Category Archives: News

Circle’s USDC Circulation Increases by $1.4 Billion in Recent Week

According to PANews, official data reveals that Circle has issued approximately $3.7 billion worth of USDC in the past week ending November 21, while redeeming around $2.2 billion. This activity has resulted in a net increase of about $1.4 billion in USDC circulation. The total circulation of USDC now stands at 38.1 billion tokens. In… Read More »

BlackRock IBIT Sees Significant Inflow of $508.7 Million

According to BlockBeats, data from the Bloomberg Terminal on November 23 indicates that BlackRock’s IBIT experienced a substantial net inflow of $508.7 million the previous day. This significant financial movement highlights the growing interest and investment in BlackRock’s offerings. The influx of funds into BlackRock’s IBIT underscores the firm’s strong position in the market and… Read More »

Crypto Wallet Breach Leads To $4 Million Asset Transfer

According to Foresight News, blockchain investigator ZachXBT reported on his personal Telegram channel that a wallet associated with the crypto influencer JRNY has been compromised. The incident involved the transfer and sale of approximately $4 million worth of crypto assets, suggesting a potential leak of the wallet’s private key. The breach highlights ongoing security challenges… Read More »

Ripple’s Legal Officer Suggests Reforms For Future SEC Leadership

According to U.Today, Stuart Alderoty, Ripple’s Chief Legal Officer, has shared his insights on the potential future direction of the U.S. Securities and Exchange Commission (SEC) amid discussions about a change in its leadership. As speculation grows over who might assume the role of the next SEC chair, Alderoty emphasizes the need for a strategic… Read More »

Solana Development Activity Sees Significant Growth

According to PANews, recent data from Santiment reveals a notable increase in development activity within the Solana ecosystem over the past month. The platform reported an 11.2% rise in development activities, highlighting a growing interest and engagement in the network’s development. Additionally, the number of contributors participating in Solana’s development has grown by 4.2%. This… Read More »

Significant USDT Movement Observed From Tether To Exchanges

According to BlockBeats, recent monitoring by Lookonchain has revealed a substantial transfer of 1.38 billion USDT from Tether to various trading platforms over the past 15 hours. This significant movement of the stablecoin has caught the attention of market observers, as such large transfers can often indicate potential shifts in trading activities or market sentiment.… Read More »