How to buy USDC on Base: A step-by-step guide

January 9, 2025 Coin Telegraph

BASE

Learn how to buy USDC on the Base Network with this step-by-step guide, which covers the essentials, including wallets, buying USDC and bridging to Base Network.

USD Coin (USDC) is a stablecoin cryptocurrency that is pegged 1:1 to the US dollar. That means 1 USDC is always $1. It is issued by Circle and has grown to become a top 10 cryptocurrency with a market cap of over $40 billion by the end of 2024.

The stablecoin is available on most major cryptocurrency exchanges and is widely accepted in the digital economy. Additionally, it is available across a number of different blockchains, including the Base Network.

Below, you will learn the step-by-step process of buying USDC on the Base Network. In addition, you’ll get a complete rundown of how the Base Network links to the Ethereum blockchain. So, by the end, you understand how to purchase and start using USDC safely and effectively.

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Bank of America Bracing for $800,000,000 Loss As Investigators Probe BofA, JPMorgan Chase and Wells Fargo’s Alleged Refusal To Reimburse Customers

November 9, 2024 The Daily Hodl

bank

The second-largest US bank by total assets says it’s preparing for significant losses due to ongoing regulatory issues. In a new filing with the U.S. Securities and Exchange Commission (SEC), Bank of America says it faces a “reasonably possible and estimable” loss of up to $800 billion due to investigations from the Consumer Financial Protection […]

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MicroStrategy Shareholders Vote To Increase Number of Shares in Order To Fund Bitcoin (BTC) Purchases

Mysterious Mastercard Data Breach Triggers Bank Warning As Customers Urged To ‘Pay Close Attention’ To Money Movements

November 9, 2024 The Daily Hodl

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A US bank is warning customers of a security “intrusion” that may have compromised Mastercard account numbers and other financial data. Maryland-based Eagle Bank says it has received a notice from Mastercard, stating an unnamed US merchant allowed unauthorized access to account information between August 15th, 2023, and May 25th, 2024. The bank revealed the […]

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Three US Banks Reveal Data Breaches, Exposing Hundreds of Customers’ Personal and Account Information

October 12, 2024 The Daily Hodl

bank

Three US banks are warning customers that their sensitive personally identifiable information has been exposed. In a filing with the Office of the Vermont Attorney General, Citizens Bank says it suffered a breach in the first half of this year. “On July 10, 2024, Citizens was alerted to an incident where images containing your personal […]

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India, Nigeria, Indonesia Lead Chainalysis 2024 Crypto Adoption Index

September 12, 2024 Bitcoin.com

Bitcoin

India, Nigeria, and Indonesia top Chainalysis’ latest global crypto adoption index, which ranks 151 countries based on grassroots cryptocurrency usage, adjusted for population and purchasing power. The report notes strong growth in crypto activity, particularly in lower-income nations. Chainalysis Highlights Global Cryptocurrency Adoption Blockchain data analytics firm Chainalysis published an excerpt from its 2024 Geography […]

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India’s FIU Considers Approving More Offshore Crypto Exchanges

September 6, 2024 Bitcoin.com

AML

India’s Financial Intelligence Unit is reportedly reviewing four offshore cryptocurrency exchanges for potential approval to resume operations following the lifting of bans on Binance and Kucoin. The focus is on ensuring compliance with anti-money laundering regulations, including transaction transparency and reporting of suspicious activity. FIU-India May Permit More Offshore Crypto Exchanges Next Year India’s Financial […]

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Dormant Bitcoin Wallet From 2014 Moves $10.2M—After a Decade

August 16, 2024 Bitcoin.com

Dormant Bitcoin Wallet From 2014 Moves .2M—After a Decade

$10.2 million.

On Aug. 16, 2024, with bitcoin (BTC) hovering above the $58,000 mark, a bitcoin wallet that had been untouched since Jan. 8, 2014, moved 174.88 BTC for the first time in over a decade. Back when the funds were initially secured by the P2PKH (Pay to Public Key Hash) address, they were valued at $151,970. […]

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Billion-Dollar Bank Paying $44,000,000 Fine for Allegedly Freezing Customers’ Accounts, Charging Hidden Fees, Deceiving Customers

July 29, 2024 The Daily Hodl

bank

A Texas-based bank holding company is agreeing to pay a $44 million fine to the Federal Reserve for a long list of alleged consumer protection violations. The Federal Reserve Board of Governors says it has taken enforcement action against Green Dot for engaging in numerous unfair and deceptive practices and running a non-compliant consumer risk […]

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Ethereum Foundation wallet moves 92K ETH after 7 years

July 25, 2024 Coin Telegraph

Business

The Ether, worth roughly $290 million at the time of publication, had been at the same address since 2017.

A wallet associated with the Ethereum Foundation has transferred roughly $290 million in Ether after seven years of no movement.

According to data from blockchain analytics platform Arkham Intelligence, an address potentially connected to the Ethereum Foundation moved roughly 92,500 Ether (ETH) on July 25. According to Etherscan, the funds had not moved from the recipient address at the time of publication.

It’s unclear whether the Ethereum Foundation was responsible for moving the funds. Cointelegraph reached out to a spokesperson for comment but did not receive a response at the time of publication.

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JPMorgan Chase, Wells Fargo and Bank of America Playing ‘Heads I Win, Tails You Lose’ With Customers As Hundreds of Millions of Dollars Disappears on Zelle: US Senator Richard Blumenthal

July 21, 2024 The Daily Hodl

bank

A group of banking giants led by JPMorgan Chase, Wells Fargo and Bank of America are playing a dangerous game with their customers’ money, according to US Senator Richard Blumenthal. The Democrat and Chairman of the Permanent Subcommittee on Investigations has released a statement as a Congressional hearing on millions of dollars in fraud on […]

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