Latest updates, press releases, and insights from the volatile world of digital assets.
PNC Bank has launched a limited pilot allowing eligible corporate and institutional clients to receive Circle’s USDC stablecoin payments, which convert automatically into US dollar deposits via Coinbase infrastructure
French entity winds down operations after missing EU crypto license deadline; remaining balances face monthly charges as users race to withdraw assets
Eligible US and global institutional clients gain access to Deribit liquidity for options and perpetual futures across more than 20 crypto assets, with BTC, ETH and USDC accepted as collateral
Eligible Galaxy owners in the United States can now buy, hold, send and receive USDC directly in Samsung Wallet without a separate crypto app or private keys
US businesses can now send USDC and OUSD to external wallets worldwide in a public preview, with funds typically arriving within minutes, excluding New York-based companies
Users on the crypto exchange have accused founder Sheldon Xia of blocking accounts after public appeals for 800,000 ATEG tokens and other funds held during the wind-down, as BitMart advances a court-approved restructuring plan and confirms a small hack linked to another major incident
ApeChain has chosen Chainlink's Cross-Chain Interoperability Protocol to replace its existing LayerZero framework, a shift that is prompting renewed interest in the LINK token amid plans for smoother asset movement in the Yuga Labs network
Onchain investigator links French bank with $235 billion in assets to multi-day drain of exchange accounts holding stablecoins, with potential losses higher via OTC activity
USDC issuer reports higher profit and adjusted EBITDA while booking restructuring costs and disclosing lower reserve income from declining yields
Blockchain investigator ZachXBT reported that an unidentified European Union organization lost more than $106 million from multiple centralized exchange accounts in a Nov. 1 incident involving rapid stablecoin withdrawals and subsequent laundering moves
