USDC

Silicon Valley Bank Contagion has been Halted

Silicon Valley Bank has been bailed out of the contagion risk that was pending, what lessons can we learn from this?

USDC Depegs as Silicon Valley Bank Contagion Spreads

Stablecoin USDC de-pegged after Circle admitted at least $3.3B of USDC's reserves are stuck in the insolvent Silicon Valley Bank.

DeFi

Circle Calms Nerves in Crypto Market Amid Regulatory Concerns

Amid a flurry of regulatory action, Circle has calmed nerves with news that the SEC hasn't issued them a Wells notice.

Circle tapped into its inner 6ix9ine and dropped the dime

DeFi

Stablecoin Wars: Circle Snitches on BUSD Issuer Paxos

The SEC and the NYDFS are coming after Paxos after Circle allegedly snitched to the regulators.

DeFi

Chainlink, Circle, and Ethermine Won't Support PoW ETH Forks

Today, Ethereum is operated by miners using computer graphics cards. Following the Merge, ETH mining operations will be obsolete.

US Treasury Sanctions Tornado Cash, Tornado Cash Responds with Dusting Attack

DeFi

US Treasury Sanctions Tornado Cash; Dusting Attack Follows

The US Treasury just sanctioned Tornado Cash, and a number of associated wallets. In response, someone performed a dusting attack to high profile individuals.

Roger Ver Liquidated, CoinFLEX Secretly Tokenizes and Sells his Debt

DeFi

Roger Ver Liquidated, CoinFLEX Tokenizes and Sells his Debt

CoinFLEX has pointed the blame for their liquidity problems to a wealthy individual who owes the exchange $47M USDC. Now they've named that individual as Roger Ver.

DeFi

Circle Launching European Stablecoin EUROC

Circle, the stablecoin giant behind USDC, announced they are launching a Euro-pegged stablecoin, EUROC. EUROC is launching June 30th 2022.

USDC

BlackRock Will Manage USDC's $50B Reserves Following $400M Raise

Circle announced a $400M funding round and that BlackRock will manage USDC's cash reserves.