Circle, the entity behind the prominent crypto stablecoin USDC, announced its decision to discontinue its association with the TRON blockchain yesterday. This cessation of USDC operations on TRON, effective immediately, will stop the minting of new USDC tokens on TRON, though transfers and redemptions will be facilitated until February 2025. The surprising announcement led to […]
Charles Hoskinson, the founder of Cardano, has fired back at recent criticism from community members regarding the project’s advertisement not being good enough in comparison to Solana. Cardano Can Not Advertise Like Solana The famous crypto founder shared his insights on the claims on the social media platform X (formerly Twitter). Hoskinson’s X post came […]
Circle Internet Financial, known as the issuer of the USDC stablecoin, has confidentially filed for an initial public offering (IPO) in the United States, as per an exclusive Reuters report, signaling its intention to become a publicly-traded company. This move marks a pivotal step in Circle’s journey, reflecting the growing interface between traditional financial markets […]
Campaign for Accountability (CfA), a non-profit ethics watchdog organization, has written a letter to popular anti-crypto US senators Elizabeth Warren and Sherrod Brown, alerting them to possible links of Circle, the USD Coin (USDC) stablecoin issuer, to terrorist financing activities. Circle Compromised By Integration With TRON, CfA Says In its letter dated November 9, CfA states […]
Rumors suggesting that Ripple may be considering an initial public offering (IPO) have recently caught the interest of the crypto community. However, it appears that another crypto giant may have set its sights on a public debut in 2024. Circle IPO Report Takes Centre Stage While speculations of Ripple’s IPO lose a bit of momentum, […]
Amid the unfolding developments between the US Securities and Exchange Commission (SEC) and leading crypto exchange Binance, a pivotal update involving Circle, the issuer behind stablecoin USD Coin (USDC), has emerged just ahead of a hearing scheduled for October 12. The influential third-party entity has now been granted permission to weigh in on the lawsuit, […]