An IPO in the United States has been formally filed by Circle Internet Financial, the business that created the well-known stablecoin USDC, according to reports. The announcement, which was made recently, is a major step forward for the Boston-based company’s plans to go public and become more widely accepted. Circle
January 12, 2024 2 mins read
U.S. inflation increased to 3.4% in December 2023, according to the Consumer Price Index (CPI) statistics issued on Thursday by the United States Bureau of Labor Statistics. A gain of 3.4% occurred in the 12 months ending in December, outpacing the 3.1% growth seen in the 12 months ending in
January 11, 2024 1 min read
eesee, an innovative one-stop liquidity solution and gamified marketplace for sellers, has announced the successful closing of its $2.85 million fundraise. The raise included a $1.1 million seed round and a $1.75 million private round, with participation by SevenX Ventures, Maven Capital, MetaBros, Contango Digital Assets, BasementDAO, and more. The
January 10, 2024 3 mins read
Leading liquid staking protocol for Cronos, Veno Finance, made its debut on the zkSync Era Layer-2 blockchain scaling solution. With its introduction, zkSync Era users may now directly stake their ETH tokens and obtain Liquid ETH (LETH) tokens, creating new opportunities for yield farming inside the platform’s decentralized finance ecosystem. Users
January 9, 2024 3 mins read
The Digital Securities Sandbox (DSS) is changing the financial scene in the United Kingdom. A move toward blockchain technology in securities trading has been announced by a project co-managed by the Bank of England (BoE) and the Financial Conduct Authority (FCA). Firms may now test out asset tokenization in a
January 8, 2024 2 mins read
Big names in finance, including BlackRock, Ark, Fidelity, Invesco, Galaxy Digital, WisdomTree, and Valkyrie, have taken a bold step toward launching the first Bitcoin exchange-traded fund (ETF) in the U.S as the deadline of January 10th draws near. The corporations in question recently submitted their final Form S-1 modifications to
January 8, 2024 2 mins read
CoinsPaid, a processor of digital assets and cryptocurrency payment ecosystem, is now dealing with another possible crypto fraud, which might lead to a loss of more than $6 million. Users of the CoinsPaid platform have reportedly suffered massive losses due to fraudulent transactions as per information gathered by on-chain researcher
January 6, 2024 2 mins read
Daily Solana transaction volume exceeds $40 billion, according to recent statistics. Since October of 2022, it is the highest level. Meanwhile, tokens created utilizing the SPL standard are seeing economic throughput increases not seen since late 2022. From early December, when the seven-day moving average of transaction volumes was at
January 6, 2024 1 min read
According to asset manager VanEck, which is now in the process of applying for a spot Bitcoin exchange-traded fund with the U.S SEC, they want to give back to the Bitcoin core developers when the fund is approved. In anticipation of the possible acceptance of its spot Bitcoin ETF application,
January 6, 2024 1 min read
According to the latest nonfarm payrolls statistics from the Bureau of Labor Statistics, the United States supposedly gained 216,000 jobs in December. The number of employment created in December was higher than the 199,00 positions added in November, according to the figures released on Friday. More jobs were created in
January 5, 2024 1 min read