Bitcoin Hits 5-Month Low, Mt. Gox Begins Refunds, Circle Secures MiCA License | Weekly Recap

Today’s weekly recap: Bitcoin (BTC) drops to five-month low amid series of ‘whale sell-offs’; Mt. Gox begins repaying creditors; and Circle obtains first stablecoin license under MiCA as regulatory efforts ramp up. Market decline After a bearish June, reports on July 1 suggested that Bitcoin could be poised for a recovery in July, based on … Read more

Crypto firm Circle gets approval to issue stablecoin in EU under strict bloc rules

Launched in 2018 by crypto company Circle, USDC is now the world’s second-largest stablecoin, with over $30 billion worth of tokens in circulation. Nurphoto | Getty Images Cryptocurrency firm Circle reported Monday that it has now registered as an electronic money institution (EMI) in France, a key license for the company to become a compliant … Read more

Crypto firm Circle gets approval to issue stablecoin in EU under strict bloc rules

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Launched in 2018 by crypto company Circle, USDC is now the world’s second-largest stablecoin, with over $30 billion worth of tokens in circulation. Nurphoto | Getty Images Cryptocurrency firm Circle reported Monday that it has now registered as an electronic money institution (EMI) in France, a key license for the company to become a compliant … Read more

Crypto Scammers Circle Back, Posing as Lawyers, and Steal an Additional $10 Million in a Truly Devious Scheme

The FBI says rogues stole around $10 million from crypto fraud victims in just 12 months after posing as helpful lawyers offering to get their lost tokens back. Between February 2023 and 2024, scammers preyed on American victims while they were already in dire straits, taking advantage of their financial vulnerability to scam them a … Read more

Financing Circle Holdings plc

(“Funding Circle” or the “Company” or the “Group”) Completion of the process to focus on UK operationsAn agreement has been reached with iBusiness Funding to acquire Funding Circle’s American activities LONDON, June 24, 2024 /PRNewswire/ — Following the announcement on March 7, 2024Funding Circle today announced that it has entered into an agreement to sell … Read more

Super-fast baby stars circle like a swarm of bees around the supermassive black hole Sgr A*

This article was reviewed according to Science fact checked peer-reviewed publication trusted source proofread OK! Multiwavelength finding plot of the innermost ≈0.4 pc. of the galactic center observed in the K-band (red) and L-band (blue), observed with NACO (VLT). Credit: Astronomy and astrophysics (2024). DOI: 10.1051/0004-6361/202449729 × close to Multiwavelength finding plot of the innermost … Read more