📣📣 NEWSFLASH - 06/09/23

Here are today's most significant headlines in the world of cryptocurrency and blockchain:

1️⃣  Coinbase Layer-2 Network Base Experiences First Major Outage Since Launch 🥶
   - Coinbase-incubated layer 2 network Base faced a major outage lasting nearly 45 minutes, attributed to internal infrastructure issues. The outage has since been resolved.
   - https://cointelegraph.com/news/coinbase-base-network-major-outage

2️⃣  Visa Expands Stablecoin Settlement Options to Solana ❗️
   - Visa partners with merchant acquirers Worldpay and Nuvei to support USDC payments settled on the Solana blockchain, facilitating cross-border settlement.
   - https://www.theblock.co/post/249153/visa-stablecoin-settlement-solana-ethereum

3️⃣  USD Coin (USDC) Expands to Base and Optimism Networks 🪙
   - Circle launches native versions of USDC stablecoin on both the Base and Optimism networks, enabling users to transfer USDC between networks.
   - https://cointelegraph.com/news/usd-coin-expands-base-optimism-networks

4️⃣  MetaMask Introduces Bank and PayPal Cash-Out Options 🚀
   - Crypto wallet MetaMask introduces 'Cash Out' feature, allowing users to sell Ether for fiat currency and transfer it to bank or PayPal accounts.
   - https://decrypt.co/155039/metamask-sell-transfer-withdraw-cash-out-paypal

5️⃣ Genesis Global Trading to Close U.S. Crypto Trading Desk ❌
   - Genesis Global Trading announces the closure of its U.S.-focused spot crypto trading business later this month, citing business reasons. The closure process will be coordinated with regulatory authorities.
   - https://www.coindesk.com/business/2023/09/05/genesis-global-trading-to-shutter-crypto-spot-trading-desk

These headlines highlight the dynamic and evolving nature of the cryptocurrency and blockchain space. Stay informed about the latest developments as the crypto industry continues to shape the future of finance and technology. 🌐📈 #CryptoNews #BlockchainUpdates