Circle Launches Arc Testnet With Visa, Mastercard, and BlackRock to Bridge Tr...

Circle Launches Arc Testnet With Visa, Mastercard, and BlackRock to Bridge Tr...

Stablecoin leader Circle, the issuer of USDC, has officially launched its Arc testnet with VISA, Mastercard and other major partners, a new Layer-1 blockchain designed to serve as the “economic operating system for the internet.” Related Reading: Solana Price Set For Double-Digit Rally Above $230: Analyst Reveals How To Spot Next Move The testnet already […]


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DAFI Protocol Launches dBridge Testnet with Merkle-Proof Cross-Chain Bridge

DAFI Protocol has announced the launch of their highly-anticipated dBridge Testnet that showcases a fast and secure cross-chain bridge that can support DAFI tokens and dTokens on multiple chains. The Testnet will give users the chance to experience the bridge functionality and report any feedback with the goal of perfecting the user experience and process […]

Coinbase Answers Circle With MasterCard Replacement Aspirations

Coinbase aims to supplant payment processors like MasterCard and Visa, CEO Brian Armstrong told the Wall Street Journal. As Armstrong hints at in the interview, altering current payment processing methods would be a huge boon to bank consumers around the world. Armstrong claims that credit card processing fees amount to $500 billion. Bitcoin will slim that number down to $50 billion. I wasn't able to verify that number with Google, but the point is that many experts estimate that Bitcoin could cut transaction costs and other fees to about 10% of whatever it currently is. MasterCard and....

Circle Starts Moving USDC Reserves Into a Blackrock-Managed Fund, Firm Expect...

According to the crypto firm Circle Internet Financial, the company is “deepening” its partnership with the world’s largest asset manager Blackrock. Circle disclosed that it has started to transfer USDC reserves into a Blackrock-managed fund that’s registered with the U.S. Securities and Exchange Commission (SEC). Circle Deepens Relationship With the World’s Largest Asset Manager Blackrock In mid-April 2022, Circle detailed that the company entered an investment agreement with Blackrock Inc., Fin Capital, Fidelity Management and Research, and Marshall Wace LLP. The investment was a....

Blackrock, Fidelity to Invest in Crypto Firm Circle’s $400 Million Funding Round

Blackrock, Fidelity, Marshall Wace, and Fin Capital are investing in crypto firm Circle. In addition, Blackrock, the world’s largest asset manager, has entered into a broader strategic partnership with the crypto firm. Blackrock, Fidelity, Marshall Wace, Fin Capital to Invest in Circle Circle Internet Financial announced Tuesday that it has entered into an agreement for a $400 million funding round with investments from Blackrock Inc., Fidelity Management and Research, Marshall Wace LLP, and Fin Capital. Circle is the issuer of USD Coin (USDC). The....

Diamond Circle's Cashless Bitcoin ATM Hits Australia's Golden Coast

I've just caught this one from other bitcoin news websites. Diamond Circle announced yesterday the launch of world's first cashless bitcoin ATM, which is installed at the Bluff Café in Burleigh Heads (in Queensland, Australia). In order to make use of the ATM, one must first open an account, which will dispense a bitcoin debit card for $5.00. At the same time, customers using the ATM are able to purchase bitcoins using their credit card, which eliminates the need for carrying around cash. Customers are also able to "top up" and review their balances in a speedy five seconds. If you're....