Circle, a Goldman Sachs-backed crypto startup behind USD-pegged stablecoin USDC, sells its crypto trading app to Voyager. Despite ongoing bullish movement in crypto markets, Circle continues to sell off wings of its business. Circle, a Goldman Sachs-backed crypto startup that launched USD-pegged stablecoin USDC, has agreed to sell its digital asset investment app Circle Invest…
Read more
Coinbase-backed Crypto Ratings Council expands its network with three new members and five digital assets. The Coinbase-backed Crypto Ratings Council (CRC), a group of major United States’ cryptocurrency firms seeking regulatory clarity, has welcomed new members. Established in late 2019, the CRC has expanded to include members like trading platform eToro, crypto exchange OKCoin and…
Read more
Kraken exchange lists stablecoin USDC, a product of Circle and competitor Coinbase. Crypto exchange Kraken has added stablecoin USD Coin (USDC) to its list of trading pairs. Touted as “the world’s fastest-growing stablecoin,” USDC saw listing today on crypto exchange Kraken, per a press release provided to Cointelegraph on Jan. 8. USDC developed by Circle…
Read more
Cointelegraph reached out to leaders of the crypto and blockchain space to find out what their New Year’s wish was for the industry. The digital currency space has seen rapid growth and expansion in 2019, with heightened interest from governments and global corporations. Cryptos recovered from the 2018 bear market, when with Bitcoin (BTC) crashed…
Read more
Amid volatility and regulatory uncertainty, some projects and individuals came out on top in 2019 while others faltered. Even though the cryptocurrency industry is not new to ups and downs, 2019 has turned out to be the year with the most surprising reveals. The long-lasting bear market of 2018 moved market analysts to call it…
Read more
San Francisco-based cryptocurrency exchange Kraken announced that it has acquired Circle’s over-the-counter desk, Circle Trading. San Francisco-based cryptocurrency exchange Kraken announced that it has acquired Circle’s over-the-counter (OTC) desk. In a Dec. 17 blog post, Kraken said that the company has bought “one of the most recognized OTC desks in crypto.” Circle co-founders Sean Neville…
Read more
Payments company Circle lays off another ten employees, saying the move is not related to the CEO’s recent transition out of his role. Payments company Circle has reportedly laid off another ten employees, following the news that its CEO Sean Neville quit his position — events that the firm says are unlinked. On Dec. 11,…
Read more
Sean Neville is preparing to work on the company’s board of directors from the end of December, according to a media report amid the sale of Poloniex exchange. Payments company Circle will install a new CEO at the start of 2020 after one of its original co-founders steps down from the position. According to cryptocurrency…
Read more
eToroX, the digital asset platform of social trading platform eToro, announced the listing of privacy coin Dash and seven stablecoins. EToroX, the digital asset platform of social trading platform eToro, announced the listing of privacy coin Dash and seven stablecoins in a press release published on Nov. 12. Per the release, eToroX users can now…
Read more
Two former executives at crypto finance firm Circle and former DRW executive jointly founded proprietary crypto trading firm CMS Holdings. Two former executives at crypto finance firm Circle and former DRW executive jointly founded proprietary crypto trading firm CMS Holdings. The new venture Coindesk reported on Nov. 12 that the firm is the joint venture…
Read more
