Blockchain Circle shifts legal home to US ahead of IPO Circle’s strategic shift away from Ireland could increase compliance costs, but the tradeoff suggests improved investor confidence. By VirtualCoinCap5 days ago
Tether has $1.5B in Bitcoin reserves: BDO Italia The financial advisory and accounting firm also revealed that Tether held roughly $3.4 billion worth of precious ... By VirtualCoinCapMay 10, 2023 BDO
Tether market cap eyes record high after regaining 65% stablecoin dominance The market capitalization of Tether is nearly a billion dollars away from reaching a new lifetime peak ... By VirtualCoinCapApril 17, 2023 banking crisis
Circle clears ‘substantially all’ minting and redemption backlog for USDC The stablecoin issuer says that from March 13 and March 15, it redeemed $3.8 billion USDC and ... By VirtualCoinCapMarch 16, 2023 backlog
Circle ‘able to access’ $3.3B of USDC reserves at Silicon Valley Bank, CEO says Circle’s earlier disclosure that $3.3 billion worth of USDC reserves were held with Silicon Valley Bank resulted ... By VirtualCoinCapMarch 15, 2023 $3.3 billion
Debtors saved over $100M using de-pegged stablecoins to repay loans Debtors jumped on the opportunity to grab a discount on their loan repayments when USDC and DAI ... By VirtualCoinCapMarch 14, 2023 Aave
USDC depegged, but it’s not going to default USD Coin is going to survive Silicon Valley Bank’s collapse. But it should inspire advocates of cryptocurrency ... By VirtualCoinCapMarch 13, 2023 Circle Coin
Bitcoin futures premium falls to lowest level in a year, triggering traders’ alerts On March 12, Bitcoin futures traded 5.5% below regular spot exchanges, causing volatility in derivatives markets. By VirtualCoinCapMarch 13, 2023 backwardation
314M USDC sent to null address as redemptions begin: Report The token is on the verge of restoring its 1:1 peg with the U.S. dollar after falling ... By VirtualCoinCapMarch 13, 2023 Circle
Bitcoin price flash spikes to $50K on Binance after USD Coin peg snaps The market frenzy that started with the Silicon Valley Bank collapse is pushing the BTC price higher, ... By VirtualCoinCapMarch 13, 2023 Binance
Fed starts ‘stealth QE’ — 5 things to know in Bitcoin this week Bitcoin and crypto react bullishly to news that the Fed is providing liquidity again after the failure ... By VirtualCoinCapMarch 13, 2023 bankruptcy
USDC bounces back toward $1 peg after Fed announcement Positive developments concerning Circle's $3.3 billion worth of reserves held at Silicon Valley Bank and its new ... By VirtualCoinCapMarch 13, 2023 BNY Mellon
USDC slowly repegs on unconfirmed reports of SVB resolution According to insiders, 50% of uninsured deposits will be paid out by next week. By VirtualCoinCapMarch 11, 2023 Cryptocurrencies
Crypto whales suffer huge losses due to USDC depeg, SVB collapse The depegging of the USDC stablecoin has affected other stablecoins, wreaking havoc on crypto projects and stakeholders ... By VirtualCoinCapMarch 11, 2023 Cryptocurrencies
Bitcoin price spikes to ‘$26K’ in USDC terms — How high can the BTC short squeeze go? Bitcoin recovers from the USDC’s depeg from the U.S. dollar. By VirtualCoinCapMarch 11, 2023 Bitcoin
MakerDAO files emergency proposal addressing 3.1B USDC exposure “Proposal(s) implementing the above changes are expected to be posted in the next ~12 hours or less,” ... By VirtualCoinCapMarch 11, 2023 Cryptocurrencies
Breaking: Circle discloses $3.3B tied up at Silicon Valley Bank Circle joined other customers and depositors in calling for the continuity of SVB in the U.S. economy. By VirtualCoinCapMarch 11, 2023 Circle
Vitalik Buterin’s philanthropic fund donates 15M USDC to UC San Diego The Airborne Institute will use the generous grant to study the transmission of airborne diseases such as ... By VirtualCoinCapMarch 8, 2023 Buterin
Binance ‘not planning any layoffs,’ 500 roles to be filled in H1 A Binance spokesperson told Cointelegraph that they hired 600 people since January and have no imminent plans ... By VirtualCoinCapMarch 2, 2023 BTC
Mastercard releases New Job Listings for upcoming Crypto Wallet Projects September 30, 20192732 views