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George Glover   


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4 mins read

Could FTX's implosion spill cryptos into a Lehman-style collapse? Here's what Jeremy Siegel, Larry Summers and 8 top experts say lies ahead.

Jeremy Siegel, Larry Summers, Carl Icahn, Mohamed El-Erian have assessed what FTX's collapse means …

Zahra Tayeb   


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2 mins read

De-dollarization is underway and Congress must pass stablecoin bill to boost greenback's competitiveness, Circle CEO says

"There are de-dollarization efforts that are underway in many parts of the world," Circle's Jeremy …

Filip De Mott   


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1 min read

More job cuts in the crypto world: US' Circle is latest to lay off staff, trim non-core investments

US-based cryptocurrency company Circle which manages stablecoin USDC (USD Coin), has announced that…

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2 mins read

Stablecoin issuer Circle terminates $9 billion SPAC deal as crypto winter rages on

"We are strong, growing, profitable and in the best financial position we've ever been in," Circle'…

Morgan Chittum   


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2 mins read

The SEC reportedly derailed stablecoin issuer Circle's plans to go public in a $9 billion SPAC deal

Despite the terminated deal, Circle said that it's "necessary, appropriate and reasonable for the S…

Morgan Chittum   


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2 mins read

Over $70 bn wiped off global crypto market, Bitcoin drops below $20,000

The collapse of three banks in the US, including the giant Silicon Valley Bank (SVB), within a week…

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2 mins read

Circle CEO says Terra's implosion has given lawmakers the impetus to speed up crypto regulation

Circle CEO Jeremy Allaire said the collapse of Terra has accelerated the need for the federal gover…

Zahra Tayeb   


Zahra Tayeb   


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2 mins read

Goldman Sachs-backed crypto payments group Circle aims to become a full-reserve national digital bank

Digital payments company Circle plans to become a full-reserve national commercial bank, according …

Camomile Shumba   


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1 min read

Executives from Coinbase, FTX, Circle, and other crypto firms are set to testify before Congress next week

The hearing will be led by Rep. Maxine Waters, chairwoman of the House Committee on Financial Servi…

Isabelle Lee   


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2 mins read

Circle tells congress its coin is '100%' backed by cash and short-term US debt as lawmakers scrutinize stablecoins

Circle CEO Jeremy Allaire and other crypto executives testified at a House Financial Services Commi…

Carla Mozée   


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1 min read

Stablecoin issuer Circle nets $400 million in funding from backers including investment giants Fidelity and BlackRock

Wall Street giants BlackRock and Fidelity are backing Circle, issuer of the USDC stablecoin, in a $…

Phil Rosen   


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1 min read

Terra revives failed luna cryptocurrency after its major meltdown but it falls sharply after launch

The new token "luna" (LUNA), which serves as the main staking asset of the Terra blockchain, droppe…

Zahra Tayeb   


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2 mins read

ECB chief Christine Lagarde says cryptocurrencies are 'worth nothing' and believes they should be regulated to protect people

ECB President Christine Lagarde said on Saturday cryptocurrencies are "worth nothing" and are "base…

Zahra Tayeb   


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2 mins read

Dow jumps 376 points as investors digest latest earnings and retail sales data

The Commerce Department reported that retail spending increased 0.9% in April, up for the fourth st…

Phil Rosen   


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1 min read

Cryptocurrency firm Circle to go public via SPAC deal that will value the company at $4.5 billion

The company behind the dollar-pegged stablecoin USDC is going public in a deal that could value the…

Emily Graffeo   


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2 mins read

The founder of collapsed stablecoin TerraUSD wants to build another blockchain from its network's ashes

Do Kwon wants to hard fork the Terra blockchain to create "classic" and new versions, with 1 billio…

Zahra Tayeb   


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2 mins read

Goldman Sachs says bitcoin is more vulnerable to Fed rate hikes than ever before, as markets price in 5 increases this year

Bitcoin "will not be immune to macroeconomic forces, including central bank monetary tightening," G…

Harry Robertson   


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2 mins read

Mark Zuckerberg's controversial crypto project Diem is looking to repay investors by selling its assets, report says

Diem is in talks with investment banks about how best to sell its intellectual property and cash ou…

Shalini Nagarajan