The uncollateralized receivable runs to 2028, while an Aug. 6 sensitivity puts market value 24.5% below company-calculated NAV.
The post Inside the uncollateralized deal that locked up 6 million SUI until 2028 while SUI Group trades at a 25% NAV discount appeared first on CryptoSlate.
At 10:47 a.m. ET, LRC-USD was still limit-only while 74% of displayed volume sat on four outside venues.
The post Coinbase is pulling Loopring trading today – finding a safe place to sell LRC tokens is getting complicated appeared first on CryptoSlate.
The proprietary-only entity can pursue authorized-participant work, while DTC access and a fund-distributor agreement remain separate.
The post Wintermute takes aim at Wall Street’s crypto ETF gatekeepers appeared first on CryptoSlate.
Aug. 7 is the final spending day; cardholders should finish withdrawals, rewards claims and wallet-access steps before the later date.
The post If you use a Cypher or Osmosis card, your spending dies tonight and unbacked wallets could go with it appeared first on CryptoSlate.
The low rate lasts one period; on Sept. 2, PowerCompute must repay, surrender collateral or accept repriced terms.
The post Inside the $18 million Bitcoin gamble with zero margin calls until September appeared first on CryptoSlate.
Bernstein said Circle's partnerships, regulatory approvals, and Arc launch provide additional revenue streams not reflected in estimates.
Bernstein said Circle's partnerships, regulatory approvals, and Arc launch provide additional revenue streams not reflected in estimates.
Redemptions exceeded mints, yet circulation rose 19% as lower reserve yield sharpened attention on an undisclosed ARC Token contribution.
The post USDC redemptions just outpaced mints by $4B, but a massive new token presale is quietly doubling Circle’s revenue outlook appeared first on CryptoSlate.
Tokenizing equities has generated significant interest from both crypto natives and firms like JPMorgan and Goldman Sachs.
The full balance is restricted, while scoped liens and token rights leave its freely usable share undisclosed.
The post After 3 reverse stock splits and a $13.5M loss, this real estate firm bet $8M on crypto it may not be allowed to withdraw appeared first on CryptoSlate.
Enlivex pledged commercially reasonable efforts to hold the shareholder vote within 60 days, while the second $400 million remains optional.
The post Biotech company asks shareholders to dilute stock by 951% to hoard illiquid crypto token instead of funding its own drug appeared first on CryptoSlate.
Circle won a limited-purpose trust charter from NYDFS for Circle Internet Trust Company after securing final OCC national trust approval.
Bernstein cuts Circle price target to $140 from $190, keeps Outperform, and says the Open USD threat fades as USDC supply holds near ATH.
Circle has acquired nearly 1,000 IBM blockchain patents as the USD Coin (USDC) issuer pushes deeper into the infrastructure connecting stablecoins with banks and payment networks. In a July 27 statement, the firm said the portfolio includes more than 680 patent families spanning blockchain technology, banking, financial services, insurance, enterprise infrastructure, supply-chain verification, and secure […]
The post Circle is arming USDC with 1,000 IBM patents to secure its grip on global banking rails appeared first on CryptoSlate.
WEMIX says the issuance became WEMIX and USDC.e, but final losses and user impact remain unknown.
The post Compromised owner contract just let hackers print 5.2 million WEMIX stablecoins out of thin air, forcing a complete network freeze appeared first on CryptoSlate.
Circle acquired IBM's blockchain patent portfolio of 680+ patent families and nearly 1,000 issued patents.
The 15 operators covered 99% of observed transactions, with two free-shopping cases validated and other high-impact tests deliberately bounded.
The post 31 newly discovered vulnerabilities expose 99% of x402 crypto payments to asset theft and free shopping appeared first on CryptoSlate.
Stablecoin supply has roughly doubled since January 2024, while entity-adjusted transaction volume has grown fourfold to fivefold, according to Coinbase Institutional, opening a wide gap between the amount of dollar liquidity held onchain and the volume of activity that liquidity supports. Market capitalization records the stock of stablecoins in circulation, which captures available liquidity, reserve […]
The post 8x faster than US cash: The $1T network settling millions while banks sleep on weekends appeared first on CryptoSlate.
About $31.69M in combined bridge losses and B²'s July 22 staking suspension reveal three distinct control failures.
The post Two Ethereum bridges lose $31.7M within hours as third protocol halts staking appeared first on CryptoSlate.
Coinbase will enable businesses to accept payments from AI bots, powered by Coinbase Payments and the x402 standard.
On Wednesday, the Clarity Act took one step closer to becoming law as Republicans released the latest text for the legislation.
Washington just gave one of the world's largest digital currencies a more official place in the US financial system. On July 10, Circle won final approval from the Office of the Comptroller of the Currency to open a national trust bank under federal supervision. Circle called it a major step for USDC, as the approval […]
The post Circle became a federal trust bank – now lenders warn stablecoins is projected to drain $500 billion appeared first on CryptoSlate.
Future-dated reports allegedly cleared an authorized signer check, while Ostium has yet to publish final loss accounting or a postmortem.
The post How prices from the future fooled a crypto oracle into paying out up to $24 million appeared first on CryptoSlate.
Circle suspended Heka Funds over suspected market manipulation after learning Tether had invested $800 million in the arbitrage fund.
Mizuho downgraded the stock and JPMorgan lowered earnings estimates, citing concerns that USDC is coming under pressure.
The verifier accepted identity inputs as proof, letting 250 SAUCE support $9.05 million in principal borrowing.
The post How a zeroed oracle signature unlocked $9M from Hedera DeFi lender Bonzo Lend appeared first on CryptoSlate.
Adjusted stablecoin transaction volume reached a record $1.79 trillion in June, according to Visa Onchain Analytics, up 63% from May's $1.10 trillion and 125% higher than a year earlier. Across the same four weeks, the total pool of stablecoins in circulation shrank by $7.7 billion, the largest monthly dollar decline since the TerraUSD collapse in […]
The post Stablecoins are moving more money while crypto’s cash pile gets smaller appeared first on CryptoSlate.
Stablecoin payments were priced 3.2 bps below interbank FX rates across 260 corridors in Q2, per Borderless.xyz's benchmark.
Circle National Trust starts with custody for Circle and affiliates, while outside institutional custody and USDC reserve management remain future possibilities.
The post Circle can now open a US trust bank but cannot take ordinary deposits or make loans appeared first on CryptoSlate.
Visa's adjusted June data shows L2s competing for the dollar flows that could define crypto payments.
The post Ethereum is losing ownership of crypto payments as Base moves $565B in stablecoins appeared first on CryptoSlate.