Circle (USDC)
Circle Wins Arbitration Against Tether-Backed Fund
Circle has prevailed in an arbitration dispute brought by a Tether-backed investment fund after the stablecoin issuer defended its decision to remove the fund from its platform over trading concerns....
Cathie Wood’s Ark Invest Buys More Circle Despite Growing Scrutiny
Cathie Wood’s Ark Invest bought nearly $14 million worth of Circle Internet Group shares on Thursday, adding to its stake in the stablecoin issuer despite mounting pressure on the company....
Circle Wins Final OCC Approval for National Trust Bank
Circle announced on July 10 that it got final approval from the US Office of the Comptroller of the Currency (OCC) to launch First National Digital Currency Bank, N.A., doing...
Wisconsin Prosecutors Charge Circle Over Refusal to Seize Stolen USDC
Circle is facing legal pressure in Wisconsin after prosecutors accused the crypto firm of refusing to follow a warrant tied to stolen USDC. The dispute comes as authorities report rising...
Standard Chartered Becomes First G-SIB to Offer Direct USDC Services
Standard Chartered has expanded its digital asset strategy by introducing direct USDC minting and redemption for institutional clients. The move makes the bank the first Global Systemically Important Bank (G-SIB)...
Circle CEO Responds to Investor Questions on New OUSD Stablecoin
Jeremy Allaire, Circle co-founder and Chief Executive Officer (CEO), has addressed investor questions on the new Open USD (OUSD) stablecoin launched by a consortium, positioning it as competition while highlighting...
Circle Stock Slides After Russell Index Exit, Open USD Launch
Circle Internet Group shares fell sharply on June 30 as investors responded to a series of developments affecting the stablecoin issuer. The decline came as the company was removed from...
ZachXBT Accuses Circle and Jeremy Allaire of Failing to Freeze USDC During Exploits
Blockchain investigator ZachXBT raised concerns about Circle Internet Group and CEO Jeremy Allaire after the company expanded its relationship with Hyperliquid. The criticism focused on Circle’s history of handling major...
Circle Posts Strong Q1 as USDC Volume Hits $21.5 Trillion
Circle reported higher revenue in the first quarter of 2026 as USDC usage increased across global markets. The company posted $694 million in total revenue and reserve income, up 20%...
Circle Arc Token Presale Raises $222M at $3B Valuation
Circle Internet Group raises $222 million in its Arc token presale at a $3 billion fully diluted valuation for its new Layer-1 blockchain. Andreessen Horowitz leads the round with a...
USDC Treasury Mints $500M as Stablecoin Transfer Volume Drops 19%
Stablecoin activity showed mixed signals on April 28, 2025, as Whale Alert tracked two large USDC Treasury transactions. The mints added 500 million USDC to the market while broader transfer...
Pornhub Ditches Tether’s USDT for Circle’s USDC
Adult platform Pornhub has dropped Tether’s USDT for payouts and moved to Circle’s USDC across its payment system. The change surfaced through an email screenshot shared by creator Gracie Hartie....
Circle Sued Over $230M USDC Transfers After Drift Hack
A class action lawsuit has been filed against Circle Internet Group following its response to a large-scale exploit involving Drift Protocol, in which investors claim the company failed to act...
USDC Criticism Mounts Over Legal Delays and User Losses
Stablecoin issuer USDC faces renewed scrutiny as critics question its response speed during major crypto exploits. The debate centers on whether Circle should act faster to freeze stolen funds. While...
Circle CEO Explains Why Iran Will Not Use the USDC for Strait of Hormuz Tolling
Circle CEO Jeremy Allaire has dismissed the idea that the USDC would be used to settle transit tolls in the Strait of Hormuz by the Iranian regime. According to Allaire,...
Circle Breaks Silence on $270 Million Drift Exploit
When North Korean state-affiliated hackers stole roughly $270 million from Drift Protocol on April 1, converting a significant portion into USDC and bridging it through Circle’s own Cross-Chain Transfer Protocol,...
Circle’s $5,000 Bug Bounty Cap Sparks Backlash as Arc Testnet Goes Public
Circle is facing criticism after setting a maximum reward of $5,000 for critical vulnerabilities in its bug bounty program tied to Arc, a public layer-1 blockchain. The payout cap drew...
ZachXBT Calls Out Circle for USDC Compliance Failures in North Korea
Blockchain investigator ZachXBT has heavily criticized Circle, accusing the stablecoin issuer of allowing over $240 million in funds to reach North Korea through several hacks. In a tweet, ZachXBT pointed...
Circle USDC Freeze Delays Linked to $420M in Stolen Funds, ZachXBT Says
On-chain investigator ZachXBT has released a detailed review alleging that stablecoin issuer Circle failed to act promptly in multiple cases involving stolen USDC, with more than $420 million in illicit...
Circle Faces Scrutiny After ZachXBT Flags $420M in USDC Freeze Delays
Circle, the issuer of USDC, faces growing questions about its compliance practices after a series of high-profile thefts. According to blockchain researcher ZachXBT, over $420 million in public losses have...
Drift Exploit Sees USDC Bridged via Circle’s CCTP for Hours, Raising Oversight Concerns
A major exploit hit the Drift Protocol on April 1, 2026, during US business hours. The attack drained as much as $285 million, and the total value locked (TVL) dropped...
Circle Begins Unfreezing USDC Wallets After Controversial Mass Freeze
Circle, the company behind the USDC stablecoin, has begun reversing a controversial freeze of 16 USDC wallets tied to crypto businesses. The action triggered backlash across the crypto community, especially...
Tether and Circle Freeze $2.49M Linked to Iranian Exchange Wallex
Leading stablecoin issuers Tether and Cycle have reportedly blacklisted an Ethereum hot wallet belonging to Iranian crypto exchange Wallex. The issuers simultaneously locked stablecoins while the platform was actively moving...
Circle (CRCL) Stock Drops 18% While USDC Holds $1 Peg
Circle, the issuer of USDC Stablecoin, has seen its share price drop sharply in the latest session, falling nearly 19%. The decline pushed CRCL near $102 after trading above $126...
Circle Freezes 16 USDC Wallets, Disrupting Multiple Businesses
Crypto firms faced sudden disruption after Circle froze 16 USDC hot wallets, impacting routine operations. On-chain investigator ZachXBT reported that these wallets handled thousands of transactions. Companies affected say the...
