November 5th, 2025
USDC News - Page 7
Bybit CEO Denies Insolvency Rumors, Confirms Healthy Balance Sheet
By Chimamanda U. Martha
May 23rd, 2024
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
By Temitope Olatunji
May 20th, 2024
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
By Mayowa Adebajo
May 17th, 2024
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
By Kseniia Klichova
May 16th, 2024
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
May 16th, 2024
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
By Mayowa Adebajo
May 15th, 2024
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
By Godfrey Benjamin
May 15th, 2024
The incident happened on May 14, around 10:30 pm UTC, and was detected by Web 3.0 security firm Cyvers.
Cypher Protocol Developer Confesses to Gambling $300K of User Funds
By Bhushan Akolkar
May 15th, 2024
Cypher Protocol core contributor shared on-chain data showing how Hoak transferred $317,000 worth of Solana, USDT, and USDC, to his addresses on Binance.
Stablecoin Issuer Circle to Relocate Legal Headquarters from Ireland to US
By Tolu Ajiboye
May 15th, 2024
Even though a move to the US may cause Circle to incur more taxes, the company has confirmed to move, leaving Ireland.
Binance Launches USDC Flexible Products, Offering Users Up to 8% APR Rewards
By Steve Muchoki
May 13th, 2024
Binance announced a promotional campaign for its USDC simple earn flexible products, which ends on June 30, 2024.
XREX Singapore Secures MPI Licence from MAS for Cross-Border Solutions
By Bena Ilyas
May 13th, 2024
XREX Singapore introduces XREX Pay, offering businesses cross-border B2B payments and money transfer solutions. The platform will support traditional currencies like the Singapore Dollar (SGD) and US Dollar (USD) as well as stablecoins like Tether (USDT) and USD Coin (USDC).
Starknet Foundation Unveils $5M Seed Grant Program for Ecosystem Growth
By Chimamanda U. Martha
May 7th, 2024
The seed grant program will focus on projects associated with Starknet that have already reached the MVP or proof-of-concept stage.
US Government Now Holds $13.82B Worth of Bitcoin
By Chimamanda U. Martha
May 7th, 2024
Although the US government holds a significant amount of Bitcoin, it has periodically sold portions of its crypto holdings.
Over 90% of Stablecoin Transactions Are Non-Organic
By Bena Ilyas
May 6th, 2024
Visa’s metric filters out bot-driven and high-volume trader transactions, revealing that only $149 billion of $2.2 trillion in stablecoin transactions were from genuine user activity.
Tether Steps Up Monitoring of Token Usage to Combat Illicit Finance
By Bena Ilyas
May 3rd, 2024
This collaboration with Chainalysis provides Tether with advanced tools to detect transactions involving sanctioned entities and track the activities of major token holders.