May 1st, 2025
USDC News - Page 18
Justin Sun Deposits $100M into Binance, Moves to Allay Market Fears Over Exchange’s Financial Health
By Tolu Ajiboye
December 13th, 2022
Justin Sun has deposited a substantial amount of money back into Binance after the exchange’s outflow rapidly hit $1.8 billion.
Coinbase Waives Fee for Conversion from USDT to USDC
By Sanaa Sharma
December 9th, 2022
Tether CTO Paolo Ardoino denounced the decision, along with several Twitter users who have questioned the motive.
USDC Issuer Circle Scraps Its SPAC Deal and Plans to Go Public
By Bhushan Akolkar
December 6th, 2022
Amid the current crypto winter and overall bearish sentiment, stablecoin issuer Circle decided not to pursue any further SPAC merge plans for going public.
Hacker Exploits Ankr for Over $5 Million
By Babafemi Adebajo
December 2nd, 2022
While investigations are still ongoing, the case is rapidly developing. So far, the aBNBc token has lost over 99% of its value.
USDC Issuer Circle to Allow Payments with Apple Pay
By Babafemi Adebajo
November 16th, 2022
The integration will make it easier for crypto-native businesses to receive payments without excluding customers that don’t use crypto.
Credit Marketplace Credix Finance to Launch $150M Credit Pool for Clave
By Mayowa Adebajo
November 2nd, 2022
Credix Finance’s partnership with Clave is geared toward supporting businesses and consumers in the entire Latin American region.
CoinList Introduces Additional Allocation Request Feature for Community Sales
By John K. Kumi
October 28th, 2022
Those eligible for this feature are users who purchase the maximum allocation in the sale.
Coinbase Joins Hands with MakerDAO to Custody Its Treasury of USD Coin (USDC)
By Bhushan Akolkar
October 25th, 2022
Coinbase’s institutional-grade service will allow MakerDAO to earn up to 1.5% of the rewards of the funds.
How US Treasuries Will Be Used by Maker for Buying Ethereum and Boosting DAI
By John K. Kumi
October 24th, 2022
Maker has made several efforts to go fully decentralized with the project founder Rune Christensen removing ties to centralized assets in an operation dubbed the “ENDGAME”.
Coinbase Moves to Boost USDC Adoption, Removes Commission Fees
By Mayowa Adebajo
October 21st, 2022
Coinbase wants to accelerate the adoption of USDC internationally, by establishing global parity for all users.
Mango Markets Is Looking to Pay Back Victims of $114M Hack
By Bhushan Akolkar
October 18th, 2022
Mango Markets will take a snapshot of the funds held by the victims one hour before the hack and repay them in the same proportion.
Mango Markets Exploiter Returns $67M of Drained Funds, Defends ‘Exploit’ as ‘Legal’
By Tolu Ajiboye
October 17th, 2022
Avraham Eisenberg, who recently revealed himself as the Mango Markets exploiter, calls his strategy a “highly profitable” trading one.
Former Celsius CEO Alex Mashinksy Cashes Out $960k Worth of CEL, USDC
By Godfrey Benjamin
October 11th, 2022
Notably, Alex Mashinky and other executives were revealed to have withdrawn as much as $27 million in two tranches just before the firm declared its bankruptcy.
Top Celsius Execs Withdraw $56M in Crypto before Bankruptcy
By Kofi Ansah
October 6th, 2022
Mashinsky withdrew about $10 million in cryptocurrency in May 2022 while Leon cashed out about $7 million between May 27 and May 3.
Circle Adds USDC Stablecoin to Five New Blockchains, Launches Cross-Chain Transfer Protocol
By Tolu Ajiboye
September 29th, 2022
In a bid to cement its place as a stablecoin market leader, Circle has decided to introduce USDC to five new blockchains.