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
$63,018.32+0.29%
Ethereum24h
$1,701.35-0.14%
BNB24h
$579.75+0.21%
XRP24h
$1.13-1.13%
Solana24h
$68.92-0.73%
TRON24h
$0.3229+0.90%
Hyperliquid24h
$69.40+2.39%
Dogecoin24h
$0.0829-0.43%
UNUS SED LEO24h
$9.49-1.17%
Zcash24h
$451.80-0.15%
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.
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XRP Ledger generated less than $400 in fees yesterday—by Protos Staff
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HTX moved $1.3 billion from reserves to undisclosed ‘ThirdParty’—by Protos Staff
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One laptop: How poor security ruined Humanity Protocol—by Protos Staff
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La Liga club Osasuna reportedly used Kalshi to hedge relegation risk—by Protos Staff
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Bounty-chasing Pump Fun users are tattooing crypto tickers on their faces—by Protos Staff
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Blackstone gates withdrawals as crypto and private credit slide—by Protos Staff
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STRC tumbles as DeFi copies lose their peg—by Protos Staff
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Jim Chanos was right about Strategy — just not patient enough—by Protos Staff
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Twenty One has four days to fix NYSE non-compliance—by Protos Staff
