Browsing Tag

COIN

USD Coin (USDC) stablecoin to vary reserves composition

Digital currency company Circle had claimed its stablecoin, USD Coin, was backed 1:1 by actual dollars in a bank account.In July, it was revealed this was no longer the case, with Circle disclosing in an "attestation" from auditors Grant…

Coinbase (COIN) climbs after Nasdaq debut

Coinbase employees spray champagne during the company's initial public offering on Wednesday, April 14, 2021 outside the Nasdaq MarketSite in New York, United States.Michael Nagle | Bloomberg | Getty ImagesCoinbase shares rose Thursday…