Binance to Autoconvert TORN, OMG, WAVES to USDC, Here’s Why
Binance has plans to sunset TORN, OMG and WAVES from its platforms through autoconversion to USDC.
Circle Expands USDC Reach in Australia, Partners with MHC Digital Group
Circle’s partnership with MHC Digital aims to expand USDC’s presence in Australia and the Asia-Pacific, exploring future stablecoin developments.
Ronin Network Reopens Bridge after $10M Exploit in August
Today, the Ronin team confirmed that the bridge had undergone rigorous audits by two external firms, ensuring its security before reopening.
PYUSD Supply on Solana Surpasses Its Ethereum Supply by Over 5.6%
PYUSD ranks as the fourth-largest centralized stablecoin issuer after Tether (USDT), Circle (USDC), and First Digital (FUSD).
Ferrari to Accept Crypto Payments for European Dealers, Eyes Global Expansion
By Bena Ilyas
Ferrari’s foray into crypto space shows a growing confidence in the technology’s potential for secure and efficient transactions, particularly among high-net-worth individuals.
Donald Trump’s Crypto Portfolio Crosses $33M after Meme Coin Airdrop
By Tolu Ajiboye
Donald Trump has at least $33 million in crypto, mostly from the TROG meme coin airdropped to the former president.
Australian Court Relieves Block Earner of Fine despite Unlicensed Crypto Offerings
By Bena Ilyas
The court’s decision not to penalize Block Earner offers a glimmer of hope for the Australian crypto space.
Bybit CEO Denies Insolvency Rumors, Confirms Healthy Balance Sheet
Bybit CEO provided a link to the exchange’s proof-of-reserves (PoR) and a Nansen dashboard displaying all the cryptocurrencies held by the platform.
Crypto Investor Loses Over $100K in Phishing Scam, Raising Alarm on Cybersecurity
The hacker carried out this act using a multi-call function, which allows multiple smart contracts to be executed in a single transaction.
Synthetix’s sUSD Stablecoin Loses Its Dollar Peg amid Heavy Sell-Off
The depeg situation of Synthetix’s sUSD has once again highlighted the vulnerabilities within DeFi systems and the impacts of liquidity shifts.
DCF Announces Passage of Proposal for Better Liquidity and Efficiency in Cosmos Network
The passing of Proposal #912 highlights the proactive and innovative spirit of the Cosmos community.
Bybit Returns 2% to Bybit Card Users via Cashback Campaign
By Tolu Ajiboye
Bybit has announced a 2% cashback in USDT for all users, who spend crypto or fiat using the exchange’s Bybit card.
Robinhood Crypto Launches Solana Staking in Europe Alongside 10% Bonus Program for New Customers
The company is also working towards catering to the specific needs and preferences of its European users.
Lending Protocol Sonne Finance Suffers $20M Attack on Optimism Blockchain
The incident happened on May 14, around 10:30 pm UTC, and was detected by Web 3.0 security firm Cyvers.
US Government Now Holds $13.82B Worth of Bitcoin
Although the US government holds a significant amount of Bitcoin, it has periodically sold portions of its crypto holdings.