Browsing Tag
Circle
270 posts
First Citizens Bank set to complete SVB takeover
The US Federal Deposit Insurance Corporation (FDIC) facilitates a purchase and assumption agreement between SVB and First Citizens…
Hacker hijacks Circle CSO’s Twitter account
Circle’s CSO account has been hijacked according to a statement from the firm. This comes after many fraudulent…
Circle applies for French license as it doubles down on Europe
Circle, issuer of USDC and EUROC, applies for regulatory approvals in France to expand operations in Europe, becoming…
Coinbase offered Circle $3b credit line to repeg USDC
Crypto exchange Coinbase reportedly offered a $3 billion credit line to Circle, the crypto company that issues the…
Circle clears ‘substantially all’ minting and redemption backlog for USDC
The stablecoin issuer says that from March 13 and March 15, it redeemed $3.8 billion USDC and minted…
Insolvency fears led many to turn to other stablecoins, sell USDC at a major discount
Several USD Coin holders have fled to other stablecoins amid fears surrounding its solvency.
Circle plans to cover missing liquidity in Silicon Valley Bank with corporate funds
According to Circle, USDC liquidity operations will “resume as normal when banks open on Monday morning in the…
Banks down? That is why Bitcoin was created, crypto community says
The Silicon Valley Bank collapse on March 10 has sparked fear, uncertainty and doubt across the crypto community.
Bitcoin price spikes to ‘$26K’ in USDC terms — How high can the BTC short squeeze go?
Bitcoin recovers from the USDC’s depeg from the U.S. dollar.
Binance USD market cap falls below $10B amid rising regulatory concerns
BUSD’s market cap is down by nearly $14 billion from its all-time high of $23.49 billion, set on…
