What is multichain self-custody? Multichain self-custody refers to the practice of managing digital assets across multiple blockchain ecosystems without relying on third-party custodians. It combines the concept of self-custody — direct control of cryptocurrency assets through private key ownership — with the ability to interact seamlessly across diverse blockchain networks like Ethereum Virtual Machine (EVM), Solana Virtual Machine (SVM) and…
The circulating supply of Circle’s United States dollar-backed stablecoin, USD Coin, has risen 80% from cyclical lows as onchain activity picks up, according to data from Blockworks Research. As of Jan. 2, USDC’s circulating supply is approaching $44 billion, nearly double the 2023 low of less than $24 billion, according to CoinGecko. Meanwhile, holdings are…
Binance has secured its 21st global regulatory authorization; this one from Banco Central do Brasil, the central bank of Brazil, marks a significant milestone for crypto adoption in Latin America. Binance, the world’s largest crypto exchange, was approved as a licensed broker-dealer in Brazil, the most populous country in Latin America. The approval allows Binance to…