Partner with us

News Explorer — USDC Stablecoin to Launch on Ethereum Scaler Arbitrum

Generated by AI, curated by humans

Jun 1, 5:52 pm

Decrypt

USDC Stablecoin to Launch on Ethereum Scaler Arbitrum

Circle and Arbitrum have announced the launch of USDC natively on the Arbitrum network on June 8. This will provide users with institutional on- and off-ramps, faster transactions and lower fees, and the ability to burn USDC on the source chain and mint new tokens on the destination chain. USDC has seen a decrease in market capitalization over the past year.

Circle and Arbitrum have announced the launch of USDC natively on the Arbitrum network on June 8. This will provide users with institutional on- and off-ramps, faster transactions and lower fees, and the ability to burn USDC on the source chain and mint new tokens on the destination chain. USDC has seen a decrease in market capitalization over the past year.

Latest

May 22, 6:27 am

Decrypt

Texas House Passes Bitcoin Reserve Bill, Now Awaits Concurrence Vote Before Heading to Governor's Desk

Landmark legislation to establish a Bitcoin reserve in Texas passed the House, awaiting a concurrence vote before reachi... Read Summary

May 22, 5:44 am

Decrypt

Hong Kong Passes New Stablecoin Law to Bolster Regulatory Oversight, Investor Protections

Hong Kong's new legislation requires fiat-referenced stablecoin issuers to obtain a license from the HKMA, complying wit... Read Summary

May 22, 5:18 am

Decrypt

Michigan House Introduces Multiple Bills on Crypto Investment, Bitcoin Mining, and Opposing US CBDC

Michigan House introduced four new crypto bills, including HB 4510 allowing state treasurer to invest in crypto with a $... Read Summary

May 22, 5:04 am

Decrypt

Law Enforcement Agencies Seize Domains Links to Seed Phrase Malware LummaC2

LummaC2, a malware operation targeting millions worldwide, had key infrastructure seized by law enforcement agencies in... Read Summary

May 22, 4:39 am

Decrypt

Crypto Sleuth ZachXBT is Being Taunted by Coinbase's Hacker

ZachXBT, a prominent onchain sleuth, was openly mocked by a threat actor through an Ethereum transaction, calling him a... Read Summary

May 22, 4:08 am

Decrypt

Bitcoin's Surge to $111,000 May Pave the Way for Altcoin Rally, Analysts Say

Bitcoin reached a new record high above $111,000 due to institutional inflows and macroeconomic factors, with U.S.-liste... Read Summary

May 21, 11:35 pm

Decrypt

SafeMoon CEO Convicted of Fraud, Faces up to 45 Years in Prison for Misleading Investors

Braden Karony, CEO of SafeMoon, was found guilty of fraud, conspiracy, wire fraud, and money laundering, facing up to 45... Read Summary

May 21, 10:51 pm

Decrypt

Here's How High Analysts Think Bitcoin's Price Will Soar

Bitcoin surged to a new all-time high of $109,565, rebounding from a low of $75,000 in April. Experts predict further in... Read Summary

May 21, 9:18 pm

Decrypt

Trader's $1 Billion Bitcoin Bet Goes Wild Amid Post-Record Price Swings

A $1 billion Bitcoin bet on Hyperliquid saw a $32 million drawdown, with the user's account fluctuating between profit a... Read Summary

May 21, 8:22 pm

Coindesk

DOJ Charges Amalgam Blockchain Founder for Deceiving Investors

Jeremy Jordan-Jones, the alleged founder of Amalgam, faces charges of fraud for deceiving investors with false claims of... Read Summary

May 21, 8:18 pm

Decrypt

Bitcoin ETFs See $1 Billion in Investments Ahead of BTC Price Record

Over $996.6 million was invested in American Bitcoin ETFs on Monday and Tuesday, with total net inflows exceeding $42 bi... Read Summary

May 21, 7:03 pm

Decrypt

Solana Seeker Smartphone Set for August Rollout—With a New Token

Solana Mobile will release the Seeker phone on August 4, featuring the SKR ecosystem token. The decentralized Solana Mob... Read Summary

May 21, 6:19 pm

Decrypt

Bitcoin's Price Predictions Vary From $110,000 to Over $200,000, Attracting Millions in Wagers

Millions of dollars are being wagered on Bitcoin's future price, with predictions ranging from hitting $110,000 by the e... Read Summary

May 21, 5:17 pm

Blockworks

VOYA Games Raises $5M for Craft World, a Pixelated Game With NFT Items, Shared Economy

VOYA Games, a crypto gaming startup, secured $5 million in funding to develop Craft World, a pixelated game set in a pos... Read Summary

May 21, 4:39 pm

Coindesk

Sam Altman's World Nets $135 Million From Token Sale Amid US Expansion

World Network's WLD token raised $135 million in a private sale to a16z and Bain Capital Crypto for network expansion. T... Read Summary