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Tag: Circle

Circle Names Former Homeland Security Official as Chief Legal Officer

Category: Altcoins, Bitcoin, Blockchain, Business, Finance, News

Circle Names Former Homeland Security Official as Chief Legal Officer

Gus Coldebella, a former acting general counsel of the U.S. Department of Homeland Security, is now the new Chief Legal Officer of trading startup Circle Internet Financial Ltd., the company announced in a blog post on September 6, 2018. New Addition to the Company According to a blog post written by Sean Neville and Jeremy Allaire, founders of tech startup…

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Circle Will Not Accept Any Payment for Cryptocurrency Listing

Category: Altcoins, Bitcoin, Blockchain, Business, News, Tech

Circle Will Not Accept Any Payment for Cryptocurrency Listing

Circle Financial has compiled a framework of requirements known as the Circle Assets Framework, for cryptocurrencies and other digital assets desirous of listing on its trading platforms. Announcing the Circle Assets Framework in a blog post on June 19, 2018, Circle mentioned that the framework contains its general position on the conditions and circumstances surrounding listing of assets, airdrops, forks…

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Circle’s ‘Buy The Market’ Brings Crypto to Low-end Retail Investors

Category: Altcoins, Bitcoin, Business, Finance, News, Tech

Circle’s ‘Buy The Market’ Brings Crypto to Low-end Retail Investors

Following the success of a $110 million funding round led by Bitmain in May 2018, Circle Internet Financial is positioning itself to tap into a large market of low and mid-level investors who want a smooth, low-risk entry point into cryptocurrency investment. On May 22, 2018, the Goldman Sachs-backed Fintech and cryptocurrency trading company announced the launch of a new…

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USDT Killer? Circle Announces USDC and Raises $110 Million in Series E Funding

Category: Altcoins, Business, Finance, News

USDT Killer? Circle Announces USDC and Raises $110 Million in Series E Funding

Bitmain has led a $110 million investment in Circle Internet Financial, in a funding round that values the company at $3 billion. Circle has also announced plans to launch USDC, a stable coin pegged to USD. Circle Bitmain Partnership The investment is the largest ever raised by a cryptocurrency or blockchain company, eclipsing $107 million raised by banking consortium R3….

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Circle Invest Cryptocurrency App Adds Support for Monero

Category: Altcoins, Business, Finance, News

Circle Invest Cryptocurrency App Adds Support for Monero

Circle Invest, the cryptocurrency investment app from Circle – a firm that has been around since 2013 – announced support for the fungible altcoin, monero (XMR) on May 7. Widening the Circle Since Circle Invest joined the crypto bandwagon back in 2013, the firm has not stopped making it easy for its customers to invest in digital currencies. In a…

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Circle Trade Raises Minimum Bitcoin OTC Limit to $500k

Category: Altcoins, Bitcoin, Business, Finance, News

Circle Trade Raises Minimum Bitcoin OTC Limit to $500k

Minimum order size for bitcoin trades at Circle, one of the largest liquidity providers and over-the-counter (OTC) digital asset marketplaces in the world, has shot up to $500,000. That’s 100 percent higher compared to where the figure stood previously. Rising OTC order sizes OTC services are optimized for high net worth institutions and individuals looking to conduct large cryptocurrency trades…

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Circle Launches Crypto Exchange App in the US, Plans to Expand in Asia

Category: Altcoins, Bitcoin, Business, Finance, News

Circle Launches Crypto Exchange App in the US, Plans to Expand in Asia

Circle continues to make giant strides in its bid to become a major force in the global cryptocurrency industry as it has announced the launching of its new app in the US. In a blog post on Wednesday, March 14, 2018, on the company’s website, Rachel Mayer, the Senior Product Manager at Circle announced that early access availability of the…

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Coinbase Eyes M&A Potential After Poloniex Sells to Circle

Category: Altcoins, Bitcoin, Business, Finance, News

Coinbase Eyes M&A Potential After Poloniex Sells to Circle

The US’s largest Bitcoin exchange, Coinbase, has headhunted a renowned LinkedIn dealmaker in the form of Emilie Choi. Naming her VP of Corporate and Business Development, the exchange’s appointment of Choi could herald new mergers and acquisitions. Goldman Sachs-funded payments company Circle’s acquisition of Coinbase rival Poloniex, another major Bitcoin exchange, is seen as having prompted a focus on logical…

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Circle Acquires US-based Bitcoin Exchange Poloniex For An Undisclosed Amount

Category: Altcoins, Bitcoin, Business, Finance, News

Circle Acquires US-based Bitcoin Exchange Poloniex For An Undisclosed Amount

Sean Neville and Jeremy Allaire, co-founders of Circle, have released an announcement on the company’s website detailing the acquisition of Poloniex, one of the biggest cryptocurrency exchange platforms in the United States. The announcement, made on February 26, 2018, is part of the company’s drive to position itself as a major force in the global blockchain industry. As part of…

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Circle Stops Buying and Selling of Bitcoin, Shifts to Social Payments

Category: Bitcoin, Business, News

Circle Stops Buying and Selling of Bitcoin, Shifts to Social Payments

Circle announced on December 7 that it would be closing doors to direct Bitcoin selling and buying, as well as the introduction of Spark, a new open-source project that will facilitate the transfer of currency across borders. For customers that still hold Bitcoin, holdings will still be applicable under Circle’s Bitcoin Insurance Policy. Bitcoin holding customers can still withdraw to…

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