A $14 million smart contract scam has been tracked down by the Chinese police. According to reports from a Chinese media outlet, the team of scammers who were said to have been situated in their headquarters in the Eastern Chinese province of Fujian was infiltrated by police officials who arrested the perpetrators. Allegations go as […]
Stablecoin issuer Centre has confirmed they froze an Ethereum address holding $100,000 USDC at the request from law enforcement. Centre, the company that issues the stablecoin USD Coin (USDC) has blacklisted an Ethereum address holding $100,000 in USDC in response to a law enforcement request. In the first of its kind, the address had a […]
As the Bitcoin network indicated signs of a bullish rally in the market, the second-largest crypto, Ethereum, was not far behind in indicating signs of an upward trending market. The Etheruem network The post Ethereum network stronger than ever as DeFi, USDT_ETH grow appeared first on AMBCrypto.
Launched by the Centre Consortium in October 2018, USD Coin reached a $1 billion market cap in 21 months. USD Coin (USDC), a stablecoin project founded by Coinbase and Circle, has hit a major milestone in market capitalization. On July 3, 2020, USDC market cap broke the $1 billion threshold for the first time since […]
USDC Market Cap Exceeds $1 Billion, Fastest-Growing Digital Dollar Stablecoin to Do So USDC market cap exceeds $1 Billion, Fastest-Growing Digital Dollar Stablecoin to Do So was originally published in CENTRE blog on Medium, where people are continuing the conversation by highlighting and responding to this story.
Data from analytics firm Messari revealed that USDT has reached $10 billion in market valuation, joining Bitcoin and Ethereum as the only cryptocurrencies with a market capitalization of over $10 billion. Tether first spiked in 2019 and had remained within $4.7 billion until March this year. The increase in valuation began on March 12 when […]