The developer of the pseudonymous Shiba Inu cryptocurrency, Shytoshi Kusama, has announced the beta version of Shibarium, a highly anticipated layer-2 scaling s
Traders who have utilized decentralized finance (DeFi) protocols to speculate on a potential increase in value of USDC over the weekend face the risk of losing
CoinGecko reports that the USDC stablecoin has returned to its one-to-one value with the US dollar. This comes after a period of decline when some holders tried
Euler Finance, a DeFi lending protocol, was subject to an attack resulting in a loss of nearly $200 million across several transactions involving DAI, WBTC, sET
According to on-chain data, the knowledgeable investors in the cryptocurrency industry, including institutions and major traders, are abandoning Circle's USDC.
In February, during a meeting in India, the International Monetary Fund (IMF) presented a report titled "Macrofinancial Implications of Crypto Assets" to the Gr
Binance, one of the largest cryptocurrency exchanges, has announced that it will support multiple stablecoins and has discontinued its Binance USD (BUSD) automa
Blockchain Asset Management, launched in April 2022 to attract institutional investors, is suspending operations due to the prolonged crypto winter. This decisi
The USD Coin (USDC) fell below 90 cents on Saturday and hit a lifetime low of 87 cents due to little respite for the token's recovery, causing traders to move t
On Saturday, USD Coin (USDC) dropped to below 90 cents and showed little sign of recovering, causing traders to shift their capital to other stablecoins. During
On Friday, lawmakers from the United States convened with the Federal Reserve and Federal Deposit Insurance Corporation (FDIC) to discuss the recent collapse of