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USDC market cap nears record $80B amid ‘capital flight’ in UAE: Analyst

The market capitalization of USD Coin (USDC) is approaching a record $80 billion, driven by significant capital flight from the United Arab Emirates (UAE). Analysts attribute this surge to investors seeking stability amid economic uncertainties in the region. The increasing demand for USDC reflects a broader trend of cryptocurrency adoption as a safe haven asset. This growth highlights the ongoing shift towards digital currencies in response to global financial dynamics.

Read the full article: Coin Telegraph

FBI Investigating After Malware Found Lurking in Steam PC Games

The FBI is investigating reports of malware hidden within popular PC games on the Steam platform. The malware is believed to be capable of stealing sensitive information from players, including login credentials and personal data. This discovery raises concerns about the security of gaming platforms and the potential risks to

Bitcoin Hit a Major Milestone—Most Miners Won't Be Around for the Next One

Bitcoin has reached a significant milestone with its block reward halving event, which reduces the reward for mining new blocks from 6.25 to 3.125 BTC. This event, occurring approximately every four years, is designed to control the supply of Bitcoin and increase its scarcity. However, many current miners

Ethereum Foundation sells 5,000 ether to Tom Lee's BitMine in $10.2 million deal

The Ethereum Foundation has sold 5,000 ether to Tom Lee's BitMine in a deal valued at $10.2 million. This transaction highlights ongoing interest in Ethereum and its ecosystem, as well as the strategic moves by investment firms in the crypto space. The sale reflects the Foundation&

Judge Rejects RICO Claims in Lawsuit Over Pastor-Led Crypto Ponzi Scheme

A judge has dismissed RICO claims in a lawsuit related to a Ponzi scheme led by a pastor involving cryptocurrency investments. The lawsuit accused the pastor and others of engaging in racketeering activities, but the court found insufficient evidence to support these claims. The pastor had allegedly promised high returns

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FBI Investigating After Malware Found Lurking in Steam PC Games

Bitcoin Hit a Major Milestone—Most Miners Won't Be Around for the Next One

Ethereum Foundation sells 5,000 ether to Tom Lee's BitMine in $10.2 million deal

Judge Rejects RICO Claims in Lawsuit Over Pastor-Led Crypto Ponzi Scheme