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Tether attestation shows $1.5B worth of Bitcoin in reserves
Stablecoin issuer Tether (USDT) said it holds $1. 5 billion worth of Bitcoin (BTC) in its reserves — equating to 2% of its total reserves. The stablecoin issuer further revealed that it held $3. 39 billion in precious metals like gold. дальше »
2023-5-10 19:09 | |
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Artifact Labs Secures $3.25 Million for Blockchain-based Historical Preservation
Artifact Labs, a Web3 company dedicated to preserving historical records on the blockchain, has successfully closed a $3. 25 million funding round. The NFT issuer began operating independently after spinning from its parent company last year. дальше »
2023-5-9 21:15 | |
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Circle introduces cross-chain USDC protocol
Stablecoin issuer Circle announced on April 26 the mainnet launch of its cross-chain transfer protocol with support for two blockchains. Circle launches CCTP The product, called Cross-Chain Transfer Protocol (CCTP), allows developers to easily move the USDC stablecoin between Ethereum and Avalanche. дальше »
2023-4-27 00:03 | |
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Fed may block Circle from accessing liquidity
Circle, the issuer of USD Coin, may be deemed "ineligible" for access to the Federal Reserve's money market due to new rules introduced by the New York Fed. дальше »
2023-4-27 21:09 | |
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NY Fed Policy Change Could Squash Stablecoin Issuer Circle’s Hope for Fed Access
Funds structured as stablecoin issuer Circle’s Blackrock-managed USDC reserve fund “generally will be deemed ineligible” for the New York Federal Reserve’s reverse repurchase program under the new rules. дальше »
2023-4-26 03:10 | |
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Arthur Hayes’ Exit Liquidity Article Explores America’s Position as Global Reserve Currency Issuer
Coinspeaker Arthur Hayes’ Exit Liquidity Article Explores America’s Position as Global Reserve Currency Issuer BitMEX co-founder Arthur Hayes examines de-dollarization and its fiscal and political implications in an article titled ‘Exit Liquidity. дальше »
2023-4-21 16:10 | |
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US Congress to introduce new draft bill for stablecoins
Failure to register as a stablecoin issuer could result in up to five years in prison and a fine of $1 million.
дальше »2023-4-17 00:00 | |
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Crypto community criticizes Tether for blacklisting wallet that drained $20M from MEV bots
Several crypto stakeholders have criticized USDT issuer Tether for blacklisting a validator address that drained $25 million from maximal extractable value (MEV) bots. The MEV bots were drained of over $20 million on April 3 while executing a sandwich trade. дальше »
2023-4-12 17:16 | |
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21Shares launches ETP for Bitcoin L2 network Stacks
Leading crypto exchange-traded product (ETP) issuer 21Shares has launched a product offering exposure to Bitcoin (BTC) layer2 (L2) network Stacks (STX). The post 21Shares launches ETP for Bitcoin L2 network Stacks appeared first on CryptoSlate. дальше »
2023-4-4 16:25 | |
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USDC Market Cap Dips By $10 Billion In 2 Weeks – Here’s Why
USDC has struggled to recover from the negative fallout a few weeks ago after Silicon Valley Bank’s (SVB) collapse. Investors have continued to withdraw their assets from the stablecoin despite assurances from issuer Circle about its reserves. дальше »
2023-4-2 16:02 | |
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Binance Depositors Flee Following CFTC Charges, On-Chain Data Shows
Crypto users have withdrawn roughly $400 million on Ethereum from Binance in the past 24 hours, while Paxos, issuer of the Binance USD, has burned more than $155 million BUSD in the past four hours. дальше »
2023-3-28 21:50 | |
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USDT issuer Tether has up to $1.7B in excess reserves, CTO says
Tether CTO Paolo Ardoino believes that USDT is becoming the “safest asset to hold in the world” amid the banking crisis.
дальше »2023-3-24 13:02 | |
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USDC issuer Circle issues warning about hacked executive account
Stablecoin issuer Circle has warned its community about a fake USD Coin (USDC) airdrop on the Twitter account of its chief strategy officer and head of global policy, Dante Disparte. The post USDC issuer Circle issues warning about hacked executive account appeared first on CryptoSlate. дальше »
2023-3-22 18:41 | |
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Circle applies for French license as it doubles down on Europe
Circle, issuer of USDC and EUROC, applies for regulatory approvals in France to expand operations in Europe, becoming first to receive DASP authorization. дальше »
2023-3-22 21:06 | |
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USDC issuer Circle seeks regulatory approval in France amid US banking troubles
USD Coin (USDC) issuer Circle has applied to become a licensed Electronic Money Institution and a registered Digital Asset Service Provider (DASP) in France — expanding its operations in Europe. The post USDC issuer Circle seeks regulatory approval in France amid US banking troubles appeared first on CryptoSlate. дальше »
2023-3-22 20:45 | |
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Circle Sets Sights on Europe With French Crypto Registration
Circle, the issuer of USDC, has applied for regulatory approvals in France. It wants to establish its European headquarters in Paris. The post Circle Sets Sights on Europe With French Crypto Registration appeared first on BeInCrypto. дальше »
2023-3-22 18:48 | |
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USDC issuer Circle offered $3 billion emergency backstop from Coinbase
Coinbase reportedly offered a $3 billion credit facility to USDC issuer Circle Internet Financial. The credit facility was to guarantee full liquidity for the stablecoin following the collapse The post USDC issuer Circle offered $3 billion emergency backstop from Coinbase appeared first on AMBCrypto. дальше »
2023-3-21 11:15 | |
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BNB Whales Dump Millions Of BUSD, Here’s What They Are Buying
Following the issuance of a Wells Notice from the Securities and Exchange Commission (SEC) to Binance USD (BUSD) issuer Paxos, the stablecoin has taken a hit in the market. Its market cap plunged rapidly as the firm was ordered to stop issuing new tokens and redemptions of the stablecoin surged. There has since been a […] дальше »
2023-3-17 02:00 | |
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USDC Survives Silicon Valley Bank Collapse and Clears Backlog
Circle, the issuer of USDC, announced that they had cleared all the backlog of minting and redemption. The stablecoin got depegged over the weekend. The post USDC Survives Silicon Valley Bank Collapse and Clears Backlog appeared first on BeInCrypto. дальше »
2023-3-17 18:01 | |
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CNHC Group raises $10m in Series A+ funding round
CNHC Group, the CNHC stablecoin issuer, has raised $10 million in Series A+ funding. KuCoin Ventures, a crypto investment firm, let the round. дальше »
2023-3-16 23:50 | |
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KuCoin Plays Lead Role in Funding Round for Yuan Stablecoin Issuer CNHC
Coinspeaker KuCoin Plays Lead Role in Funding Round for Yuan Stablecoin Issuer CNHC Leading exchange KuCoin participated in a $10 million funding exercise for CNHC to support stablecoin adoption. дальше »
2023-3-15 16:00 | |
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USDC Issuer Circle Updates Its Community on Its Stablecoin Operations
Coinspeaker USDC Issuer Circle Updates Its Community on Its Stablecoin Operations As unveiled by Circle, it has started processing its redemption through a new banking partner after it was able to access the funds worth $3. дальше »
2023-3-15 14:34 | |
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Prompt Regulator Action And Stablecoin Issuer Assurances See USDC Repeg
A March 12, 2023, joint statement by the Department of the Treasury, Federal Reserve, and the Federal Deposit Insurance Corporation (FDIC) advised that depositors for both the Signature Bank, New York and Silicon Valley Bank, Santa Clara, California, will have access to their money effective March 13, 2023. On March 13, 2023, the Bank of […] дальше »
2023-3-14 01:58 | |
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Ripple CEO admits company held ‘some’ cash in Silicon Vally Bank
Ripple’s Brad Garlinghouse has revealed that the project had some exposure to the embattled Silicon Valley Bank (SVB), but the company expects no disruption to its daily operations. Ripple, the issuer of the XRP, has hinted that it held some… дальше »
2023-3-14 15:37 | |
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USDC Hits All-Time Low As Investors Pull Out Funds From The Stablecoin
USDC has been hit with a bearish wave following news of the collapse of Silicon Valley Bank on March 11. The stablecoin issuer Circle had revealed that it had $3. 3 billion in deposits with the defunct bank, contributing to uncertainty regarding USDC. дальше »
2023-3-13 14:39 | |
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Is Moody’s Ratings Downgrade The Reason Why Silicon Valley Bank Fell?
The collapse of Silicon Valley Bank and news that Circle, the issuer of USDC, was exposed to the tech lender has caused reverberations across the stock and crypto markets. However, could Moody’s rating downgrade of SVB have accelerated the bank crash? Moody’s Rating Of SVB Moody’s Investors Service downgraded the credit ratings of SVB Financial Group and its subsidiary, Silicon Valley Bank. дальше »
2023-3-13 14:33 | |
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USDC Regains 7% After Depeg, Circle Pledges to Cover Reserve Shortfalls
USDC rallied to as high as $0.98 following news that its issuer Circle promised to cover any shortfall in its reserves. The post USDC Regains 7% After Depeg, Circle Pledges to Cover Reserve Shortfalls appeared first on BeInCrypto. дальше »
2023-3-12 13:11 | |
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USDC Issuer Circle Reveals It Couldn’t Withdraw $3.3 Billion From Silicon Valley Bank
Stablecoin issuer Circle disclosed late Friday that around $3. 3 billion of its $40 billion USDC reserves remained at Silicon Valley Bank. This comes after the high-tech lender’s share price dropped precipitously in response to a run on deposits by nervous consumers. дальше »
2023-3-11 13:22 | |
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USDC Market Cap Sheds $6B as Circle Reveals $3.3B Exposure to Silicon Valley Bank
The USDC stablecoin lost its $1 peg after its issuer Circle said it has $3.3 billion stuck in the embattled Silicon Valley Bank. The post USDC Market Cap Sheds $6B as Circle Reveals $3.3B Exposure to Silicon Valley Bank appeared first on BeInCrypto. дальше »
2023-3-11 12:12 | |
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Stablecoin Issuer MakerDAO Proposes Additional $750M U.S. Treasury Purchase
The decentralized autonomous organization behind the DAI coin previously purchased $500 million worth of notes and bonds. дальше »
2023-3-7 20:15 | |
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Here’s how Binance is mitigating its stablecoin needs after BUSD ban
The recent action from Binance comes in the wake of the NYDFS ordering BUSD issuer Paxos to stop minting new coins.
дальше »2023-3-7 14:54 | |
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Tether Partners Used Fraudulent Documents to Give Company Access to Bank Accounts, Says Report
Stablecoin issuer Tether faces allegations by the Wall Street Journal that it accessed bank accounts through shell companies and accounts used for money laundering. The post Tether Partners Used Fraudulent Documents to Give Company Access to Bank Accounts, Says Report appeared first on BeInCrypto. дальше »
2023-3-4 14:59 | |
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