
Most traders assume depegs are slow. They are not. Inside the 30 second window where arbitrage bots, liquidation…
Inside the uncollateralized deal that locked up 6 million SUI until 2028 while SUI Group trades at a 25% NAV discount
SUI Group Holdings has lent 6 million SUI tokens to Bluefin Markets under an uncollateralized agreement that lets…
Coinbase is pulling Loopring trading today – finding a safe place to sell LRC tokens is getting complicated
Coinbase is scheduled to suspend LRC-USD trading on or around 2 p.m. ET on Aug. 7. If completed,…
Circle renews Coinbase USDC deal, rules out dividends
Circle renewed its Coinbase USDC deal for three years and ruled out quarterly dividends as it redirects capital…
Wall Street Meets Web3: BlackRock, Visa, and Mastercard Back Circle’s New Arc Blockchain
USDC stablecoin issuer Circle has announced the founding validator cohort for Arc, its open blockchain network. It is…
Biotech company asks shareholders to dilute stock by 951% to hoard illiquid crypto token instead of funding its own drug
Enlivex, a Nasdaq-listed biotechnology company, is asking shareholders to authorize up to $800 million of financing tied to…
Stablecoin remittances hit 9% in Bank of Italy test
Stablecoin remittances cost up to 9% in a Bank of Italy test, with fiat on- and off-ramps driving…
Hyperliquid probes 17.9% SK Hynix perp plunge
Hyperliquid’s SK Hynix perp fell 17.9% after a one-share NXT trade hit limit-down, prompting Trade.xyz to investigate its…
Circle is arming USDC with 1,000 IBM patents to secure its grip on global banking rails
Circle has acquired nearly 1,000 IBM blockchain patents as the USD Coin (USDC) issuer pushes deeper into the…
Compromised owner contract just let hackers print 5.2 million WEMIX stablecoins out of thin air, forcing a complete network freeze
The WEMIX team said compromised ownership of a contract tied to its WEMIX$ stablecoin enabled approximately 5.23 million…
