Browsing: Circle

When people think of where startups are founded, major cities and technological hubs like San Francisco and the Silicon Valley, often come to mind. But you don’t have to be in a major tech hub to build a successful business. Across the Tri-Cities, entrepreneurs of all kinds are showing that innovation can thrive close to…

The Swedish chipmaker’s stock has become a battleground. Fresh short positions from Citadel Securities and Arrowstreet Capital, disclosed in mid-August, arrived just as the shares were already reeling from their worst single-day drop in recent memory — a 15 percent slide on Friday that left the stock at EUR 2.44 and erased a quarter of…

Circle (CRCL) and Coinbase (COIN) shares both fell more than 3% after reports that JPMorgan Chase and a consortium of major banks were moving toward issuing their own stablecoins following the advancement of the CLARITY Act. The news focused attention on the potential for traditional lenders to compete with crypto-native issuers such as Circle and…