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Circle Mulls Reversible USDC Stablecoin Transactions in Push for TradFi Adoption

Circle, the issuer of the USDC stablecoin, is exploring the possibility of enabling reversible transactions to cater to traditional finance (TradFi) needs. This initiative may enhance the integration of stablecoins within TradFi but poses a conflict with blockchain's core principle of transaction immutability. Circle President Heath Tarber noted

CleanSpark secures second BTC-backed credit line this week without share dilution

CleanSpark, a Bitcoin mining company, has secured a second $100 million credit line without diluting shares, facilitated by Two Prime. This brings CleanSpark’s total borrowing capacity to $400 million, enhancing its plans for data center expansion and increased Bitcoin hashrate capacity. The new credit line is entirely backed by

How Bitcoin Traders Are Preparing Ahead of Inflation Data—And What Comes Next

Bitcoin is trading around $111,336, reflecting a decline of 1.8% in the past 24 hours as traders brace for key U.S. inflation data set to influence the Federal Reserve's next interest rate decision. With a significant majority of prediction market users forecasting a drop to

CleanSpark secures second BTC-backed credit line this week without share dilution

CleanSpark, a Bitcoin mining company, has secured its second $100 million credit line this week, bringing its total borrowing capacity to $400 million. This new facility, arranged with Two Prime and backed by CleanSpark's Bitcoin treasury, allows the company to avoid share dilution while enhancing its liquidity. CleanSpark

Spark integrates PayPal USD into its stablecoin lending markets

PayPal has collaborated with the decentralized finance (DeFi) protocol Spark to enhance liquidity for its US dollar stablecoin, PayPal USD. Since its launch in August on SparkLend, the lending market focused on stablecoins, PayPal USD has garnered over $135 million in deposits. SparkLend operates on the Spark Liquidity Layer, supported

Tech Giant Cloudflare to Launch NET Dollar Stablecoin for 'AI-Driven Internet'

Cloudflare is set to launch its own U.S. dollar-backed stablecoin, named the NET Dollar, aimed at advancing the future of AI-powered finance on the internet. Cloudflare CEO Matthew Prince stated that the internet's business model is shifting from traditional ad platforms and bank transfers to a model

These AI Bots Will Trade Your Crypto Across Solana, BNB Chain and Base

AIQuant has launched a crypto trading platform featuring customizable AI agents designed for trading across multiple blockchains, including Base, Solana, and BNB Chain. The platform, aimed at democratizing high-frequency trading, allows users to create and deploy autonomous agents that analyze market data and execute trades without human emotion. This process