USDC
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Disparities in Reserves of Stablecoins
On February 22, Nansen data showed that among the current reserves of nearly $3.372 billion, the proportion of USDC rose to 55.78%, about 1.877 billion; Howeve…
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The Rapid Growth of Stable Currency in the Digital Market
According to reports, Circle, the issuer of the stable currency USDC, said that in the past few years, the stable currency operating like digital cash has grow…
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Amber Group and Arca ramping up GMX positions
It is reported that according to the monitoring of Lookonchain, Amber Group and Arca have been increasing their holdings in GMX in the past month. Amber Group …
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Analyzing the Recent Transfer of 100000 USDCs from Hodlnaut to 0x177b6
It is reported that Paidun monitoring data shows that the address marked as Hodlnaut has transferred 100000 USDCs to the new address beginning with 0x177b6.
The Hodlnaut address wi -
Circle’s USDC Stablecoin Maintains Stability Amidst Fluctuating Cryptocurrency Market
It is reported that, according to official data, from February 9 to February 16, Circle issued a total of US $9.7 billion of USDCs and redeemed US $9.6 billion…
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Transfer of Value from BUSD to USDT Sends Market Fluctuations
According to reports, Zhao Changpeng tweeted that in recent days, the market value of BUSD has dropped from $16.1 billion to $13.7 billion, down $2.45 billion,…
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LayerSwap’s Immovable Core SDK: The Future of Cross-chain Transfer
On February 16, the Layer2 cross-chain transfer project LayerSwap launched the Immovable Core SDK, which supports users to send ETH, IMX, and USDC to the Immov…
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Institutional Investors are Still Bullish on Cryptocurrency Despite Market Volatility
It is reported that Lookonchain posted on social media that Bitcoin and Ethereum rose today. The data on the chain showed that several funds/institutions have …
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USDC Treasury Destroys 220 Million Coins on Valentine’s Day 2023
According to reports, Whale Alert data showed that at 05:16 on February 15, 2023, the USDC Treasury destroyed 220000000 USDCs.
USDC Treasury destroyed …
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Sun Yuchen withdraws 80 million USDC from Circle address
On February 15, according to Lookonchain monitoring, the address marked by Etherscan as Sun Yuchen extracted 80 million USDCs from the Circle address.
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Vitalik Buterin trades Ethereum for USDC and transfers to Kraken
On February 15, according to PeckShield monitoring, Vitalik Buterin traded about 210 Ethereum to about 324400 USDCs and transferred them to Kraken.
V G…
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USDC Treasury Destroys 320 Million USDCs in One Hour
According to the report, according to Whale Alert, at 5:16 on February 15, 2023 Beijing time, the USDC Treasury destroyed 220 million USDCs. At 6:14, the USDC …
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Brief suspension of USDC Withdrawal by Binance US
On February 15, according to the Binance US status report, Binance US suspended the withdrawal of USDC on the Ethereum chain at 5:19 on February 15, because th…
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Amber Group’s Crypto Transaction
On February 14, according to Tom Wan, a research analyst at 21. co, the parent company of 21Shares, disclosed on social media that after the \”Paxos incident\”, …
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Tether Dominates Stablecoin Market as Total Value Reaches $138.5 Billion
On February 14, according to the data of The TIE and CoinGecko, the total market value of stable currency is about 138.5 billion US dollars, Tether\’s market sh…
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FTX Crash causes significant drop in USDC market value
It is reported that the market value of USDC has shrunk by nearly US $7 billion since the FTX crash in October 2022. Glassnode data shows that before the FTX c…
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OKX Founder Shows Support for Regulated Stable Currencies
It is reported that Xu Mingxing, the founder of OKX, reiterated that OKX highly supports regulated stable currencies such as USDC and has no plans to launch OK…
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US Dollar Stable Currency Market Share Shifts to USDT
According to the report, the data shows that the total market value of the US dollar stable currency is US $138.5 billion at present, with USDT accounting for …
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Encrypted Whale Deposits ETH and STETH into Aave and Borrow USDC to Transfer to Circle
On February 13, according to the Lookonchain monitoring data, in the past 24 hours, 0xd27 encryption giant whales deposited 60850 ETHs (about US $90.4 million)…
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Massive Withdrawals Recorded on Ethereum and Binance Smart Chain
It is reported that according to the monitoring of 0xScope Protocol, in the past hour, the withdrawal of Coin An exceeded US $500 million, about US $439 millio…
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SEC’s latest moves create uncertainty in the crypto world
According to reports, Frank Chaparo, the News Director of The Block, tweeted that the United States Securities and Exchange Commission (SEC) was engaged in an …