Bitcoin (BTC) $76,676.64 -0.54%
Ethereum (ETH) $2,124.82 0.26%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 84.935901 -0.10%
Dogecoin (DOGE) $0.10 -2.33%
Cardano (ADA) $0.25 0.26%
Chainlink (LINK) $9.62 1.19%
Litecoin (LTC) $54.24 0.33%
Dash (DASH) $42.90 5.86%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.831701 4.23%
X-Cash (XCASH) 7.0E-6 -0.84%

Cryptocurrencies: 28960

Markets: 114116

Market Cap: $2,557,594,794,866

24h Vol: $95,209,059,350

Coin Edition

2023-02-10 11:32:00

$4.7 Billion USDC Burned From Coinbase, Possible SEC Effect?

$4.7 Billion USDC Burned From Coinbase, Possible SEC Effect?

Blockchain security and data analytics company PeckShield recently identified a $4.7 billion USDC burn from Coinbase alone. This was a follow-up to a $175 million USDC burn. PeckShield believes it could possibly be due to the recent SEC crackdown on cryptocurrency staking. Rumors were out on the street that the U.S. Securities and Exchange Commission The post $4.7 Billion USDC Burned From Coinbase, Possible SEC Effect? appeared first on Coin Edition .

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