Over 5.5 Billion USDC has Been Transferred оn-Chain
As of Jan. 31, 2019 over 5.5 billion USDC stablecoins have been transferred on the Ethereum blockchain Go to Source Powered by WPeMatico
Circle
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Circle’s Head of Partnerships Joins Blockchain Startup Celo
Chuck Kimble, who helped to launch the USD-pegged stablecoin USDC at crypto finance company Circle, has joined as head of strategic partnerships at blockchain firm Celo Go to Source Powered by WPeMatico
Forbes ‘2019 Fintech 50’ Lists About Half as Many Blockchain Companies as 2018 Edition
Little over half as many blockchain companies as in the previous year are featured on the Forbes “Fintech 50” list for 2019 Go to Source Powered by WPeMatico
Blockchain, DLTs, and a Lot of Crypto-Bashing: Main Takeaways From Davos WEF
Recap of what went on at WEF Davos 2019 (spoiler: a lot of “blockchain before Bitcoin”) Go to Source Powered by WPeMatico
OTC Desks Proliferate as Volume Shifts From Spot Markets
While trading volume on the top cryptocurrency exchanges declined dramatically during the second half of 2018, all signs suggest that over-the-counter (OTC) markets are now attracting increasing liquidity, with a number of prominent cryptocurrency exchanges entering the OTC space. Additionally, several major existing OTC desks have recently spoken of experiencing significant growth in trade volume. … Read more
Circle Releases Third Audit Report of Stablecoin USDC’s Dollar Reserves
Circle releases yet another third-party audit report of the USD reserves backing its stablecoin, USDC Go to Source Powered by WPeMatico
Circle CEO Says More Regulatory Clarity From US SEC Will Help Unlock Crypto Markets
The CEO and co-founder of crypto finance company Circle says more clarity over crypto and securities laws will help unlock market activity Go to Source Powered by WPeMatico
Circle’s Cryptocurrency OTC Desk Swapped More Than $24 Billion in 2018
Finance company Circle claims its over-the-counter (OTC) cryptocurrency trading desk swapped a notional volume of $24 billion last year. The Boston-based company’s Circle Trade desk reportedly executed more than 10,000 cryptocurrency settlements between 600 unique counterparties in 2018. Also Read: New Full Node Client ‘Bitcoin Verde’ Joins the BCH Ecosystem Despite the Crypto Bear Market in … Read more
Circle Executed $24 Billion in OTC Trades in 2018
The OTC trading desk at crypto finance firm Circle executed $24 billion in trades in 2018, according to a recent statement Go to Source Powered by WPeMatico
Bitcoin Whales and the Rise of Crypto-Fueled OTC Desks in 2018
Cryptocurrencies grew immensely popular in 2017, but throughout the following year, digital asset markets fell sharply in value. However, over-the-counter (OTC) market makers thrived in 2018, with a slew of business models in the industry catering to OTC clients. Also Read: Bitbacker.io Aims to Offer a Cryptocurrency-Powered Patreon Alternative Billions Swapped Using Over-the-Counter Cryptocurrency Services … Read more