USDC Issuer Circle to Increase Workforce by 25%
Circle is presently focused on expanding its staff. However, it also confirms that its plan to go public is not entirely off the table.
Circle is presently focused on expanding its staff. However, it also confirms that its plan to go public is not entirely off the table.
Harmony (ONE) will be the first token available for trading on both Binance exchange and Binance DEX. To celebrate this, the project has announced a 25,000,000 ONE token airdrop.
Brian Armstrong said in an interview at the Consensus 2019 event that Coinbase Custody now manages over $1 billion in crypto assets with 60% of the Coinbase Pro trading volume coming from institutions.
Coinbase has announced support for EOS, Augur (REP) and Maker (MKR) on its professional trading platform Coinbase Pro.
CoinfloorEX has been reorganized. A new entity called CoinFLEX will be based in Hong Kong and will offer trading of physical cryptocurrency futures on the Asian market.
The second-largest cryptocurrency exchange, OKEx has created a Bitcoin derivative product called “perpetual swap”. However, there’s no expiry date. The lack of expiry data allows positions to be held on an ongoing basis.
Circle’s USD Coin has recently been listed by Coinbase as the first stablecoin supported by the exchange and the second ERC-20 token available for trading.
The leading stablecoin Tether is challenged by PAX which has seen growth lately and has a market capitalisation of $41.94 million.
Controversial stablecoin Tether is going through a rough phase losing nearly 20% of its valuation in a week’s time with the decrease in USDT circulation in the crypto market.
Owing to growing concerns of Tether’s suspicious operations, cryptocurrency exchanges are considering to adopt other secure stablecoin offerings.