Circle's Chief Strategy Officer Dante Disparte states that the debate over open payments infrastructure competing with closed networks is settled, as major payment companies like PayPal, Stripe, Visa, and Mastercard integrate stablecoin features. Circle's USDC stablecoin is positioned as programmable money, offering faster, cheaper, and more accessible transactions globally. This shift marks a hybrid ecosystem where traditional financial players adopt stablecoins, enhancing cross-border transfers, financial inclusion, and AI-driven commerce. Investors should watch which stablecoins and companies dominate as regulatory frameworks evolve, with Circle actively engaging in compliance efforts.
MassPay, a global payout platform, now enables eligible clients to send USDC stablecoin payments instantly worldwide using Coinbase's payment infrastructure. This integration allows businesses to manage wallets, convert funds to USDC, and initiate pa...
In the past 24 hours, USD Coin (USDC) experienced a net outflow of $141 million while Tether (USDT) saw a net inflow of $41.4 million, indicating a rotation of capital among stablecoins. Bitcoin showed heavy two-way flows with a small net outflow, su...
Raydium's Legacy AMM V3 program was exploited due to a validation flaw allowing an attacker to bypass proportion checks and drain $1.34 million from five inactive liquidity pools. The attack did not affect current Raydium programs, SDK, or user inter...
Raydium, a major decentralized exchange on Solana, suffered a $1.34 million exploit targeting five deprecated liquidity pools from its legacy AMM V3 program. These pools were phased out in 2021 and had no active users or current interface exposure. T...
Geoffrey K. Auyeung from Washington was sentenced to five years in federal prison for laundering nearly $100 million stolen through a fake oil and gas investment scam. He used nine shell companies, 81 bank accounts, and multiple crypto platforms incl...
