Circle’s valuation doubles to $9B following revised merger agreement with Concord
The Circle-Concord business combination will create a new company that plans to list publicly on the New York Stock Exchange.
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Coinbase and 17 Other Crypto Firms Launch ‘Travel Rule Universal Solution Technology’
On Wednesday, the publicly-listed cryptocurrency firm Coinbase announced the launch of a collaborative effort called TRUST, which stands for “Travel Rule Universal Solution Technology.” The plan is described as an…
Circle’s USDC stablecoin gobbles Tether’s market share with 50B milestone
The 50 billion USDC circulating milestone has increased Circle’s share of the stablecoin market to almost 30%.
USDC flips Tether on the Ethereum network
The total supply for USDC on Ethereum has surpassed that of Tether, putting USDT in second place on Ethereum for the first time.
Defi Portfolio Tracking Startup Debank Raises $25M From Sequoia China, Crypto.com, Circle
The decentralized finance (defi) portfolio tracking startup Debank raised $25 million from investors according to an announcement on Tuesday. Following the equity financing round, Debank says it has an overall…
Sequoia China leads $25M equity round for DeFi wallet DeBank
Co-founded in 2018 by Chinese R&D expert Tang Hongbo, DeBank allows users to track 798 protocols across 17 chains.
Avalanche eyes 60% rally as AVAX price breaks out of bull flag
The bullish setup also emerged as crypto custodian BitGo announced that it would add AVAX to its service portfolio.
USDC Sees Native Launch on Avalanche
USDC, the second leading stablecoin by market cap, has been launched on the Avalanche blockchain as a native token. Previously, users wanting to get USDC in Avalanche had to bridge…