Tag Archives: usdc

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

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...

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

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

CoinspeakerDCF 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. DCF Announces Passage of Proposal for Better Liquidity and Efficiency in Cosmos Network

CoinspeakerBybit Returns 2% to Bybit Card Users via Cashback Campaign Bybit has announced a 2% cashback in USDT for all users, who spend crypto or fiat using the exchange's Bybit card. Bybit Returns 2% to Bybit Card Users via Cashback Campaign

CoinspeakerStarknet Foundation Unveils $5M Seed Grant Program for Ecosystem Growth The seed grant program will focus on projects associated with Starknet that have already reached the MVP or proof-of-concept stage. Starknet Foundation Unveils $5M Seed Grant Program for Ecosystem Growth

The stablecoin sector is not a stranger to controversies, but a recent study questions whether these assets are being widely used as claimed. According to the report, a new metric developed by American multinational payment giant Visa indicates that over 90% of stablecoin transactions aren’t made by genuine users, suggesting that these cryptocurrencies are far from being widely adopted for payments. Only 10% of Stablecoin Transactions Organic Visa, along with Allium Labs, has...

CoinspeakerTether Steps Up Monitoring of Token Usage to Combat Illicit Finance This collaboration with Chainalysis provides Tether with advanced tools to detect transactions involving sanctioned e­ntities and track the activities of major token holde­rs. Tether Steps Up Monitoring of Token Usage to Combat Illicit Finance

CoinspeakerDeFi Lending Platform Aave Reveals V4 Protocol Upgrade Plans With all the upgrades that the proposal suggests, a notable part focused on growing the protocol's algorithmic stablecoin GHO. DeFi Lending Platform Aave Reveals V4 Protocol Upgrade Plans