Today’s edition of the weekly recap covers a variety of topics including Strategy and GameStop each revealing major Bitcoin acquisitions totaling over $900 million. Meanwhile, El Salvador and Pakistan expanded their sovereign crypto reserves—despite global pressure from institutions like the…
Nearly $58 million in USDC has been frozen in connection with the LIBRA memecoin scandal, deepening the legal and political fallout from one of this year’s biggest crypto scandals. On May 29, blockchain analytics firm Arkham reported that Circle, the issuer of USD Coin (USDC), froze two Solana (SOL) wallets tied to the LIBRA deployer … Read more
Major crypto companies, such as Circle, Coinbase, BitGo, and Paxos, are preparing to apply for banking licenses in the US. According to the Wall Street Journal report dated 21 April 2025, these crypto companies are ready to capitalise on the current US government’s pro-crypto stance. JUST IN: #BITCOIN AND CRYPTO GIANTS COINBASE, CIRCLE, BITGO, AND … Read more
Circle, the company behind the USDC stablecoin, has officially filed for an initial public offering with the U.S. Securities and Exchange Commission. According to the April 1 filing, Circle (USDC) intends to list its Class A common stock on the New York Stock Exchange with the ticker “CRCL.” The company’s filing indicates that some current … Read more
Circle has unveiled USDCKit, a new tool designed to make USDC payment integration easier for businesses. According to a Mar. 27 announcement on Circle’s official blog, the demand for stablecoins has been rising despite market volatility. Stablecoins have found a strong product-market fit in both the web3 and traditional finance sectors. However, many companies struggle … Read more