Circle has burned $250 million USDC on Ethereum and minted $910 million on Solana, effectively moving $660 million in liquidity toward Solana. This move is part of a broader trend in 2026 where Circle is expanding USDC supply on Solana, driven by increasing institutional demand and partnerships like the one with BNY Mellon. The shift enhances Solana's liquidity and trading conditions but also raises risks if Solana faces outages due to the concentration of USDC. USDC's total supply is about $73.6 billion across 30+ networks, highlighting its growing multi-chain presence and institutional niche.
Ero Copper Corp. held its Annual General and Special Meeting of Shareholders with 82.98% of shares represented. Shareholders re-elected all ten directors, re-appointed KPMG as auditor, and approved amendments to the company's stock option and share u...
Upbit, South Korea's largest crypto exchange, will start trading the decentralized AI compute token Gensyn ($AI) on June 30, 2026, with KRW, BTC, and USDT pairs. This listing comes just over two months after Gensyn's mainnet launch in April, marking ...
A10 Networks (ATEN) is rated a BUY due to its strong earnings performance and expansion in AI-driven security services. The company's solutions have high customer retention due to their mission-critical nature, generating recurring revenues and cross...
In India, the price of Tether's USDT stablecoin surged to a premium of over 8.5% above the official USD/INR exchange rate, reaching 102.88 rupees compared to the official 94.65 rate. This sharp rise from the usual 3-4% premium reflects a sudden short...
MicroStrategy, led by executive chairman Michael Saylor, announced plans to purchase more than $14 billion worth of Bitcoin, expanding its already large holdings of 847,000 BTC. This move reinforces the company's long-term commitment to Bitcoin as a ...
