“Technology didn’t commit fraud, but firms and people did.” comments Circle CEO. Singapore’s Tharman calls the crypto market “inherently speculative” and “slightly crazy.” ECB’s Villeroy analyzes the ...
Tag: Circle
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 laun...
Coindesk Up for Sale? Investors Circle Crypto News Publication Amidst Genesis Bankruptcy – Bitcoin News
According to various reports, investors are reportedly interested in purchasing Coindesk, a cryptocurrency news publication. On Jan. 18, Wang Feng, founder of China-based news publication Marsbit, ann...
Circle CEO Anticipates More Crypto Firms Filing Bankruptcy in 2023
8 hours ago | 2 mins read Altcoin News Jeremy is nevertheless hopeful about forthcoming market innovations. Allaire predicted that crypto contagion will have a negative influence on the market. On Tue...
‘Ninth circle of hell’ is reserved for SBF for his betrayal: Scaramucci
SkyBridge Capital managing partner Anthony Scaramucci has opened up about the “betrayal” he felt by the actions of FTX founder Sam Bankman-Fried, whom he said he once considered a friend. Speaking at ...
Circle increases reserves for USDC
The news provided by Circle itself in its latest report about the management of the fledgling reserve fund is well received by investors in both the stable USDC and the crypto world in general, who se...
Circle invests 30% of its USDC reserves in US treasuries through a reserve fund
According to a disclosure page published by BlackRock, Circle has invested 30% of its USD reserves in the US Treasury via Circle Reserve Fund, which is managed by BlackRock. The value of the fund inve...
Circle invests $13b, or 30% of USDC reserves, in US treasuries
BlackRock’s disclosure page reveals Circle has put 30% of its USDC reserves, equivalent to approximately $13b, on the money market fund. Circle advances on stablecoin transparency. Stablecoin USDC is...
Circle Chief Strategy Officer Says ‘Inevitable’ Crypto Remains Protagonist of Global Financial World
The chief strategy officer of US Dollar Coin (USDC) stablecoin issuer Circle is optimistic about the future of crypto assets. Dante Disparte, who is also Circle’s global policy head, says that the ado...
Crypto technology will shift toward ‘steadier hands’ in 2023: Circle CSO
Circle’s chief strategy officer and head of global policy, Dante Disparte, believes that the turmoil in the crypto sector over the last year could mark the handover of crypto technology to more ...
Circle executive believes that crypto winter will bring steadiness in 2023; will it?
Circle CSO Dante Disparte believed that the crypto winter would usher in steadier and durable actors in crypto. Disparte expressed a positive outlook for crypto in 2023 2022 was not the best year for...
Cryptocurrency Technology Will Move Toward More “Stable Hands” Says Circle CSO
Editors News Dante Disparte says that the current market conditions will be a boon to the crypto industry. As per Circle CSO, cryptography and blockchain will still be crucial components of the curren...
Cryptocurrency Technology Will Move Toward More “Stable Hands”: Circle CSO
23 mins ago | 2 mins read Bitcoin News Dante Disparte says that the current market conditions will be a boon to the crypto industry. As per Circle CSO, cryptography and blockchain will still be crucia...
56 Million HOOD Stocks to Get Liquidated as FTX Creditors Circle
Sam Bankman-Fried, BlockFi, and other creditors try to claim ownership over the 56 million HOOD stock. FTX urges the court to freeze the assets. The Robinhood (HOOD) price may further plummet as multi...
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 Axelar Ecosystem Startup Funding Program...
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, ...
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)...
Circle Takes Back the Decision to go Public
The crypto market is witnessing a paradoxical instance where the major asset of a company was declining while it planned to go public. This clearly indicates Circle and its stablecoin USD Coin (USDC)....
Circle Pulls The Plug On Going Public
Circle and its planned special purpose acquisition company (SPAC) partner Concord have mutually decided not to go public. Business Combination Terminated On Monday, Circle Internet Financial and Conc...
Stablecoin Issuer Circle Scraps $9 Billion Deal To Go Public
Stablecoin issuer Circle, a peer-to-peer payments technology company behind the popular USDC stablecoin, was quick to clarify that its decision to abolish its plans of going public has nothing to do w...
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...
USDC Issuer Circle terminates plans to go public
Circle, the cryptocurrency firm behind the stablecoin USDC, has reportedly terminated plans to go public after canceling its special purpose acquisition company (SPAC) transaction with Concord Acquisi...
Crypto Giant Circle No Longer Going Public
Alex Dovbnya Stablecoin issuer Circle has scrapped its SPAC deal that was initially announced last year Circle, a cryptocurrency-focused financial services company behind the USD Coin (USDC) stablecoi...
Circle To Stay Private for Now as Rivals Gain Market Share
As Circle reevaluates its plans to go public, USD Coin has been quietly losing stablecoin market share to competitors Tether and Binance USD over the past six months. Circle currently holds about 31%...
USDC Issuer Circle Dissolves SPAC Agreement With Concord
10 seconds ago | 2 mins read Altcoin News The Circle’s upper management is dissatisfied with the timing of the deal’s collapse. Circle planned to list on the Nasdaq as a special purpose acquisition co...
Circle Scraps SPAC Deal After Getting SEC Cold Shoulder
Circle Internet Financial and Concord Acquisition Group boards decided to end a Special Purpose Acquisition agreement that would have seen Circle become a publicly-traded company. Both companies ended...
USDC Issuer Circle Calls Off $9,000,000,000 Deal To Go Public: Report
The firm behind the second largest stablecoin by market cap is backing out of a multi-billion dollar deal to go public. According to an official announcement, Circle and Concord Acquisition Corp are m...
USDC Issuer Circle Terminates SPAC With Concord
Circle SPAC Termination News: Circle Internet Financial, the company behind stablecoin USDC, on Monday officially announced it was terminating its special purpose acquisition company (SPAC) with Conco...
USDC issuer Circle terminates SPAC merger with Concord
Circle, the issuer of USD Coin (USDC), announced the mutual termination of its proposed merger with the special purpose acquisition company (SPAC) Concord Acquisition on Dec. 5. The deal was announced...
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 termination of the proposed deal was approv...
These money and investing tips can keep you afloat if stocks circle the drain
Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly! INVESTING NEWS & TRENDS How the Dow’s start to the new year affects the stock market’s 2023 return Many r...