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.
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.
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.
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.
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.
He will have to sell his 5 percent stake in the Pittsburgh Steelers before officially taking control of the Panthers. Tepper told the New York Times , "Those who keep their heads while others are panicking usually do well".
As for the dress that caused an earlier commotion, some people said it was white and gold, while others saw blue and black. Amid the background noise, you're able to focus on what your dining partner is saying.
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.
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.
James Scully from Brisnet has a look at why Preakness history favors horses who run in the Kentucky Derby. This is because no such horse had won since Apollo , who at age 3 in 1882 won the Kentucky Derby.
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.
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.
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.
CBS has officially revealed its TV lineup for fall 2018 , its first in years that will not feature Thursday Night Football. CBS will also feature a modern take on a old classic as Magnum P.I. debuts this fall at 9pm Eastern Time on Monday nights.
Despite missing training, he still made the nine-hour journey to South Africa with his teammates after being named in a 23-man squad.
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 .
Boston Scientific (BSX) Shares Bought by M&T Bank Corp
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.
Arteta favourite to land Arsenal job
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 .
Vodafone (VOD) Insider Purchases 5533 Shares of Stock
The firm also engages in melting scrap jewelry, as well as sells the gold, silver, and diamonds in commodity markets. The Northgate (LON:NTG)'s stock had its "Buy" Rating sent to investors and clients in a note on Tuesday morning.
'Fortnite: Battle Royale' Season 4: Week 3 Challenges Leaked
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.
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 .