Tag: Circle

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Crypto Settlement Startup Zebec Gets $15 Million to Craft Programmable Cash Stream Payments

The multi-signature treasury management and settlement startup Zebec has revealed the company has raised $15 million in order to bolster a continuous and programmable cash stream protocol on the Solana blockchain. Zebec says the company aims to be the “payment solution for DAOs, crypto projects, Web3 and the metaverse.” Zebec Raises $15 Million to Bolster…
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Despite Recent Threats From Canadian Officials, ‘Real Crypto’ or Decentralized Assets Cannot Be Frozen

Over the last week, there’s been a lot of discussion about Canada ‘freezing’ digital currency accounts that are associated with the Canadian trucker’s Freedom Convoy. Amid the topical conversation, it should be stressed that decentralized cryptocurrencies like bitcoin and ethereum, cannot be frozen directly within the network. However, the Canadian government can flag specific digital…
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Circle’s valuation doubles to $9B following revised merger agreement with Concord

The Circle-Concord business combination will create a new company that plans to list publicly on the New York Stock Exchange. USD Coin (USDC) operator Circle has seen its valuation double to $9 billion after the company revised its merger agreement with Concord Acquisition Corp, a special purpose acquisition company (SPAC) founded in 2020. Circle announced…
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Circle’s Valuation Doubles to USD 9B as New Holding Company Expected to Go Public

  The crypto infrastructure and payments firm Circle has entered into an agreement with the special purpose acquisition company Concord Acquisition Corp that will see the formation of a new holding company, doubling Circle’s valuation from USD 4.5bn, announced in July 2021, to USD 9bn now…. Read More: Circle’s Valuation Doubles to USD 9B as…
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Coinbase and 17 Other Crypto Firms Launch ‘Travel Rule Universal Solution Technology’

On Wednesday, the publicly-listed cryptocurrency firm Coinbase announced the launch of a collaborative effort called TRUST, which stands for “Travel Rule Universal Solution Technology.” The plan is described as an “industry-driven solution” developed to comply with the Financial Action Task Force (FATF) Travel Rule. There are currently 18 crypto firms that have joined TRUST so…
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Laundering NFTs, Circling Crypto Ads, Cardano Gets Extra Space, Euro Inflation Heats Up + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Laundering NFTs, Circling Crypto Ads, Cardano Gets Extra Space, Euro Inflation Heats Up + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

MyCryptoMetaMask Ethereum Move, Solana Pay, Bitcoin Savings Plan + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: MyCryptoMetaMask Ethereum Move, Solana Pay, Bitcoin Savings Plan + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Circle’s USDC stablecoin gobbles Tether’s market share with 50B milestone

The 50 billion USDC circulating milestone has increased Circle’s share of the stablecoin market to almost 30%. The world’s second-largest stablecoin by market capitalization keeps on growing as it erodes the dominance of the current leader, Tether. The stablecoin landscape is a constantly-shifting dynamic but one trend has become clear over the past year or…
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How to Invest in Crypto Exchanges: Top 3 Options

  If you want to gain investment exposure to the burgeoning digital asset industry, you could invest in cryptocurrency exchanges.  Crypto exchanges are at the center of the global crypto markets and are among the most profitable and fastest-growing companies in the industry, making them a potentially lucrative investment if you can pick the right…
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Defi Portfolio Tracking Startup Debank Raises $25M From Sequoia China, Crypto.com, Circle

The decentralized finance (defi) portfolio tracking startup Debank raised $25 million from investors according to an announcement on Tuesday. Following the equity financing round, Debank says it has an overall valuation of around $200 million. Defi Dashboard Debank Raises $25 Million 2021 was a good year for venture capital (VC) entering the crypto…
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