USDC circulation decreased by 300 million coins in the past week
According to data from the Circle official website , Circle issued a total of 1.3 billion USDC in the past 7 days, redeemed 1.6 billion USDC, and reduced the circulation by 300 million USDC. As of November 9th, the total circulation of USDC was 24.1 billion, with a reserve of 24.2 billion US dollars, including 1.3 billion US dollars in cash, and the Circle Reserve Fund held 22.9 billion US dollars.
Crypto market maker Wincent launches new USDC borrower pool on decentralized lending market Clearpool
Clearpool, an investment portfolio under HashKey Capital, announced that the crypto market maker Wincent Investment Fund has launched a new USDC borrowing pool on its decentralized lending market based on the Optimism mainnet. Data shows that the current liquidity pool size has reached 12,163.41 USDC. It is reported that Wincent is a creditor of the bankrupt crypto exchange FTX and also a member of the FTX unsecured creditors committee.
Scam Sniffer: An address lost $190,000 in USDC to a phishing scam
Scam Sniffer on X platform stated that about 56 minutes ago, an address lost USDC worth $190,000 due to phishing scams, and the victim's tokens were stolen by the scammer by approving the ERC20 Permit message.
Moonbeam Network: Native USDC is now available on Moonbeam
On November 7th, Moonbeam Network announced on X platform that native USDC can now be used on Moonbeam and can be transferred from Polkadot Asset Hub to the network through Moonbeam DApp.
USDC circulation decreased by 600 million in the past week
According to data from the Circle official website, Golden Finance reported that Circle issued a total of 1.2 billion USDC and redeemed 1.8 billion USDC in the past seven days, reducing the circulation by 600 million USDC. As of November 2nd, the total circulation of USDC was 24.4 billion, with a reserve of 24.5 billion US dollars, including 1 billion US dollars in cash, and the Circle Reserve Fund held 23.5 billion US dollars.
Wintermute exchanged approximately 320,000 LINK for 3.61 million USDC on Uniswap
According to Scopescan monitoring, Wintermute related address exchanged about 320,000 LINK for 3.61 million USDC on Uniswap 2 hours ago.
A giant whale sells more than 320,000 LINK and is expected to make nearly $135,000 in profit
According to data monitored by Spot On Chain, a whale sold 320,291 LINK for an average price of $11.182 in the past 30 minutes, in exchange for 3.58 million USDC. The whale accumulated these LINK through Wintermute from Binance at an average price of $10.74 ($3.44 million) before the price rise, with an expected profit of $135,000 (+3%).
MakerDAO transfers $250 million from Coinbase to secure DAI peg
MakerDAO transferred $250 million from Coinbase to the DAI Peg Stabilization Module (PSM) to maintain the peg after the USDC reserve in DAI (which needs to exceed at least $200 million to be considered safe) approached dropping below $60 million earlier today. PSM is a collateral pool that allows users to mint DAI by exchanging USDC at a 1:1 ratio and arbitrage DAI back to being pegged to the dollar. If the PSM reserve is depleted, the price of DAI may be higher or lower than $1.
DCF GOD spent 40,000 USDC to purchase 866.67 UNIBOT
According to data monitored by Spot On Chain, DCF GOD seems to have spent 40,000 USDC at an average price of $46.154 to buy 866.67 UNIBOT about 30 minutes ago. After the hacker attack, the price of UNIBOT plummeted by nearly 40%.
20,789 USDC stolen from one address
According to Lookonchain monitoring, a certain address received 20,789 USDC and spent 1,000 USDC to purchase Milk. 19,789 USDC was stolen by the Unibot attacker, but they haven't noticed yet. They sold Milk for 2,194 USDC and earned 1,194 USDC (+120%), but 2,194 USDC was stolen again after one hour.
