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Circle Flash News List | Blockchain.News

List of Flash News about Circle

Time Details
2024-08-08 16:07
Circle Mints Additional 250M USDC on Solana

According to Lookonchain, Circle has minted an additional 250 million USDC on the Solana blockchain just 4 hours ago. This brings the total amount of USDC minted by Circle on Solana to 3.75 billion since May 21. This significant activity could influence liquidity and trading volumes on the Solana network. (Source)

2024-08-13 13:39
Elwood Receives 52M USDC from Circle and Swaps into USDT on Binance

According to @OnchainDataNerd, 3 hours ago, Elwood received 52 million USDC from Circle. Subsequently, Elwood deposited all the USDC into Binance and swapped it into USDT. This transaction could indicate a strategic move or a shift in liquidity preference. (Source)

2024-08-13 14:29
Tether Maintains Market Dominance Over USDC

According to @gaborgurbacs, despite predictions by the VanEck team that Circle's USDC would surpass Tether's USDT by the end of last year, Tether has added $25 billion to its market cap and maintained a dominance of around 70%. (Source)

2024-08-16 01:00
Circle Mints Additional 250M USDC on Solana

According to Lookonchain, Circle has minted an additional 250 million USDC on the Solana blockchain just 5 hours ago. This brings the total amount of USDC minted by Circle on Solana to 4.5 billion since April 2. This significant increase in USDC supply on Solana could indicate growing demand and liquidity on the network. (Source)

2024-08-25 05:56
dYdX Community Voting on Adding Circle's EURC

According to @dydxfoundation, an on-chain vote has been created to decide whether the dYdX community should add Circle's EURC to the platform. The voting period will end on August 28, 2024, at 02:56 UTC. Traders should monitor the outcome as it could impact trading options and liquidity on dYdX. (Source)

2024-09-14 14:23
Criticism of Circle's Handling of DeFi Exploits

According to ZachXBT, Circle and its CEO Jeremy Allaire have been heavily criticized for not taking action to blacklist addresses involved in DeFi exploits or hacks. ZachXBT accuses Circle of prioritizing profit over the ecosystem's well-being, noting that the company continued to profit from transactions while delaying actions against malicious addresses by 4.5 months longer than others in the industry. (Source)

2024-09-14 09:05
Stablecoin Issuers Blacklist Addresses Linked to Lazarus Group

According to @zachxbt, four stablecoin issuers—Paxos, Tether, Techteryx, and Circle—have blacklisted two addresses associated with the Lazarus Group, freezing $4.96 million. Additionally, another $1.65 million has been frozen. (Source)

2024-09-14 09:04
Delayed Response from Circle on Address Investigation

According to ZachXBT, the addresses mentioned in his previous discussion in April 2024 were under investigation. The investigation was delayed by 4.5 months due to Circle's prolonged response time. The addresses are linked to MistTrack_io, Tayvano, MetaMask, and Symbiotic_bnb. (Source)

2024-09-17 08:08
ZachXBT Criticizes Actions as 'Basically Theft'

According to ZachXBT, recent actions involving significant figures and entities in the cryptocurrency space, such as DOGElonMusk420, Circle, and key representatives like RepDanGoldman and RepRitchie, are tantamount to theft. This strong statement suggests potential unethical behavior or mismanagement within the crypto community, which could impact market trust and investor confidence. (Source)

2024-09-17 07:36
Circle's USD Profits Highlighted by ZachXBT

According to ZachXBT, Circle is profiting from its USD holdings. This comment was made in response to a discussion involving several prominent figures and organizations in the cryptocurrency industry, including Circle's executives and representatives. (Source)

2024-09-17 07:05
ZachXBT Criticizes Circle's Inaction on Compliance and Security

According to ZachXBT, Circle's leadership frequently discusses compliance, security, and consumer protection, but there has been little observable action. He questions when Circle will move beyond rhetoric and start implementing meaningful measures. (Source)

2024-09-17 06:42
Users Losing USDC Due to Bad UX, Circle Has Recovery Ability but Won't Act

According to @zachxbt, a significant number of users have mistakenly transferred USDC to contract addresses across various blockchains due to poor user experience (UX) within the ecosystem. Although this is largely the user's fault, Circle, the issuer of USDC, has the capability within their contract to return the misplaced funds to the rightful owners but has chosen not to take action. (Source)

2024-09-18 11:00
Top Crypto News: WalletConnect Airdrop, Circle USDC Integration, Bitcoin CPI Returns

According to CCData_io, today's top crypto stories include WalletConnect announcing a WCT token airdrop on the Optimism network, Circle integrating USDC with Brazil's PIX and Mexico's SPEI payment systems, and Bitcoin's cumulative returns during the day of CPI announcements. (Source)

2024-12-11 06:36
Binance and Circle Announce Strategic Partnership

According to Richard Teng, Binance has announced a strategic partnership with Circle during a presentation with Jeremy Allaire at the ADFW event. This collaboration could have significant implications for the cryptocurrency market, potentially enhancing Binance's offerings and expanding Circle's reach. (Source)

2024-12-11 09:54
Criticism of Circle's Response to Crypto Exploits

According to ZachXBT, there is criticism toward Circle, a centralized issuer, for allegedly not assisting victims of large-scale exploits and hacks involving illicit funds. The tweet questions the existence and effectiveness of Circle's incident response team, suggesting dissatisfaction with their handling of such incidents. (Source)

2024-12-11 10:21
ZachXBT Supports USDC Freezing Post-Exploitation

According to ZachXBT, freezing USDC after it has been exploited from a protocol's contract or hacked from a hot wallet on an exchange is justified. This action is seen as appropriate for a centralized issuer, like Circle, which profits from the issuance of USDC. The perspective suggests that such measures are necessary to maintain control and security over the stablecoin's circulation. (Source)

2024-12-11 13:57
ZachXBT Highlights Established Stablecoin Issuers

According to ZachXBT, Circle and Tether are the most established entities in the stablecoin market, despite personal disagreements with Circle. Paxful is mentioned as another issuer following these two. (Source)