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Bloomberg Finds That Tether Could Be Backed by Sufficient USD Collaterals
Bloomberg reported December 18 that Tether, the largest stablecoin by market cap, is most likely backed by equivalent USD deposits. Tether’s Bank Statements Suggest USD Sufficiency According to the report, Bloomberg reviewed the bank statements of four separate months which depicted that the amount of USDT coins in circulation was in accordance with Tether LTD’s […] Bloomberg Finds That Tether Could Be Backed by Sufficient USD Collaterals was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »
2018-12-19 15:59 | |
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Bloomberg: Clues Suggest Tether (USDT) Has the Billions To Back Up the Digital Asset
Rumors surrounding the stablecoin known as Tether (USDT) have long speculated that the parent company does not exactly have the funds to back up the total tokens in the market. The continual uncertainty as to whether USDT was backed by cold cash caused the fake news in mid October that Binance was delisting the stablecoin […] The post Bloomberg: Clues Suggest Tether (USDT) Has the Billions To Back Up the Digital Asset appeared first on Ethereum World News. дальше »
2018-12-19 11:13 | |
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Bank Statements Suggest Tether is Backed by Billions, But is It Really?
Tether, the multi-billion dollar stablecoin is and has been under scrutiny regarding whether each Tether (USDT) has $1.00 USD… The post Bank Statements Suggest Tether is Backed by Billions, But is It Really? appeared first on Invest In Blockchain. дальше »
2018-12-19 01:13 | |
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Tagomi Digital Asset Brokerage Firm backed by PayPal Co-Founder Peter Thiel Officially Launches
Tagomi Holdings Inc., an electronic brokerage firm for digital assets has officially launched according to a December 17 press… The post Tagomi Digital Asset Brokerage Firm backed by PayPal Co-Founder Peter Thiel Officially Launches appeared first on Invest In Blockchain. дальше »
2018-12-18 23:06 | |
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Tagomi, A Digital Asset Brokerage Firm Backed by PayPal Co-Founder Peter Thiel, Officially Launches
Tagomi Holdings Inc., an electronic brokerage firm for digital assets, has officially launched, according to a December 17 press… The post Tagomi, A Digital Asset Brokerage Firm Backed by PayPal Co-Founder Peter Thiel, Officially Launches appeared first on Invest In Blockchain. дальше »
2018-12-19 23:06 | |
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Tether is Apparently Fully Dollar Backed Afterall
Tether has the funds to convert all USDT into USD according to bank statements seen by Bloomberg which claims the veracity of these USD funds has been confirmed by an unnamed... The post Tether is Apparently Fully Dollar Backed Afterall appeared first on Trustnodes. дальше »
2018-12-18 18:20 | |
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Stablecoin Tether is Fully Backed By Dollars, New Bank Statement Reveals
Rumors about stablecoin Tether not being fully backed by dollar reserves are looking increasingly thin, according to the latest bank statements, which show that USDT is fully backed by dollar reserves. дальше »
2018-12-18 16:00 | |
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Nexo (NEXO) Becomes TrueUSD’s (TUSD) Main Lending Partner with 95% Loan-to-Value (LTV) Ratio
In an announcement made on the 12th of December, 2018, TrueUSD partnered with Nexo, a loan platform backed by cryptocurrency, making its official lending partner. The announcement which was posted on Nexo’s twitter account read: “TrueUSD selects Nexo as its official lending partner. дальше »
2018-12-15 03:38 | |
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BiExpert Claims IRS can Boost Bitcoin’s Value Once One Can Pay Taxes with BTC, Worthless Otherwise
There are those who argue that cryptocurrency does not any inherent value, but the counter to that is that paper money is valueless as well. The latter argument may not be viable though, especially because fiat currencies are “backed” by the government. дальше »
2018-12-14 20:45 | |
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Stablecoin Project of Basis Confirms that it Is Shutting Down Due to Regulatory Hurdles
Just yesterday, the crypto and investor communities woke up to news that the highly anticipated stablecoin project of Basis was ceasing operations and returning a majority of its funds to investors. дальше »
2018-12-14 18:25 | |
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How much of Tron’s (TRX) rise is backed by real achievements? Most of its success is piggybacking on Ethereum
Promotion and marketing are two key elements of any human enterprise. The people behind the enterprise want the word to get out about their project. They want to raise awareness and reach potential consumers who will buy the product that is being created and sold. дальше »
2018-12-14 01:20 | |
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The Pacific Northwest’s New Stablecoin: StableUSD (USDS) Added to Bittrex
A new stablecoin, StableUSD (USDS), was recently added to Bittrex. The Seattle-based project seeks to contend with other major stablecoins in an attempt to bring greater ease to crypto and fiat exchanges. дальше »
2018-12-11 00:06 | |
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Australian Company Issues Loans Backed by Cryptocurrencies
A Melbourne-based company is now offering crypto-backed loans. Helio operates under an Australian Credit License (ACL) issued by the Australian Securities and Investments Commission (ASIC). In the current bear market, cryptocurrency holders can borrow fiat money and keep their digital coins for better times. дальше »
2018-12-9 05:30 | |
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Trustology Crypto Asset Custody Startup Gets $8 Million led by ConsenSys and Two Sigma
Trustology, a UK-based company, is now being backed by Two Sigma Venture and ConsenSys. The young company creates technology to help investors in safeguarding their digital assets like cryptocurrencies. дальше »
2018-12-7 02:52 | |
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New App Offers a Safer Way to Invest in Bitcoin Using Tech Developed for Hedge Funds
Open digital money platform Uphold will now host a new investment strategy via an application designed by Ternary Intelligence which helps users mitigate the risks involved in Bitcoin trading. The new scientifically backed strategy helps in reducing the effects of Bitcoin downturns while maintaining positive upside potential over the long term. дальше »
2018-12-6 17:51 | |
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Hong Kong Blockchain Startup Hires China’s Bitcoin Evangelist After He “Quits”
Although China has continued to relentlessly clamp down certain subsets of the crypto industry, the nation’s blockchain scene continues to swell at an unbridled pace, backed by hotshot entrepreneurs, billions in Renminbi (China’s currency), and world-renowned incubators and venture capital consortiums. дальше »
2018-12-5 15:00 | |
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Chinese Government-Backed Company to Launch Stablecoin by February
Grandshores Technology Group is a public company affiliated with a 10 billion yuan ($1. 5 billion) fund backed by the government of Hangzhou, the capital of China’s Zhejiang Province. It is known to be developing a new stablecoin, which is now expected to hit the market by February 2019. дальше »
2018-12-5 23:15 | |
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ICON Foundation Announces Its New Accelerator Initiative in Singapore
The ICON Foundation recently announced a new accelerator initiative with TRIVE Ventures and PwC Singapore’s Venture Hub. The Tribe Accelerator (TRIBE) will also be the first blockchain accelerator backed by Enterprise Singapore, the leading government agency dedicated to startups. дальше »
2018-12-4 20:34 | |
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TRIVE, ICON, and PwC to launch government of Singapore backed blockchain accelerator
CryptoNinjas TRIVE Ventures (previously known as TRi5 Ventures), a Southeast Asia focused Venture Capital (VC) firm based in Singapore, today announced the launch of its blockchain accelerator, Tribe Accelerator – a blockchain accelerator focused on. дальше »
2018-12-4 16:28 | |
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Gold backed Digix (DGX) token listed on Indonesia’s Tokocrypto exchange
CryptoNinjas Digix Global, the asset digitization company today announced that its Gold backed token DGX has been successfully listed on Tokocrypto, one of Indonesia’s top 3 exchanges for bitcoin and cryptocurrencies, enabling access for Indonesian Rupiah. дальше »
2018-12-3 19:43 | |
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Unikrn CEO Rags On OKEx’s High Listing Fees And Trading Volume Methods To Fake Liquidity
The CEO of an esports and blockchain betting platform called Unikrn, Rahul Sood, has made some very serious claims about OKEx, one of the largest exchanges by trade volume in the world. Unikrn was a company that was very high profile as people like Mark Cuba and Ashton Kutcher backed it. Sood has affirmed that […] дальше »
2018-12-1 19:25 | |
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What Is Cryptocurrency? “Jeopardy!” Features Entire Category on Crypto
Is cryptocurrency becoming more mainstream? It could be if one of America’s most prominent game shows features an entire category devoted to it. The November 29, 2018, episode of “Jeopardy!” — which has been on the air since 1964 — offered five unique questions centered around cryptocurrencies and their technology to test out its contestants’ knowledge on the subject: The results reveal that they did indeed know their fair share. дальше »
2018-12-1 22:18 | |
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AriseBank CEO Charged in $4 Million Alleged ICO Scam
Jared Rice Sr. , CEO of the Dallas-based bank AriseBank, was arrested by the Federal Bureau of Investigation (FBI) on Wednesday, November 28, 2018, and charged with six counts of securities fraud and wire fraud. дальше »
2018-11-30 23:03 | |
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Bitcoin Mining Leader Jihan Wu Could Have Tanked the Crypto Markets During BCH Upgrade
Back on November 14, Bitcoin (BTC) and most of the cryptocurrency market plummeted abruptly, reaching new year lows. This situation happened just a few hours before the so awaited Bitcoin Cash (BCH) network upgrade. дальше »
2018-11-28 00:43 | |
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Calvin Ayre Believes Bitcoin Satoshi Vision (BSV) is the ‘Real Bitcoin’ of Satoshi’s Whitepaper
Bitcoin Cash (BCH) continues to generate controversy among the cryptocurrency community. Bitcoin Cash experienced a network upgrade on November 15. Bitcoin ABC and Bitcoin SV were the two proposals available. дальше »
2018-11-27 06:54 | |
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New Foundation to Focus on Crypto Wallet Interoperability
Today, November 26, 2018, marks the launch of the Foundation for Interwallet Operability (FIO) and the FIO Protocol, an interwallet protocol that seeks to make the transfer of cryptos between wallets as simple and straightforward as making transfers on PayPal. дальше »
2018-11-27 02:52 | |
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Grant Thornton Attests USDC Is Backed by Fiat, Huobi Sets Up Communist Party Branch
In exchange news, we look at a major accounting firm’s attestation that all USDC tokens issued by Circle are fully backed by fiat dollars. We also focus on a Huobi Group subsidiary that has set up a Chinese Communist Party branch, as well as Bakkt, which has listed the reasons behind its move into bitcoin. дальше »
2018-11-22 21:05 | |
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USD Coin (USDC): Circle Issues Attestation Report of US Dollar Reserves Backing USDC
The attestation report made by Grant Thornton US has verified Circle’s claims that more than 127.4 million USDC coins in circulation were backed by the same amount of fiat money in custody accounts. дальше »
2018-11-22 20:07 | |
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VanEck Subsidiary MVIS Launches Bitcoin OTC Index
MV Index Solutions (MVIS), a subsidiary of investment management firm VanEck, has announced the launch of MVIS Bitcoin U. S. OTC Spot Index (MVBTCO), a bitcoin-based index and the first one that monitors the performance of bitcoin across established over-the-counter (OTC) platforms in the U. дальше »
2018-11-22 17:35 | |
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Circle Has Enough USD Reserves to Fully Back Its USDC Stablecoin, Auditors Say
CoinSpeaker Circle Has Enough USD Reserves to Fully Back Its USDC Stablecoin, Auditors Say According to the first attestation report on Circle’s stablecoin, the firm’s USDC supply is fully backed by its dollar holdings. дальше »
2018-11-22 14:14 | |
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Attestation Auditor Officially Verifies Circle’s USDC Stablecoin is Fully Backed by US Dollars
A stablecoin is one of the many classifications of crypto assets, since it is a verified 1:1 ratio with the local currency. Much of the purpose of this type of coin tends to be cashing out, but there is a surprising amount of alleged stablecoins that do not have this type of backing. Luckily, Circle […] дальше »
2018-11-22 13:09 | |
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KodakOne Crypto Project Contractors and Developers Yet to be Paid $100,000 USD Owed Allegedly
KodakOne, a crypto project backed by the photography appliances producer Kodak is apparently being sued by contractors and outsourcing agency for unpaid invoices that reached more than $125,000. TheNextWeb breaks the story that in a series of email exchanges between contractors, outsourcing agency along with its representing law firm, and KodakOne, a group of contractors […] дальше »
2018-11-21 18:45 | |
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Israel: Investment House Offers 2 Separate Institutional Crypto Funds Despite Bear Market
Silver Castle, an Israeli crypto investment firm for institutional investors launched two new crypto funds this month, reported Bloomberg on Nov. 18th. The firm is reportedly targeting to have $50 million in assets under management (AUM) before the year comes to a close. дальше »
2018-11-20 17:59 | |
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Blocktrade.com partners with The Elephant and GoSecurity for token listings
CryptoNinjas Blocktrade. com, a trading facility for security tokens, crypto assets, and crypto traded indices has announced a partnership with The Elephant, a tokenized secondary market platform which offers accredited investors an opportunity to buy tokens backed by. дальше »
2018-11-20 23:16 | |
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New Cryptocurrency for Decentralized Content Distribution Network By BuckyCoin Releases
Earlier this month, BuckyCoin acquired the ownership and rights of more than 2500 movies, books, music, and other scripts. The news of the company doing so boosted the participation in their ICO which enters its final phase on December 1st. дальше »
2018-11-19 17:42 | |
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Why Coinbase-backed Startup Coinmine’s New Mining Rig May Not Be a Good Idea
Despite the current low prices of cryptos, a new cryptocurrency mining device has just been launched by Coinmine, a startup that is backed by Coinbase Ventures, according to Business Insider. Selling at $799, it is highly praised for its ease of use and marketed as the perfect mining rig for everyone. дальше »
2018-11-19 14:59 | |
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