Circle Renews Coinbase USDC Deal and Rules Out Dividends
Circle has renewed its longstanding USDC partnership with Coinbase on existing terms, preserving a key distribution channel for the stablecoin. The company also ruled out quarterly dividends, saying capital can…
Read More »Circle’s Arc Raises $222 Million to Rebuild Wall Street
Circle, the issuer of the USDC stablecoin, officially announced today the successful $222 million funding round for its new Layer 1 blockchain project, Arc.
Read More »Stablecoin issuer Circle faces lawsuit over $230M Drift Protocol hack
Circle was accused of aiding and abetting the conversion of the stolen funds and negligence after it did not freeze funds stolen from the Drift Protocol in April.
Read More »Cathie Wood Calls Bitcoin’s 50% Crash a “Victory” as Market Tests New Floor
Bitcoin Magazine Cathie Wood Calls Bitcoin’s 50% Crash a “Victory” as Market Tests New Floor Nearly six months after the Oct. 10 flash crypto crash erased millions of dollars in…
Read More »USDC Freeze Controversy: ZachXBT Says Circle Froze 16 Legitimate Wallets, Missed Real Hacks
Onchain investigator ZachXBT published a detailed thread this week, accusing Circle, the issuer of USDC, of compliance failures tied to more than $420 million in illicit stablecoin flows the firm…
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