Cryptocurrency market bounce aligns with stablecoin market cap growth, signaling increased industry inflows. Recent plateau suggests stagnant sentiment. Future stablecoin trends may offer insights into broader market direction.
Huang BoCyvers detected a coordinated attack on Sonne Finance and BlockTower Capital, resulting in substantial losses. Sonne's Optimism Market was suspended after a theft of $20 million, while BlockTower suffered partial fund drainage. The incident highlights the ongoing threat to DeFi security.
Huang BoBesides raising red flags on the stability of the stablecoin market, Deutsche Bank's research analysts expressed particular concern about Tether's prominent position in the stablecoin market, highlighting issues such as speculation and a perceived lack of transparency.
KikyoFollowing convictions for wire fraud, commodities fraud, and commodities manipulation, he could potentially face a maximum sentence of 20 years in prison.
CatherineDespite implementing security upgrades following a previous breach, FixedFloat emphasises that user funds remain secure and unaffected.
CatherineBinance discontinues TRC-20 USDC support, prompting users to convert holdings. Circle and Tron remain silent on the matter. USDT surpasses $100B market cap amid concerns over asset backing and regulatory scrutiny.
EdmundRagnarok Landverse and Ultraman are teaming up to offer players thrilling quests and adventures in the popular MMORPG. With exclusive costumes and event-exclusive dungeons, players can immerse themselves in the action from February 26 to March 24.
JoyCircle has decided to stop supporting USDC on the TRON blockchain due to risk management concerns, possibly influenced by allegations of TRON's involvement in terrorism financing. Despite this, TRON's cryptocurrency, TRX, continues to perform well in the market.
MiyukiVisa and Transak's collaboration facilitates seamless crypto-to-fiat conversions directly to Visa debit cards, offering users in 145 countries a faster and more accessible experience. This move signifies a substantial step towards mainstream acceptance and utilization of cryptocurrencies, enhancing the global reach of digital assets.
JoyThe timing of Circle's IPO hinges on the completion of the review process by the Securities and Exchange Commission, coupled with prevailing market conditions.
AlexGalaxy, DWS, and Flow Traders aim to disrupt the digital finance landscape with the introduction of AllUnity. Their collaborative effort, set against the backdrop of European regulatory advancements, seeks to bridge the gap between traditional and digital finance ecosystems.
EdmundBinance has formalised agreements with new fiat partners for EUR payments, deposits, and withdrawals but the new service providers involved in this collaboration were not disclosed.
KikyoThe primary function of the Frax Protocol is to maintain the FRAX price at $1.000 by using AMO contracts, real-world assets (RWAs), and governance actions facilitated by frxGov, leveraging USD oracles as a reference.
DavinIn the initial tweet, Binance's customer service communicated a temporary suspension of Euro withdrawals and deposits through SEPA.
Brian
Coinlive The main idea is in LLAMMA: replacing liquidations with a special-purpose AMM.
PoTDAO @0xJamesXXXDemand for stablecoins continues to rise as businesses look to on-chain liquidity to improve their operations.
CointelegraphThe U.S. company Circle is launching a regulated stablecoin that is pegged to the euro, but what does this mean for the eurozone?
CointelegraphJonas Gross spoke with Cointelegraph about the digital euro’s risks for private banks and the goals of the ECB.
CointelegraphAlthough USDC is the second largest Stablecoin, it is the most used on-chain Stablecoin in the Crypto space.
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