Circle is launching its Arc blockchain public mainnet on September 16, transitioning from a private network to a live system backed by major financial institutions like BlackRock, Visa, and Mastercard. Valued at $3 billion from a $242 million presale, Arc is designed for stablecoin payments, tokenized assets, and fast financial markets, initially running on a Proof-of-Authority model with permissioned validators. Leveraging Circle's existing USDC stablecoin ecosystem, Arc aims to offer sub-second transaction finality, privacy options, and EVM compatibility. The launch will also introduce new products for tokenized real-world assets and AI-assisted smart contracts, positioning Arc at the intersection of traditional finance and decentralized finance (DeFi).
Circle minted 250 million USDC tokens on the Solana blockchain on October 25, a transaction worth about $250 million confirmed on the network. USDC is a stable digital token used for transactions, and Solana is a popular blockchain platform for digit...
Michael Saylor, Executive Chairman of TokenPost.ai Strategy, described Bitcoin as the "moat" in financial infrastructure, highlighting its role as digital capital. He explained that Bitcoin serves as a foundation for digital equity and credit, with p...
Quant (QNT) token price increased by 4.25% to $196 on Binance spot market within one hour, rising from $188. Over the past 24 hours, QNT gained 10.66%. During this hour, short liquidations across Binance, Bybit, and OKX totaled $80,000, with no long ...
A public security challenge is testing whether two recently patched PHP vulnerabilities, known as PHP2Shell, can be exploited to retrieve a hidden key from a server running an older PHP version. The challenge involves remote code execution flaws rate...
Zcash (ZEC) price increased by 7.39% over 24 hours, reaching $1,234 on Binance as of Oct. 25. The price rose 2.15% within one hour, accompanied by $870,000 in short liquidations across Binance, Bybit, and OKX, while no long liquidations were reported...
