Circle

BlockFi Stuck $227 Million At Silicon Valley Bank

BlockFi, the bankrupt crypto lender, runs the possibility of having its cash frozen at Silicon Valley Bank, which failed Friday…

2 years ago

Stablecoin Market Depeg Strong Due To The Fall Of Silicon Valley Banks

The stablecoin market plummeted after a significant impact on the closure and forfeiture of Silicon Valley Bank made by the…

2 years ago

How Is Signature Bank Enjoying The Advantage When Silvergate’s Rival Collapses?

At a time when SilverGate was in crisis and stopped operating suddenly after a series of clearly indicated financial risks,…

2 years ago

Dapper Labs Can’t Process ACH Withdrawal Option Because It Was Removed By Circle

Key Points: Dapper Labs removed the ACH withdrawal option because its payment partner Circle has discontinued the service. Bank transfers…

2 years ago

Circle’s USDC Circulation Volume Increased By $1B In The Past Week

Key points: According to official data, from February 23 to March 2, USDC's Circle increased circulation by about 1 billion…

2 years ago

Circle Will Transfer A Part Of Silvergate’s USDC Reserve Deposits

Key Points: Circle made the announcement that it will be transferring a little amount of USDC reserve deposits held by…

2 years ago

Silvergate Loses More Partners Mid Crisis

Key points: Many big names in the crypto space in the United States have announced they are severing ties or…

2 years ago

Crypto Firm Circle Defies Downsizing, Boosts Workforce By 25%

Key Points: Circle bucked the market's wave of layoffs by increasing its workforce by 25%. The number of newly hired…

2 years ago

SEC May Sue Against Paxos, Stablecoin Market Suffers Huge Impact

Key Points: Although not yet official, the US Securities and Exchange Commission (SEC) is most likely preparing to take action…

2 years ago

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