2024-10-24 16:55 |
The UK is expected to introduce laws regulating stablecoins within a few months, according to a spokesperson from Circle. Circle, the issuer of the USD Coin (USDC), anticipates these laws will be in place soon, as stated in a CNBC… origin »
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Key takeaways Circle’s CEO Jeremy Allaire has blamed the banking crisis in the United States for USDC’s recent struggles. USDC has lost roughly $13 billion of its value in recent months.
2023-4-26 14:12 | |
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The market cap of USDC, a stablecoin issued by Circle, has reduced nearly by half over the past six months following a regulatory crackdown and banking crisis.
2023-4-26 11:28 | |
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The plan to expand its workforce comes just months after it mutually called off its plans to go public via a SPAC merger.
2023-2-24 12:03 | |
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Circle flagged concerns about Binance's mismanagement of reserves months before New York regulators intervened, according to a Bloomberg report. The move highlights the battle between the two firms for dominance in the high-stakes stablecoin market.
2023-2-14 23:45 | |
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Investors included the venture arms of Coinbase and Circle, a former FTX portfolio company.
2023-1-21 17:15 | |
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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.
2022-12-7 09:27 | |
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Fulfilling its promise to expand to more blockchain protocols in the coming months, USDT close rival USDC has recently launched on the Hedera network. The announcement by popular stablecoin issuer Circle on Monday, October 18, makes the asset the first stablecoin to launch on the network.
2021-10-19 18:01 | |
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Cardano has been moving fast into full decentralization. A few months ago, its developer IOG and its community celebrated the dropped of the D-parameter below 0. This company has announced a complement to its Project Catalyst, poised to give ADA holders further control over the network, the Catalyst Circle.
2021-7-10 21:00 | |
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As questions circle about the network’s capacities following surging transaction costs and accelerating activity in the decentralized finance (defi) arena, Ethereum’s founder Vitalik Buterin opines that layer-2 solutions could help the network scale by a factor of 100x in mere months to meet growing demand.
2021-3-13 01:30 | |
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Over the past eight months, the market cap of USDC has surged a whopping 560%. Before the violent sell-off at the beginning of March, this stablecoin was a mere $445 million, which is ready to hit $3 billion, as per CoinGecko.
2020-11-7 19:28 | |
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The over-the-counter (OTC) desk of crypto exchange Kraken will be expanding, as the company announced today it has acquired Circle Trade, the crypto OTC desk of digital money company Circle. Circle has divested much of its crypto exchange businesses in the past months to focus on its USDC stablecoin product.
2019-12-18 00:29 | |
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Famous altcoin exchange Poloniex, which was acquired by Circle approximately 18 months ago, announced today in an effort to create a competitive internationally-focused cryptocurrency exchange, the Poloniex team and leadership are spinning out from Circle into a new independent international company, Polo Digital Assets, Ltd.
2019-10-19 19:05 | |
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Circle, the peer-to-peer tech platform, and its acquired crypto exchange platform, Poloniex has not been in very good shape and the past seven months have been quite tempestuous for the Boston-based firm.
2019-7-22 21:38 | |
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Bitcoin [BTC] and the rest of the cryptocurrency market has been on an uptrend for the past couple of months, with several people calling the December low as its bottom. Additionally, the coin also rose to its 15-month high.
2019-6-25 11:30 | |
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When Circle acquired Poloniex in the spring of 2018, it inherited a torrent of problems that had been plaguing the exchange for months. In the midst of the bull market, Poloniex was unable to scale their infrastructure and human resources to adequately address customer issues.
2019-5-29 17:00 | |
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By CCN: Robinhood has brought its popular commission-free crypto trading app to New York investors. The California-based startup announced Thursday that it is launching bitcoin, ethereum, and other cryptocurrency trading services in New York.
2019-5-25 16:48 | |
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Circle, a U. S-based fintech firm has completed the acquisition process of SeedInvest in a bid to establish a robust token marketplace that would allow businesses as well as individuals to raise capital via open crypto rails and infrastructure, according to a blog post March 4, 2019.
2019-3-7 22:00 | |
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In a bid to combat falling trade volumes and the bear market that has claimed several of its peers, Circle is reportedly trying to raise $250 million in funding according to a March 2, 2018 report from The Information.
2019-3-4 17:00 | |
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On Feb. 27, Boston-based cryptocurrency finance firm Circle announced a partnership with Nice Actimize financial crime detection and prevention technologies unit. Circle follows other large cryptocurrency exchanges that have opted to add a compliance and surveillance solution.
2019-2-27 21:35 | |
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Today, November 14, 2018, the New York State Department of Financial Services (DFS) announced that it has approved the application of NYDIG Execution LLC, a subsidiary of NYDIG LLC, for a virtual currency license and a money transmission license.
2018-11-15 01:22 | |
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With the volatility of the crypto market, stablecoins, cryptocurrencies backed by assets such as fiat currencies or precious metals, have been gaining in popularity in recent months. For investors that want to include some stablecoin in their digital portfolios, there is a new kid on the block.
2018-10-24 19:59 | |
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If anyone has watched the headlines today, and even in the last few months, it is clear that cryptocurrency is in need of regulation. Multiple countries are working to find ways that work within their own economies to somehow govern the decentralized digital assets.
2018-10-23 03:43 | |
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Circle, the Boston-based Goldman Sachs-backed tech company founded by Jeremy Allaire and Sean Neville in 2013, has been in the headlines in recent months with its various acquisitions in the crypto space.
2018-10-18 19:44 | |
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A strong round of buys hit the market this weekend as unsubstantiated rumors began to circle surrounding Tether and Bitfinex’s potential insolvency. I won’t be going into the details surrounding the allegations because, like I said, they are nothing more than unsubstantiated rumors.
2018-10-17 01:03 | |
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Tether’s peg is slipping, and an exchange-wide firesale has led to major price discrepancies between bitcoin’s BTC/USDT and BTC/USD trading pairs across the market.
2018-10-16 22:06 | |
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Chart for LTC/USD (1W) Gemini just announced Litecoin (LTC) support. A new exchange backed by TD Ameritrade has already made clear its intention to list Litecoin (LTC). Coinbase already has it and so does Circle.
2018-10-13 18:00 | |
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GMO Internet Group is working to launch a stablecoin by 2019. In an announcement released on Tuesday, October 9, 2018, the Japanese IT conglomerate said it is putting all gears in place to begin building its stablecoin, called the GMO Japanese Yen (GJY).
2018-10-10 02:10 | |
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A few a months ago, we launched “Buy the Market” - a way for our customers to buy all our listed assets in one tap. This feature was so successful that over 30% of our users are taking advantage of it. Today we are building upon this theme through the
2018-10-5 14:55 | |
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Stablecoins have garnered serious investor attention over the past few weeks. Unlike bitcoin and similar cryptocurrencies, they are digital assets built to lessen price volatility and are often paired against the U.
2018-9-29 01:06 | |
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On September 26th, Circle announced the release its new stablecoin USD Coin (USDC), which will begin trading on Circle’s Poloniex exchange immediately. The new USDC stablecoin will be fully collateralized by USD at a 1:1 ratio.
2018-9-27 09:00 | |
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Crypto Startup Circle Finally Launches In-House Stablecoin Circle, a Boston-based cryptocurrency-focused startup, has hinted at its plans to launch a stablecoin cryptocurrency for months on end, divulging that it had partnered with Bitmain to issue a USD-backed crypto asset in May.
2018-9-27 06:00 | |
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In recent cryptocurrency surveys, a poll of 100,000 Chinese citizens has found that 3% have invested in cryptocurrencies, and a survey conducted by Circle has found that a quarter of millennials would like to invest in crypto assets in the next 12 months.
2018-9-26 01:15 | |
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Cryptocurrency exchange Poloniex is delisting eight coins: BitcoinDark (BTCD), Bitmark (BTM), Einsteinium, (EMC2), Gridcoin (GRC), NeosCoin (NEOS), PotCoin (POT), VeriCoin (VRC) and BitcoinPlus (XBC).
2018-9-20 01:10 | |
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Following a successful launch in California only a few months ago, the U. S. branch of cryptocurrency exchange OKCoin is adding five new coins to its listings. Those coins include Ripple (XRP), Cardano (ADA), Stellar lumens (XLM), Zcash (ZEC) and 0x (ZRX).
2018-9-20 16:49 | |
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The EOS token, the cryptocurrency token of the EOSIO open source blockchain protocol, has been added into cryptocurrency trading platform Poloniex. EOS deposits and withdrawals are currently live and trading in EOS/USDT, EOS/BTC, and EOS/ETH pairs will be enabled on August 1, 2018, Circle said on Tuesday.
2018-8-1 18:55 | |
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Circle announced today it has introduced EOS markets to crypto exchange Poloniex. Circle acquired Poloniex five months ago and has since keyed in on improving the core product along with improving exchange performance.
2018-7-31 19:18 | |
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Although the ideas behind the current Ethereum protocol have largely been stable for two years, Ethereum did not emerge all at once, in its current conception and fully formed. Before the blockchain has launched, the protocol went through a number of significant evolutions and design decisions.
2018-7-21 23:03 | |
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Kraken co-CEO Arjun Sethi argues that the U.K’s rules on the promotion of virtual assets is hurting the consumer experience and may deter potential users from investing in crypto. According to a report by the Financial Times, Kraken co-CEO Arjun…
If the UK softens its stance towards stablecoins, it could pose risks to financial stability and trigger a credit crunch, according to the Bank of England’s deputy governor, Sarah Breeden, who has recently defended the central bank’s proposed holding limits…
Zhimin Qian, the Chinese “cryptoqueen” arrested for masterminding a $5.5 billion Bitcoin scam, has received an 11-year jail sentence in the U.K.
Coinbase is taking another step toward blending crypto with everyday finance in the UK with the introduction of a new savings account for GBP balances. Coinbase has introduced a new savings account product for customers in the United Kingdom, offering…
With a comprehensive crypto policy, the UK can position itself as the bridge between traditional finance and the digital future.
The UK is preparing to set clearer rules for stablecoins in an effort to stay aligned with global regulatory developments. The consultation marks a major step in the UK’s plan to shape a stablecoin framework that mirrors the pace of…
UK inflation remains stubbornly high at 3.8%, keeping the Bank of England cautious on interest rate cuts. What does it mean for crypto? UK inflation holds steady at 3.8% amid mixed price trends The latest data from the Office for…