Circle Launches USDC Minting on Polygon Network
Circle, the issuer of US dollar stablecoins, has announced it has begun minting USD Coin (USDC) natively on the Ethereum layer 2 scaling protocol Polygon. Users and developers can access USDC without bridging the stablecoin from Ethereum or another blockchain. Circle Mint and Circle’s developer APIs now support Polygon-based USDC, leveraging the scalability of Polygon. […]
Hut 8 Merger Boosts Self-mined BTC Reserves to 9.4K
The Canadian Bitcoin mining company Hut 8 accumulates self-mined BTC despite the ongoing merger agreement with US Bitcoin (USBTC), bringing its reserves to 9,366. Hut 8 announced on October 10 that it mined 111 Bitcoin in September 2023, bringing its self-mined BTC reserves to 9,366. Hut 8 mined approximately 147 BTC in May 2023. Since […]
Alameda Minted $39.55B USDT, 47% of Tether’s Current Supply
Sam Bankman-Fried’s Alameda Research ordered enormous USDT mints in 2021, as chain data flagged by Coinbase director Conor Grogan indicated. Alameda Research redeemed over $38 billion in Tether tokens in 2021 despite not managing the corresponding amount of assets, according to blockchain data flagged by Coinbase director Conor Grogan . According to Grogan, the total […]
Comparing Litecoin and Dash for Gambling: Which Cryptocurrency is Right for You?
Explore Litecoin and Dash for gambling. Find the ideal cryptocurrency for your gambling needs. Make the right choice today! The digital gambling landscape is advancing immensely with the burgeoning acceptance of cryptocurrencies. In this article, we will traverse the globe of online betting and contrast two popular cryptocurrencies, Litecoin and Dash, to assist you in […]
Binance Remains Silent on Projects Funded by Crypto IRI Fund
A new report shows Binance’s $1B Industry Recovery Initiative (IRI) fund, a project to support the crypto industry during the FTX collapse, may not have been as effective as anticipated as the exchange has still not disclosed projects funded by the initiative. After announcing the IRI in November 2022, Binance spent $15 million in its […]