USDC
Circle’s Multichain Move: Freezing $65 Million, Blacklisting 3 Addresses!
Circle, the issuer of USD Coin (USDC), has blacklisted three addresses connected to Multichain due to potential security breaches.
Increase in Institutional Interest in Bitcoin Leads to New ATH in Supply Stagnation
According to ARK Invest's new report, 70% of circulating Bitcoins have not moved for 1 year; Institutional sensitivity towards BTC is improving.
SAP Explores USDC in Thrilling Test Run!
German software company SAP is currently testing Circle's Ethereum-based USDC stablecoin in an effort to assist clients with payment-related challenges. The firm aims to address the difficulties businesses encounter when transferring funds internationally by utilizing the USDC stablecoin, which is pegged to the US dollar.
Circle (USDC) and Sequoia Capital Lead the Charge in SVB Crypto Investments
A recent Bloomberg report has identified the companies with the most funds in the now-defunct Silicon Valley Bank (SVB), including Circle and Sequoia Capital. The report, based on documents from the bank's collapse in March, reveals that these firms had billions of dollars in deposits insured by the Federal Deposit Insurance Corporation (FDIC).