Cryptocurrency Analysis and News Portal
USDC issuer Circle Internet Financial said it is curbing support for individual consumer accounts to mint stablecoins, with currently only accepting qualified institutional clients. Source
Read More
The United States-based stablecoin issuer Circle has reported a partnership with Taiwan’s second-largest convenience store chain, FamilyMart, and a local crypto exchange, BitoGroup. According to the company’s press release from Oct. 26, it will deliver a new ‘Points-to-Crypto’ service on the Taiwan FamilyMart App. This will allow FamilyMart customers to exchange their
Read More
Circle has announced the launch of two new products enabling web2 developers to create and deploy decentralized applications easily. The Circle Gas Station and Circle Smart Contract Platform products will provide developers a way to access USDC balances and transactions on multiple blockchain networks. The product will support multiple blockchain networks, including
Read More
"We’re reducing friction and making blockchain transactions more accessible to everyone,” Gagan Mac, head of product for Web3 services at Circle, said in a statement. "With the launch of Gas Station, we are abstracting away blockchain transaction fees for end users and Smart Contract Platform makes it easier for businesses
Read More
A senior judge in the Columbian district court has reportedly signed multiple orders to clear pending motions in the ongoing lawsuit filed by the United States Securities and Exchange Commission against the crypto exchange Binance ahead of the crucial hearing.Among the key orders, the judge cleared an amicus brief filed
Read More
Circle has initiated the minting of its stablecoin, USDC, directly on Ethereum’s layer-2 solution, Polygon, aiming to enhance transaction speed and reduce fees. Circle, a major stablecoin issuer, unveiled its plans to mint its stablecoin, USD Coin (USDC), directly on Ethereum’s layer-2 scaling solution, Polygon. This progressive step eliminates the need
Read More
“Technically, bitcoin remains in an uptrend but ran into resistance at its 200-day moving average over the weekend,” the analysts said. “All eyes will be on BTCUSD to see if it can successfully consolidate above $28,000, the 200-day moving average. If it does, we can expect a quick rise to
Read More
A young entrepreneur who made mistakes while running a crypto empire or a liar who stole and used people’s money to enrich himself? In the first hours of Sam “SBF” Bankman-Fried’s six-week trial, that was the tone between his defense counsel and the prosecution.The former FTX CEO is facing a
Read More
On Sep. 29, USDC-issuer Circle launched Circle Research, an initiative to advance crypto, blockchain, and web3 innovation through open-source research. Perimeter Protocol, an open-source standard for building tokenized credit markets on blockchain networks, is the first project by Circle Research. The Perimeter Protocol aims to create a system of intelligent contracts and benchmarks for
Read More
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 29, 2023. First Mover is CryptoX’s daily newsletter that contextualizes the latest actions in the crypto markets. Source
Read More