How the US gov’t bailed out USDC stablecoin
The FDIC has taken over two banks at which Circle held billions of dollars worth of backing for DeFi’s most popular denominator.
Bitcoin24h
$111,316.93+2.36%
Ethereum24h
$2,794.20+6.27%
XRP24h
$2.42+3.95%
BNB24h
$672.58+1.33%
Solana24h
$157.30+3.08%
TRON24h
$0.2914+1.55%
Dogecoin24h
$0.1811+5.14%
Cardano24h
$0.6217+4.52%
Hyperliquid24h
$41.76+6.24%
Sui24h
$3.17+8.49%
USDC faces SEC enforcement amid stablecoin crackdown
The move follows the SEC’s demand that crypto exchange Paxos stop minting Binance’s BUSD stablecoin because it may be a security.
Waves DEX users panic as USDT and USDC disappear
It’s unclear where the USDT and USDC have gone, given that data shows more than $81 million worth of the tokens on the Waves DEX protocol.
-
DWF Labs-backed USDf depegs as red flags raised over quality of backing—by Protos Staff
-
Crypto star GCR allegedly front-ran Teeka Tiwari’s picks, Binance listings—by Protos Staff
-
Bitcoin and M2: A link that falls apart on close inspection—by Protos Staff
-
Bitcoin dev Jon Atack got arrested in El Salvador this weekend—by Protos Staff
-
Early miner could be behind sudden $8.6B bitcoin move—by Protos Staff
-
Trump-affiliated USD1 has $0 in excess reserves—by Protos Staff
-
Michael Saylor keeps diluting MSTR holders after preferred sale flops—by Protos Staff
-
Has the bitcoin treasury company bubble popped?—by Protos Staff
-
Bitcoin price goes nowhere as corporates pass BTC around—by Protos Staff
