Coinbase has taken a minority stake in Circle, the crypto payments firm and issuer of the USDC stablecoin. The companies, which splits interest revenue generated from USDC holdings, did not disclose the size of the stake nor how much Coinbase invested. Centre Consortium, a Circle- and Coinbase-led nonprofit that managed USDC, is shutting down as part of the deal. In a joint press release,...
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SpaceX, Klaviyo, LLMs: Highlight Stories From This Week
This week we were treated to not one but two big tech IPOs! Plus, two tech juggernauts—Amazon and Microsoft—held big, flashy product launch events. Through it all, The Information’s newsroom pumped out a string of scoops, analyses and meaty newsletters.
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