Tag: Circle

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Circle (CRCL) beats earnings estimates but misses on revenue amid $222 million Arc raise

Circle, issuer of the world's second-largest stablecoin, USDC, posted estimate-beating first-quarter earnings as revenue rose 20% and it raised $222 million for its Arc...

Circle (CRCL) is trying to prove it’s more than just a stablecoin company with $3 billion blockchain

Circle’s (CRCL) upcoming Arc blockchain and its $222 million token presale are raising a broader question for crypto investors: should Circle still be valued...

Circle Raises $222M in Arc Presale at $3B FDV

The private token sale for Circle's Arc blockchain was led by a16z crypto, and included BlackRock, Apollo, and Intercontinental Exchange.USDC issuer Circle announced the...

Dominance of Tether and Circle is a net bad for stablecoins, says Bridge executive

Miami Beach — The stablecoin universe, dominated by Tether and Circle, hampers competition that could lead to better product-market fit for some important use...

Lighter Names USDC as Preferred Stablecoin in New Circle Partnership

The agreement spans spot and perpetual trading, settlement, liquidations, and onboarding flows on the decentralized exchange.Circle and Lighter have entered a strategic partnership that...

Circle (CRCL), Coinbase (COIN) lead crypto stocks rally amid Clarity Act progress

Crypto-related stocks rallied Monday, led by Circle (CRCL) and Coinbase (COIN), as progress on U.S. digital asset legislation and bitcoin BTC$80,587.54 breaking above $80,000...

Circle Launches Gas-Free ‘Nanopayments’ on Mainnet Across 11 Blockchains

The stablecoin issuer's new payment rail enables USDC transfers as small as $0.000001, targeting AI agents that pay per API call, per second, or...

Circle Proposes Emergency Rate Changes to Unstick Aave’s Frozen USDC Pool

Stablecoin issuer argues Aave's interest rate curve is failing to clear the $1.89B pool after four days at full utilization.Circle has proposed an emergency...

Circle Hit With Class Action Suit Over $280M Drift Hack

Circle Internet Group is facing a class action lawsuit led by a Drift Protocol investor claiming it failed to freeze funds stolen in a...

Class Action Lawsuit Filed Against Circle Over Drift Protocol $280 Million Hack: Gibbs Mura Law Group

Law firm charges Circle Internet Financial with failing to freeze $230 million in stolen USDC after the April 1 Drift Protocol exploit, allegedly linked...

Public Backlash Prompts Circle Response To $270M Drift Protocol Theft: Details

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Circle (CRCL) has responded publicly to mounting criticism tied to the exploit...

Circle (CRCL) and Bullish (BLSH) fail to participate in Thursday rally

Crypto prices and U.S. stocks rallied Thursday on diminishing Middle East worries, but Circle (CRCL), Bullish (BLSH) and Coinbase (COIN) all posted sizable declines.Circle...