Circle announced it has come to a mutual agreement with Concord to terminate acquisition plans The deal was initially announced in July 2021 and would have allowed Circle to go public Circle CEO assur...
Tag: Circle
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 is...
In Post-FTX World, Circle Kills SPAC Plans
In a “mutual decision,” Circle and its planned special purpose acquisition company (SPAC) partner Concord have pulled the plug on plans to go public, the companies said Monday. The SEC had not g...
Circle and SPAC Concord mutually terminate business combination
Peer-to-peer payments technology company Circle and publicly traded special purpose acquisition company Concord Acquisition Corp mutually ended their proposed business combination after the deal ̶...
Can Oryen join the elite circle of Cosmos, Polygon, and Polkadot?
Advertisement     The altcoin world has found a new rival, Oryen Network (ORY). The novel crypto project draws the attention of crypto adherents who experienced the po...
Circle Release PSA Warning and Stated “Not Fall for This”
The peer-to-peer payments technology firm, Circle, released the PSA Warning, in which it added that “There is an active phishing campaign attempting to lure users into transferring USDC tokens to mali...
Minerva’s Circle launches at DCENTRAL Miami 2022
Miami, USA, 25th November, 2022, Chainwire 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 a...
Circle Warns About Scammers Baiting USDC Users
Circle, the firm behind USDC stablecoin, issued a warning about an active phishing campaign attempting to lure users into transferring tokens to malicious addresses. As per the tweet, the threat actor...
Circle Warns About Phishing Campaign
Alex Dovbnya Scammers are trying to trick USD Coin (USDC) users into transferring their tokens to malicious addresses Circle, the issuer of the USD Coin (USDC) stablecoin, has warned about an active p...
FTX Bankruptcy Filing: ‘No Amounts’ Will Be Paid to SBF or His Inner Circle
Former FTX CEO Sam Bankman-Fried was right about one thing: He and his inner circle won’t see any more money from the company. FTX spelled out in a court filing over the weekend that neither Bankman-F...
Who’s Who in the FTX Inner Circle
The downfall of FTX was swift and brutal. In a manner of eight days earlier this month, the crypto exchange – developed as a skunk-work project inside Sam Bankman-Fried’s quant-driven trading shop, Al...
‘No Amounts’ Will Be Paid to SBF or His Inner Circle
Former FTX CEO Sam Bankman-Fried was right about one thing: He and his inner circle won’t see any more money from the company. FTX spelled out in a court filing over the weekend that neither Bankman-F...
Circle CEO Jeremy Allaire Says Crypto Use Cases Still Remain Strong Following FTX Debacle
The CEO of USD Coin (USDC) issuer Circle says that the concept of crypto offering more transparency than traditional finance still holds amid the current fiasco in the industry. In a new interview on ...
Cryptonians Circle the Wagons – Trustnodes
It has been a tough few days, weeks and even months. We had forgotten what the bear is, and the reminder has been quite spectacular. Crypto is still crypto. Even with these CME futures, Washington pol...
Circle drops Yield rates to 0%
Circle, the company that runs and issues USDC has dropped their Circle Yield product APY rate to 0%. Back in June I wrote about my anxieties around Circle. Oh hey, what’s that? Genesis and its y...
Circle Reveals FTX Exposure, Says USDC Conversions on Binance Have Hurt Projections
The collapse of FTX and automatic conversions of USD Coin on Binance will cause Circle’s performance to be “materially lower” than the projections it made in February, the company said in a new regula...
Circle reveals level of exposure to FTX; should USDC holders be worried?
Circle has alluded to over $10 million exposure to FTX It also hinted at the loss suffered due to Binance’s auto conversion In a recent Twitter post, Circle’s Jeremy Allaire said that USDC only had a ...
Circle Yield Reduced to Zero, Gemini Earn Paused as Genesis Contagion Spreads
Circle, Gemini, Luno and Hut 8 Mining are among major crypto companies with exposure to digital currency prime broker Genesis, which has halted customer redemptions and new loan originations within it...
Crypto stablecoin issuer Circle adds Apple Pay support
Circle, the issuer of the United States dollar-pegged stablecoin USD Coin (USDC), has added support for Apple Pay — with the intention of bringing the crypto and traditional payment systems closer tog...
USDC Stablecoin Issuer Circle Introduces Support For Apple Pay
2 hours ago | 2 mins read Altcoin News Apple Pay is the second most popular digital wallet in the United States. Circle claims that conventional stores would profit from Apple Pay integration. Circle,...
USDC Stablecoin Issuer Circle Has Allowed Businesses To Use Apple Pay
USD Coin Issuer Circle has mentioned that Apple has now allowed and enabled crypto payments that will be using stablecoin on their payment platform. Merchants who accept the USDC will now be able to d...
Circle Integrates Apple Pay for Existing Merchants
Circle – the issuer behind USDC – has announced that merchants supported by the company will now be able to accept Apple Pay. The integration will allow customers to check out from apps and the Safar...
The Circle of Convergence: HyperNation Officially Kicks Off a Series of Exciting Updates!
Place/Date: – November 12th, 2022 at 8:37 pm UTC · 4 min read Source: HyperNation The highly anticipated community event is finally here. After days of waiting for the rumoured mega updates, Hyp...
Circle CEO Jeremy Allaire Says Stablecoin-Issuer Not Affected by Troubles at Crypto Exchange FTX
The CEO of USD Coin (USDC) issuer Circle says that crypto exchange FTX’s liquidity issues bear no significant impact on the stablecoin company. Jeremy Allaire says that Circle provides services to bot...
Coinbase, Ripple, Circle CEOs Call For Regulatory Clarity
The U.S. Securities and Exchange Commission (SEC) and Justice Department (DOJ) are investigating crypto exchange FTX. Coinbase CEO Brian Armstrong, Ripple CEO Brad Garlinghouse, and Circle CEO Jeremy ...
Circle, OKX Firms Deny Debt Exposure To FTX Alameda Research
The global crypto market registered a massive plunge on Wednesday due to the increased volatility due to Binance’s massive announcement of acquiring FTX. However, the top digital asset firms have come...
The Block: Lack of FTX buyer would leave ‘giant hole’ in crypto markets: Circle CEO
FTX’s collapse was “sort of a shock,” that spoke to the lack of public visibility into the company’s balance sheet, said Circle CEO Jeremy Allaire during a Wednesday appearance on CNBC. Asked wh...
Stablecoin Giants Tether, Circle Disclose Financial Relationship With FTX, Alameda
Amid the chaotic meltdown, asset movement from Circle to FTX surfaced. It was also reported that Alameda could be the second-largest issuer of Tether. CEO of USDC issuer, Jeremy Allaire, assured the c...