Crypto.com scrambles to calm customers after Lithuania banking crackdown
Singapore-based Crypto.com responded to the loss of service by informing its customers that Euro deposits and withdrawals had been “temporarily disabled.”
Latest USDC News
Japan’s FSA to lift ban on foreign stablecoins by June 2023
The Financial Services Agency said that work is currently underway to allow the domestic distribution of stablecoins in the country but added that there would be certain restrictions.
CoinSurvey: BSV ecosystem optimistic—Asia is thriving, Europe needs work
CoinSurvey recently revealed some key insights into the BSV ecosystem, including what type of ecosystem participant is most likely to be optimistic and satisfied, what regions are thriving, and more.
Bitcoin vs. USDC: The first showdown?
Recently, BSV-driven wallet provider HandCash has been working on implementing USDC into their app, where users can send and receive USDC in the same way as with BSV.
Coinbase slams FTX/Apple/FUD, Circle scraps public listing
Coinbase is slamming bankrupt rival digital asset exchange FTX’s accounting practices, Apple’s NFT policies, and any other bad news, while Circle plans to go public.
Coinbase surviving on USDC interest as YTD losses top $2 billion
The lone bright spot on Coinbase’s subscription and services chart was interest income, which shot up 213% to $101.8 million, thanks largely to the U.S. Federal Reserve hiking its lending rates.
Even Binance thinks the Tether stablecoin is an unbacked scam
Binance founder Changpeng 'CZ' Zhao gave an interview to Protocol where he expressed Binance's relationship with the two largest stablecoins: Tether and Circle's USDC.
USDC stablecoin is coming to HandCash
HandCash plans to create bridges from BSV to USDC that live on other protocols, allowing token holders from large digital currency communities to begin using Bitcoin apps and services seamlessly.
Solana liquidations are on the horizon
Solend, the algorithmic, decentralized protocol for lending and borrowing on Solana, has been scrambling to mitigate the risks that are present on its platform.
Joshua Henslee reveals how HandCash teases USDC integration
Henslee emphasized that he doesn't have any confirmed information that HandCash is integrating USDC, but they said they would announce something at the BSV Global Blockchain Convention.
Coinbase reveals customer assets are not safe as collapse starts
Coinbase reported a loss of US$430 million in Q1 2022 as revenue slipped 27% compared to a year ago, and the stock ($COIN) has now lost 70% of its value since March.
US Federal Reserve says stablecoins are risky as UST goes down
The over-concentration of the stablecoin markets was also highlighted, with the trio of Tether (USDT), USD Coin (USDC), and Binance USD (BUSD) controlling over 80% of the market share.