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Circle Informs Clients of IRS Inquiry Into $20K Annual Transactions
21.12.2023
Numerous advocates of digital currencies report that Circle Internet Financial has been reaching out to its clients about a summons received from the Internal Revenue Service (IRS). Circle has stated that it is obliged to submit records concerning U.S. taxpayers who have engaged in transactions...
Bitcoin Price Prediction: Surge to $43,103, ETF Talks Fuel Optimism
19.12.2023
Bitcoin (BTC) witnessed a notable increase of over 5%, reaching $43,100 on Tuesday, amidst pivotal developments in the cryptocurrency landscape. The spotlight turned to the discussions of Spot Bitcoin ETFs at a meeting between the SEC and BlackRock, highlighting the growing interest in mainstream...
Green Bitcoin ($GBTC) Is The Next Big Bitcoin Development: Earn For Making BTC Predictions
18.12.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. There is a new crypto project that is generating a lot of buzz and it’s called Green Bitcoin (GBTC). After nabbing wave after wave of investors in its presale, Green Bitcoin has been steamrolling...
Antpool to Refund 83 BTC Erroneously Paid as Gas Fee to User
30.11.2023
Source: Pixabay / Michael Wuensch Antpool has announced steps to give back 83 Bitcoin (BTC) paid in error as a transaction fee to the user days after the incident. Blockchain security firm, PeckShield posted an update from Antpool on X (formerly Twitter) on the 83 BTC gas fee which sparked diverse...
‘Verified Satoshi’ Handle on X Triggers Debate Among Bitcoin Circles, Elon Musk Called to Act
4.10.2023
On the social media platform X (formally Twitter), an account created in 2018 is causing a lot of uproar as the account is called “@satoshi,” and has a verified check mark confirming its identity. A few bitcoin influencers have called on Elon Musk to remove the account’s checkmark,...
Did the NSA Invent Bitcoin? A 1996 Research Paper Reignites the Debate
22.9.2023
A recent buzz within crypto circles revolves around a 1996 research paper from the U.S. National Security Agency (NSA). There’s burgeoning speculation: did the NSA lay the groundwork for Bitcoin? Indeed, there are striking similarities between the NSA document and the Bitcoin white paper....
Crypto Custody Firm Qredo Integrates Circle’s USDC Stablecoin
12.9.2023
The new toolkit allows USDC to be the ultimate gas token on any blockchain
Stablecoin Firm Circle's Chief Strategy Officer Urges Legislation Amidst USDC Market Decline
16.8.2023
Circle is advocating for federal legislation regarding stablecoins amid the volatility in its USD Coin (USDC) after some bank failures earlier this year.
In a recent interview with Bloomberg, Dante Disparte, Circle's Chief Strategy Officer, spoke out against the lack of regulations in...
China Should Consider Yuan-Backed Stablecoins Instead of CBDCs, Circle's Allaire Says
11.7.2023
Circle CEO Jeremy Allaire touted the advantages of stablecoins over central bank digital currencies (CBDC), in an interview with South China Morning Post
Former Goldman Sachs Executive Craig Broderick Joins Stablecoin-Issuer Circle's Board
30.6.2023
The former Goldman Sachs executive Craig Broderick has joined the Board of Directors of Circle Internet Financial, the issuer of the USDC stablecoin.
Broderick served as the chief risk officer at Goldman Sachs for over three decades.
During his tenure at the investment bank, Broderick also...
Circle’s Allaire Says Bitcoin ETFs Likely to be Approved: Bloomberg
27.6.2023
Allaire spoke with Bloomberg at the World Economic Forum in Tianjin, China
Circle’s Gordon pitches the idea of stablecoins
15.6.2023
Stablecoins are a type of digital tokens that are pegged to a fiat currency, USD, for instance, and their valuation is determined accordingly. They are comparatively safe for usage within the ecosystem. However, stablecoins have always been looked at as casino chips. Meaning something that...
USDC Goes L2: Circle’s Stablecoin to Make Its Native Debut on Arbitrum
2.6.2023
Stablecoin provider, Circle Internet Financial, has revealed that its dollar-pegged token, USDC, will be natively introduced on the layer two (L2) blockchain Arbitrum on June 8. The announcement follows Circle’s disclosure of its euro-pegged coin, EUROC, merging with the Avalanche blockchain...
Bitcoin Circles Above $29.5K as Investors Weigh Sluggish GDP, Latest Banking Woes
27.4.2023
BTC dipped slightly during U.S. morning trading Thursday after the Commerce Department reported a slow 1.1% gain in GDP for the first quarter – below consensus expectations of 2% annualized – but later rebounded
Router Protocol integrates Circle’s CCTP under a partnership
27.4.2023
Router Protocol and Circle have entered into a partnership. The same has been announced by Router Protocol, informing the community that it has successfully integrated CCTP into its decentralized application, Voyager. The dApp hails as the flagship cross-chain solution in the ecosystem of Router...
NY Fed Policy Change Could Squash Stablecoin Issuer Circle’s Hope for Fed Access
26.4.2023
Funds structured as stablecoin issuer Circle’s Blackrock-managed USDC reserve fund “generally will be deemed ineligible” for the New York Federal Reserve’s reverse repurchase program under the new rules
Bitcoin Holds Steady Near $30.5K, Ether Circles Around $2.1K
14.4.2023
BTC and ETH have risen about 8% and 12%, respectively over the past seven days. While BTC has driven the market this year so far, the Shapella upgrade has boosted ETH trading, according to an analyst
Ether Circles Above $1.9K as Shanghai Hard Fork Nears
5.4.2023
Liquid staking tokens also rise on Wednesday. Bitcoin holds steady above $28,000
Snoop Dogg Bails As Faze Clan Circles The Drain
5.4.2023
Faze Clan, which as recently as last year seemed an unstoppable cultural force for the genre of dudes who both play video games and aspire to own lambos, is in trouble. As we’ve reported, the clan’s decision to go public has been a disaster, with their shares now practically worthless, but as...
Circle’s USDC Remains Dominant in DeFi as Pressure Eases on the Stablecoin
31.3.2023
USDC, the key stablecoin in decentralized finance, temporarily lost its dollar peg earlier this month after the collapse of its key banking partner