Bitcoin24h $110,979.99+1.84%

Ethereum24h $2,750.94+5.31%

XRP24h $2.41+4.58%

BNB24h $667.97+1.27%

Solana24h $157.04+4.21%

TRON24h $0.2900+0.83%

Dogecoin24h $0.1815+6.23%

Cardano24h $0.6226+5.68%

Hyperliquid24h $40.71+5.00%

Sui24h $3.05+5.12%

Unanswered questions about the Binance Industry Recovery Fund

The Binance Industry Recovery Fund seems to have been forgotten as it quietly appreciates in value and the industry continues to recover.

Is USDC preparing for a Justin Sun sanction?

USDC issuer Circle has announced that it would no longer be continuing support for the stablecoin on Justin Sun’s TRON blockchain.

In a Q2 earnings call, Coinbase chief Brian Armstrong unexpectedly said that USDC was stronger now that Binance has liquidated.

An anonymous source claims Coinbase was about to bail out its partner Circle to bring stablecoin USDC back up to $1 during SVB’s bank-run.

A new scam appears to allow users to avoid the risk of a USDC depeg, but instead it drains the wallet of unsuspecting victims.