News
Circle News
Circle is a service for making instant money transfers. The Circle startup was launched in 2013 by Jeremy Allaire and Sean Neville. The Circle app is a platform that allows users not only to send and receive money, but also stores it as well. In 2015, the Circle company got a BitLicense and started operating as a Bitcoin wallet service to trade with cryptocurrency. The main feature of using Circle is that Bitcoin kept in the wallet is insured, so the in case of money being stolen from the user’s account, all the money will be compensated. For this, Circle keeps the equal amount of cryptocurrency on its account to all the Bitcoin stored on the platform. Currently, the Circle finance company uses blockchain technology for not only crypto transactions, but for traditional transfers as well.
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The asset's new multichain partner makes it so.
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Stablecoin issuer Centre has confirmed they froze an Ethereum address holding $100,000 USDC at the request from law enforcement.
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Launched by the Centre Consortium in October 2018, USD Coin reached a $1 billion market cap in 21 months.
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Clinton-era Treasury Secretary Summers doesn’t buy some of the crypto community’s anarchic sentiments but agrees that they are solving a major problem.
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USD Coin, which is a joint venture of Circle and Coinbase, will soon launch on the Algorand blockchain.
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As the global economy trembles, investors continue to find sanctuary in stablecoins, which have increased their market cap dramatically.
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Voyager has completed its acquisition of Circle Invest after onboarding 40,000 customers.
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MakerDAO is considering USDC as collateral support to improve liquidity and the tech team has already started preparing the technical transition regardless an executive vote.
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Circle’s consolidation strategy is starting to pay off as it released a set of new APIs for businesses that wish to benefit from USDC without the technical complexities.
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Circle, a Goldman Sachs-backed crypto startup behind USD-pegged stablecoin USDC, sells its crypto trading app to Voyager.
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Coinbase-backed Crypto Ratings Council expands its network with three new members and five digital assets.
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Kraken exchange lists stablecoin USDC, a product of Circle and competitor Coinbase.
3586 - New Year Special
Cointelegraph reached out to leaders of the crypto and blockchain space to find out what their New Year’s wish was for the industry.
5820 - New Year Special
Amid volatility and regulatory uncertainty, some projects and individuals came out on top in 2019 while others faltered.
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