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Circle, the blockchain company which issues USDC, announced full support to the upcoming Ethereum Merge. The company said it was looking forward to the reduced energy consumption profile of the network.
Shapeshift CEO and founder Erik Voorhees recommended the MakerDAO community take precautionary measures after the United States Treasury sanctioned Tornado Cash. The post Erik Voorhees urges MakerDAO community to exit USDC positions after Tornado Cash sanctions appeared first on CryptoSlate.
The USD Coin (USDC) issuer has frozen USDC funds in Ethereum wallet addresses held by sanctioned crypto mixer Tornado Cash. The post Circle freezes USDC funds in Tornado Cash's US Treasury-sanctioned wallets appeared first on The Block.
Circle's USDC has “blacklisted” all Ethereum addresses owned by Tornado Cash listed in the US Treasury Department's sanction against the protocol. The post Circle ‘blacklists' all Tornado Cash ETH addresses effectively freezing USDC appeared first on CryptoSlate.
The protocol was at the center of some recent hacks and exploits in decentralized finance, including a $375-million attack in February and a $100-million hack in June.
Citizens of Chile, home to one of Latin America's most stable economies over the last several decades, are turning to stablecoins to weather a potential economic slump. According to a report by CoinDesk, Chileans are using popular stablecoins as protection against inflation that is threatening the country and contributing to a global trend.
Top 5 cryptocurrencies of August 2022 to watch for is a list of the hottest ones to keep on eye on for this month. Starting out in crypto investing can be hard.
While the cryptocurrencies are gaining mainstream attention, so does centralized stablecoins like Tether (USDT) and USD Coin (USDC). Now, Vitalik Buterin, Ethereum co-founder, claims that these centralized stablecoins are on the verge of becoming decision makers in the near future, hard forks that are always on dispute.
Centralized USDC to decide the future of ETH hard forks says Vitalik Buterin, while speaking at the BUIDL Asia conference in Korea. A centralized stablecoin like Tether (USDT) or Circle USD (USDC), according to Ethereum co-founder Vitalik Buterin, “could become a significant decider in future contentious hard forks.
Coinspeaker Vitalik Buterin Says Centralized USDC Will Tilt Balance in Future ETH Hard Forks
Speaking at the BUIDL Asia event in Korea, Vitalik Buterin said that centralized stablecoins like USDC & USDT will become significant deciders in future hard forks.
The circulating supply of Tether [USDT] and USD Coin [USDC] has seen a dramatic decrease since May 2022.
USD Coin from Circle, a technology company that develops peer-to-peer payments, is improving its positions as a leading stablecoin. Its market cap rose from $40 billion at the beginning of 2022 to almost $55 billion at the end of July.
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More than 5,000 wallets are reportedly affected, and Solana's price plunged within hours.
Banfield, a soccer team based in Buenos Aires, has sold one of its top players to Brazil's giant team, Sao Paulo.
The first cryptocurrency transfer in Argentina's soccer history upset the country's central bank, which banned Banfield from operating the MULC for the next 90 days.
SMARTLend is a hybrid ROI DApp project that is built on the Binance Smart Chain Network. The developers behind the project chose the Binance Smart Chain network for its larger audience, cheaper transaction fee and matured investors.
Embily has added TRX for USDC stablecoin to its list of supported networks.Tallinn, Estonia, July 29, 2022 (GLOBE NEWSWIRE) -- Embily has added TRX for USDC stablecoin to its list of supported networks.
Stablecoins have become a major part of the cryptocurrency space over time, with Tether USD (USDT) and USD Coin (USDC) now being the two leading stablecoins by market capitalization. While both are fully collateralized stablecoins, their underlying business models and infrastructure differ.
The news was hailed as a historic event for South American football, but it could bring unexpected consequences for Argentinian club Banfield, amid local FX restrictions. This piece is part of CoinDesk's Sports Week.
Whales have a significant and widespread impact on the bitcoin market.
The implosion of Terra's stablecoin in May renewed a debate in crypto that continues to resurface.
The second biggest stablecoin by market cap, USDC, is expected to overtake USDT, according to analysts at Arcane Research. The post Research: USDC on track to flip USDT by Q3 to become leading stablecoin appeared first on CryptoSlate.
