September 16th, 2025
USDC News - Page 19
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Notably, Alex Mashinky and other executives were revealed to have withdrawn as much as $27 million in two tranches just before the firm declared its bankruptcy.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.
Robinhood Taps USDC Issuer Circle to List Its First Stablecoin
By Mayowa Adebajo
September 29th, 2022
Robinhood’s partnership with USDC comes at a time that stablecoins are subject to criticisms and intensified scrutiny.
Payments Company Stripe Announces Deal with Braintrust for Freelancer USDC Payouts
By Mercy Tukiya Mutanya
September 23rd, 2022
Freelancers with Braintrust will now be able to receive payments in their crypto wallets in a matter of minutes.
Celsius Network Reportedly Turning Debt into Crypto IOU Tokens
By Tolu Ajiboye
September 23rd, 2022
A leaked audio file suggests that Celsius Network is resorting to crypto IOU tokens as a way to pay back customers.
Circle Partners with FV Bank for USDC Deposits
By Mercy Tukiya Mutanya
September 22nd, 2022
FV bank integrates traditional banking with digital asset custody services and has products ranging from depository accounts and payment services to digital asset custody.
WazirX Announce USDC Delisting, Auto-Converting to BUSD
By Mercy Tukiya Mutanya
September 20th, 2022
This delisting comes two weeks after global crypto exchange Binance announced its plans to delist USDC.
Algorand Foundation Reveals $35M Exposure to Embattled Crypto Lender Hodlnaut, Commits to Maximally Recovering Its Assets
By Tolu Ajiboye
September 12th, 2022
Following recent Hodlnaut credit woes, the Algorand Foundation says 3% of its assets are tied up with the Singaporean-based crypto lender.
Circle CEO Not Concerned of Binance’s USDC Exit, Calls It Good Thing
By Bhushan Akolkar
September 7th, 2022
Circle CEO Jeremy Allaire said that Binance’s forced conversion will “likely lead to more USDC flowing to Binance”.
Binance to Discontinue Support for Rival Stablecoins Such as USDC, USDP, TUSD
By Bhushan Akolkar
September 6th, 2022
Soon after Binance’s announcement, BUSD’s daily trading volumes by more than 56% to over $6.5 billion.
Tether Continues to Support Tornado Cash Addresses Despite US Sanctions
By Bhushan Akolkar
August 25th, 2022
Tether said that they haven’t received any specific request from law enforcement for freezing the addresses. The USDT issuer said that they refrain from unilaterally freezing secondary market addresses.
Tether (USDT) Sees Market Cap Rise by $2B amid Tornado Cash Sanctions
By Mayowa Adebajo
August 17th, 2022
The market capitalization of Tether (USDT) is finally on the uptrend after nearly three months in an opposite direction.
dYdX Blocks Accounts Associated with Tornado Cash in Compliance with OFAC Sanctions
By Ibukun Ogundare
August 12th, 2022
dYdX explained that the sudden influx of flags affected many account holders that do not have directly engaged with Tornado Cash.