Circle Begins Putting Reserves Into New BlackRock Fund

Circle Internet Financial has begun moving the reserves for its USDC stablecoin into a dedicated fund set up by BlackRock Inc. and registered with the U.S. Securities and Exchange Commission, the company disclosed Thursday. дальше »

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$1.5 Billion Worth of BTC Shifted in Largest Single-Day Outflow: Details

Exchange reserves kept going downhill nonstop дальше »

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Will A Fractional Reserve System Exist On A Bitcoin Standard?

The free banking era is the closest example of how banking might look on a bitcoin standard, but will credit and fractional reserves be part of that system? дальше »

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Terra LUNA Classic community reduces tax burn to 0.2%

Terra Classic community approved proposal 5234, which reduces 1.2% tax burn to 0.2% and reserves another 10% tax revenue for the ecosystem infrastructure and contributors. The post Terra LUNA Classic community reduces tax burn to 0.2% appeared first on CryptoSlate. дальше »

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BitKeep Wallet Loses $1 Million, Hacker Exploits Swap Feature

Bitkeep issued a statement stating that the company would compensate all victims affected by the attack out of the company's reserves. дальше »

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Bitcoin’s Mining Reserves Plunge To 12-Year Low — What This Means For BTC Price

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Tether Reduces Its Commercial Paper Holdings To Zero

In a tweet on October 13, stablecoin issuers Tether announced that it had reduced its commercial paper holdings to zero to ensure secure and liquid reserves for Tether USD (USDT). “Tether is proud to announce that we have eliminated commercial paper from our reserves,” said Tether in its tweets. дальше »

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CryptoSlate Wrapped Daily: Fed Governor Christopher Waller is against US CBDC; Tether gets rid of commercial paper reserves

The biggest news in the cryptoverse for October 14 includes Tether reducing commercial paper reserves to zero, Bitcoin surging above $19,000 following a decline after CPI data and Mango Markets voting to approve a $47 million bounty for the hacker behind its $100 million exploit. дальше »

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Tether reduces commercial paper reserves for USDT to zero

Stablecoin issuer Tether has eliminated commercial papers from its USDT reserve, according to its latest reserve update. The post Tether reduces commercial paper reserves for USDT to zero appeared first on CryptoSlate. дальше »

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Tether cuts commercial paper reserves to zero

Tether’s commercial paper has shrunk to zero, the USDT issuer has announced. Instead of…

The post Tether cuts commercial paper reserves to zero appeared first on CoinJournal.

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Tether Ditches Commercial Paper Reserves for T-Bills

Tether has successfully ditched the entirety of its commercial paper holdings in favor of U.S. Treasury Bills, which could now make up approximately 56.3% of the companys total reserves. The... дальше »

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IMF’s Georgieva Warns Central Banks to Hoard Reserves, Follow Fed Hikes

The official's comments might be relevant to bitcoin traders, since the largest cryptocurrency's has proven to be correlated with the dollar's strength in foreign-exchange markets. дальше »

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LFG Slow-Walks Plan to Repay Small-Time Terra Holders, Citing Legal Threats

Luna Foundation Guard previously promised to repay "small" holders of the UST stablecoin with its remaining reserves. дальше »

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This Tether update may finally bear some good results in the weeks to come

Tether, the firm behind USDT, the largest stablecoin made some key changes to its asset reserves. On 3 October, Chief Technology Officer (CTO) Paolo Ardoino informed the Tether community about the chaThe post This Tether update may finally bear some good results in the weeks to come appeared first on AMBCrypto. дальше »

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Tether reduces commercial paper exposure to below $50M, Treasury bills rise to 58.1% of reserve

Insider information on Tether’s reserve revealed that as of September 30, the shadlecoin issuer had increased its United States Treasury bills to 58. 1% of its reserves while reducing its commercial paper exposure to below $50 million. дальше »

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Crypto Could Enjoy “Renaissance” as Trust in Banks Fades: Druckenmiller

The global crypto market capitalization is almost 70% down this year, largely thanks to the Federal Reserves commitment to hiking interest rates. Nevertheless, investing legend Stanley Druckenmiller sees a silver... дальше »

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Do Kwon Denies Moving LFG’s Bitcoin Fortune Shortly After Arrest Warrant Was Issued

As a worldwide search for Do Kwon continues, the co-founder of the collapsed Terra network has come out to clarify that he did not move Luna Foundation Guard’s (LFG) reserves to digital wallets of KuCoin and OKX exchanges. дальше »

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Bitcoin may witness a short-term bounce that has everything to do with reserves 

Bitcoin [BTC] has been attempting mid-week bounces for the last few weeks to break free of the ongoing bearish grip. The latest observations in the market suggest that a similar outcome might occur thThe post Bitcoin may witness a short-term bounce that has everything to do with reserves  appeared first on AMBCrypto. дальше »

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Stablecoin Reserves Must Be “Publicly Transparent”: Jerome Powell

Jerome Powell, Christine Lagarde, Ravi Menon, and Agustn Carstens shared their thoughts on several topics, including DeFi regulation, stablecoins, and central bank digital currencies. Fed Chair Talks Stablecoins The Federal... дальше »

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U.S Judge Orders Tether To Produce Financial Records Proving USDT’s Backing

Stablecoin issuer Tether has recieved a court order to produce financial records that prove the backings of its USDT. The Judge at Northern District Court New York, Katherine Polk Failla, issued the order for Tether on Tuesday upon the plaintiffs’ request to prove its reserves. дальше »

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CryptoSlate Wrapped Daily: Bitcoin drops 6.5% after Fed’s 75 bps rate hike; Tether under pressure to produce documents on USDT reserve

The biggest news in the cryptosphere for September 21 includes Bitcoin tanking 6. 5% after Fed announced a 75 bps rate hike, a court ordering Tether to provide documents on its reserves, and Ethereum Devs looking to enable withdrawals in the upcoming Shanghai upgrade. дальше »

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Kenya’s central bank governor finally sees the push for Bitcoin

Kenya's governor of the central bank, Patrick Njoroge, acknowledged that he was under external pressure from cryptocurrency enthusiasts to convert the nation's reserves into Bitcoin (BTC). In a meeThe post Kenya’s central bank governor finally sees the push for Bitcoin appeared first on AMBCrypto. дальше »

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Crypto Exchange Coinbase Could Earn $1.2B in Revenue Next Year From Higher Interest Rates, JPMorgan Says

The added revenues would mainly come from the exchange's revenue share on interest income from USDC reserves. дальше »

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Old Mutual Wealth to Handle Cash Reserves of Rand-Backed Stablecoin ZARP

Financial Services Giant Old Mutual Wealth is appointed to control the reserved notes that back ZARP, the crypto stablecoin pinned to the worth of the South African Rand. The post Old Mutual Wealth to Handle Cash Reserves of Rand-Backed Stablecoin ZARP appeared first on BeInCrypto. дальше »

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Old Mutual Wealth appointed to manage cash reserves of rand-backed stablecoin ZARP

ZARP appointed South African financial services group Old Mutual Wealth to manage the cash reserves of its stablecoin, which is pegged to the price of the South African rand(ZAR), in hopes of enhancing trust. дальше »

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Poolin Offers Promissory ‘IOU’ ETH Tokens As The Merge Rolls Out; Customer Reserves Remain Frozen

China-based crypto mining-pool services provider Poolin, which halted all withdrawals from its PoolinWallet on the back of liquidity problems, will be issuing IOU tokens corresponding to that value. дальше »

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Vermont's financial regulator alleges Celsius and its CEO made 'false and misleading claims'

According to the regulator, Celsius “lacked sufficient assets to repay its obligations” despite suggesting it had enough funds in its reserves to mitigate the risk of insolvency. дальше »

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Exiled Myanmar democratic leaders want to issue CBDC to fund the revolution

The National Unity Government is considering using the country’s frozen reserves as a backing for the digital currency.

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Massive Bearish Sign? Crypto Exchange Reserves Are Reversing Up

Bears are actively pushing cryptocurrency market down as total exchange inflows are on rise дальше »

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Tether responds to Wall Street Journal ‘disinformation’

To attack Tether’s reserves [...] further highlights an agenda by the publication to single out Tether and hurt its reputation,” the USDT issuer said. дальше »

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Tether responds to WSJ’s insolvency claim, says its US Treasury assets are safe

Tether has responded to concerns raised by a recent article by The Wall Street Journal claiming that the USDT issuer has inadequate reserves. The post Tether responds to WSJ’s insolvency claim, says its US Treasury assets are safe appeared first on CryptoSlate. дальше »

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Stablecoin Tether Dismisses Wall Street Journal's Claim of Inadequate Reserves

Stablecoin issuer Tether has hit back at a Wall Street Journal article that claimed its balance sheet comprised of "unsafe assets." дальше »

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Stablecoin Issuer Tether Dismisses Wall Street Journal's Claim of Inadequate Reserves

Stablecoin issuer Tether has hit back at a Wall Street Journal article that claimed its balance sheet comprised of "unsafe assets." дальше »

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USDC Releases Its Assets Reserves Report As Other Stablecoins Stumble

Stablecoin issuers have been under the radar over the quality of the reserves backing the tokens they issue. Circle Internet Financial LLC (Circle), the issuer of stablecoin USDC, has released its reserves report as of July 31, 2022. дальше »

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Bitcoin Bearish Signal: Miners Continue To Dump

Data shows the Bitcoin miner reserves have continued to trend downwards recently, suggesting that miners have been dumping their coins. Bitcoin Miners Have Been Withdrawing From Their Wallets In Recent Days As pointed out by an analyst in a CryptoQuant post, BTC miner reserves have been observing negative change recently, something that could lead to a decline in the price of the crypto. дальше »

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Tether and Kraken Transparency Audits Aimed at Boosting Further Confidence Into The Crypto Markets

Tether Holdings Limited has released its June 2022 Assurance Consolidated Reserves Report. The debate on the reserves held by Tether has been ongoing, with Tether asserting that its tokens are pegged at 1-to-1 with a matching fiat currency and are backed 100% by Tether’s reserves. дальше »

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BendDAO Hit by Insolvency Crisis as Ethereum Reserves Drained

BendDAOs reserves briefly fell to 0.75 ETH early Monday. BendDAO Cant Repay Lenders As many NFT community members feared last week, BendDAO is experiencing a bank run. The so-called NFTfi... дальше »

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Tether Asset Reserves Figures Record Significant Plunge Compared To 2021

Following the collapse of Terra and its ecosystem, there is a considerable reduction of confidence in stablecoins, especially Tether. Most participants in the crypto space have increased doubts about the level of stability with stablecoins. дальше »

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USDC Exchange Reserve Spikes – Can This Help Push Bitcoin Back Up?

On-chain data shows the USDC exchange reserves sharply rose recently, something that could help push Bitcoin back up after the latest drop. USDC Exchange Reserve Observes Sharp Rise In Recent Days As pointed out by an analyst in a CryptoQuant post, the large amount of USD Coin that flowed into exchanges recently could be deployed to act as fuel for Bitcoin. дальше »

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Tether aligns with top 5 accounting firm for monthly attestations

Tether Holdings Limited, the issuer of stablecoin Tether (USDT), has announced that attestation reports for its reserves will now be handled by BDO Italia, an accounting firm from the BDO global network. дальше »

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MakerDAO founder proposes converting $3.5B USDC reserve to Ethereum

MakerDAO (MKR) founder Rune Christensen has asked DAO members to consider converting its $3. 5 billion USDC reserves to Ethereum (ETH) because of the extent of the Tornado Cash sanctions. The post MakerDAO founder proposes converting $3. дальше »

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Crypto exchange Kraken’s second reserves audit adds 5 new assets: USDT, USDC, XRP, ADA, and DOT

Kraken, the popular crypto exchange, has announced the results of its second 2022 Proof of Reserves audit, which has now been expanded beyond *BTC, and ETH* to include USDT, USDC, XRP, ADA*, and DOT. дальше »

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Bearish Signal: Why Bitcoin Miner Sell-Offs May Continue

Bitcoin miners have borne the brunt of the bear trend since it began. They watched cash flow plummet on their machines, forcing them to look to other ways to finance their operations. The natural response to this was for public miners to dip into their bitcoin reserves and begin selling off BTC to keep their operations going. дальше »

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Crypto Exchange Bitfinex May Be Facing Criminal Investigation in US

The exchange’s sister company has been hit with several investigations over who uses its platform and the state of its reserves. дальше »

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Tether, Circle Pledge Support for Proof-of-Stake Ethereum

Neither USDT nor USDC will be backed by reserves on a potential Ethereum Proof-of-Work fork, Tether and Circle announced today. Proof-of-Stake Ethereum Solidifies Support Ethereums potential Proof-of-Work fork is failing... дальше »

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Tether Hits Back at Critics; Clarifies Once Again That It Holds No Chinese CP as Reserves

Stablecoin issuer Tether took to Twitter on July 27 to clarify that it holds no Chinese commercial paper (CP) on the back of industry rumors that continue to claim its portfolio in the vertical is backed by 85% Chinese or Asian commercial papers. дальше »

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Tether Finds Stable Dollar Peg After Terra's Collapse

While tether has passed the market's stress test with a return to normalcy, concerns about its reserves will linger, one trader said. дальше »

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BREAKING: Tesla Sells Most of Its Bitcoin Holdings

Tesla has dumped the vast majority of its Bitcoin holdings, adding $936 million to its cash reserves дальше »

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Circle Unveils USDC Liquidity And Availability In Reserves

The entire crypto space felt a negative impact from the failure of the algorithmic stablecoin UST and Terra’s native token, LUNA. Other top stablecoin projects like Tether’s USDT and Circle’s (USDC) have received more pressure from different angles. дальше »

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Circle discloses full breakdown of $55.7B USDC reserves

As of June 30, about 75.6% of Circle’s reserves were held in U.S. Treasuries and 24.4% were held in cash at regulated financial institutions. дальше »

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