usdc

According to Whale Alert, USDC Treasury, a subsidiary of USDC issuer Circle, has minted 250 million USDC on the Solana blockchain.

According to the official report from Ostium, the core of this attack lies in the intrusion of the off-chain price reporting system's permissions, unrelated to smart contract vulnerabilities. After gaining off-chain authorization, the attacker submitted forged prices (5,000 USD and 60,000 USD) to the BTC-USD market using the legally registered forwarding paths of the protocol, completing an atomic open-close arbitrage cycle within the same transaction, and starting with a rolling scale of 100 USDC. Through 8 transactions, they extracted 23.75 million USDC from the OLP treasury within 5 minutes, until the treasury's circuit breaker mechanism was triggered.The root cause is the lack of a multi-party approval mechanism at the same level as on-chain multi-signature in the off-chain infrastructure, creating a single point of permission vulnerability. The stolen funds have been converted to ETH and mixed through Tornado Cash, and tracking efforts are still ongoing.

According to official news, the decentralized all-asset trading platform Vanta will launch a trading competition with a total prize pool of 100,000 USDC at 16:00 on July 30. During the event, users can participate in the USDC reward distribution based on their trading volume. In addition, users participating in this trading competition can also simultaneously participate in Vanta's weekly points rewards.It is reported that Vanta was founded by core executives from leading trading platforms such as Bitget and OKX, and is a one-stop all-asset trading platform that combines CEX-level trading experience, self-custody, and on-chain transparency. Currently, the platform covers asset categories including cryptocurrency, stocks, gold, foreign exchange, commodities, and indices, and has launched Smart Trading and AI trading assistance features.Vanta officially opened to all users on July 16, and since the platform's launch, the cumulative trading volume has exceeded 300 million dollars. Currently, Vanta is continuously advancing its global market layout and is building localized teams in multiple countries.

Circle's Senior Director of Strategy and Policy for the EU, Patrick Hansen, pointed out that since the implementation of the EU's Markets in Crypto-Assets Regulation (MiCA), approximately 35 electronic money tokens (EMT) from 21 institutions have obtained compliance certification, with banks and electronic money institutions entering the market, showing a good momentum for local issuance.However, among the top 50 stablecoins globally, currently only USDC, USDG, and EURC meet MiCA requirements, while the rest remain outside the regulatory framework, leaving EU users facing a dual dilemma of lack of protection or being forced to cut off access. Hansen believes that for MiCA to truly become a global regulatory blueprint, it must achieve two goals simultaneously: first, to promote local EMTs to go global with competitive systems; second, to establish a recognition mechanism for compliant stablecoins from abroad, attracting global issuers into the MiCA regulatory framework, rather than making local issuance the only entry path.

According to on-chain analyst Yu Jin's monitoring, Arthur Hayes spent 6.32 million USDC to buy 3,298 ETH through over-the-counter trading via FalconX and Galaxy Digital 2 hours ago.Since July 15, Arthur Hayes has spent a total of 13.82 million USDC to buy 7,212.6 ETH, with an average purchase price of about 1,916 USD.

According to Onchain Lens monitoring, BitMEX founder Arthur Hayes (0x6cd...7e21) received 5 million USDC from Galaxy Digital OTC Desk.

According to the official announcement, Binance will remove the following leveraged trading pairs on July 30, 2026, at 14:00: full margin trading pairs A/USDC, HIVE/USDC, ILV/USDC, NEWT/USDC, MOVE/USDC; isolated margin trading pairs A/USDC, HIVE/USDC, NEWT/USDC, MOVE/USDC.Please note that the isolated margin lending services for the relevant trading pairs will be suspended on July 28 at 14:00, and all pending orders will be canceled when they are delisted. Users are advised to close their positions in advance.

CryptoQuant data shows that the fund flow of USDC on exchanges has shifted back to net inflow after experiencing over two months of net outflow.This change may indicate that the purchasing power of U.S. funds is re-entering the cryptocurrency market.

According to Whale Alert, USDC Treasury, a subsidiary of USDC issuer Circle, has minted 250 million USDC on the Solana blockchain, with a transaction amount of approximately 250 million USD.

The wallet completed the deposit in two transactions, amounting to 8 million USDC and 2 million USDC, respectively. Currently, the address holds 2.128 million CXMT short positions, valued at approximately 13.1 million dollars, with an unrealized profit of about 618,000 dollars.The historical cumulative profit and loss for this address is +792,800 dollars.

According to on-chain analyst @ai_9684xtpa's monitoring, the largest short address for Changxin Storage (CXMT) is still increasing its position. Two hours ago, this address added 2 million USDC in margin to Hyperliquid and continued to place limit sell orders through TWAP.Currently, this address holds a 1x leveraged short position of 2.072 million CXMT, with a nominal value of approximately 12.78 million USD, an average opening price of 6.4434 USD, and an unrealized profit of about 563,000 USD. In addition, there are still 435,677.8 CXMT limit sell orders at 6.11 USD that have not been executed, with a total value of approximately 2.66 million USD.

Coinbase posted on the X platform stating that users can borrow up to 100,000 USDC by staking SOL through jitoSOL, and continue to earn staking rewards, with the borrowed funds available for immediate use.

According to official news, Coinbase has added USDC-BRL support for users in Brazil.This trading pair will be available on Coinbase Exchange at launch and will gradually expand to the Coinbase website, Coinbase app, and Coinbase Advanced.

According to Whale Alert monitoring, USDC issuer Circle has minted an additional 250 million USDC through USDC Treasury.

According to Slow Fog monitoring, the decentralized finance protocol Lien Finance was attacked. The attacker exploited a smart contract vulnerability to mint uncollateralized bond tokens and stole approximately $542,000 USDC.Using this vulnerability, the attacker successfully minted new non-anomalous BondTokens without destroying the corresponding input bonds and exchanged USDC through a pre-authorized address, ultimately transferring about 542,144.63 USDC from the victim's address. Analysis indicates that this incident was essentially due to a validation flaw in the bond token exchange logic, allowing the attacker to bypass asset collateral constraints and mint unsupported assets.

According to Onchain Lens monitoring, a bearish whale has deposited 31.12 million USDC into Hyperliquid over the past 3 days and currently holds a short position of 64.9 million dollars. The latest deposit was 5.12 million USDC.The current positions include 43.93 million dollars in SKHX shorts, 17.07 million dollars in BRENTOIL shorts, as well as short positions in SMSN, HIMS, and NVDA, with the wallet being 100% short.

According to Blockaid's monitoring, the Arbitrum ecosystem protocol AFX was attacked at 5:30 AM Beijing time, targeting a cross-chain bridge operated by the protocol. So far, approximately 24.15 million USDC has been stolen. Blockaid stated that it is working with the Arbitrum team to respond to the incident, communicate with the affected protocols, and assist in freezing the stolen funds.In addition, Offchain Labs co-founder Steven Goldfeder responded on the X platform, stating that the Arbitrum team has noted the reports of the cross-chain bridge attack on Arbitrum and is investigating. Goldfeder confirmed that the related transactions originated from a third-party protocol, and the Arbitrum native bridge was not attacked or exploited. The team will coordinate with the third-party team and provide more details.

Mizuho analysts stated that if the Clarity Act, a U.S. cryptocurrency market structure bill, is passed, it may generally benefit the digital asset industry, but the long-term impact on Circle could be negative. The reasoning is that regulatory clarity will attract more large institutions into the stablecoin market, further accelerating the commodification of stablecoins and eroding the revenue space of Circle's USDC.Mizuho believes that the main pressure Circle is currently facing comes from Open USD. This stablecoin project is supported by an alliance of over 140 financial, technology, and cryptocurrency companies, including Visa, Mastercard, Stripe, BlackRock, and Coinbase. Unlike Circle's model, which retains about 38% of USDC reserve earnings, Open USD adopts a "pass-through" model, distributing nearly all reserve earnings to distributors while retaining only a small management fee. Analysts also pointed out that Coinbase, as the largest distributor of USDC, also supports Open USD, which may give it stronger bargaining power when renegotiating revenue-sharing agreements with Circle in the future. The distribution agreement between the two parties may be renegotiated as early as next month.