Key Takeaways Tether and Circle will only support assets on Ethereum’s Proof-of-Stake chain following the Merge, both companies announced today. Tether said the Merge shouldn’t be “weaponized” against...
Tag: Circle
Circle to ‘fully and solely support Ethereum PoS’
USD Coin (USDC) issuer Circle has revealed that it would fully support the Ethereum (ETH) proof-of-stake (PoS) chain post-merge. According to an Aug. 9 blog post, the stablecoin issuer was looking for...
USDC-Maker Circle Moves To Ban Tornado Cash Addresses After US Treasury Blacklists the Crypto Mixer
USD Coin (USDC) issuer Circle has blacklisted wallet addresses associated with popular crypto-mixing service Tornado Cash. On August 8th, the US government said it was banning Americans from using Tor...
“A Major Policy Issue”: Circle CEO Criticizes Tornado Cash Sanctions
Key Takeaways Circle CEO Jeremy Allaire has criticized the U.S. Treasury’s decision to sanction Tornado Cash, saying that sanctioning open source software marked a pivotal point in the history of the ...
Infura and Circle Cut Off Tornado Cash Following Sanctions
The U.S. government has been targeting crypto entities that they claim can enable bad actors to transact outside of the financial system, crypto exchange Tornado Cash was the latest addition. The Ethe...
Blocklisting of addresses of Tornado Cash continues for Circle
According to cryptocurrency data aggregation site Dune Analytics, Circle, the creditor of the infamous USD Coin virtual currency, froze more than 75,000 USDC in investments connected to 44 Tornado Cas...
Circle Freezes All Blacklisted Tornado Cash A…
The USD coin (USDC) issuer, Circle, has frozen around 75,000 USDC worth of funds linked to 44 Tornado Cash addresses listed in the US Treasury Department’s sanctions against the protocol. The issue wa...
Circle freezes blacklisted Tornado Cash smart contract addresses
Crypto data aggregator Dune Analytics said that, on Monday, Circle, the issuer of the USD Coin (USDC) stablecoin, froze over 75,000 USDC worth of funds linked to the 44 Tornado Cash addresses sanction...
Circle ‘blacklists’ all Tornado Cash ETH addresses effectively freezing USDC
Circle’s USDC has “blacklisted” all Ethereum addresses owned by Tornado Cash listed in the US Treasury Department’s sanction against the protocol. A Twitter bot named USDC Blacklist, which scrapes the...
Circle, GitHub Comply With Tornado Cash Sanctions
Key Takeaways Circle and GitHub are enforcing sanctions against Tornado Cash introduced by the U.S. Treasury earlier today. Circle has blacklisted the relevant addresses, while GitHub has suspended th...
Nomad, Slope Hacks Create New Annoyance for Their Shared Backer Circle Internet Financial
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Merit Circle and Cantina Royale to Reshape the Destiny of Web3 Gaming
On the spacecraft to Cantina Royale, The Merit Circle DAO will be traveling with Cantina! They aim to introduce Web3 videogames and the P2E prototype to a wider audience. With Merit Circle, they are p...
Bitcoin due ‘one of greatest bull markets’ as July gains circle 20%
Bitcoin (BTC) spoofed a breakout to fresh six-week highs into July 31 as a showdown for both the weekly and monthly close drew near. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “...
Merit Circle and Saga Protocol Enter Into Partnership
Merit Circle has announced its partnership with Saga Protocol, where Saga Protocol commits to bringWeb3 infrastructure to the table, making it better for game developers and the Web3 community. Merit ...
USDC issuer Circle lays out its hopes for coming stablecoin policy
Dante Disparte, the leader of Circle’s government work, on July 18 published a set of 19 principles for stablecoin regulation, as part of the company’s efforts to shape US stablecoin polic...
Circle CSO lays out policy principles for stablecoins in US
Dante Disparte, Circle’s chief strategy officer and head of global policy who has previously testified at congressional hearings, has called on United States lawmakers to balance the risks with develo...
UK Treasury disclosures for first quarter reveal meetings with top crypto execs
UK Treasury disclosures for the first quarter of 2022 reveal a number of meetings between top officials and crypto companies. The HMT Ministers’ Meetings log, published on the UK government web...
Circle Publishes Inuagural USDC Reserve Treasury Report for June
Co-Founder and CEO of Circle, Jeremy Allaire has announced the release of the company’s first monthly USDC reserve report for the month of June. Highlighting on Twitter, he affirmed the move as part o...
Circle Claims Stablecoin USDC Fully Backed by Cash Reserves
30 mins ago | 2 mins read Altcoin News The firm no longer has any commercial paper on hand. As of June 30, Circle had $42.1 billion in U.S. government bonds. A detailed analysis of the assets underly...
Circle unveils the full disclosure of its USDC reserves
Circle has provided full disclosure of the reserves backing the USDC stablecoin. This is the first time that the stablecoin issuer is providing this disclosure. The move seeks to boost transparency an...
Circle discloses $55.7 billion worth of cash, Treasury reserves
Circle issued its first monthly report closely detailing reserves for its US-dollar backed stablecoin, showing $55.7 billion in cash and three-month US Treasury securities at the end of June. The fin...
Circle Claims USDC Stablecoin Is Now Fully Backed by Cash, US Treasuries
Circle, the payments company behind the USDC stablecoin, has released a full asset breakdown of the reserves backing its growing dollar-pegged token. The level of detail provided by Circle in its Thur...
Stablecoin Issuer Circle Reveals Comprehensive Breakdown of USD Coin Reserves in Push Toward Transparency
Stablecoin issuer Circle is unveiling a full breakdown of its USD Coin (USDC) reserves as part of its commitment to increase transparency. According to a new company blog post, Circle is issuing its f...
Circle Reveals Detailed USDC Reserve Report
The payments management firm has released a detailed reserve report, revealing that its USDC stablecoin is backed only by cash and short-term treasury bonds. Full Reserve Report To Win Trust In a bid...
Circle Unveils USDC Liquidity And Availability In Reserves
The entire crypto space felt a negative impact from the failure of the algorithmic stablecoin UST and Terra’s native token, LUNA. Other top stablecoin projects like Tether’s USDT and Circle’s (USDC) h...
Circle Releases USDC Reserves Breakdown Report
Issuing USDC reserves breakdown is an effort towards commitment of trust through transparency – CFO Jeremy Fox-Geen. On Thursday, 14th July, Circle Internet Financial disclosed the breakdown of its US...
Circle shuts down critics with on-going disclosures on USDC reserve assets
Circle issued its first monthly report of USDC reserve assets on July 14 in an effort to enhance transparency. The general reputation of stablecoins has taken a severe hit since the Terra UST implosio...
USDC Issuer Circle Discloses Its Reserves, Proving Their Liquidity And Availability
After the collapse of the Terra ecosystem (which included its native token LUNA and its algorithmic stablecoin UST), the crypto community started to become more cautious about stablecoins, pushing lar...
EuroCoin (EUROC) Euro-Pegged Stablecoin by Circle Goes Live: Comprehensive Guide
Digital payments heavyweight Circle Inc. shared the first details of its novel product. EuroCoin (EUROC) stablecoin will unlock new trading, liquidity management and value transfer opportunities for c...
Cardano Sharks Circle Ahead of Potential Bullish Breakout
Key Takeaways Cardano is currently consolidating between the $0.43 support and the $0.50 resistance. Meanwhile, mid-size “shark” holders have added over 79 million ADA to their positions. ...