Category: Circle
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Court to decide if Elliott-owned firm can enforce Funding Circle debts
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The Battle of the Supreme Court is scheduled to determine whether Azzuro Associas, a debt buyer, is eventually owned by the Elliott Management Fund, has the right to follow up on small business managers to pay them under personal guarantees that were initially arranged through the financing department. The case,…
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Court to decide if Elliott-owned firm can enforce Funding Circle debts
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The Battle of the Supreme Court is scheduled to determine whether Azzuro Associas, a debt buyer, is eventually owned by the Elliott Management Fund, has the right to follow up on small business managers to pay them under personal guarantees that were initially arranged through the financing department. The case,…
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Major Crypto Partnership: Binance And Circle Announce New Alliance For USDC Adoption
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Binance and Circle established a strategic collaboration on Wednesday to increase adoption and usage of the USDC stablecoin during a press conference in Abu Dhabi. According to According to Fortune, the collaboration between Binance, the world’s largest cryptocurrency exchange, and Circle, which co-founded USDC with Coinbase, aims to capture a…
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Circle CEO Says IPO Plans Remain Active Amidst Possible Troubles For Tether
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Jeremy Allaire, CEO of Circle, confirmed that the stablecoin issuer remains committed to launching an initial public offering (IPO). Interestingly, these comments came amid a controversial report about Tether, Circle’s biggest competitor. Circle’s financial position is strong, and no additional money is needed, says Circle Boss in Interview with Bloomberg…
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Funding Circle co-founder Samir Desai to leave board, marking end of an era
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Sameer Desai, co-founder and former CEO of Funding Circle, is stepping down from the board of the small business lending company, further distancing himself from the company he helped build. Desai, 41, was instrumental in founding the peer-to-peer lending platform in 2010 alongside Andrew Mullinger and James Meekings. After serving…
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Funding Circle co-founder Samir Desai to leave board, marking end of an era
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Sameer Desai, co-founder and former CEO of Funding Circle, is stepping down from the board of the small business lending company, further distancing himself from the company he helped build. Desai, 41, was instrumental in founding the peer-to-peer lending platform in 2010 alongside Andrew Mullinger and James Meekings. After serving…
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Circle exec expects ‘huge shift’ in EU market post-MiCA
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Patrick Hansen, Circle’s European Strategy Director, expects significant jumps in the EU cryptocurrency and stablecoin market by late 2025. At the European Blockchain Conference in Barcelona, Hansen shared expectations for progress in the cryptocurrency market structure across the European Union. Block markets in crypto assets regulation, known as markets in…
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Circle exec expects ‘huge shift’ in EU market post-MiCA
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Patrick Hansen, Circle’s European Strategy Director, expects significant jumps in the EU cryptocurrency and stablecoin market by late 2025. At the European Blockchain Conference in Barcelona, Hansen shared expectations for progress in the cryptocurrency market structure across the European Union. Block markets in crypto assets regulation, known as markets in…
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Circle exec expects ‘huge shift’ in EU market post-MiCA
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Patrick Hansen, Circle’s European Strategy Director, expects significant jumps in the EU cryptocurrency and stablecoin market by late 2025. At the European Blockchain Conference in Barcelona, Hansen shared expectations for progress in the cryptocurrency market structure across the European Union. Block markets in crypto assets regulation, known as markets in…
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Circle Accused Of Cashing In On Lazarus Group Cyberattack
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According to blockchain researcher ZachXBT, Circle was making money from transactions aligned with the notorious North Korean hacking group Lazarus Group, a serious accusation leveled against the company. This claim comes after an incident that occurred circle It took more than four months to delay the blacklisting of funds linked…
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Kamala Harris’ inner circle girds for battle By Reuters
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By Nandita Bose, Trevor Hunnicutt, and Jeff Mason WASHINGTON (Reuters) – Kamala Harris is preparing for the fight of her life, if those closest to her are to be sure. The vice president has surrounded herself with a group of experienced operators, many of them Black women who have been…
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Circle minted $250m USDC on Solana
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Over the past week, Circle has injected nearly $1 billion of new liquidity into the Solana ecosystem. Stablecoin Source Circle Coined $250 million USDC via its Solana (SOL) treasury wallet. As of this writing, USDC is the largest stablecoin offered on the SOL ecosystem. The dollar-pegged cryptocurrency Circle comprises $2.35…
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Circle minted $250m USDC on Solana
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Over the past week, Circle has injected nearly $1 billion of new liquidity into the Solana ecosystem. Stablecoin Source Circle Coined $250 million USDC via its Solana (SOL) treasury wallet. As of this writing, USDC is the largest stablecoin offered on the SOL ecosystem. The dollar-pegged cryptocurrency Circle comprises $2.35…
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Circle CEO Jeremy Allaire’s Insane Bullishness On Crypto’s Future
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Source: Washington Post via Getty Images There is no doubt that the cryptocurrency industry has undergone a remarkable transformation over the past decade, emerging from the fringes to become a mainstream phenomenon. At the forefront of this development is Jeremy Allaire, Co-Founder and CEO of Circle, the company behind the…
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Circle CEO Jeremy Allaire’s Insane Bullishness On Crypto’s Future
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Source: Washington Post via Getty Images There is no doubt that the cryptocurrency industry has undergone a remarkable transformation over the past decade, emerging from the fringes to become a mainstream phenomenon. At the forefront of this development is Jeremy Allaire, Co-Founder and CEO of Circle, the company behind the…
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Circle Executive Says Euro Stablecoins Will Boom After MiCA Goes Live In 2 Weeks
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Patrick Hansen, a senior policy executive at Circle, an issuer of USD and EUR stablecoins, believes that euro-based stablecoins will continue to rise in the coming days. Moving on to X, Hansen male The number of transactions made using Euro stablecoins is 1.1%. Euro against the stable US dollar Source:…
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Circle Executive Says Euro Stablecoins Will Boom After MiCA Goes Live In 2 Weeks
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Patrick Hansen, a senior policy executive at Circle, an issuer of USD and EUR stablecoins, believes that euro-based stablecoins will continue to rise in the coming days. Moving on to X, Hansen male The number of transactions made using Euro stablecoins is 1.1%. Euro against the stable US dollar Source:…
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Blood In The Water? Ethereum Whales Circle As Price Drops
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Ethereum (ETH), the world’s second-largest cryptocurrency by market cap, has created a confusing scenario for investors recently. Although note its price fell, On-chain data reveals that large investors, often referred to as “whales,” are accumulating ETH. This may indicate a potential buying opportunity, although technical indicators point to a weakening…
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How Sunak’s Small Circle Forged Vote Plan That Shocked Cabinet
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Breadcrumb links PMN works Rishi Sunak gave his senior ministers just over an hour’s notice of what he was about to tell the country, and had already told King Charles III that he had decided to call a snap UK general election on 4 July. Article writer: Bloomberg News Alex…