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Onchain data reveals that Ethereum co-founder Vitalik Buterin recently shifted 800 ether, valued at just over $2 million, from a well-known address. After the initial transfer, 190 ether was reportedly exchanged for 477,000 USDC. Vitalik Buterin Moves 800 Ether to Multisig Wallet, Sparks Social Media Interest On Aug. 30, 2024, the X account Lookonchain shared … Read more
Bridge seeks to build a global stablecoin payment network to rival traditional systems like Swift and credit cards. Go to Source
Coinbase CEO Brian Armstrong reflects on the past decade of the cryptocurrency industry, highlighting his initial expectation that payments would be the primary application for crypto. Instead, trading became the dominant force. Looking ahead, Armstrong remains optimistic about the future of crypto payments, citing advancements in stablecoins, layer two technologies, and simpler onboarding processes as … Read more
Developers on the new blockchain will have a chance to receive investment and other forms of support from a wide range of Web3 firms. Go to Source
Blockchain security firm Asymmetric Research privately disclosed the vulnerability to Circle, which has since been addressed. Go to Source
PYUSD competes with rivals such as Circle’s USDC and Tether’s USDT. Go to Source
The stablecoin market has been picking up speed lately, and between Aug. 9 and Aug. 18, 2024, it expanded by $2.21 billion. During this period, Tether’s supply ballooned by an additional 1.26 billion USDT. Stablecoin Boom: $2.21B Growth Driven by Tether and PYUSD Between Aug. 9 and Aug. 18, 2024, the stablecoin economy expanded by … Read more
As Hong Kong looks into creating HKD and USD stablecoins, a local industry executive has addressed possible implications for stablecoins like UDST and USDC. Go to Source
More than $2.5 billion has been issued by Tether and Circle over the past week, and 10x Research believes continued momentum could spark a Bitcoin rally. Go to Source
Crypto exchange Binance has announced the conversion of several delisted tokens into stablecoin USDC. Users are advised to withdraw affected crypto tokens by Sept. 1, as they will no longer be accessible afterward. After this date, withdrawals of the delisted tokens will no longer be supported, and users will not be able to transfer them … Read more