USDC

Decentralized e-commerce marketplace Pushd (PUSHD) has been gaining traction as it enters stage 6 of its presale launch, where tens of thousands of participants are taking out early positions in the provider with tokens available at a discounted price of just $0.125 each.  Market analysts forecast that Pushd (PUSHD) could potentially bring in a 100x return on investment, drawing Cardano (ADA) and USD Coin (USDC) holders to its highly awaited presale launch. Cardano (ADA) In the Accumulation Phase? Cardano (ADA)…

The cryptocurrency industry is witnessing an increase in interest in novel initiatives. One of which is Kelexo (KLXO), a blockchain-based lending platform that is in Stage 2 of its presale. Investors from many established cryptocurrencies are already pointing out this lending innovation that will likely outperform many prospects within crypto investments.  As investors rush to capitalize on emerging opportunities, there comes an emerging hope within the space of DeFi lending with the hope of 50x earnings. This anticipation has been…

On-chain data shows Coinbase has just witnessed its largest USD Coin (USDC) inflow. Here’s why this may be relevant for Bitcoin. Coinbase Has Just Seen A $1.4 Billion USDC Inflow As pointed out by analyst Maartunn in a post on X, a large amount of USDC has flowed into Coinbase during the past day. The on-chain indicator of interest here is the “exchange inflow,” which keeps track of the total amount of a given asset entering into the wallets associated…

Bitcoin has been trading around $70,000 after a major retracement that dragged the leading crypto asset below $63,000 briefly. Despite a few flat trading sessions, data reveals that a pump could be in the offing that could further trigger a new wave of buying pressure. CryptoQuant’s latest analysis reveals a remarkable surge in USDC deposits, surpassing $1.4 billion on Coinbase. $1.4 Billion USDC Inflow Stablecoins serve as a bridge between traditional finance and the digital assets market, facilitating seamless transactions.…

Since the turn of the year, Hedera has recorded a 146% growth in DeFi total value locked (TVL), with SaucerSwap leading the push following the launch of its V2 protocol last November. Meanwhile, HBAR price has shot up from $0.085 at the start of the year to $0.116 at press time, and with DeFi and USDC integration on Hedera thriving, the token is set for bigger gains this year. It has been a year in which crypto ecosystems have thrived,…

Binance has announced that its customers have until April 5 to transfer their USDC coins from Tron’s TRC20 to other supported versions. The Tron ecosystem remains the second largest web3 ecosystem after Ethereum with over $9.8 billion in TVL and more than $53 billion in stablecoins market cap Binance Holdings, the leading cryptocurrency by globally registered users and Bitcoin holdings, has announced that it will cease support for Circle’s USDC TRC20 by April 5, 2024. As a result, Binance users…

The crypto market bull run is settling after the first wave. This first wave saw several tokens rising sharply while investors hurriedly pulled out their gains. This pull has now seen some of the tokens dropping to considerable prices. In response, traders diverge to Raffle Coin (RAFF) and other new tokens as they do not know how much this price drop will affect them. USD Coin (USDC) Holders Expect More From Staking Platform USD Coin (USDC) lets holders earn passive…

A hacker exploited vulnerabilities in Dolomite's smart contracts, absconding with $1.8 million in USDC, prompting the exchange's development team to issue mitigation measures.  Exploited Contract and Methodology A recent report from blockchain security platform CertiK reveals a significant security breach within the Dolomite crypto exchange. An old contract, once utilized by Dolomite, became the gateway for a hacker to abscond with approximately $1.8 million worth of USD Coin (USDC). Dolomite, a decentralized exchange and money market protocol, initially launched on…

Samson Mow – a popular Bitcoin advocate and developer – recently commented on Binance’s decision to remove USDC trading from its platform.  He called it “the beginning of the end for USDC,” predicting that it will drastically reduce the coin’s usage and market cap.  How Binance Can Steal Circle’s Reserves In a Twitter thread on Wednesday, Mow dismissed attempts from certain industry leaders to place a “positive spin” latest move.  “You can say it’s good UX for USDC users, but…