Coinbase Gets a Stake in Stablecoin Operator Circle and USDC Adds 6 New Blockchains
The Centre Consortium, jointly managed by Circle and Coinbase, is being shut down and Circle is bringing issuance and governance of the USDC stablecoin in-house.
Finance
Terra Website Compromised; Developers Warn Against Phishing Scam
Layer 1 blockchain Terra was targeted by a phishing attack over the weekend with the official website being compromised by hackers.
Crypto Lender Exactly Hit by $12M Bridge Exploit
Exactly Protocol, a decentralized credit market on the Optimism (OP) blockchain, has been targeted by a bridge exploit worth as much as $12 million.
Coinbase Will Suspend USDT, DAI and RAI Trading for Canadian Users
The exchange expanded its services in Canada earlier this week.
Mastercard Deepens Tie to CBDCs as Nations Mull Issuing Digital Currencies
Payments giant Mastercard has created a forum where crypto industry players can discuss and collaborate on central bank digital currencies, injecting its influential voice into the CBDC conversation as nations around the world consider whether to digitize their money.
How Is Tokenization Impacting Investing?
Decentral Park’s Kelly Ye provides an overview of what tokenization is and how will it affect the investment landscape.
PayPal to Stop Crypto Purchases in UK Until 2024
Payments giant PayPal will temporarily pause crypto purchases in the United Kingdom until early 2024, the company said Wednesday, citing new rules by the country’s financial regulator.
Binance to Shut Down Crypto Payments Service Amid Refocus On Core Products
Crypto exchange Binance has decided to shut down its buy-and-sell service Binance Connect, formerly known as Bifinity, just one year after its launch, the company said in a statement.
Dinari Raises $7.5M for Decentralized Stock Trading Platform
Backers for the dShares platform, which will be available ex-US, included a Susquehanna subsidiary.
Cameron Winklevoss to DCG Amid Their Crypto Lending Fight: ‘Good Luck’ Convincing a Jury
His Gemini crypto exchange and conglomerate Digital Currency Group are battling – in and out of court – over the failure of Gemini’s Earn lending service.