Crypto News·
Bermuda is moving government payments onto Stellar, piloting USDC‑based rails with Circle and Coinbase as it chases a fully on‑chain national economy and cheaper cross‑border flows. The government of Bermuda is moving elements of its public payment infrastructure onto the…
Read full articleThe Graph has activated x402 payments inside its Graph Gateway, allowing developers and AI agents to purchase on-chain data queries on a pay-per-request basis using USDC, according to an announcement from the project’s official X account. The team said that “Graph Gateway…
The post Stellar holds a bullish bias as momentum indicators improve appeared on BitcoinEthereumNews.com. Key takeaways Stellar continues consolidating between its 50-day and 100-day EMAs. CryptoQuant data suggests a neutral-to-bullish outlook for XLM. On-chain and derivatives data support a mild bullish outlook Stellar traded cautiously on Tuesday, but improving on-chain activity and derivatives positioning continued to support expectations for a potential upside breakout in both altcoins. According to CryptoQuant summary data, Stellar reflects buy-side dominance with largely neutral market conditions, pointing to a mild bullish bias despite the lack of a decisive breakout. CoinGlass data shows the OI-weighted funding rates for XLM flipped positive on Friday and remained positive on Tuesday at 0.0030%, respectively. Positive funding rates indicate that long-position holders are paying shorts, reflecting growing bullish positioning among traders. Stellar technical outlook: Consolidati
Key takeaways Stellar continues consolidating between its 50-day and 100-day EMAs. CryptoQuant data suggests a neutral-to-bullish outlook for XLM. On-chain and derivatives data support a mild bullish outlook Stellar traded cautiously on Tuesday, but improving on-chain activity and derivatives positioning continued to support expectations for a potential upside breakout in both altcoins. According to CryptoQuant […] The post Stellar holds a bullish bias as momentum indicators improve appeared first on CoinJournal.
Circle just beat earnings and raised fresh capital for its new Arc blockchain, while Michael Saylor explained how and why he'd sell Bitcoin.
The post Huma Finance exploit Polygon: $101,000 loss from V1 pools appeared on BitcoinEthereumNews.com. A Huma Finance exploit Polygon incident has put a familiar DeFi problem back in the spotlight: old contracts can stay dangerous long after a protocol has moved on. Huma Finance said roughly $101,000 was drained from its deprecated V1 BaseCreditPool contracts on Polygon on May 11, but user deposits were not affected. The attacker pulled out 82,316 USDC and 19,075 USDC.e through unauthorized drawdowns, according to the protocol’s disclosure. Just as important for users, Huma said the losses were limited to pool owner fees and protocol fees, not customer funds. That distinction matters. In crypto, the words “exploit” and “drained” can quickly trigger fears of wider contagion. Here, Huma drew a sharp line between the older Polygon-based system that was hit and the parts of the project still running normally, including PayFi Strategy Token (PST) and Huma’s V2 deployment on Solana. Huma Fi
The post Circle’s Q1 USDC revenue, profit dip; ARC presale wins appeared on BitcoinEthereumNews.com. Homepage > News > Business > Circle’s Q1 USDC revenue, profit fall but ARC token presale a winner USDC stablecoin-issuer Circle (NASDAQ: CRCL) saw its Q1 profits slip but got a major boost from a nine-figure presale of its brand new Layer-1 network token. Figures released Monday show Circle’s total ‘revenue and reserve’ income hitting $694 million in the first three months of 2026, one-fifth higher than the same period last year. However, it’s down from the $770 million reported in Q4 2025 and from $740 million in last year’s Q3. Circle’s revenue primarily comes from interest on the reserve assets backing USDC (mostly U.S. Treasuries), and while USDC’s market cap grew 28% year-on-year during Q1, the average 3.5% return on those T-bills was down by 66 basis points. Reserve income still managed to rise 17% to $653 million, while ‘other’ revenue from subscription & services and transactio
Coinbase's handling of Monad's token sale highlights the challenges of scaling new infrastructure, impacting user liquidity and market dynamics. The post Coinbase users face delays in sending and receiving Monad tokens and MONUSDC appeared first on Crypto Briefing.
The post JUST (JST) Holds $0.0889 as DeFi Sector Tracks $3 Billion Circle Arc Launch and Solana Alpenglow Upgrade appeared on BitcoinEthereumNews.com. JUST News Circle is positioning itself as more than a stablecoin issuer with the upcoming launch of Arc, a purpose-built blockchain valued at roughly $3 billion following a $222 million token presale. The round drew capital from a16z crypto, Apollo, BlackRock and ARK Invest, and shares of the USDC issuer climbed more than 15% on the announcement day. CEO Jeremy Allaire pitched Arc as an institutional-grade rail for tokenized finance and payments, designed to be operated by regulated financial firms. The development is closely watched across the DeFi landscape, where stablecoin infrastructure plays a central role in liquidity flows on networks like Tron, where JST operates. OpenAI has unveiled the OpenAI Deployment Company, a majority-owned subsidiary aimed at embedding specialized engineers inside enterprises running complex AI projects.
