USDC issuer Circle raises $400 million in partnership with BlackRock
    14 Apr 2022
    252 Views

    Circle, the issuer of the world’s second-largest stablecoin, USDC, is pursuing international expansion after securing $400 million in funding. BlackRock and Fidelity headlined the new funding round, which follows a $440 million raise last May. The capital raise, led by major investors, such as Blackrock, Fidelity Management, Marchall Wace, and Fin Capital, is expected to…

    Crypto oligopoly: Top-tier exchanges grab 96% market share

    CryptoCompare tracker data shows that top-tier crypto exchanges hit an all-time high of 96% market share this year as traders sought lower-risk venues amid broader market volatility. Crypto exchanges considered top-tier increased their market share to 96% in February from 89% in August, according to data collected by UK analytics company CryptoCompare. These 78 exchanges,…

    Mastercard and Nexo release сredit card that lets put crypto as collateral
    14 Apr 2022
    41 Views

    Crypto service provider Nexo announced on April 13 its partnership with Mastercard and e-money wallet provider DiPocket to launch a first-of-its-kind card in Europe that will let users get credit by putting their crypto assets up as collateral to draw fiat loans. The card will be integrated with Google Pay Apple Pay and offer 2%…