The MiCA regulation has created an increased demand for compliant stablecoin, with Circle’s USDC emerging as a primary beneficiary of the trend. In fact, USDC is leading the demand for regulated stablecoins, according to French blockchain analytics firm Kaiko. Increased Demand For USDC After MiCA In its latest report, Kaiko revealed that non-compliant stablecoins account for 88% of the total stablecoin volume, at present. But Europe’s Markets in Crypto-Assets Regulation...
Read More »Bank of Italy to Issue New Guidelines for Crypto Regulation in Preparation for MiCA
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Read More »Number of Bitcoin Wallets Holding 10+ Coins Hits All-Time High
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Read More »Kraken Co-founder Jesse Powell Donates $1M in Crypto to Trump’s Campaign
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Read More »Bullish? USDC Stablecoin Hits One-Year High in Net Inflows on Crypto Exchanges
Stablecoins have witnessed significant growth this year. Among them, USDT remains a leader, but other ones, such as Circle-backed USDC, are also seeing considerable activity. As such, USDC’s recent deposits to centralized crypto exchanges could signal investors buying the dip amidst several market corrections in recent weeks. USDC Deposits Surge According to IntoTheBlock’s Head of Research, Lucan Outumuro’s latest findings, USDC’s net inflow into centralized crypto exchanges...
Read More »Maple Finance Launches Syrup to Kickstart New Era in Institutional Lending
CoinspeakerMaple Finance Launches Syrup to Kickstart New Era in Institutional Lending Maple Finance also introduced the Syrup (SYRUP) token, which allows holders to stake in and participate in the ecosystem. Maple Finance Launches Syrup to Kickstart New Era in Institutional Lending
Read More »Donald Trump Amasses $14M in Crypto after Legal Battle
CoinspeakerDonald Trump Amasses $14M in Crypto after Legal Battle Apart from the just-concluded case, Trump faces additional legal battles before the upcoming November presidential election. Donald Trump Amasses $14M in Crypto after Legal Battle
Read More »PayPal’s PYUSD Stablecoin Deploys Solana Because of High Throughput and Low Fees
Nearly a year after launching on Ethereum, PayPal’s stablecoin PYUSD is being introduced on the Solana blockchain. This move will enable users to choose between multiple blockchain networks, providing greater flexibility and control over their transactions and holdings. PayPal Brings PYUSD to Solana According to the official announcement, PayPal highlighted Solana’s ability to handle a massive volume of transactions at high speeds and extremely low costs as a key driver...
Read More »Crypto Investor Loses Over $100K in Phishing Scam, Raising Alarm on Cybersecurity
CoinspeakerCrypto 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. Crypto Investor Loses Over $100K in Phishing Scam, Raising Alarm on Cybersecurity
Read More »Synthetix’s sUSD Stablecoin Loses Its Dollar Peg amid Heavy Sell-Off
CoinspeakerSynthetix’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. Synthetix’s sUSD Stablecoin Loses Its Dollar Peg amid Heavy Sell-Off
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