The Centre Consortium, co-operatively overseen by Circle and Coinbase, is currently in the process of being closed down. Consequently, Circle will be taking over the internal management of issuance and governance for the USDC stablecoin.
New Bitcoin Block
New Bitcoin Block latest news, images, analysis about Jul 10, 2024 · Bitcoin mining leader Core Scientific becomes the first to procure Block’s new ASIC technology for large-scale mining operations, built by the Proto team which leads the mining initiative and the self-custody wallet, Bitkey.
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Prior to its official launch on Wednesday as a novel layer-2 network built on Ethereum, Base had already accumulated an impressive sum of nearly $166 million on the blockchain.
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The leading Democratic representative on the House Financial Services Committee emphasized the necessity of establishing federal regulations prior to a company of PayPal's magnitude launching a stablecoin.
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