Circle Terminates Bitcoin Trading, Focuses on Next Generation Platform
Circle, one of the largest venture capital-backed Bitcoin startups in Europe, officially terminated its Bitcoin trading services and has launched a Bitcoin Blockchain-based remittance and messaging application to serve the unbanked. In a customer support briefing, the Circle team stated: “Now we’re making payments more social than ever and diving headfirst into next-gen Blockchain technology, rather than the buying and selling of Bitcoin itself.” Moving from Bitcoin trading to next-gen technology. In a blog post entitled “Spark, New Markets, App Messaging, and Bitcoin Changes,” Circle CEO....
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Bitcoin brokerage Circle Internet Financial is said to be raising as much as $40m in new funding. As reported by Fortune, Circle is raising the funds at a valuation of $200m, citing persons with knowledge of the negotiations. A representative for Circle declined to comment. The move, if confirmed, would represent Circle's largest funding effort to date. Circle raised $17m in a Series B round last year, following an earlier $9m in Series A funding from 2013. The funding would raise Circle's total investment to $66m. Circle
On Thursday, at the Converge22 event in San Francisco, Circle announced the acquisition of the payment orchestration company Elements. Circle explained that the acquisition includes plans to “quickly scale payment offerings.” Circle says the new service will make it easier for merchants to integrate their existing points of contact with Circle’s crypto solutions.
Circle Reveals New Permissionless Cross-Chain Transfer Protocol at Converge22
This week Circle and a number of other crypto industry heavyweights attended the Converge22 event in San Francisco.....
Blockchain payments firm Circle has integrated with Apple's iMessage, a move that allows users to send payments in dollars, euro, pound sterling and bitcoin through the popular texting platform. Circle executives said the launch marks the end of preparations that began in June, when Apple announced it would open up iMessage to third-party developers. "We decided to jump on it," Circle CEO Jeremy Allaire said in an interview. "We had been planning to build out a model for app-less payments using Circle that would work in all the places people communicate and interact."....
Circle Internet Financial lifted the veil on its introductory product last week, providing CoinDesk with an extensive preview of what Circle.com will offer to the general market when it moves out of invite-only testing and past version one of its core offering. The company revealed the first hints about what was to become Circle.com in March and, since then, it has been gradually ramping up development of its product while slowly expanding its pool of invited users. First previewed at the Bitcoin2014 conference in Amsterdam this May, Circle largely delivers on its promise of providing a....
Circle, the issuer of the stablecoin usd coin (USDC), announced that the project is now supported on the Polygon network. The stablecoin with the second-largest market capitalization can now be withdrawn via a Circle Account and Circle APIs without the need for manual cross-chain bridge technology. Circle Reveals Polygon-Supported USDC Circle has revealed that usd coin (USDC) is now hosted on the Polygon network and the addition means USDC is now available via nine different blockchain networks. Polygon is a large crypto ecosystem with more than 19,000 decentralized applications (dapps)....