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What Is Arc? The Stablecoin Blockchain From USDC Issuer Circle

Arc is a new blockchain developed by Circle, the issuer of the USDC stablecoin, designed to enhance the stablecoin ecosystem. It aims to provide a more efficient and scalable infrastructure for stablecoin transactions and applications. Arc will support the issuance and management of digital assets, enabling developers to build decentralized finance (DeFi) applications. The platform emphasizes security and compliance, aligning with regulatory standards to foster trust among users. Circle plans to leverage Arc to expand its offerings and strengthen its position in the cryptocurrency market.

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Grayscale, VanEck amend US spot BNB ETF filings, stepping closer to a potential launch

Grayscale and VanEck have made amendments to their filings for U.S. spot Bitcoin Exchange-Traded Funds (ETFs), which brings them closer to a potential launch. Both firms are responding to feedback from the U.S. Securities and Exchange Commission (SEC) as they seek approval for their products. The amendments include

WETH markets return to normal operations on Aave amid rsETH recovery progress

WETH markets on the Aave platform have resumed normal operations following a recovery in the price of rsETH. This recovery has alleviated concerns that arose after a significant drop in rsETH's value. Aave's decision to restore WETH markets is seen as a positive development for liquidity

Analysts debate whether Bitcoin is in a ‘sell in May’ bear market setup

Analysts are discussing whether Bitcoin is entering a traditional "sell in May" bear market, a strategy based on historical trends where investors sell off assets in May to avoid potential downturns during the summer months. Current market indicators show mixed signals, with some suggesting a bearish trend while

Yet another crypto bridge falls victim to an $11 million hack

A crypto bridge has been hacked, resulting in a loss of $11 million in digital assets. The attack targeted the bridge's smart contract, exploiting vulnerabilities that allowed the hackers to siphon off funds. This incident marks another significant breach in the decentralized finance (DeFi) sector, raising concerns about

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Grayscale, VanEck amend US spot BNB ETF filings, stepping closer to a potential launch

WETH markets return to normal operations on Aave amid rsETH recovery progress

Analysts debate whether Bitcoin is in a ‘sell in May’ bear market setup

Yet another crypto bridge falls victim to an $11 million hack