On September 5, Binance explained that it planned to drop a number of usdc trading pairs and auto-convert specific stablecoin balances into busd by September 29. While the move was controversial among...
Tag: Circle
Circle CEO Comments On Binance’s USDC Delisting
CEO Jeremy Allaire has addressed the speculations surrounding Binance’s delisting of its USDC stablecoin, claiming it to be a good thing. Speculations Around Binance’s Decision When Binance announced...
Circle CEO Allaire Supports Binance Stablecoin Decision
Jeremy Allaire, the co-founder and CEO of USD Coin (USDC) stablecoin issuer Circle, has responded to the Binance cryptocurrency exchange’s move to stop supporting USDC trading. The Circle CEO sa...
Circle co-founder says converged dollar books on Binance would be good for USDC
According to a new Twitter post, Jeremy Allaire, co-founder and CEO of USD Coin (USDC) stablecoin issuer Circle, said that the recent decision by Binance to merge stablecoin dollar books is “a g...
Binance Ditched USDC, USDP and TUSD. Even Circle Internet Financial Was OK With It
With some $20 billion in average daily volume over the past month, the Binance exchange is roughly eight times larger than its nearest competitor, FTX, in terms of transactions, according to Coinranki...
Binance Will Keep Supporting USDC, Says Circle CEO
The largest crypto exchange Binance announced that it will be converting stablecoin USD Coin (USDC), Pax Dollar, and True USD into its native stablecoin BUSD. This sparked a debate in the crypto commu...
Circle CEO Thinks Binance’s USDC Exit is a Good Thing
Jeremy Allaire – CEO and co-founder of Circle – isn’t sweating over Binance’s latest decision to stop supporting trades for USD Coin (USDC). In a thread on Tuesday, Allaire broke down why he thinks t...
Circle CEO says Binance decision to stop USDC support is good as it increases utility
Circle CEO Jeremy Allaire said Binance’s decision to convert its users’ USD Coin (USDC) holdings to its Binance USD (BUSD)stablecoin is good. Helpful perspective from @wintermute_t , which is spot on....
Circle Onboards Bybit as a Partner to Promote USDC Access and Adoption
Crypto derivatives exchange, Bybit announced a partnership with Circle, the company behind the second-largest stablecoin by market cap, USDC. As per the press release shared with CryptoPotato, the agr...
Bybit Partners Circle Internet Financial
Bybit and Circle Internet Financial, also known as Circle, have joined hands to further the growth of USDC while allowing traders to leverage the strength and stability of USDC, one of the leading dig...
Bybit Collaborates With Circle to Provide USDC Spot Pairs And Client Integrations
To facilitate the expansion of Bybit as a gateway for retail and institutional USDC-settled products, the third largest crypto derivatives exchange by volume, Circle Internet Financial, a global digit...
18 Denver Nuggets Games To Circle On Their 2022-23 Season Schedule
The Denver Nuggets’ “core four” of Nikola Jokic, Jamal Murray, Michael Porter Jr. and Aaron Gordon … [+] will ride together again this season, with an abundance of marquee game...
Vorto and Merit Circle DAO Collaborate to Co-Launch Hash Rush
The community will soon welcome Hash Rush as Merit Circle DAO has announced a collaboration with Vorto to co-launch the massive multiplayer real-time strategy game. Partners will launch the closed ver...
Circle Led USDC Stablecoin Held by Large Whales Plummet
Altcoin News The top 1% of addresses recently controlled 87.667% of all USDC. On-chain statistics show a sell-off of USDC over the previous two weeks. As the bear market in cryptocurrencies continues,...
ccg.global Review – Dive into the world of online trading – Capital Circle Group Review
In today’s fast-paced world, online trading is the way to go for all new traders who are looking to make their mark in the international marketplace. Online trading platforms offer a quick and easy wa...
Norwegian BTC Miner Moves Beyond the Arctic Circle
Electricity prices are much lower in northern Norway BTC miner Kryptovault AS is willing to move its activities there BTC Price at the time of writing – $24,469.17 The Norwegian bitcoin mining organiz...
Norwegian BTC Miner Moves Beyond the Arctic Circle to Cut Energy Costs (Report)
The Norwegian bitcoin mining company – Kryptovault AS – reportedly plans to move its operations north of the Arctic Circle. The relocation is prompted by the rising electricity costs in the country, w...
Tornado Cash hit by 79% decline in deposits as users rush for the exit
Tornado Cash saw a massive decline in deposits and an increase in withdrawals after it was sanctioned by the US Treasury. Since the sanctions came down, just $6 million has been deposited into the p...
Tether (USDT) and USDC Issuer, Circle Pledge Support – crypto.news
Tether (USDT) and USD Coin (USDC) issuers have thrown their weights fully behind Ethereum transition to the proof-of-stake (PoS) consensus algorithm, as September 19, 2022, Merge date draws near, acco...
Stablecoin Giants Circle, Tether Support Ethereum in Its Upcoming PoS Transition
Issuers of the two largest stablecoins – Tether’s USDT and Circle’s USDC— have extended their support to Ethereum as it approaches The Merge in September this year. Tether feels that it’s crucial that...
Circle Says Its USDC Stablecoin Won’t Support Ethereum Proof-of-Work Hardfork
The top two stablecoin issuers – Circle and Tether – have distanced themselves from any hardfork in Ethereum. They said that they will continue to support the PoS transition of Ethereum. As the Ethere...
Circle to only support Ethereum proof-of-stake chain after integration
USD Coin (USDC) issuer Circle Internet Financial will only support the Ethereum proof-of-stake chain after the chain integrations, the company announced in a blog post on Tuesday. The integration, du...
Circle plans to only support Ethereum PoS chain after Merge is complete
On Tuesday, Circle, the issuer of the USD Coin (USDC) stablecoin, pledged its full support for the transition of Ethereum to a proof-of-stake, or PoS, blockchain after the much-anticipated Merge upgra...
USDC Issuer Circle Joins Chainlink in Only Supporting Proof-of-Stake Ethereum After the Merge
USD Coin (USDC) issuer Circle says that it will support only the Ethereum proof-of-stake chain once the leading smart contract platform completes its highly anticipated Merge. In a statement, Circle ...
Circle Pledges Action After Freezing $75K Tornado Cash-Linked USDC
Circle CEO Jeremy Allaire pledged more engagement to address privacy concerns that have dogged the stablecoin issuer after it froze $75,000 in USDC belonging to users of the sanctioned cryptocurrency ...
Merit Circle Partners Crypto Raiders, an NFT-Based Dungeon Crawler
Merit Circle has published a blog post announcing that it partnered with Crypto Raiders. Merit Circle will invest $400,000 under the partnership agreement that looks to transition Web2 gamers to the W...
Tether and Circle will support Ethereum’s Proof of Stake
With just over a month to go before the adoption of Merge, an increasing number of crypto companies are announcing their support for the new Proof of Stake system on the Ethereum network, including Te...
Circle Announces Full Support To Upcoming ETH Merge
11 hours ago | 2 mins read Altcoin News Chinese Ethereum miner Chandler Guo has been the driving force behind the movement. The ETHPOW coin would be created as a result of the proposed fork. During th...
Circle freezes USDC funds in Tornado Cash’s US Treasury-sanctioned wallets
Centre, the consortium behind the USD Coin (USDC) stablecoin, has blacklisted wallet addresses controlled by Tornado Cash following the US Treasury sanctions against the crypto mixer. Ethereum blockch...
Circle CEO Talks Tornado Cash Sanctions and the Fight for Privacy
Major crypto firms Circle and Coinbase have been forced to comply with the US Treasury Department’s sanctions against Tornado Cash under Bank Secrecy Act (BSA) requirements, said Circle CEO Jeremy All...
Circle says freezing wallets went against its beliefs on an open internet
USDC stablecoin issuer Circle released a statement to clarify its stance after freezing all ETH addresses affected by the U.S. Treasury Department‘s sanction against Tornado Cash. In compliance with r...
CEO of Circle comments on Binance’s new move
The CEO of Circle appears surprisingly positive after Binance’s announcement a few days ago. Allaire, CEO of Circle, believes the choice of Binance will benefit everyone On 5 September, Binance annou...