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Circle Publishes USDC Attestation, Reserve Report Reveals Segregated Accounts in USD-Denominated Assets

Circle Publishes USDC Attestation, Reserve Report Reveals Segregated Accounts in USD-Denominated AssetsOn July 20, the CEO of Circle Internet Financial LLC., Jeremy Allaire, published a blog post that explains the firm’s dollar-pegged stablecoin is backed by “prioritized trust, transparency, and accountability.” Allaire’s blog post follows a letter from the Centre Consortium’s accountant, Grant Thornton explaining that the stablecoin’s reserve account information matches the accompanying reserve account […]

LBank Partners With Elliptic to Enhance Compliance and Security in Global Expanding

Circle Captures $440 Million in Financing, Rumors of SPAC Deal Follow

Circle Captures 0 Million in Financing, Rumors of SPAC Deal FollowThe Boston-based cryptocurrency finance firm Circle has announced the company has raised $440 million in financing in order to “drive market expansion and growth.” The investment was led by prominent finance firms like Digital Currency Group, Fidelity Management and Research Company, and FTX. Circle Reveals $440 Million in Financing Circle Internet Financial, Inc. has revealed […]

LBank Partners With Elliptic to Enhance Compliance and Security in Global Expanding

USDC Attestations Run Late, Raising Alarms in the Crypto Community

USDC Attestations Run Late, Raising Alarms in the Crypto CommunityUSDC, the second most popular stablecoin in the cryptocurrency market, is late in releasing its attestations, which are documents that certify the number of dollars the custodian Centre holds in banks. The last attestation available for the currency dates back to February when the currency had a market cap of nine billion dollars. This fact […]

LBank Partners With Elliptic to Enhance Compliance and Security in Global Expanding