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news-imageOctober 27, 2023

dYdX launches Layer 1 chain with USDC as sole form of fee distribution using Cosmos SDK

The dYdX Foundation has launched the dYdX Chain mainnet, a significant development that enhances the utility of the DYDX token in the realms of staking, security, and governance. This proof-of-stake network, built using the Cosmos SDK, positions DYDX as its Layer 1 token, further cementing its role in the dYdX Chain.
Publisher: CryptoSlate
Sentiment: Positive
ATOM
DYDX

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Positive
cover-imageThe Currency Analytics
November 22, 2024

Cosmos (ATOM) Surges Above Key Levels: What Traders Need to Know

Cosmos (ATOM) has experienced a remarkable surge, rising by nearly 65%. This upward movement has brought the altcoin above significant technical levels, including the critical 200-day Exponential Moving Average (EMA), which is often seen as a key indicator of long-term trend reversals.

Positive
cover-imageCrypto Economy
November 21, 2024

Aptos Integrates Circle's USDC and Multi-Chain Transfers for Global Payments

TL;DR Aptos integrates native USDC and Circle's CCTP protocol, improving interoperability and security in transactions across eight major blockchains. The native version of USDC replaces the bridged USDC, simplifying settlement and increasing transaction security. Stripe will offer fiat-to-USDC conversion services, connecting traditional finance with Aptos' blockchain ecosystem.

Positive
cover-imageAltcoin Buzz
November 21, 2024

Coinbase Wallet Lets You Earn 4.7% APY on USDC

USDC is a type of cryptocurrency that is linked to the U.S. dollar, meaning it keeps its value steady. For the first time, Coinbase Wallet users can earn 4.7% APY (Annual Percentage Yield) simply by holding USDC in their wallet.

Positive
cover-imageCrypto Briefing
November 20, 2024

Coinbase Wallet launches USDC rewards with 4.7% APY

Coinbase Wallet's USDC rewards program could enhance global crypto adoption by offering competitive yields and seamless cross-border transactions. The post Coinbase Wallet launches USDC rewards with 4.7% APY appeared first on Crypto Briefing.

Positive
cover-imageCoingape
November 14, 2024

Exploring dYdX Unlimited's Potential Impact on the Decentralized Trading Market

Popular decentralized exchange (DEX) dYdX — currently offering perpetual trading options for over 35 popular cryptocurrencies — is set to unveil its most ambitious upgrade yet. Labeled ‘dYdX Unlimited,' the update will feature a number of comprehensive enhancements that promise to offer traders increased flexibility while simultaneously providing them with new passive income streams.

Positive
cover-imageAltcoin Buzz
November 12, 2024

Now You Can Get a UAE Golden Visa With USDC

While many places are dealing with conflict and polarization, the UAE is thriving, attracting top talent from all over the globe. People from finance, tech, media, culinary arts, and more call the UAE home – and now, you can join them with the help of your crypto.

Positive
cover-imageZycrypto
November 10, 2024

Dogecoin Spikes 78% This Week, Flips Ripple's XRP, USDC To Become Top-6 Crypto Amid Elon Musk Hype

The leading canine-themed cryptocurrency, Dogecoin (DOGE), today overtook Ripple-promoted XRP and Circle's USDC stablecoin to become the sixth-most valuable crypto in the world. DOGE's upsurge is fueled by positive sentiment around the crypto's endorsement by tech billionaire Elon Musk following Donald Trump's landslide win in the U.S. Presidential elections.

Neutral
cover-imageThe Currency Analytics
November 5, 2024

Whale “zxgngl” Bets $3.1M USDC on Trump, Total Stake Reaches $17M USDC

A well-known Polymarket trader under the name “zxgngl” has withdrawn an additional $3.1 million USDC to increase his bet on Donald Trump winning the upcoming U.S. elections. This latest wager brings the trader's total withdrawals to an eye-popping $17.3 million USDC since October 11, further cementing his commitment to a Trump victory.

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