Summary:
Circle processed nearly 15,000 burn transactions in 24 hours removing $1.49 billion, demonstrating the scale of daily redemption operations
November burns totaled $19.38 billion through the 13th, tracking toward the $40-50 billion monthly average
Recent months maintained consistent turnover with October at $47.97 billion, exceeding USDC's total $39 billion supply
Nov. 13 (Crypto-News.Net) -…
News
Circle launches StableFX on Arc testnet, enabling institutional onchain FX trading with USDC and global stablecoin partners.
The Graph adds C support with Token API and Substreams, offering real-time data access and improved tools for high-volume DeFi apps.
Bitcoin’s 30-day implied volatility breaks a year-long downtrend, signaling sharper price swings amid liquidity and macro risks.
German court rules OpenAI violated copyright by training ChatGPT on GEMA lyrics; company plans to appeal the decision.
Coinbase and BVNK ended $2B acquisition talks mutually, halting plans to expand Coinbase’s stablecoin infrastructure strategy.
China accuses the US of hacking and seizing 127,000 BTC from the LuBian mining pool, worth $13B, sparking geopolitical tension.
PrizePicks partners with Polymarket to bring federally regulated prediction markets to U.S. users through a multi-year deal.
GPUS stock rose approximately 8% in early trading on Nov. 11 following the 6:00 AM EST announcement, according to data from Seeking Alpha.
Hyperscale Data's market capitalization was $116.27 million based on the Nov. 10 closing price, according to Yahoo Finance.
The company aims for a $100 million digital asset goal and provides weekly Tuesday…
Uniswap proposes “UNIfication,” merging governance, activating protocol fees, and burning 100M UNI tokens.
