Circle’s USDC Will Soon Be Available to US Banks

The stablecoin issuer has struck a partnership with a Florida-based fintech firm to make USDC available to traditional financial institutions. U.S. Banks Will Gain Access to Circle’s USDC via New Integration Circle (NYSE: CRCL) has agreed to integrate its flagship stablecoin USDC with a traditional payment platform dubbed “Money Movement Hub” run by a Florida-based … Read more

Redstone Debuts Oracle for Instant DeFi Liquidations and MEV Capture   

Redstone has launched Atom, an oracle designed to enable real-time liquidations and capture miner-extractable value (MEV) for decentralized finance (DeFi) lending protocols. Redstone Debuts MEV-Capturing Oracle for Lending Protocols The system, Redstone said, addresses delays in traditional “push” oracles, which update prices at fixed intervals or after predefined deviations. During market volatility, these delays cause … Read more

21,021 Bitcoin Added to Strategy’s Treasury Following IPO

Strategy (Nasdaq: MSTR/STRK/STRF/STRD) closed its initial public offering (IPO) of 28,011,111 shares of Variable Rate Series A Perpetual Stretch Preferred Stock (“STRC”) at $90 per share, raising approximately $2.521 billion. Estimated net proceeds totaled $2.474 billion after underwriting costs and expenses. The company used the net proceeds to acquire 21,021 bitcoins at an average price … Read more

Monero Under Pressure: Qubic’s Dual‑Mining Model Tests Community’s Nerves

Monero’s privacy‑centric blockchain is bracing for what could be the first true economic 51% attack as rival project Qubic lines up enough hashpower to test network control from Aug.  2 to Aug.  31, next week. From Idle CPUs to Potential 51% Chaos Founded in 2014, the Monero network hides senders, recipients, and amounts through cryptography … Read more