Larry Fink, BlackRock Chairman and CEO said that the firm invested $24 million in the now-bankrupt cryptocurrency exchange FTX through the funds it manages. He added...
The outflow of stablecoins from exchanges has been on the rise in the wake of the FTX saga. Users appear to be taking custody of their...
Circle has alluded to over $10 million exposure to FTX It also hinted at the loss suffered due to Binance’s auto conversion In a recent Twitter...
Circle, the company behind USDC, the second largest stablecoin on the market, announced its ambitions to expand the use of its Euro-backed stablecoin, EUROC. Circle offered...
Since the Tornado Cash affair, Circle’s USDC stablecoin’s market valuation has fallen precipitously. The market capitalization of USD Coin (USDC), which fell from $53.3 billion to...
As of 22 October, the MakerDAO community is nearing the end of its governance vote on the investment proposal by Coinbase. Recall that Coinbase put forth...
One move can make or break positions in the crypto world. Well, what we are implicitly referring to is stablecoins. The battle or rather the race...
According to a new Messari report, USDC was observed to be losing traction in the stablecoin market. BUSD on the other hand, was witnessing some growth....
USDT’s throne has been challenged over the years by USDC. Eight years after Tether issued its first USDT token, the company can claim to have seen...
USDC and USDT — two renowned stablecoins backed by the fiat currency, USD witnessed quite a few tussles over the years to stand at the #1...