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Circle looks to reaffirm commitment to transparency as USDC market share soars
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"With USDC, our business model is minimizing risk, not taking and managing risk,” wrote Jeremy Fox, Circle's chief technology officer.

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DeFi protocol Porter Finance shuts down bond issuance platform after just one month
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The firm cited better interest rates from traditional finance loans and regulatory risks in mulling the bond platform.

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NFT platform wars could be ahead, says new DappRadar report
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OpenSea, UniSwap, MagicEden, eBay and others are acquiring NFT aggregation tools and taking a stand to gain market share of the evolving NFT ecosystem.

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Hardware crypto wallet sales increase as centralized exchanges scramble
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Hardware wallet providers are seeing increases in revenue in this bear market as crypto investors withdraw assets off centralized exchanges.

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Bitcoin mining stocks rebound sharply despite a 70% drop in BTC miners’ revenue
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The rally across top Bitcoin mining stocks could trap bulls as BTC price sentiment remains gloomy.

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What does a bear-market ‘cleanse’ actually mean?
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The latest bear market should send a clear signal to projects: It’s all about finding a problem that needs to be solved, and actually using your product to ...

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Majority of British crypto owners revealed to be hodlers: Survey
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In the U.K., crypto owners prefer centralized exchanges and claim their assets to be largely profitable.

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Web3 will unite users from social media platforms, says Aave exec
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At this year’s NFT.NYC conference, Aave executive Christina Beltramini shared detailed insights into the platform’s recent launch and future vision.

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Salary payments in USDT stablecoin ruled as illegal in the Chinese court
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Tether USDT stablecoin cannot be used for salary payments, a Chinese court ruled, citing the country’s blanket ban on all types of crypto transactions.

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El Salvador’s Bitcoin wallet Chivo scores $52M in remittances in 2022
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El Salvador payment app Chivo processed $52 million in remittances over the past 6 months, as expatriates make use of commission-free BTC transfers.

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