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Pro-crypto senator agrees that stablecoins must be backed by cash
The issue of whether or not stablecoins are safe to use if they are not backed by cash became a very hot topic recently after the SEC chair, Gary Gensler, first gave voice to the matter. Now, his views are seemingly mirrored by Cynthia Lummis, a well-known pro-crypto Republican Senator, indicating that Lummis shares Gensler’s […] The post Pro-crypto senator agrees that stablecoins must be backed by cash appeared first on Invezz. дальше »
2021-10-4 17:01 | |
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“Stablecoins Must Be 100% Backed By Cash” And “Only Be Issued By Depository Institutions,” Says Sen. Cynthia Lummis
A crypto supporter, Wyoming Senator, has concerns about stablecoins not being fully backed “in a transparent manner. ” Meanwhile, the Fed chair acknowledges they shouldn’t wait too long on CBDC as “there is a sense of urgency” in terms of digital currencies. дальше »
2021-9-30 17:37 | |
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On-chain data reveals crucial metrics about the adoption of Bitcoin, stablecoins, and Cardano
First in a bigger series of dAppradar’s reports, which explore how value moves around after entering the blockchain industry, revealed that the amount of Bitcoin (BTC) sitting in centralized exchanges (CEX) is at its lowest point in 2021, while Wrapped Bitcoin (WBTC), the first ERC20 token backed 1:1 with Bitcoin, doubled since the start of […] The post On-chain data reveals crucial metrics about the adoption of Bitcoin, stablecoins, and Cardano appeared first on CryptoSlate. дальше »
2021-9-29 13:00 | |
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Celsius Network Review 2021 – How Legit Is This Crypto Loan Provider?
Lending and borrowing is the core of world’s finance and a driving force for economies worldwide. It has entered the world of cryptocurrencies as well with a slew of platforms offering cryptocurrency backed loans. дальше »
2021-9-28 10:50 | |
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PARSIQ Extends Its Reach Into The DeFi Ecosystem With The Inauguration Of Its Proprietary IQ Protocol
Backed by some of the most prominent investors and VC firms, PARSIQ, a real-time blockchain monitoring and workflow automation solution connecting bridging the on-chain and off-chain ecosystems have been on a rolling spree since its inception. дальше »
2021-9-27 21:22 | |
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ZK-Rollups-based protocol ZKBox goes online, providing free, timely NFT minting service
ZKBox, the first ZK-Rollups-based layer 2 NFT protocol backed by L2 Labs, today rolls out its white paper (link) and official website (link), committed to providing real-time NFT minting, trading, depThe post ZK-Rollups-based protocol ZKBox goes online, providing free, timely NFT minting service appeared first on AMBCrypto. дальше »
2021-9-24 06:00 | |
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Over 150 Million People Backing Bitcoin Means It Has Intrinsic Value, Says Mike Novogratz
The fact that Bitcoin is backed by over 150 million people around the world means it has intrinsic value according to the Billionaire CEO of Galaxy Investment Partners Mike Novogratz. He expelled fears of a massive Bitcoin sell-off saying in an interview with CNBC that people are buying Bitcoin based on the slow depreciation of […] дальше »
2021-9-23 00:11 | |
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Trust Wallet adds support for all 10 Unstoppable Domains crypto name extensions
Trust Wallet, a crypto and NFT wallet backed by Binance, today became the first major crypto wallet to support all 10 of Unstoppable Domains’ NFT domain extensions: . crypto, . nft, . wallet, . coin, . дальше »
2021-9-23 21:08 | |
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ConsenSys Backed Virtue Poker and Binance NFT to Launch “Mystery Box” for Celebrity Tournament on Sept 23
The crypto and blockchain space is maturing at a rapid pace. Most financial industry experts agree that this nascent industry is here to stay because there are many different use-cases emerging for blockchain-enabled platforms. дальше »
2021-9-23 19:41 | |
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Mychipz.io Announces Chipz NFT Marketplace And UFC Legend Nick Diaz as Brand Ambassador
Mychipz. io, a privacy-oriented and DeFi backed betting platform, has announced its own Chipz NFT marketplace. Mychipz. io first introduced Chipzdrive. io, an NFT-based driving experience utilizing wrapped Chipz tokens on Tezos’ Clean NFT network for purchase, race entries, and prize pools. дальше »
2021-9-23 19:15 | |
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Invesco Partners With Galaxy Digital on Crypto ETFs
Investment manager Invesco is partnering with Galaxy Digital to roll out a lineup of exchange-traded funds (ETFs) backed by cryptocurrencies. The post Invesco Partners With Galaxy Digital on Crypto ETFs appeared first on BeInCrypto. дальше »
2021-9-22 17:10 | |
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Xanto Biotech Firm Launches Native Token XAN Backed By Its Physical Commodity Xanthohumol
Biotech company Xanto, has decided to venture into the blockchain after witnessing massive growth in the digital financial world. Xanto launched its native token, XAN, on Sept. 15, with an interesting new utility. дальше »
2021-9-17 00:24 | |
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The MonkeyFirm introduces ‘Token Backed NFTs’ to address issues with digital asset trades
The firm’s solution aims to solve concerns associated with peer-to-peer (OTC) trading by creating a platform to ‘wrap tokens’ in the form of an NFT. дальше »
2021-9-17 17:00 | |
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e-Money Announces Integration with the Algorand Blockchain to Accelerate the Circulation of European Stablecoins
e-Money today announced it is integrating with Algorand to support a range of fully backed European stablecoins across the Algorand ecosystem, including eEUR, eCHF, eNOK,... дальше »
2021-9-13 13:09 | |
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Madagascar Time launches revolutionary charity cryptocurrency $TIME, focused on fighting climate change and alleviating poverty
A bold and revolutionary startup, Madagascar Time Limited, has launched $TIME, the new cryptocurrency focused on charity work around the globe. Backed by an international... дальше »
2021-9-11 13:01 | |
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This NFT collection backed by a legendary artist probably has the best roadmap ever
The second quarter of 2021 has been all about NFTs and digital collectibles. From generative-profile pictures to algorithm art, we saw massive interest from all kinds of market participants. Bored Ape Yacht Club and Fidenza are few projects that shocked the entire NFT space. дальше »
2021-9-9 14:50 | |
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Alan Howard-Backed Private Equity Firm Raises $750M for Crypto Fund
Private equity firm 10T, backed by Alan Howard, raised $750 million for a start-up crypto investment fund. The post Alan Howard-Backed Private Equity Firm Raises $750M for Crypto Fund appeared first on BeInCrypto. дальше »
2021-9-9 21:32 | |
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After winning grand prize in Chainlink Spring 2021 Hackathon, deBridge Raises $5.5M in spectacular funding round
Five months after winning the Chainlink (LINK/USD) Hackathon this spring, deBridge announced it had raised a total of $5. 5 million in a funding round backed by Lemniscap, ParaFi, and other notable partners. дальше »
2021-9-9 13:50 | |
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OP Crypto: Former Huobi exec raises $25M to form blockchain venture fund
OP Crypto Capital Management, a new crypto venture capital firm has officially announced its formation. The venture firm is backed by Huobi Ventures, Galaxy Digital’s Vision Hill FoF Platform, Digital Currency Group, Mirana Ventures (Bybit), and The Brooker Group. дальше »
2021-9-7 21:16 | |
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Kine integrates its cross-chain crypto derivatives protocol on Polygon Network
Kine Protocol, a decentralized protocol that establishes general-purpose liquidity pools backed by a customizable portfolio of digital assets, announced today it has partnered with Polygon to bring high margin, cross-chain derivatives trading to the Polygon Network for further scalability and user adoption. дальше »
2021-9-2 21:08 | |
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ZKSwap Looks to Incorporate NFT Protocol ZKBox in V3
On August 27th, the ZKSwap team announced the strategic partnership with ZKBox. Backed by the L2 Labs Foundation, ZKBox is a Layer2 NFT platform based on... дальше »
2021-8-28 14:57 | |
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DeFi Protocol Tranchess Records Over $1 Billion in TVL
Decentralized finance (DeFi) protocol, Tranchess, has had success since its launch two months earlier, with the protocol recently crossing $1 billion in total value locked (TVL), within the period. $1 Billion TVL in Two Months Tranchess, backed by hedge fund manager Three Arrows Capital, attained the $1 billion milestone in TVL, a sign of theRead More дальше »
2021-8-28 06:00 | |
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DeFi automated market maker IX.Swap debuts on Cardano-backed OccamRazer launchpad
IX. Swap, a pioneering DeFi liquidity pool provider and automated market maker for tokenized stocks and security tokens, is debuting on the Cardano (ADA/USD) backed OccamRazer decentralized launchpad. дальше »
2021-8-25 17:35 | |
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USDC Stablecoin Reserves To Be Held In Cash and U.S Treasuries: Circle
From September this year, USDC stablecoin will be 100% backed by cash and short-term US government treasuries. This is according to the Centre Consortium, the organization that manages the cryptocurrency, which is backed by Circle Financial And Coinbase. дальше »
2021-8-24 19:17 | |
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USD Coin (USDC) Now Backed by Only Cash and Treasury Bills
Center has announced via a blog post on August 22, 2021, that the financial instruments in its USD Coin (USDC) stablecoin reserves have been shrunk down to only the fiat dollar and United States Treasury Bills. дальше »
2021-8-24 17:00 | |
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Centre clarifies USDC reserves composition citing 'regulatory landscape'
USD Coin's (USDC) recent growth has become an important aspect of the digital currency-enabled financial system. It has always been fully backed by reserves equal to or greater than the USDC in circulThe post Centre clarifies USDC reserves composition citing 'regulatory landscape' appeared first on AMBCrypto. дальше »
2021-8-23 11:24 | |
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Cardano (ADA) backed ‘Djed’ stablecoin promises transparency and price stability
With the imminent launch of smart contracts on Cardano, thoughts turn to its ecosystem and how it will develop against competing chains. The post Cardano (ADA) backed ‘Djed’ stablecoin promises transparency and price stability appeared first on CryptoSlate. дальше »
2021-8-22 11:00 | |
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Utopia P2P Presents Anonymous USD Stablecoin Backed by DAI
Utopia, a decentralized, peer-to-peer ecosystem, the development of which was begun covertly in 2013 and released officially in November of 2019. The post Utopia P2P Presents Anonymous USD Stablecoin Backed by DAI appeared first on BeInCrypto. дальше »
2021-8-20 17:29 | |
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Utopia P2P Announces Anonymous USD Stablecoin Backed by DAI
Utopia, a decentralized, peer-to-peer ecosystem, the development of which was begun covertly in 2013 and released officially in November of 2019, providing access to secure and surveillance resistant communication and finance, this month launches Utopia USD stablecoin; UUSD. дальше »
2021-8-19 12:00 | |
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Utopia P2P introduces anonymous USD stablecoin backed by DAI
Utopia, a decentralized, peer-to-peer ecosystem, the development of which was begun covertly in 2013 and released officially in November of 2019, providing access to secure and surveillance resistant The post Utopia P2P introduces anonymous USD stablecoin backed by DAI appeared first on AMBCrypto. дальше »
2021-8-19 08:15 | |
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Microsoft To Fight Piracy With Ethereum, Introduces Project Argus
When it comes to software piracy platforms, the top performers remain for the office productivity suite and Windows operating system. So it’s not a surprise that the developer of the two products, Microsoft, takes its moves in creating Ethereum backed anti-piracy measures. дальше »
2021-8-18 01:00 | |
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Alibaba Opening NFT Marketplace, Backed by Sichuan Government
Chinese e-commerce giant Alibaba Group Holding is opening a non-fungible token (NFT) marketplace with the approval of the Sichuan provincial government. The post Alibaba Opening NFT Marketplace, Backed by Sichuan Government appeared first on BeInCrypto. дальше »
2021-8-17 21:50 | |
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HaloDAO Partners with TrustToken to Expand Marketplace of International Stablecoins
August 18, 2021 — HaloDAO, a decentralized finance ecosystem focused on bootstrapping usage for fiat backed stablecoins, has partnered with TrustToken, a regulated stablecoin issuer known for its series of “TrueCurrency” tokens. дальше »
2021-8-18 17:00 | |
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Why Cardano’s Hoskinson Is Vigorously Decrying Gov’t Backed Anti-POS Crypto Bill
Cardano founder, Charles Hoskinson has acridly berated the recently-passed crypto-bill by US Senators Portman (R-OH) and Warner (D-VA) as a malicious and incompetent attempt at stifling innovation and progress within the now-embattled US Crypto space. дальше »
2021-8-11 00:05 | |
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Moore Cayman: Tether (USDT) Stablecoins Fully Collateralized
Moore Cayman has confirmed that the USDT stablecoins being issued by Tether are fully backed by the firm’s cash and cash equivalents. In an independent report released on August 10, 2021, auditing firm Moore Cayman, stated that Tether had a total of nearly $63 billion in assets as of June 30, 2021. USDT Fully BackedRead More дальше »
2021-8-10 15:00 | |
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Perp contract exchange Perpetual Protocol launches ecosystem fund with first 3 partners
Perpetual Protocol, a leading exchange platform for decentralized perpetual (perps) trading, today announced the launch of the Perpetual Ecosystem Fund. The Perpetual Ecosystem Fund is backed by 3M PERP (worth $30M at the time of publishing) from the partnership allocation of the Perpetual DAO. дальше »
2021-8-10 00:50 | |
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Отчет: почти 50% обеспечения USDT от Tether составляют коммерческие бумаги
По состоянию на 30 июля 2021 года стейблкоин USDT был на 100% обеспечен резервами Tether Holdings Limited, подтвердила аудиторская фирма Moore Cayman в новом отчете. Tether has always been fully backed and the assurance opinion made available today confirms it once again, and puts Tether ahead of the industry on transparency. дальше »
2021-8-10 20:20 | |
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Tether Fully Backed with Reserves Also Held in Digital Tokens and Precious Metal: New Assurance Report
Tether Holdings Limited has released an assurance report by Moore Cayman on Monday for the period ending June 30, as per its continued commitment to transparency. As of writing, with a market cap of almost $63 billion, USDT accounts for 57% of the stablecoin market share. дальше »
2021-8-10 16:36 | |
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A16z, BlockTower, and Almeda backed a $12.5M funding round by purchasing TRU, is TRU worth buying now?
TrueFi TRU/USD is a protocol for the creation of interest-bearing pools with a high APR for liquidity providers, where the TRU token is the native currency that is used for TrustToken holders, which gives them the ability to rate credit for third parties. дальше »
2021-8-6 19:09 | |
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MELD, the First Banking Protocol to Successfully Launch an ISPO
Fundraising is an integral part of every new startup and crypto project as not every project is backed by robust initial financial support. In the crypto ecosystem, people have implemented several ideas to raise funds with the most popular and successful one being Initial Coin Offering, Initial Exchange Offerings, and Initial DEX offerings. However, MELD,Read More дальше »
2021-8-4 13:30 | |
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Wine Spies Mints Collection of NFTs Backed by Bottles of Wine
The Enigma brand of wine, a label owned by Wine Spies, is selling five bottles of red wine via a non-fungible token (NFT) auction The post Wine Spies Mints Collection of NFTs Backed by Bottles of Wine appeared first on BeInCrypto. дальше »
2021-7-31 12:27 | |
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God Temple – A unique mythology-based NFT MarketPlace backed by Iconic Artists
God Temple is an NFT Marketplace specializing in mythology-themed limited edition artwork. In an effort to bring their ideas to life, the team at God Temple has collaborated with several iconic and well-known artists from around the world. дальше »
2021-7-26 14:58 | |
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The First Ever Soccer Video NFTs Marketplace is Coming and $FEVR Will Be Its Fuel
Portuguese Fantasy Leagues startup RealFevr, the official partner of Liga Portugal and the Portuguese Football Federation, is launching a global football video NFTs marketplace backed... дальше »
2021-7-23 17:22 | |
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