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Crypto needs more public companies – collapse of Circle IPO indicative of industry troubles
Key Takeaways Circle issues the USDC stablecoin, the world’s fifth largest cryptocurrency with a market cap of $44 billion Circle announced plans to go public in July 2021 at $4.5 billion valuation This valuation doubled to $9 billion last February, but deal was cancelled in December Crypto needs more public companies to establish legitimacy, our […] The post Crypto needs more public companies – collapse of Circle IPO indicative of industry troubles appeared first on CoinJournal. дальше »
2023-1-26 14:42 | |
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Stablecoin Issuer Circle Blames SEC for Quashing Plans to Go Public
Circle had grand plans to go public with an IPO worth an estimated $9 billion. However, the company claims the U.S. financial regulator scuppered those plans. The post Stablecoin Issuer Circle Blames SEC for Quashing Plans to Go Public appeared first on BeInCrypto. дальше »
2023-1-26 08:41 | |
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MakerDAO Passes Proposal To Deploy $100 Million USDC In Yearn Finance Vault
In the hopes of generating yield while offering users what its best known for, MakerDAO, the issuer of the Ethereum-based stablecoin, DAI, has approved a proposal to deploy $100 million of Circle’s USD Coin (USDC) in a Yearn Finance yield-generating account called a “vault. дальше »
2023-1-26 22:00 | |
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Circle says USDC ‘is a dollar with super powers’ at WEF, pushes for more inclusion
USD Coin (USDC) founder Circle attended the World Economic Forum (WEF) to explain “why USDC is a dollar with super powers. ” The WEF took place between January 16 and January 20, 2023, in Davos and hosted over 1,500 industry leaders as well as government representatives from around the globe. дальше »
2023-1-24 17:30 | |
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Former FTX.US president raises $5 million seed round for new venture Architect
Former FTX president Brett Harrison has announced his new project has raised $5 million from investors. Backers include Coinbase Ventures, Circle Ventures and SV Angel among others. Architect is buildig new institutional-grade trading technology. дальше »
2023-1-21 17:43 | |
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Swiss web3 project raises $8.5m from Circle and others to launch blockchain bonds
Obligate (formerly FQX) has raised $8.5 million from Circle Ventures, Blockchange Ventures, SIX Fintech Ventures, and others in a seed extension funding round. The capital will enable Obligate to launch its blockchain-based bonds and commercial paper issuance platform for companies.… дальше »
2023-1-20 14:30 | |
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Circle, Uniswap Research Says DeFi Can Solve $2T FX Risk Problem
Every day, about $2.2 trillion in foreign-exchange (FX) transactions carry a risk that the yet-to-be settled side of an agreement won’t meet obligations. But a new paper from Circle Internet Financial and decentralized exchange Uniswap Labs finds that a distributed ledger could solve that problem with simultaneous settlement. дальше »
2023-1-20 02:01 | |
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Circle, Uniswap Research Says DeFi Can Solve $2 Trillion FX Risk Problem
Every day, about $2.2 trillion in foreign-exchange (FX) transactions carry a risk that the yet-to-be settled side of an agreement won’t meet obligations. But a new paper from Circle Internet Financial and decentralized exchange Uniswap Labs finds that a distributed ledger could solve that problem with simultaneous settlement. дальше »
2023-1-19 02:01 | |
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Circle: USDC stablecoin is always 1:1 redeemable for US dollars
In a recent report on the state of the USDC economy, Circle devoted a section on the stablecoin “always” being 1:1 redeemable for United States dollars. The post Circle: USDC stablecoin is always 1:1 redeemable for US dollars appeared first on CryptoSlate. дальше »
2023-1-17 16:40 | |
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A Game-Changer in the Future of NFTs – Booster Marketplace
Coinspeaker A Game-Changer in the Future of NFTs – Booster Marketplace Fellow Citizens of The HyperNation, Following our recently held event “The Circle of Convergence”, we are delighted to announce the launch of our very own ‘Booster Marketplace’, officially live on 17th November 2022. дальше »
2023-1-12 16:58 | |
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Nearly 65% of USDC reserves are held as US Treasury Bills
According to Circle’s most recent reserve report, around 65% of all USD Coin (USDC) reserves are held as US treasury bills. The post Nearly 65% of USDC reserves are held as US Treasury Bills appeared first on CryptoSlate. дальше »
2023-1-9 05:30 | |
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Prosecutors ramp up pressure on SBF associate Nishad Singh
Singh was integral in the founding of FTX, faces charges Code was written to help Alameda take out unlimited line of credit Singh and Gary Wang borrowed hundreds of millions US authorities are ramping up pressure on Sam Bankman-Fried’s inner circle as they scrutinize Nishad Singh, a former close FTX associate according to insiders. дальше »
2023-1-7 11:20 | |
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The big lesson with FTX’s collapse is onshore vs. offshore, says former Barclays CEO
Bob Diamond believes that cryptocurrency is a very broad term. The former Barclays CEO said the big lesson with FTX’s collapse is onshore vs. offshore. His firm Atlas Merchant Capital is an active investor in the stablecoin issuer Circle. дальше »
2023-1-6 16:27 | |
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Мнение: Прошлый криптогод был похож на ледниковый период
Руководитель отдела стратегического развития Circle Данте Диспарт поделился мнением о событиях в криптовалютном секторе за прошедший год и перспективах отрасли в 2023 году. В своей публикации на сайте Всемирного экономического форума (ВЭФ) Данте Диспарт (Dante Disparte) отметил растущее использование криптовалют в секторе финансовых услуг. дальше »
2023-1-6 11:10 | |
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Топ-менеджер Circle: «Прошлый год был похож не на криптозиму, а на ледниковый период»
Руководитель отдела стратегического развития Circle Данте Диспарт поделился мнением о событиях в криптовалютном секторе за прошедший год и перспективах отрасли в 2023 году. дальше »
2023-1-4 11:38 | |
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New $60M web3 fund from Axelar offers close support from Circle, Polygon & exposure to top investors
The interchain communication protocol, Axelar, has announced a $60M funding program to drive innovation for web3 startups building during the bear market. The post New $60M web3 fund from Axelar offers close support from Circle, Polygon & exposure to top investors appeared first on CryptoSlate. дальше »
2022-12-21 03:00 | |
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People want to see regulated firms that have major global accounting firms, says Circle’s CEO
Jeremy Allaire believes it is important for more crypto companies to become SEC-registered. He added that there is a need for regulated firms in the cryptocurrency space. Allaire says he stores assets on both cold storage wallets and regulated crypto platforms. дальше »
2022-12-15 11:42 | |
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FTX’s inner circle allegedly had a chat group called ‘Wirefraud’
FTX and Alameda Research top executives purportedly exchanged secret information in a Signal encrypted chat group called “Wirefraud.” According to a Dec. 12 report by the Australian Financial Review, FTX co-founder and CEO Sam Bankman-Fried, co-founder Zixiao “Gary” Wang, FTX… дальше »
2022-12-14 21:36 | |
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Router Protocol’s Circle integration makes USDC interoperable
Router Protocol, a cross-chain infrastructure platform designed to allow communication between blockchains, has integrated Circle’s Cross-Chain Transfer Protocol to make the stablecoin USD Coin (USDC) interoperable. дальше »
2022-12-13 23:56 | |
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USDC, a sudden ETH whale interest, and what it means for the stablecoin
ETH whales regain interest in USDC as stablecoin wars start to heat up USDC purchases in the last 24 hours increased in the last 24 hours Circle’s USDC stablecoin made it to the list of The post USDC, a sudden ETH whale interest, and what it means for the stablecoin appeared first on AMBCrypto. дальше »
2022-12-11 22:30 | |
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Coinbase asks users to switch USDT for the ‘reputable’ USDC
Crypto exchange Coinbase wants its users to switch their USDT for USDC. The company calls USDC the trusted and reputable stablecoin. Coinbase is a co-founder of Circle, the company that issues the USDC stablecoin. дальше »
2022-12-9 14:31 | |
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Circle plan to go public is cancelled. What does it mean for stablecoin market?
Key Takeaways Circle, issuer of USDC, has cancelled a plan to go public in a $9 billion deal Public listing could have presented USDC as the anti-Tether, pushing a fully transparent and audited angle Cancelled deal reflects pulldown in prices across the board Circle remain determined to go public eventually, but in the interim, will […] The post Circle plan to go public is cancelled. дальше »
2022-12-7 14:15 | |
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Circle terminates $9bn merger with Concord
The global financial technology firm Circle and the special purpose acquisition company (SPAC) Concord have mutually agreed to terminate their proposed merger. Circle and Concord’s long-lasting merger canceled Circle Internet Financial (Circle) and Concord Acquisition Corp. (Concord) announced today, December… дальше »
2022-12-6 22:13 | |
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Circle Forced to Scrap Deal That Could Have Given Crypto Greater Transparency
Circle Internet Financial and Concord Acquisition Group boards decided to end a SPAC agreement for Circle become a publicly-traded company. The post Circle Forced to Scrap Deal That Could Have Given Crypto Greater Transparency appeared first on BeInCrypto. дальше »
2022-12-6 21:00 | |
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USDC weekly circulating supply decreases by about 800M raising suspicion
In a regulatory filing in mid-November, Circle noted that due to the collapse of FTX and the automatic conversions of USD Coins on Binance, its performance would be materially lower than it had previously projected. дальше »
2022-12-6 18:51 | |
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Circle cancels plans to go public amid return to profitability
Circle, the company that issues the USD Coin (USDC) stablecoin, has terminated its plans to go public via a special purpose acquisition deal with Concord Acquisition Corp (NYSE:CND). The stablecoin issuer said in an announcement on Monday that the Board of Directors of both Circle and Concord had approved the cancellation. дальше »
2022-12-6 18:24 | |
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Circle and Concord terminate proposed business combination
Circle Internet Financial (Circle) and Concord Acquisition Corp (NYSE:CND) have announced the mutual termination of their proposed business combination. The post Circle and Concord terminate proposed business combination appeared first on CryptoSlate. дальше »
2022-12-5 17:15 | |
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Ripple Price Analysis & Prediction (Dec 3rd) – XRP Poised for Bull Run, No Strong Volume to Fuel Rally
Following past months of drops, Ripple found support and recovered from the extended bearish circle as it continued to trade above the yearly low. The price crashed to this low during last month’s crash but has significantly bounced back again. дальше »
2022-12-7 09:27 | |
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Can Oryen join the elite circle of Cosmos, Polygon, and Polkadot?
The altcoin world has found a new rival, Oryen Network (ORY). The novel crypto project draws the attention of crypto adherents who experienced the potentially lucrative returns of investing early in the ICO phase of similar projects. дальше »
2022-12-2 13:33 | |
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Minerva's Circle launches at DCENTRAL Miami 2022
DCENTRAL Miami, one of the world's most anticipated Web3 conferences of the year, is proud to announce its new Minerva's Circle gender equality and diversity initiative дальше »
2022-11-27 14:00 | |
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