According to the announcement from Binance, the exchange will perform wallet maintenance for USD Coin (USDC) withdrawals via the SEIEVM network at 2026-08-04 07:00 (UTC). To support the maintenance, USDC withdrawals through the SEIEVM network will be suspended starting from 2025-08-04 06:55 (UTC) a…
A Bank of Italy study found that stablecoin-based remittances did not offer a systematic cost or speed advantage over traditional payment channels, as fiat on- and off-ramp frictions accounted for most costs and transfer delays.Researchers tested 200 USDC (USDC) remittances across 10 bidirectional…
Bernstein lowered its price target on Circle (CRCL) to $140 from $190 while keeping an Outperform rating, telling clients the Open USD consortium that pressured the stock is a lesser threat than the market believes.The note, led by analyst Gautam Chhugani and published Wednesday, previews a broadly…
Verus-Ethereum Bridge has suffered a second exploit in just about two months after an attacker drained roughly $7.54 million in crypto assets on Wednesday by exploiting the same vulnerability class used in the protocol's May breach, according to blockchain security firm Blockaid.In a post on X, Blo…
