The first was a $110 million USD Series E equity investment and partnership with mining giant Bitmain; the second was its creation of a tokenized "stablecoin" asset created to hedge against price volatility in crypto transactions.
On its company blog, Circle said a USD-pegged token is essential for blockchain tech and payments to be adopted widely.
Circle, which is valued at almost €3 bilion following the latest round, also announced a new virtual currency or so-called "stablecoin", known as Circle USDC, which is to run on ethereum, will be pegged to the US dollar.
Investors in previous funding rounds include such giants as Goldman Sachs, Baidu and investment bank China International Capital.
A new project is offering bitcoin investors a refuge from market volatility., a US-based company for online payments, announced the launch of USD Coin, a dollar-pegged token on the Ethereum blockchain.
Amazon.com (AMZN) Shares Bought by Sigma Planning Corp
The e-commerce giant reported $3.27 earnings per share for the quarter, topping analysts' consensus estimates of $1.80 by $1.47. Florida-based Smith Chas P & Associates Pa Cpas has invested 0.08% in Amazon.com, Inc. (NASDAQ:FB) rating on Tuesday, June 20.
Bringing Poloniex into the fold put Circle on track to generate more than $1 billion in annual revenue, Fortunereported. Circle said each token, called the (USDC) Circle USD Coin, will be backed by the reserves of US dollars. CENTRE is a wholly owned subsidiary of Circle, but Circle CEO Jeremy Allaire said that the foundation would become more independent as other members joined.
The new cryptocurrency is set to compete with other virtual coins backed by traditional currencies.
It's clear that Circle wants to build the infrastructure of the cryptocurrency industry. "As I like to say, go in through the front door-don't go hide in the shadows", Allaire told xconomy. Yes, technically this new digital coin made by Circle and Tether essentially do the same thing, but what makes them stand apart is their platforms. This new USDC will make digital tokens that much more appealing to the masses.
If blockchain tech and cryptocurrencies take off in the way Circle and its partners envision, people will be able to "transmit value to anyone, anywhere, instantly, at zero cost, the same way I can share my opinion globally at zero cost or share content with someone instantly, globally", Allaire told Xconomy.
Bitmain will also join CENTRE's efforts to introduce multiple fiat-backed stablecoins and provide financial interoperability around the world.
But Arteta hasn't managed on any level and some Gunners supporters are unsure they want an untried manager taking over the reins. Moving forward, Arteta is considered as what Arsenal are looking for in the wake of Wenger .
They face BATE in the Belarusian Cup final on Sunday, where they will seek to defend the trophy they won past year . They are eighth in the Belarusian Premier League and face Bate Borisov in the Belarusian Cup final on Saturday.
German Chancellor Angela Merkel said the country is committed to fulfilling its worldwide responsibilities. France and Britain have also pledged to uphold the deal provided Iran keeps up its side of the bargain.
WhatsApp Stories now counts 450 million daily active users, while Instagram Stories has racked up 300 million daily active users. The aim is to make it more attractive to people who can't use Stories the way it is now - and therefore don't use it at all.
A jury convicted Atilla of five counts, including conspiracy, but acquitted him of one money-laundering charge. He simply tried to downplay his role in the fake food scheme and refused to have meetings with USA officials.
The stock of Boston Scientific Corporation (NYSE: BSX ) earned "Buy" rating by BMO Capital Markets on Wednesday, November 29. The medical equipment provider reported $0.33 EPS for the quarter, topping analysts' consensus estimates of $0.32 by $0.01.
The new Honda Amaze 2018 is based on a all-new platform and the kerb weight of the compact sedan stands between 905kg and 1,039kg. The Amaze gets dual-tone interiors with a 3-spoke multi-functional steering wheel and a twin-pod instrument cluster.
The invite reads, "Say Hello to Infinity and More", indicating that the upcoming smartphones will have Infinity Displays. Talking about the optics, the upcoming smartphone could sport a 13-megapixel rear camera and 8-megapixel front camera.
Players need to search 10 rubber duckies in total to complete the challenge and due to their small size they can be hard to find. Despite not being labeled as "Hard", this challenge will take up a lot of your time, should you try and do it without our help.
The expected future increase in earnings per share ("EPS") is an incredibly important factor.in identifying an under-valued stock. Presently, General Motors Company (NYSE:GM)'s Williams Percent Range or 14 day Williams %R is resting at -44.67.
England's 1966 winning star Ray Wilson dies
Wilson ended his football career in 1971 and subsequently worked as an undertaker for more than 25 years. The Twitter account of fellow World Cup victor Jimmy Greaves tweeted: "RIP Ray Wilson".
Eight-Year-Old Girl Indecently Assaulted In Sydney Home Invasion
Superintendent Karen McCarthy said: 'We are asking any member of the community who has seen anything suspicious to come forward'. The lady was not bodily injured and ran to her mom proper after the horrifying incident who then instantly contacted police .
Ford To Resume Production Of F-Series Trucks
Production was halted due to a shortage of parts caused by a May 2 fire at Meridian Magnesium Products in Eaton Rapids. The production hiccup will cost Ford 12 cents to 14 cents per share in the second quarter.
Nobody Can Dad-Dance Quite Like John Travolta
Travolta was also honoured with Variety's first Cinema Icon Award at the bash, which was held at the Hotel du Cap in Antibes. Travolta tried his best to boogie down, but disco doesn't exactly translate to hip-hop.
Michigan State to pay Larry Nassar victims $500 million in settl
Nassar faced charges on seven counts of criminal sexual misconduct in the first degree, to which he pleaded guilty to in November. The remaining $75 million will be held in reserve in the event future lawsuits are filed against the university over Nassar.
Apple-Samsung Damages Redux Kicks off in Silicon Valley
Apple told jurors that Samsung should hand over all the profit it made on four devices that were heavily inspired by the iPhone. Instead, the judges unanimously decided that an award could be based exclusively on the value of the components involved.
Watch out for the kids: George, Charlotte in royal wedding
He lives in Mexico, and it's unclear how close he is with Meghan . 66% of respondents said they are not interested in the wedding. The decision to bail out of the wedding has sparked a firestorm of interest over who will walk Markle down the aisle .