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Circle, Parent Company of USDC, To Bring Euro Stablecoin To Ethereum: Is MATIC Next?
Thursday, June 16, 2022 - 1:22pm | 497Cryptocurrency firm Circle announced on June 16 that it would be issuing Euro Coin (CRYPTO: EUROC). What Happened: As revealed to CoinDesk, USD Coin (CRYPTO: USDC) issuing company Circle would be launching Euro Coin. The stablecoin is to be collateralized with reserves in Euro denomination,...
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Could Terra's Stablecoin Struggles Affect The Circle SPAC Deal And Valuation?
Thursday, May 19, 2022 - 5:48pm | 744Stablecoins have dominated the headlines in the world of cryptocurrency this week with the crash of several coins. The downward moves and negative connotations building for stablecoins could spell trouble for a SPAC deal that involves a leading stablecoin company. What Happened: A SPAC deal ...
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Apple, Google Among Top 9 Tech Companies Actively Scouting Talent For Crypto, Blockchain Positions
Sunday, May 8, 2022 - 11:22am | 798The interest among companies for blockchain and cryptocurrencies have been on the rise, and this bodes well for digital currencies. Big Tech companies are trying to capitalize on the potential these assets offer, as awareness and adoption increase. Established companies are increasingly recruiting...
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How Circle And Jeremy Allaire Are Shaping The Future of Currency With USDC
Wednesday, April 6, 2022 - 12:55am | 521Cryptocurrency has taken the world by storm and by many accounts, “gone mainstream.” There are plenty of use cases for digital currency in the modern world: easy international transfers without having to worry about forex exchanges, private transactions, and more. But one thing that has...
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USD Coin Founder Circle Doubles Valuation Ahead Of SPAC Merger
Thursday, February 17, 2022 - 12:55pm | 613The start of 2022 has seen SPAC mergers called off and the valuation of some deals lowered. On Thursday, a previously announced SPAC merger announced an increased valuation. Here's what investors need to know. What Happened: Circle announced the termination of an existing merger agreement...
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Game Changer? Solana Pay To Usher In 'New Era' Of Crypto Payments
Wednesday, February 2, 2022 - 9:38am | 476Solana Labs, the entity behind high-speed blockchain Solana (CRYPTO: SOL), has launched a new payments protocol that will let merchants accept crypto payments directly from consumers. What Happened: In an announcement on Tuesday, Solana unveiled Solana Pay which will let merchants accept USD Coin (...
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SEC Brings $10M Lawsuit Against Crypto Exchange Poloniex: What Investors Should Know
Monday, August 9, 2021 - 11:32am | 286Cryptocurrency exchange Poloniex has been fined by the SEC. Here’s what investors should know. What Happened: Poloniex, a cryptocurrency exchange, was fined $10 million by the SEC for operating an “unregistered online digital asset exchange,” according to a report...
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Fintech Focus For July 12, 2021
Sunday, July 11, 2021 - 10:02pm | 2090Quote To Start The Day: “The real test is not whether you avoid this failure, because you won't. It's whether you let it harden or shame you into inaction, or whether you learn from it; whether you choose to persevere.” Source: Barack Obama One Big Thing In Fintech: Robinhood...
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Fintech Focus For July 9, 2021
Thursday, July 8, 2021 - 6:55pm | 1933Quote To Start The Day: “Life is a long lesson in humility.” Source: James M. Barrie One Big Thing In Fintech: Derivatives could be the next financial “lego block” to be disrupted by DeFi. To get an idea of how massive the opportunity is, spot trades (stocks, bonds,...
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USD Coin Creator Circle Going Public Via SPAC: What Investors Should Know
Thursday, July 8, 2021 - 2:42pm | 577A leading digital currency company that created the USD Coin announced a SPAC merger Thursday morning. The SPAC Deal: Circle announced a SPAC merger with Concord Acquisition Corp (NYSE: CND) valuing the company at $4.5 billion. A PIPE of $415 million is included as part of the SPAC merger and...
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Fintech Focus For June 29, 2021
Monday, June 28, 2021 - 5:51pm | 1864Quote To Start The Day: “Don't be afraid to give up the good to go for the great.” Source: John D. Rockefeller One Big Thing In Fintech: Randal Quarles, the Federal Reserve’s vice chair for supervision, is out with a new speech on digital money and the main gist is that he...
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Fintech Focus For June 18, 2021
Thursday, June 17, 2021 - 7:26pm | 2110Quote To Start The Day: "A man is but what he knows.” Source: Sir Francis Bacon One Big Thing In Fintech: At the end of May, the total market capitalization of stablecoins, which include ones offered by crypto firms Tether and Centre, broke $100 billion. But in recent weeks, lawmakers...
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Fintech Focus For June 1, 2021
Monday, May 31, 2021 - 10:32pm | 2138Quote To Start The Day: “Showing is better than telling.” Source: Floyd Mayweather One Big Thing In Fintech: Ray Dalio, a billionaire investor and the founder of the world's largest hedge fund Bridgewater Associates, has said that the digital yuan will be more competitive than the...
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Fintech Focus For May 27, 2021
Thursday, May 27, 2021 - 9:19pm | 1975Quote To Start The Day: “To be yourself in a world that is constantly trying to make you something else is the greatest accomplishment.” Source: Ralph Waldo Emerson One Big Thing In Fintech: Visa said [] it has expanded its Visa Fintech Partner Connect, a program designed to help...
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Fintech Focus For May 20, 2021
Wednesday, May 19, 2021 - 7:53pm | 1682Quote To Start The Day: “Too often we enjoy the comfort of opinion without the discomfort of thought.” Source: John F. Kennedy One Big Thing In Fintech: TradeZero America, a commission-free trading platform, formally announced the launch of cryptocurrency trading. In celebration of...