KuCoin Brings USDC to Polkadot: A DeFi Milestone
KuCoin, a US-based crypto exchange, has introduced USDC deposits on the Polkadot network, marking a significant step in Polkadot’s DeFi ecosystem development and USDC’s multi-chain expansion.
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Currency Markets Shift as Key Economic Data Looms
Global currencies show notable movements against the USD, with pivotal economic reports expected on August 14.
Ronin Network Recovers Stolen Ethereum, Awaits USDC Return
The Ronin Network has successfully recovered $10 million worth of Ethereum stolen in a recent security breach, with USDC expected to be returned soon, highlighting the ongoing challenges and responses to crypto security issues.
USDC Dominates Solana as Circle Injects Fresh Liquidity
Circle has minted nearly $1 billion in USDC on Solana over the past week, solidifying its position as the dominant stablecoin in the ecosystem and potentially signaling increased demand and liquidity.
Binance Reshapes Trading Offerings Amid Market Fluctuations
Binance, the world’s largest crypto exchange, will delist six trading pairs on July 5, including BTC/AEUR and ETH/AEUR, while adding new pairs like WIF/BRL and ZK/USDC, reflecting ongoing market dynamics.
USDC Surge Signals Potential Crypto Buying Trend
USDC deposits to centralized exchanges hit a one-year high, suggesting investors are positioning to buy cryptocurrencies at lower prices. This trend, along with other market indicators, points to potential growth opportunities in the crypto market.
Tether Faces Intense Scrutiny Over Alleged Corruption Ties and Criminal Activity Links
Consumers’ Research has launched a campaign against Tether, accusing the stablecoin issuer of being a threat to consumers and raising concerns about its potential to become the next FTX. The accusations include ties to the fallen FTX exchange, facilitating criminal activities, and a decade-long refusal to conduct a full audit.
Espresso Cash Enables Multi-Chain USDC Transactions
Espresso Cash now allows users to pay or request USDC stablecoin on various blockchain networks, not just Solana, bringing enhanced flexibility to USDC transactions within the DeFi space.
PayPal USD Stablecoin Goes Live on Solana Blockchain
PayPal has launched its Paxos-issued PayPal USD (PYUSD) stablecoin on the Solana blockchain, enabling users to facilitate cross-border transactions, remittances, and other payments on the high-performance network.
Trump 2024 Campaign Embraces Crypto Donations
Former President Donald Trump’s 2024 campaign has announced it will accept cryptocurrency donations, including Bitcoin, Ether, and Dogecoin, as he faces multiple criminal charges and prepares for a potential presidential debate against incumbent Joe Biden.