Tagged: circle

October 5, 2018 @ 11:28 am By JD Alois  |  

SeedInvest, one of the leading US based investment crowdfunding platforms, is being acquired by crypto firm Circle. The news was reported in a blog post by Circle that stated SeedInvest was being acquired as it seeks to enable startups to issue security tokens using blockchain, while… Read More

September 26, 2018 @ 1:12 pm By Samantha Hurst  |  

Boston-based Circle announced on Wednesday the launch of its USD coin. Circle reported that it and the CENTRE open source consortium introduced a service to tokenize US dollars and use those dollars over public blockchains on the internet, which is USD//Coin, also known as USDC. Circle previously announced plans… Read More

September 21, 2018 @ 9:16 am By JD Alois  |  

Cryptocurrency exchange Poloniex has announced it will de-list eight cryptocurrencies – effective September 25 at 12:00 noon ET. The eight crypto listings in question include: BTCD, BTM (Bitmark), EMC2, GRC, NEOS, POT, VRC, XBC. Poloniex gave users until October 25th to close any existing trades in… Read More

September 13, 2018 @ 4:26 pm By JD Alois  |  

Divya Agarwalla, SVP and, Head of Product at Circle, has recently posted some data pertaining to crypto based off of a commissioned survey of over 3,000 Millennials, Gen-Xers, and Baby Boomers in the US. So what did they uncover? See the bullets below: There is a gender… Read More

June 6, 2018 @ 2:47 pm By Samantha Hurst  |  

Boston-based cryptocurrency platform Circle is now making plans to apply for a banking license in the U.S. As previously reported, Circle, which is backed by Goldman Sachs, was founded in 2013 and offers four products: Circle Invest, which allows users to easily invest in crypto; Circle Pay,… Read More

May 16, 2018 @ 4:05 pm By Samantha Hurst  |  

On Tuesday, Boston-based Circle announced it has formed partnerships with USD Coin and Bitmain. Founded in 2013, Circle offers four products: Circle Invest, which allows users to easily invest in crypto; Circle Pay, allows users to send money like a text; Circle Trade, the company’s OTC trading… Read More

April 17, 2018 @ 3:04 pm By JD Alois  |  

The New York Attorney General Eric T. Schneiderman has sent a letter to 13 different cryptocurrency exchanges. Described as a fact-finding inquiry into the policies and practices of platforms used by consumers to trade cryptocurrencies, the AG labeled the move the Virtual Markets Integrity Initiative. The… Read More

March 7, 2018 @ 11:28 am By JD Alois  |  

The Securities and Exchange Commission (SEC),  Divisions of Enforcement and Trading and Markets, has published a statement on “online trading platforms,” or cryptocurrency exchanges, that trade in tokens minted by initial coin offerings (ICOs) and digital assets in general. The SEC stated: “The platforms often… Read More

February 27, 2018 @ 10:48 am By JD Alois  |  

As we reported yesterday, Circle has acquired cryptocurrency exchange Poloniex for $400 million. Not a small sum. But Poloniex has a small issue it must address soon. It is currently operating as an un-licensed securities exchange. Additional information regarding the acquisition surfaced yesterday that indicated… Read More

February 26, 2018 @ 8:25 pm By JD Alois  |  

  Circle’s acquisition of cryptocurrency exchange Poloniex was big news today. The combination of the two platforms may create a powerful payments / money transfer / digital currency exchange with a global presence. Simultaneously, questions crocked up about Poloniex’s exchange site that is operating without… Read More

February 26, 2018 @ 1:18 pm By JD Alois  |  

Circle has acquired global cryptocurrency exchange Poloniex to “accelerate the emerging token economy,” according to reports from both companies. At least one estimate pegged the acquisition price at $400 million. Circle is a company with a mission to to make sending money like sending anything else… Read More

October 23, 2017 @ 1:34 pm By Samantha Hurst  |  

Mobile investing platform Trigger Finance announced last week it has moved its New York City office. This news comes just after the company was acquired by Circle. Founded in 2015, Trigger describes itself as a mobile-first investing platform that encourages rules based investing for every DIY… Read More

June 16, 2017 @ 7:31 am By Jonathan Nieh  |  

Circle, a Blockchain based Fintech startup backed by Goldman Sachs, announced recently it was launching its mobile payments solution to the US, UK, and Europe, which will allow people to transfer money across countries without any fees instantly. Free and Instant Cross-Border Payments Blockchain is the… Read More