Key highlights: The IMF says Brazil’s dependency on stablecoins could have far-reaching effects for the broader economy. Stablecoins have led Brazil’s crypto market growth for nearly 10 years, with dollar-denominated assets leading the charge. Tether’s USDT holds a sizable share of the market, followed by Circle’s USDC. The International Monetary Fund (IMF) has called for […]
Tag: USDC
Key highlights: Circle added about 1,000 blockchain patents from IBM. The portfolio features over 680 patent families in blockchain and fintech. CRCL stock rose slightly after the announcement. Circle has acquired nearly 1,000 blockchain-related patents from IBM. This makes it the largest holder of blockchain patents in the United States. The firm did not disclose […]
Key highlights: The Wemix smart contract breach resulted in the illegal creation of 5.2 million WEMIX tokens. The attackers targeted a vulnerability in the smart contract. The team has temporarily paused bridges and services as the investigation goes on. Wemix, a leading blockchain game platform, has confirmed a smart contract exploit today. Reportedly, the attackers […]