🇺🇸🕵️ Mastercard will start processing transactions in several regulated stablecoins pegged to the US dollar, including #USDC and #PYUSD, alongside existing processes in fiat currencies. #stablecoin
🆕 #USDC Hyper Foundation Allocates $10M in Grants to Support USDH Migration
Hyper Foundation announced approximately $10 million in grants to assist builders impacted by the USDH sunset. The funds will cover migration and wind-down costs for eligible HIP-1 and HIP-3 deployers, HyperEVM protocols, USDH:USDC bridges, and Native Markets, with recipients required to complete migrations or orderly shutdowns by the end of July.
Hyper Foundation announced approximately $10 million in grants to assist builders impacted by the USDH sunset. The funds will cover migration and wind-down costs for eligible HIP-1 and HIP-3 deployers, HyperEVM protocols, USDH:USDC bridges, and Native Markets, with recipients required to complete migrations or orderly shutdowns by the end of July.
📊 #USDC Deribit and SignalPlus Launch Trading Competition
Deribit and SignalPlus announced the launch of “The Island” trading competition, scheduled to run from July 6 to August 10. The competition features up to 600,000 USDC in rewards, with participants eligible through options trading, referrals, and qualifying deposits.
Deribit and SignalPlus announced the launch of “The Island” trading competition, scheduled to run from July 6 to August 10. The competition features up to 600,000 USDC in rewards, with participants eligible through options trading, referrals, and qualifying deposits.
🇺🇸🏦 #USDC Circle has received approval to establish the National Trust Bank of the United States.
🇯🇵🕵️ #USDC The largest Japanese payment network JCB has engaged Circle (#CRCL) to explore the use of stablecoins for cross-border payments and merchant transactions. #stablecoin
🕵️♂️ #USDC A whale sold 30K $ETH (~$55M) through Galaxy Digital OTC.
The wallet exchanged 30,000 $ETH for $55M USDC, then deposited the funds to Coinbase.
Address: 0x8Fa4EE1776032B612206E754eC2382b534D4ac6F
The wallet exchanged 30,000 $ETH for $55M USDC, then deposited the funds to Coinbase.
Address: 0x8Fa4EE1776032B612206E754eC2382b534D4ac6F
🥷 #USDC #USDT #SOL Allbridge Core Exploited for $1.1M+ on Solana.
Attack Flow:
$1.12M USDC flash loan from Kamino
↓
Rapid USDC/USDT swaps distort Allbridge stablecoin pool ratios
↓
Liquidity withdrawn at manipulated rates
↓
Flash loan repaid within the same transaction
↓
~$1.1M extracted
↓
Funds moved through privacy protocols for mixing
Largest Single Allbridge Withdrawal: $2.24M USDC
Attacker Address:
Further analysis of the exploit and affected pools is ongoing. #hack
Attack Flow:
$1.12M USDC flash loan from Kamino
↓
Rapid USDC/USDT swaps distort Allbridge stablecoin pool ratios
↓
Liquidity withdrawn at manipulated rates
↓
Flash loan repaid within the same transaction
↓
~$1.1M extracted
↓
Funds moved through privacy protocols for mixing
Largest Single Allbridge Withdrawal: $2.24M USDC
Attacker Address:
Further analysis of the exploit and affected pools is ongoing. #hack
🕵️♂️ #USDC #HYPE A Hyperliquid whale deposited $3.71M USDC and placed $2.68M worth of $BTC long-limit orders.
The whale is bidding for 40.58 $BTC across 30 orders between $65,945 and $66,214.
Current positions:
→ $CL 14x long: +$752.4K PnL
→ $BRENTOIL 11x long: +$361.7K PnL
The wallet holds $8.67M in long positions with zero shorts.
Unrealised PnL: +$1.11M
Address: 0x00004808a6df8de77c891dc13826ff33cb17e24d
The whale is bidding for 40.58 $BTC across 30 orders between $65,945 and $66,214.
Current positions:
→ $CL 14x long: +$752.4K PnL
→ $BRENTOIL 11x long: +$361.7K PnL
The wallet holds $8.67M in long positions with zero shorts.
Unrealised PnL: +$1.11M
Address: 0x00004808a6df8de77c891dc13826ff33cb17e24d
🇺🇸🥷 #USDC AFX-Operated Bridge Loses $24.15 Million in USDC Exploit
Onchain security firm Blockaid reported an attack on a cross-chain bridge operated by the Arbitrum-based protocol AFX at 21:30 UTC on July 22. Approximately $24.15 million in USDC was stolen. USDC is a U.S. dollar-pegged stablecoin issued by Circle. The compromised bridge was operated independently by AFX and was not Arbitrum’s official bridge. #hack
Onchain security firm Blockaid reported an attack on a cross-chain bridge operated by the Arbitrum-based protocol AFX at 21:30 UTC on July 22. Approximately $24.15 million in USDC was stolen. USDC is a U.S. dollar-pegged stablecoin issued by Circle. The compromised bridge was operated independently by AFX and was not Arbitrum’s official bridge. #hack
🇰🇷🏦 #USDC Circle has entered into a partnership agreement with Kakao and Toss Bank to explore the potential use of stablecoins as payment channels in South Korea. #stablecoin
🔮 #USDC Brian Armstrong, CEO of Coinbase, stated that AI and crypto are complementary trends, with crypto serving as the financial infrastructure for AI agents. He anticipates that these agents will eventually transact more daily than all humans combined, and mentioned that Coinbase is developing “Agentic Finance” through x402, Base, and USDC. #ai
👨💻 #USDC Circle acquires around 1000 IBM patents covering blockchain infrastructure, banking, payments, insurance, supply chains, and secure cloud operations.
The company stated that the deal makes it the largest holder of blockchain patents in the US and will support products such as USDC, Circle Payments Network, Arc, and agency financing tools.
The company stated that the deal makes it the largest holder of blockchain patents in the US and will support products such as USDC, Circle Payments Network, Arc, and agency financing tools.