Binance Integrates USDC on Polygon to Boost Interoperability
The integration will provide the exchange's users with stablecoin options for faster and more efficient transactions.
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The integration will provide the exchange's users with stablecoin options for faster and more efficient transactions.
It was launched on the crypto markets at the end of July at a price of around $2. The very day it was launched, it reached its current all-time high of $3.5, but the next day it was back down to $2.
Binance is offering support for USDC on Polygon, the native network for US dollar-based stablecoin issued by Circle Internet Financial (Circle). The exchange will announce the opening deposits and withdrawals on a separate date.
Binance, a key player in the cryptocurrency exchange realm, has taken a significant step by integrating the Polygon network's native USD Coin (USDC) into its system. This move marks the exchange's growing commitment to enhancing the trading experience by diversifying its offerings.
Worldcoin Orbs operators will start receiving rewards in WLD as the project phases out USDC gradually.
The controversial biometrics project Worldcoin is transitioning to paying out rewards to its operators solely in its native WLD token rather than stablecoins like USDC. The move aims to boost WLD distribution but has also impacted its price.
Worldcoin is transitioning its payment method for Orb Operators from USD Coin to its native Worldcoin token as part of a development phase.
The Worldcoin Foundation will phase out USDC rewards in favor of Worldcoin (WLD) token rewards for its Orb operators by early November. The move completes a transition phase for Worldcoin operators that started on Oct. 10, 2023.
Worldcoin will reward Orb operators exclusively in its native WLD token, replacing the USD Coin (USDC) stablecoin, starting in November. On Oct. 22, the Worldcoin Foundation clarified that the USDC rewards were distributed “during a transitional phase” of their project.
The Worldcoin Foundation team plans to pay Orb operators in the native tokens of the crypto project, WLD, and not in the USDC stablecoin. Information about this appeared on the company's blog.
The Worldcoin Foundation is undergoing substantial changes, shifting its approach to compensate Orb Operators using the native WLD token, replacing USDC. This transition, scheduled for completion next month, represents a pivotal development within their ecosystem.
Binance, one of the world's leading cryptocurrency exchanges, has announced its plans to support the native USD Coin (USDC) on the Polygon Proof of Stake (PoS) network, which is issued by Circle. Users can expect deposits and withdrawals to become available soon, and any updates will be communicated separately.
In a pivotal move, the Worldcoin Foundation, the driving force behind the controversial Worldcoin project, has announced a significant change in how it compensates Orb Operators. The Worldcoin Orb Operators are the people responsible for scanning people's irises, using custom imaging devices called Orbs, for network access.
Aside from ditching USDC for its native token, Worldcoin announced some changes to the terms of its WLD loans to market makers.
The Worldcoin Foundation also announced changes to its deals with market makers, which may affect the WLD token's circulating supply.
Friend.tech bug bounty initiative follows a similar move by blockchain security platform Immunefi, which launched an on-chain system called "Vaults" for bug bounty payouts.
In recent developments within the world of cryptocurrency, Kanro, a health initiative closely connected to Ethereum co-founder Vitalik Buterin, has been making significant USDC transfers for a noble cause. These transfers are aimed at advancing research efforts related to the ongoing COVID-19 pandemic, but the exact reasons behind these transactions have remained shrouded in mystery.
In a recent intriguing turn of events, blockchain enthusiasts have honed in on a substantial transaction originating from the wallet linked to Ethereum co-founder, Vitalik Buterin. The prominent blockchain figure transferred an impressive $14.9 million worth of USD Coin (USDC) to the renowned cryptocurrency exchange, Gemini.
Ethereum co-founder Vitalik Buterin has reportedly transferred $14.93 million worth of USD Coin (USDC) to the cryptocurrency exchange Gemini. The transaction was detected by blockchain analytics firm PeckShield and independently verified.
Co-founder of Ethereum (ETH) Vitalik Buterin transferred USD Coin (USDC) worth $14.9 million to the Gemini exchange, according to PeckShield. Blockchain detectives discovered a new transaction from a wallet associated with Buterin.
Ethereum co-founder Vithalik Buterin has been found to send USDC worth above $ 15 million to Gemini, a cryptocurrency exchange. The purpose is unknown, and the transaction was not self-published but discovered and declared on X by a blockchain-analyst firm.
Ethereum co-founder Vitalik Buterin is actively moving substantial crypto assets, with several recent transactions drawing attention. On October 16, his wallet “Vitalik.eth” transferred 14.93 million in USD Coin (USDC) to the US exchange Gemini.
In a surprising turn of events, Ethereum founder Vitalik Buterin has made significant moves on the crypto market, depositing millions of USDC into major exchanges, sparking speculation about his strategic intentions.
Vitalik Buterin, the co-founder of Ethereum, recently made a substantial transfer of USD Coin (USDC) to Gemini, one of the leading crypto exchanges in the US. According to PeckShield, a blockchain analyst company, report on Oct. 17, Buterin's wallet named “Vitalik.eth” sent 14.93 million worth of USDC to Gemini on Oct. 16.