WorldPingCircle Q2 revenue falls short of Wall Street estimates
Stablecoin issuer Circle reported $701 million in Q2 revenue, missing Wall Street estimates of about $713 million.
Brief by WorldPing · Original reporting by Cointelegraph
WorldPingCircle named BlackRock, Visa, DTCC and eight others as Arc validators as Q2 revenue hit $701M and USDC circulation reached $73.3B.
This is a short WorldPing brief. The full report was published by The Block.
Read the full report at The Block
WorldPingStablecoin issuer Circle reported $701 million in Q2 revenue, missing Wall Street estimates of about $713 million.
Brief by WorldPing · Original reporting by Cointelegraph
WorldPingShares initially jumped 10% but later fell 3% in pre-market trading as the stablecoin issuer revealed institutional adoption for its layer 1 blockchain Arc but missed on revenue.
Brief by WorldPing · Original reporting by CoinDesk
WorldPingThe funds bring Yellow Card’s total financing to more than $120 million since being founded 10 years ago.
Brief by WorldPing · Original reporting by CoinDesk
WorldPingBinance-linked companies sued RedotPay, accusing it of diverting more than 470,000 Binance Card users under a commercial deal and seeking nearly $473 million in damages.
Brief by WorldPing · Original reporting by Cointelegraph
WorldPingThe $120 million Coldcard hack lights up Bitcoin's memory pool — full report at CoinDesk.
Brief by WorldPing · Original reporting by CoinDesk
WorldPingThe rating recognizes the fund’s ability to maintain a stable net asset value, while S&P separately reaffirmed USDT among the lowest-rated stablecoins under its existing assessment framework.
Brief by WorldPing · Original reporting by Cointelegraph