Circle

Circle

Фінанси

Privacy emerges as crypto’s next 'killer app,' with Arc, Canton and Tempo topping $1 billion in funding

New fundraising rounds for three institution-focused blockchains show how regulation, privacy and corporate competition are reshaping crypto infrastructure, according to Bitwise CIO Matt Hougan.

Bitwise CIO Matt Hougan (Suzanne Cordiero/CoinDesk/Shutterstock)

Ринки

Cathie Wood’s Ark Invest chases Circle stock as it hits a 2-month high

Circle shares rose 16% to $131.76 on Monday, their highest closing price since March 18.

Ark Invest CEO Cathie Wood

Фінанси

'I don’t think that’s crazy': Here is why Circle is betting on new $3 billion blockchain

The USDC stablecoin issuer is betting Arc can become Wall Street’s blockchain rail for payments and tokenized finance, though analysts still see it as speculative.

Jeremy Allaire, CEO of Circle (CoinDesk)

Фінанси

Circle raises $222 million for Arc, beats Q1 earnings estimates but misses on revenue

Circle raised $222 million for its Arc blockchain token at a $3 billion valuation, drawing backing from BlackRock, Apollo and Bullish.

Jeremy Allaire, Co-Founder, Chairman and CEO, Circle Speaks at Hong Kong Fintech Week in 2024 (HK Fintech Week)

Політика

Bermuda pushes stablecoin payments with USDC airdrop as it courts crypto firms, regulators

Premier David Burt said Bermuda's "onchain economy" plan aims to bring stablecoins into everyday commerce.

Bermuda Premier David Burt

Ринки

Circle, Coinbase lead crypto stocks rally amid Clarity Act progress, bitcoin hitting $80,000

The market is starting to price in potential winners as stablecoin yield compromise opens path for passing key U.S. digital asset regulation, one analyst said.

Jeremy Allaire, Co-Founder, Chairman and CEO, Circle Speaks at Hong Kong Fintech Week in 2024 (HK Fintech Week)

Фінанси

Drift gets $148 million funding from Tether and partners as it replaces Circle stablecoin with USDT after massive exploit

The money will be used by Drift to recover user funds after more than $270 million in clients assets were exploited this month, and will relaunch the protocol as a USDT-based perpetuals DEX on Solana.

Tether CEO Paolo Ardoino at White House

Політика

Circle CEO says China could launch yuan stablecoin within 3 to 5 years as currency race heats up

The pitch is global scale for the yuan, but capital controls, offshore limits and convertibility gaps still stand in the way

Jeremy Allaire, Co-Founder, Chairman and CEO, Circle Speaks at Hong Kong Fintech Week in 2024 (HK Fintech Week)

Фінанси

Circle CEO says he won’t freeze USDC without a court order even as hackers walk away with millions

Circle defends its hands-off approach to freezing funds as critics point to hundreds of millions in losses tied to delayed action.

Jeremy Allaire, Co-Founder, Chairman and CEO, Circle Speaks at Hong Kong Fintech Week in 2024 (HK Fintech Week)

Ринки

The crypto honeymoon is over for now as analysts warn of a major first-quarter profit squeeze

Several major investment firms have preemptively downgraded Coinbase and other platforms as a sharp drop in trading activity and falling token prices threaten to derail upcoming first-quarter earnings results.

CoinDesk