Tag: COIN:USDCUSD
-
Crypto this Wednesday: Circle Singapore Gets License From MAS, Mint Square Shuts Down Services, and More
US hearing to discuss future of cryptocurrencies, regulatory clarity The US House of Representatives Financial Services Committee has scheduled a hearing to discuss the future of cryptocurrencies and bring clarity to the digital asset ecosystem. The aim is to provide regulatory guidance and address critical issues such as investor protection and innovation. The hearing will take place…
-
Crypto this Friday: Elon Musk accused of insider trading, OpenAI director’s Twitter account hacked, and more
Elon Musk faces insider trading allegations Tesla (NASDAQ:TSLA) CEO Elon Musk faces insider trading allegations in a class-action lawsuit filed by investors, who allege Tesla’s CEO manipulated the Dogecoin (COIN:DOGEUSD) cryptocurrency, resulting in billions in losses for them. Investors claim Musk used publicity strategies, including Twitter posts and media appearances, to profit at his expense. The judge indicated that…
-
Crypto this Thursday: NY to Accept Stablecoin Bail, Justin Sun to Trade Memecoins, and More
Bail payments in New York can now be made using stablecoins New York is considering accepting dollar-pegged stablecoins as bail payments, according to a new bill introduced by state legislator Latrice Walker. The proposal aims to add fiat-backed stablecoins to the list of pre-existing methods of paying bail bonds, which includes cash, insurance bonds and credit…
-
Crypto this Tuesday: Paxful Resumes Operations, Binance Integrates Bitcoin Ordinals, and More
Goldman, Microsoft, Cboe team up to launch Blockchain network Goldman Sachs (NYSE:GS), Microsoft (NASDAQ:MSFT), Deloitte, Cboe Global Markets have joined the Canton Network, a new blockchain network aimed at connecting disparate institutional applications, according to Bloomberg. The network will test features in July and promises to offer greater privacy and controls than currently available. Other participating companies…
-
Crypto this Friday: Binance enters Japan, BTC holds at $ 29K and more
Etherisc Launches Chainlink-Powered USDC Peg Protection Etherisc, the open-source decentralized insurance protocol and ecosystem, has released a depeg USDC protection hedge to the public, a press release said. In case of a depeg, the solution protects USDC (COIN:USDCUSD) deposits in non-custodial wallets with automated pre-specified payments, verified through the Chainlink Data Feed. As soon as the USDC to…
-
Crypto this Wednesday: NEAR Blockchain Goes Live, WeChat Integrates Digital Yuan, and More
Circle CEO says USDC is Empowered by US Banking crisis Stablecoin USDC (COIN:USDCUSD) has emerged from the March banking crisis stronger and safer, Jeremy Allaire, CEO of broadcaster Circle Internet Financial, said on Wednesday onstage at CoinDesk’s Consensus conference. The USD Coin, a critical rail for moving money through the crypto industry, lost its peg to…