Key highlights: Circle CEO Jeremy Allaire fancies his company’s long-term chances amid new competition from OpenUSD The Circle CEO criticized OpenUSD’s model while dispelling rumors of severing ties with Coinbase Following OpenUSD’s announcement, Circle stock slumped by double digits, but pundits dismissed it as a normal market reaction Circle CEO Jeremy Allaire has downplayed claims […]
Tag: USDC
Key highlights: Polymarket revealed a phishing attack involving its third-party vendor. The platform has addressed the issue and promised to refund affected users. The stolen $2.9 million in pUSD has been converted into ETH. Polymarket, a prominent prediction market platform, recently revealed that its third-party service provider faced a phishing attack on Thursday. Following the […]
Key highlights: StablecoinX debuted on Nasdaq under the ticker USDE. The company holds 20% of Ethena’s total supply. StablecoinX raised $890 million in PIPE financing to support its ENA strategy. StablecoinX has officially launched its plans to enter the public market. This would give traders a new way to invest in the Ethena ecosystem. According […]