152 stories tagged #USDC

  1. Circle Raises $222M from BlackRock and Wall Street Giants for Arc Blockchain
    crypto

    Circle 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.

    3w ago 1 min read
  2. Whitehat Returns $190K to Renegade Hours After Dark Pool Exploit
    crypto

    Whitehat 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.

    3w ago 1 min read
  3. DeFi Goes Mainstream in Latin America: Fintech Firms Bridge the Gap
    crypto

    DeFi 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.

    3w ago 1 min read
  4. Bank of England's Bailey Warns US Stablecoins Could Destabilize UK in Crisis
    crypto

    Bank 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.

    3w ago 1 min read
  5. Senator Warren Demands Meta Reveal Stablecoin Plans Ahead of Crypto Vote
    crypto

    Senator 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.

    3w ago 1 min read
  6. Coinbase Faces Wall Street Divide After Earnings Miss, Analysts Eye Legislation and Stablecoins
    finance

    Coinbase 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.

    3w ago 1 min read
  7. Coinbase Shares Plummet on $394 Million Q1 Loss, Workforce Reduction
    crypto

    Coinbase 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.

    3w ago 1 min read
  8. Coinbase Posts $394M Loss as Crypto Trading Slows
    finance

    Coinbase 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.

    3w ago 1 min read