Infini Suffers $49M Exploit in Stablecoin Heist
Stablecoin Bank Infini has suffered a security breach that resulted in the theft of over $49 million in USDC. On-chain tracking platforms identified that the attack happened due to an…
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Binance Pay Transactions Hit $72.4 Billion as Crypto Adoption Accelerates
The use of cryptocurrency for payments has seen significant growth, as evidenced by Binance Pay’s expanding user base and transaction volume in 2024. According to data provided by Binance and…
Bitcoin’s Next Rally Around the Corner as Stablecoin Liquidity Expands: CryptoQuant
Historical data has shown that growing stablecoin liquidity is associated with sustained gains in the crypto market. This means that bitcoin’s next rally could be around the corner because stablecoin…
Solana Stablecoin Market Cap Surpasses $10B Milestone
Solana, the second-largest blockchain by Total Value Locked (TVL), has seen its ecosystem grow exponentially, driven by a rapid increase in the market value of its stablecoins. Data from the…
Circle CEO Expects President Trump to Issue Executive Orders Allowing Banks to Trade and Hold Crypto
The growing adoption of crypto in the U.S. can be accelerated through executive orders permitting banks to trade and hold cryptocurrency. Circle CEO Wants Executive Orders for Broader Access to…
USDC Circulation Grew 78% in 2024: Report
USDC issuer Circle has reported that the stablecoin’s circulation increased by 78% in 2024. The uptick made USDC the fastest-growing fiat-pegged crypto asset by market capitalization in the last 12…
Nubank Expands USDC Rewards Program to All Customers
Nubank, the largest Latam neobank, has announced the expansion of its USDC rewards program to all customers. This expansion follows a phased rollout announced in May, which opened access to…
Circle Reports $18 Trillion in Lifetime USDC Transactions
The adoption and use of USDC, a widely used stablecoin issued by Circle, saw substantial growth in 2024, as highlighted in the company’s latest report. USDC Economy Sees Rapid Growth…
Revenue-Sharing Stablecoins Poised for 10x Growth by 2025, Predicts Delphi Digital
Stablecoins have experienced tremendous growth last year. Their collective market cap recently hit a milestone of $200 billion. Beyond the popular ones such as Tether’s USDT and Circle’s USDC, industry…
USDC Supply Surges 80% from 2023 Lows: Circulation Grows Across Solana, Ethereum Layer 2s
Circle’s USDC has experienced a significant resurgence as its total circulating supply surged by 80% from its 2023 lows. As revealed by Blockwork’s data analytics manager Dan Smith, the stablecoin’s…
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