Coinbase is acquiring a minority stake in Circle
Coinbase is acquiring a minority stake in Circle, USDC stablecoin operator Coinbase is increasing its support for stablecoins with an investment in Circle. The companies are also assigning full control of $USDC issuance and governance to Circle while disbanding Centre Consortium, their joint organization founded to manage the stablecoin. Moreover, six new blockchains will integrate with $USDC, taking the total to fifteen. Though not identified, Polkadot, Near, Optimism and Cosmos are chains C...
Coinbase is acquiring a minority stake in Circle
Coinbase is acquiring a minority stake in Circle, USDC stablecoin operator Coinbase is increasing its support for stablecoins with an investment in Circle. The companies are also assigning full control of $USDC issuance and governance to Circle while disbanding Centre Consortium, their joint organization founded to manage the stablecoin. Moreover, six new blockchains will integrate with $USDC, taking the total to fifteen. Though not identified, Polkadot, Near, Optimism and Cosmos are chains C...
Multichain [MULTI] is hacked
Multichain [MULTI] is hacked – around $126M in assets stolen from bridge Multichain $MULTI, a cross-chain router protocol, has been exploited for roughly $126M worth of assets, according to PeckShield. (https://twitter.com/peckshield/status/1677031203772289030) More than $102M worth of crypto was withdrawn from Multichain’s Fantom $FTM bridge contract on Ethereum $ETH. This included $31M in $WBTC, $13.6M in $WETH and $58M in $USDC. The Multichain team tweeted (https://twitter.com/MultichainOr...
Multichain [MULTI] is hacked
Multichain [MULTI] is hacked – around $126M in assets stolen from bridge Multichain $MULTI, a cross-chain router protocol, has been exploited for roughly $126M worth of assets, according to PeckShield. (https://twitter.com/peckshield/status/1677031203772289030) More than $102M worth of crypto was withdrawn from Multichain’s Fantom $FTM bridge contract on Ethereum $ETH. This included $31M in $WBTC, $13.6M in $WETH and $58M in $USDC. The Multichain team tweeted (https://twitter.com/MultichainOr...
Hatom (HTM) will conduct a public sale on xLaunchpad
Reserve [RSR] is investing $20M into the governance tokens of Convex, Curve and Stake DAO Reserve $RSR, a stablecoin protocol that allows users to create their own coins backed by any asset, invests $20M into the governance tokens of Convex $CVX, Curve $CRV and Stake DAO $SDT. The investment is intended to increase the liquidity of Reserve’s stablecoins - RTokens. It will also increase Reserve's voting power within these apps’ governance systems. It may allow for new features for RTokens...
Hatom (HTM) will conduct a public sale on xLaunchpad
Reserve [RSR] is investing $20M into the governance tokens of Convex, Curve and Stake DAO Reserve $RSR, a stablecoin protocol that allows users to create their own coins backed by any asset, invests $20M into the governance tokens of Convex $CVX, Curve $CRV and Stake DAO $SDT. The investment is intended to increase the liquidity of Reserve’s stablecoins - RTokens. It will also increase Reserve's voting power within these apps’ governance systems. It may allow for new features for RTokens...
Worldcoin has raised $115M in a Series C funding round
Worldcoin has raised $115M in a Series C funding round led by Blockchain Capital Worldcoin, the eyeball-scanning crypto project co-created by OpenAI’s Sam Altman, has raised $115M in a Series C funding round led by Blockchain Capital. Other investors include a16z, Bain Capital Crypto and Distributed Global. The capital will help accelerate research and development and growth efforts on the Worldcoin project and the World App. Worldcoin is currently in beta and is being built around the decent...
Worldcoin has raised $115M in a Series C funding round
Worldcoin has raised $115M in a Series C funding round led by Blockchain Capital Worldcoin, the eyeball-scanning crypto project co-created by OpenAI’s Sam Altman, has raised $115M in a Series C funding round led by Blockchain Capital. Other investors include a16z, Bain Capital Crypto and Distributed Global. The capital will help accelerate research and development and growth efforts on the Worldcoin project and the World App. Worldcoin is currently in beta and is being built around the decent...
Elon Musk published a post on Twitter with an image of Pepe
Elon Musk published a post on Twitter with an image of Pepe. The PEPE price immediately went up about 10%. The meme coin is up almost 50% in 24 hours. https://twitter.com/elonmusk/status/1657318313532313600A French crypto trader, Thomas Clausi, is currently jailed in Morocco where he was convicted of the crime of purchasing a Ferrari using bitcoin. In addition to slapping Clausi with an 18-month jail term, the Moroccan court also ordered the crypto trader to pay a fine of over $3.7 million (€...
Elon Musk published a post on Twitter with an image of Pepe
Elon Musk published a post on Twitter with an image of Pepe. The PEPE price immediately went up about 10%. The meme coin is up almost 50% in 24 hours. https://twitter.com/elonmusk/status/1657318313532313600A French crypto trader, Thomas Clausi, is currently jailed in Morocco where he was convicted of the crime of purchasing a Ferrari using bitcoin. In addition to slapping Clausi with an 18-month jail term, the Moroccan court also ordered the crypto trader to pay a fine of over $3.7 million (€...
