USDC

Circle Names Accounting Executive Danita Ostling to Board of Directors and Chair of Audit Committee

Thursday, October 21, 2021 - 2:00pm

Ms. Ostling's career with EY spanned 32 years and included serving as Professional Practice Director for the company's US East Region. In that role, she was responsible for consultations on accounting and auditing matters as well as risk management for the regional assurance practice. Previously, Ms. Ostling held various other roles within EY, including eight years in London as the Deputy Director Global Assurance Professional Practice -- Accounting. In addition to her work at EY, Ms. Ostling also held various roles at both the Financial Accounting Standards Board and Citigroup.

Key Points: 
  • Ms. Ostling brings decades of accounting, auditing and risk management experience to Circle, where she will chair the board's audit committee.
  • "We are thrilled to welcome Danita to Circle," said Jeremy Allaire, CEO and Co-founder of Circle.
  • "She's a tremendously accomplished global leader who brings to Circle's board remarkable expertise in accounting, auditing and risk management.
  • Ms. Ostling serves on the board of trustees and audit committee of Save the Children, US, in addition to other civic and professional involvement.

Mercurity Fintech Holding Announces $5 Million Private Placement

Tuesday, October 19, 2021 - 9:05pm

Mercurity expects to use the net proceeds from the offering for general corporate purposes, including continued investments in purchasing Bitcoin mining hardware, product development, research and development expenses, and working capital.

Key Points: 
  • Mercurity expects to use the net proceeds from the offering for general corporate purposes, including continued investments in purchasing Bitcoin mining hardware, product development, research and development expenses, and working capital.
  • The private placements are expected to close before the end of October 20, 2021, subject to the satisfaction of customary closing conditions.
  • About Mercurity Fintech Holding Inc.
    Mercurity is a fintech company powered by blockchain technology and engages in digital asset trading, asset digitization, cross-border remittance, and other services.
  • Mercurity does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.

Georgia Plastic first to accept Cryptocurrency for Cosmetic Procedures in Georgia

Tuesday, October 19, 2021 - 4:12pm

ATLANTA, Oct. 19, 2021 /PRNewswire/ --Georgia Plastic and Reconstructive surgery, Atlanta's premier plastic surgery center, has announced they will now accept Cryptocurrency powered by blockchain payment processor BitPay.

Key Points: 
  • ATLANTA, Oct. 19, 2021 /PRNewswire/ --Georgia Plastic and Reconstructive surgery, Atlanta's premier plastic surgery center, has announced they will now accept Cryptocurrency powered by blockchain payment processor BitPay.
  • Georgia Plastic is one of the first major Plastic Surgery center to accept Cryptocurrency for surgical and non-surgical aesthetic procedures.
  • Patients will now be able to pay for cosmetic services at both Georgia Plastic & Amachi MedSpa using approved crypto wallets.
  • Georgia Plastic and Reconstructive Surgery is a world class full-service Plastic surgery center established in 2010 offering surgical and non-surgical procedures and treatments by Board-Certified Plastic Surgeons and Physician Assistants .

Circle Expands USDC Multichain Ecosystem with Support on the Hedera Network

Monday, October 18, 2021 - 2:00pm

USDC on Hedera is now available to use within the Circle Account, Circle's global financial account for digital currency where customers can deposit, withdraw and send USDC on the Hedera network and use Hedera for USDC payment and settlement transactions.

Key Points: 
  • USDC on Hedera is now available to use within the Circle Account, Circle's global financial account for digital currency where customers can deposit, withdraw and send USDC on the Hedera network and use Hedera for USDC payment and settlement transactions.
  • Circle's entire suite of developer APIs have also been updated to support USDC on Hedera.
  • This developer support aligns with the primary focus of the HBAR Foundation , newly-formed to provide entrepreneurs with the funding and ecosystem resources needed to build and deploy new applications on the Hedera network.
  • "Support for USDC on the Hedera network means more people can take advantage of dollar digital currencies," said Jeremy Allaire, CEO and Co-founder of Circle.

Binance Launches $1 Billion Fund to Accelerate Blockchain Tech Adoption

Friday, October 15, 2021 - 1:50pm

NEW YORK, Oct. 15, 2021 /PRNewswire/ -- September 15, 2021 - Blockchain technology is becoming increasingly popular and thanks to a $1 billion growth fund being launched by the world's largest crypto exchange, it's about to get a lot bigger. Binance just announced the launch of a billion-dollar fund in support of the Binance Smart Chain blockchain to accelerate the adoption of digital assets and blockchain technology. At the same time, the total locked value in DeFi surpassed $200 billion, marking an impressive 855% increase since January 1, 2021, and revealing the market's growing appetite for blockchain, crypto, and decentralized finance (DeFi). As the popularity of blockchain increases, innovative companies like WonderFi Technologies Inc. (NEO:WNDR) (OTCPK:WONDF), Bitfarms (NASDAQ:BITF) (TSXV:BITF), Bit Digital (NASDAQ:BTBT), Mobilum Technologies Inc. (CSE:MBLM) (OTCPK:MBLMF) and DMG Blockchain (TSX-V:DMGI) (OTCQB:DMGGF) are taking steps to position themselves as market leaders in the expanding blockchain and crypto space.

Key Points: 
  • Binance just announced the launch of a billion-dollar fund in support of the Binance Smart Chain blockchain to accelerate the adoption of digital assets and blockchain technology.
  • WonderFi is also collaborating with Circle Internet Financial to offer customers the world's fastest-growing stablecoin, USDC through the WonderFi App.
  • Companies like Kevin O'Leary-backed WonderFi Technologies are providing solutions to support the growing blockchain, crypto, and decentralized finance markets as they become mainstream.
  • You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.

Binance Launches $1 Billion Fund to Accelerate Blockchain Tech Adoption

Friday, October 15, 2021 - 1:50pm

NEW YORK, Oct. 15, 2021 /PRNewswire/ -- September 15, 2021 - Blockchain technology is becoming increasingly popular and thanks to a $1 billion growth fund being launched by the world's largest crypto exchange, it's about to get a lot bigger. Binance just announced the launch of a billion-dollar fund in support of the Binance Smart Chain blockchain to accelerate the adoption of digital assets and blockchain technology. At the same time, the total locked value in DeFi surpassed $200 billion, marking an impressive 855% increase since January 1, 2021, and revealing the market's growing appetite for blockchain, crypto, and decentralized finance (DeFi). As the popularity of blockchain increases, innovative companies like WonderFi Technologies Inc. (NEO:WNDR) (OTCPK:WONDF), Bitfarms (NASDAQ:BITF) (TSXV:BITF), Bit Digital (NASDAQ:BTBT), Mobilum Technologies Inc. (CSE:MBLM) (OTCPK:MBLMF) and DMG Blockchain (TSX-V:DMGI) (OTCQB:DMGGF) are taking steps to position themselves as market leaders in the expanding blockchain and crypto space.

Key Points: 
  • Binance just announced the launch of a billion-dollar fund in support of the Binance Smart Chain blockchain to accelerate the adoption of digital assets and blockchain technology.
  • WonderFi is also collaborating with Circle Internet Financial to offer customers the world's fastest-growing stablecoin, USDC through the WonderFi App.
  • Companies like Kevin O'Leary-backed WonderFi Technologies are providing solutions to support the growing blockchain, crypto, and decentralized finance markets as they become mainstream.
  • You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.

Jewel Submits Bank License Application As First Digital Asset Bank In Bermuda To Serve Global Clients With Digital Asset Banking and Stablecoin Payments Infrastructure

Thursday, October 14, 2021 - 1:05pm

HAMILTON, Bermuda, Oct. 14, 2021 /PRNewswire/ --Jewel, a proposed bank serving digital asset businesses and institutions globally from Bermuda, has submitted its formal bank application with the Bermuda Monetary Authority (BMA), in a combined full-service bank and digital asset license application (to custody digital assets and issue stablecoins directly from the bank).

Key Points: 
  • HAMILTON, Bermuda, Oct. 14, 2021 /PRNewswire/ --Jewel, a proposed bank serving digital asset businesses and institutions globally from Bermuda, has submitted its formal bank application with the Bermuda Monetary Authority (BMA), in a combined full-service bank and digital asset license application (to custody digital assets and issue stablecoins directly from the bank).
  • Jewel's planned services address the core banking and settlement needs of global digital asset firms including core banking, digital asset custody, crypto-collateralized lending, and traditional fiat and stablecoin payments.
  • Yet with this larger global market, non-US digital asset firms are underserved with respect to banking, and stable banking represents a key pain point for them.
  • A key focus of Jewel's banking infrastructure is to fill the gap in the global non-US digital asset trading market for modern digital asset banking and DLT-based settlement that underlies the large global trading volumes.

CompoSecure Announces General Availability and Shipping of Its Arculus KeyTM Card for $99, Enabling Consumers to Manage Cryptocurrency in One Secure Place

Wednesday, October 13, 2021 - 1:00pm

Arculus makes it easy for consumers to manage cryptocurrency in one reliable place with the newly launched Arculus Wallet mobile app.

Key Points: 
  • Arculus makes it easy for consumers to manage cryptocurrency in one reliable place with the newly launched Arculus Wallet mobile app.
  • Something You Have The Arculus Key card contains an EAL 6+ embedded secure element that holds the users encrypted private keys.
  • Consumers can purchase Arculus cards at www.GetArculus.com throughout the U.S. (subject to transaction restrictions in New York and Hawaii).
  • The price for the Arculus Key card is $99, which includes free shipping and handling.

Case-Mate Becomes First Major Mobile Accessory Company To Offer Its Consumers Ability To Pay With Cryptocurrency By Teaming With BitPay

Wednesday, October 13, 2021 - 2:00pm

Case-Mate's CEO, Steve Marzio, says "We are excited to partner with BitPay to reach new customers, particularly outside the United States, by offering the ability to pay in all major cryptocurrencies."

Key Points: 
  • Case-Mate's CEO, Steve Marzio, says "We are excited to partner with BitPay to reach new customers, particularly outside the United States, by offering the ability to pay in all major cryptocurrencies."
  • BitPay operates just like any other payment method for users that want to pay with cryptocurrency and is faster and safer than traditional payment methods.
  • BitPay enables businesses like Case-Mate to accept cryptocurrency as a form of payment without having to buy, own or manage crypto.
  • Since 2006, the company has helped consumers express their individual style with products that protect, adorn, and enhance their mobile devices.

What is TRX? Everything You Need to Know about TRON

Wednesday, October 13, 2021 - 6:00am

This time, we'll be looking at TRON Network and its native coin, Tronix (TRX).

Key Points: 
  • This time, we'll be looking at TRON Network and its native coin, Tronix (TRX).
  • - TRON's DApp ecosystem reached more than 80 Dapps in 60 days of the TRON Virtual Machine (TVM) launch.
  • TRON network also has no lock period when unstaking and practically zero transaction fees, making it a popular blockchain for many users.
  • You can claim your TRX rewards once every 24 hours directly from the TRON network via Moonstake Wallet.