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USD Coin (USDC) is a cryptocurrency stablecoin which is issued by Circle. It is pegged to the United States dollar , and is distinct from a central bank digital currency (CBDC). [ 1 ]
On March 10, 2023, USDC Stablecoin announced that $3.3 billion of its US$40 billion Coin reserves were held at Silicon Valley Bank when it collapsed. [34] All of the cash held as reserve has since been parked with The Bank of New York Mellon Corporation. [35] In late 2023, the company announced it had a $1 billion cash cushion. [36]
Circle, the company behind USD Coin, froze about $75,000 in USDC from Ethereum addresses belonging to the mixer. [ 11 ] [ 12 ] On 10 August 2022, Tornado Cash developer Alexey Pertsev was arrested in Amsterdam on the suspicion of "involvement in concealing criminal financial flows and facilitating money laundering through the mixing of ...
Most of the USDC in circulation is based on the Ethereum blockchain, according to Circle's website. In February, before Circle ended support for Tron-based USDC, there was around $335 million USDC ...
A Michigan woman was targeted by scammers who pretended to be from a crypto coin website and attempted to drain $50,000 from her bank account. How crypto coin scams use celebrity imposters, other ...
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A pig butchering scam (in Chinese sha zhu pan [114] or shazhupan, [115] (Chinese: 杀猪盘), translated as killing pig game) [113] is a type of long-term scam and investment fraud in which the victim is gradually lured into making increasing contributions, usually in the form of cryptocurrency, to a fraudulent cryptocurrency scheme.
USDC. 1 language. 한국어; Edit links ... USD Coin, a stablecoin cryptocurrency This page was last edited on 27 July 2023, at 00:14 (UTC). Text is available under ...