USDC
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cryptoCircle Raises $222M from BlackRock and Wall Street Giants for Arc Blockchain
Circle closes $222M token presale for its new Arc blockchain, backed by BlackRock and Andreessen Horowitz, as USDC overtakes Tether in transaction volume.
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cryptoWhitehat Returns $190K to Renegade Hours After Dark Pool Exploit
A whitehat hacker returned about $190,000 to Renegade.fi after exploiting its Arbitrum-based dark pool, complying with an onchain message to return 90% of funds.
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cryptoDeFi Goes Mainstream in Latin America: Fintech Firms Bridge the Gap
Decentralized finance (DeFi) is gaining traction in Latin America as local fintech companies build user-friendly interfaces, enabling broader access to global lending and savings products.
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cryptoBank of England's Bailey Warns US Stablecoins Could Destabilize UK in Crisis
BoE Governor Andrew Bailey cautions that US-issued stablecoins with weak redemption guarantees could flood the UK during financial turmoil, posing systemic risks.
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cryptoSenator Warren Demands Meta Reveal Stablecoin Plans Ahead of Crypto Vote
Sen. Elizabeth Warren is pressuring Meta to disclose its stablecoin strategy before the Senate votes on the Clarity Act, citing concerns over competition, privacy, and financial stability.
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financeCoinbase Faces Wall Street Divide After Earnings Miss, Analysts Eye Legislation and Stablecoins
Coinbase missed earnings estimates, but analysts are split on whether legislative catalysts and new products like stablecoins and prediction markets can fuel a turnaround.
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cryptoCoinbase Shares Plummet on $394 Million Q1 Loss, Workforce Reduction
Coinbase reports a $394 million Q1 loss, missing revenue estimates amid a crypto downturn and announcing a 14% workforce cut.
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financeCoinbase Posts $394M Loss as Crypto Trading Slows
Coinbase reports a $394 million Q1 loss as trading activity falls, with revenue dropping to $1.4 billion from $2.03 billion a year ago.