Binance and Circle,Once Bitter Rivals, Join Hands To Boost Global USDC Adoption

Circle and Binance have revealed their strategic partnership during Abu Dhabi Finance Week to promote USDC, a stablecoin jointly owned by Circle and Coinbase.

$20 Million Vanishes from US Government Crypto Wallet: What We Know So Far

Over $20 million in cryptocurrency, linked to the 2016 Bitfinex hack and stored in a US government wallet, has been suspiciously transferred, raising concerns of a potential theft. Blockchain analysts are investigating the sudden movement, which includes funds like Ethereum and stablecoins, possibly tied to a hacker.

Radiant Capital Freezes Lending Following Over $50M Breach on BSC and ARB Chains, Marking Second Hack in 2024

Radiant Capital, a DeFi lending platform, was hit by a cyberattack, losing over $50 million in USDC, WBNB, and ETH on BSC and Arbitrum. Hackers took control of its Pool Provider contract, redirecting ownership to a malicious contract. Radiant has halted lending and urged users to revoke smart contract permissions.

Paxos Rolls Out New Stablecoin Payment Platform with Stripe as First Client: A Turning Point for Stablecoin Adoption?

Stripe's Pay with Crypto is the first to use Paxos' new stablecoin payments platform, enabling instant conversions between various stablecoins. Will this launch boost stablecoin adoption in the payments industry?

Polymarket Users Become Victims of Google Login Wallets Attack With Wallets Wiped Out After Deposits Made

Polymarket users have reported their wallets being drained after logging in with Google accounts, though those using MetaMask or TrustWallet extensions were unaffected. Polymarket claims the issue is isolated, but affected users remain concerned.

TrueX: A unique exchange platform that leverages stablecoin for settlement

TrueX, a new cryptocurrency exchange will launch, using PayPal's stablecoin as its form of settlement. The crypto platform was unveiled yesterday.

USDC to Become Primary Token on Soneium Blockchain in Major Sony-Circle Deal

Circle and Sony Block Solutions Labs are partnering to make USDC the primary transaction token on the new Soneium blockchain. This collaboration aims to enhance digital transactions and create innovative opportunities in the Web3 space, with Soneium set to launch its mainnet in 2025.

Circle's CEO Teases Tap-and-Go USDC Payments on iPhones

Circle CEO Jeremy Allaire announced that tap-and-go USDC payments on iPhones will soon be possible, following Apple's decision to open its secure payment chips to third-party developers, a move that could significantly enhance the use of blockchain technology on Apple devices.

Musk-Trump Delayed Interview Sees Polymarket Bettor Score Over $1 Million: Is Musk’s DDoS Attack Claim a Lie?

Over a million viewers joined Donald Trump and Elon Musk’s delayed X Spaces interview, which Musk attributed to a “massive DDoS attack.” Was the delay genuinely due to a DDoS attack, or did Musk fabricate the reason?

EURC Stablecoin Debuts on Ethereum L2 Blockchain Base: A New Era for Euro-Backed Digital Currency

Circle’s EURC stablecoin is now live on Base, an Ethereum Layer 2 network, offering faster and cheaper euro transactions. With support from major industry players and a proven track record of USDC’s success on Base, EURC is set to enhance liquidity and global financial accessibility.

Chase Bank Account Closure Leaves Customer in Distress

Chase's abrupt account freeze and termination leave a customer facing financial hardship after depositing a government refund check.

Circle Founder Praised: Developers Create Personal Automated Bank Using ChatGPT

Circle's founder, Jeremy Allaire, recently praised ChatGPT's integration with new blockchain applications. ChatGPT, acting as an agent, can manage finances via USDC on the blockchain and handle payments using USDC.

Elon Musk Foresees Bank Account Irrelevance with X Payments

Elon indicated that the application will manage both financial assets and securities, yet intriguingly, there is no mention of its involvement with crypto.

USDC issuer Circle issues warning about hacked executive account

The hacker tweeted about a fake USDC airdrop to compensate holders who held the stablecoin during its depeg.

Signature Bank Sold to Flagstar Bank – Minus Crypto Assets

Signet, the payment network widely used by Web3 businesses, still remains under the FDIC control.

Flagstar Bank acquires Signature Bank – without $4B of ‘digital banking’ deposits

Signature Bank has found a buyer after a week long financial odyssey, the New York Community Bancorp, Inc.

Circle Recommends Central Bank of Ireland Adopt Public Blockchains for Consumer Protection

Judge Rules Celsius Earn Account Funds Belong to Estate, Not Users

Digital assets deposited in Celsius Network’s Earn program belong to the bankrupt company’s estate and not individual users.

S.Korea Central Bank Puts Hand up to Regulate Stablecoins

A stablecoin is a cryptocurrency that has its prices pegged to that of different assets, often to fiat currencies.

[Guide] How to Cash Out & Transfer Your Money to Your Bank Account

Want to cash out your crypto & withdraw your money to your bank account? This step-by-step guide will show you how!