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Circle, the company behind stablecoin USDC, has said its $9bn plans to go public didn’t go through because the Securities & Exchange Commission (SEC) did not sign off on it.

The stablecoin will be minted by ADA holders and is expected to be immediately integrated into several Cardano dApps upon launch.

Australian cryptocurrency exchange Digital Surge has been bailed out after creditors approved a long-term recovery plan.

Crypto market capitalization dropped 3.5% in the past 24 hours following a decline in U.S. equity markets.

The largest cryptocurrency has been holding steady near this threshold as investors remain hopeful about inflation and the economy.

The German carmaker’s NFT collection mint was met with backlash from the community and served as a lesson for big brands looking to meaningfully build their Web3 strategy.

Also: Binance mixed customer funds with B-Token collateral ‘by mistake.’ Equities closed mixed.

The challenge is part of a week-long educational game that has received support from 12 major partners, including Blockstream, Trezor, BTCPay and others.

The court action seeks damages from the Bitcoin Cash backer Roger Ver related to the alleged failure to settle cryptocurrency options transactions that expired on Dec. 30, 2022.

If the proposal passes, the latest iteration of the Aave protocol will come to the Ethereum blockchain, Aave’s first and largest market.