2023-3-14 18:07 |
Traders using decentralized finance (DeFi) protocols to bet on a USDC revival over the weekend are at risk of eight-figure liquidations if the stablecoin loses its $1 peg again this week. origin »
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Circle’s USDC, the second-largest stablecoin with a market capitalization of $43b, has been hit by the collapse of Silicon Valley Bank (SVB). On Friday, regulators in California placed the bank under receivership, leaving investors needing clarification on the return of…
2023-3-13 20:50 | |
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Tether has asserted that Alameda's collapse does not affect the company or its stablecoin, USDT, adding that the USDT with the beleaguered trading firm posed no threat.
2022-11-18 14:50 | |
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The Bitcoin price is currently so stable that some experts are already jokingly comparing it to a stablecoin. However, from a historical perspective, this low volatility level carries a lot of risk.
2022-10-25 12:56 | |
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MakerDAO has initiated an investment, where $500 million of the funds that are collateralizing the Dai (DAI/USD) stablecoin will be relocated to US Treasuries and corporate bonds, with the main goal of providing the protocol with an additional yield at low risk.
2022-10-8 12:48 | |
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The rise of Circle’s USDC stablecoin – as opposed to the controversial Tether (USDT) – is a threat to the broader financial system, as it could increase the chance of run risks from smaller issuers, researchers at the Federal Reserve Bank of New York wrote in a new paper published Monday.
2022-10-4 20:32 | |
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The total crypto market capitalization dropped to the $1 trillion support, and weak stablecoin demand and a largely absent funding rate reflect traders’ negative sentiment.
2022-8-23 23:35 | |
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Huobi’s HUSD is the latest stablecoin to risk further de-pegging as it is currently trading below $0.8. The post Huobi exited HUSD stablecoin deal before token depegged below $0.8 appeared first on CryptoSlate.
2022-8-19 18:33 | |
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MakerDAO [MKR] has claimed that the much-anticipated Ethereum [ETH] Merge could do more harm than good to its network. Maker, the builder of the stablecoin - DAI - explained the implications of tThe post Might MakerDAO risk market decline due to Ethereum's Merge appeared first on AMBCrypto.
2022-8-7 04:30 | |
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The international organizations affirm the "same risk, same regulation" principle by extending decade-old rules to the rapidly expanding new financial technology.
2022-7-14 00:14 | |
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A recent ECB report says stablecoins are not practical as a mode of payment and their current form isn't fit for use in the real economy.
2022-7-12 13:47 | |
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Stablecoins pose a risk to the financial system due to their lack of transparency and often lack of safe reserves, according to a new Federal Reserve report. Federal Reserve Highlights...
2022-6-18 21:40 | |
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The U.K. government has published a consultation paper that proposes a series of safeguards to protect investors against the risk of stablecoins.
2022-6-1 14:16 | |
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One of these employees supposedly disclosed that the team had concerns about the design of the TerraUSD (UST) stablecoin from the word go.
2022-5-31 22:46 | |
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As the Terra stablecoin becomes depegged from the U.S. dollar, the biggest buyer of bitcoin in recent months could become its biggest forced seller.
2022-5-10 02:40 | |
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TrueUSD, the first regulated stablecoin that is fully backed by the US Dollar has partnered up with internationally renowned banks and custodial accounts to lower the risk of transactions. TrueUSD (TUSD) is the first independently verified digital asset redeemable at 1:1 US Dollar.
2022-5-3 15:54 | |
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The SEC was denied a monopoly over the stablecoin sector, yet the risk of being designated “systemically important” persists.
2021-11-4 18:32 | |
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The market capitalization of the world’s largest stablecoin received a boost despite facing regulatory threats in the United States.
2021-8-18 15:20 | |
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BIGG Digital Assets, owner of Blockchain Intelligence Group (BIG), a developer of blockchain technology search, risk-scoring, and data analytics solutions, today announced a partnership with Blockchain Foundry (BCF) to provide a regulatory compliance solution for stablecoin creators.
2021-6-10 00:58 | |
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The issuer of the USDT stablecoin Tether revealed it received a ransom note asking the company to $22 million worth of Bitcoin (500 BTC) or risk critical exposure. According to Tether, the threat actors claim they have implicating documents that could “harm the bitcoin ecosystem.
2021-3-1 12:59 | |
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It is a sign of our industry’s youth that we routinely fail to provide a coherent descriptive definition of a stablecoin.
2021-1-26 22:17 | |
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The EURB is fully regulated and backed 100% by Euros, allowing banks and institutional investors to use the cryptocurrency without exposure to counterparty risk.
2020-12-11 07:50 | |
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Ian Jenkins joins fellow HSBC alum James Emmet, now the stablecoin group's CEO.
2020-10-16 17:20 | |
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Elliptic, the crypto-asset risk management and blockchain analytics platform, announced today that the Singapore dollar-backed stablecoin, XSGD, has been added to its crypto-risk monitoring solutions The post Elliptic announces support for Singapore Dollar-backed stablecoin - XSGD appeared first on AMBCrypto.
2020-10-12 16:30 | |
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Raising the stability fee with DAI struggling to keep its peg indicates MKR voters prefer value capture over the health of the stablecoin.
2020-9-15 13:06 | |
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The CENTRE consortium formed by Circle and Coinbase has blacklisted an Ethereum address holding $100k worth of USDC stablecoin. The transaction on Etherscan shows that CENTRE called a “blacklist(address investor)” function on June 16, 2020, to freeze all coins essentially.
2020-7-9 16:25 | |
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Offering the option to receive wages in the USDC stablecoin removes the volatility risk for earners.
2020-6-10 11:27 | |
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XRP has been largely hovering around the $0.20 region in recent times, failing to garner any decisive momentum as the aggregated market stalls The crypto’s lack of growth in recent times has led it to surrender its spot as the third largest digital asset to stablecoin Tether (USDT) One analyst is now pointing to a grim fractal pattern that shows the cryptocurrency could be at grave risk of seeing a massive downside movement in the […]
2020-5-22 23:00 | |
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Tether is using Chainalysis' "Know Your Transaction" tool to create risk profiles for USDT users and monitor potentially suspicious activity.
2020-2-13 12:00 | |
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At a recent lecture on financial regulations at Harvard's Kennedy School, CFTC chairman Heath Tarbert spoke about the role of the CFTC in digital asset regulations, how jurisdiction is divided betweenThe post CFTC Chairman: Possibility of global stablecoin the only systemic risk appeared first on AMBCrypto.
2019-12-10 13:30 | |
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The U. S. government will strictly enforce the rules on cryptocurrencies similar to the standards recommended by the Financial Action Task Force (FATF). The Financial Crimes Enforcement Network has reaffirmed that its “Travel” rule applies to cryptocurrencies.
2019-11-19 03:30 | |
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The growth in stablecoin usage has soared since late 2017, and this has regulators and government bodies across the world incredibly worried. A new report formulated by central bank officials of the G7, the IMF, and the Financial Stability Board, believe that global stablecoins pose a systemic threat to the global economy and monetary stability,Read MoreRead More.
2019-10-14 19:00 | |
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Bitcoin investor Zhao Dong speaks about Tether’s yuan-backed stablecoin and crypto investing in China
2019-10-2 07:20 | |
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Global financial regulators and central banks are calling in officials from Facebook’s Libra cryptocurrency to explain the potential financial risks the stablecoin poses in the global fintech industry.
2019-9-16 16:07 | |
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Bitfinex shareholder Zhao Dong claims Tether will release a version of its stablecoin pegged to commodities such as gold, crude oil and rubber
2019-9-4 11:24 | |
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Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets.
2019-5-13 16:37 | |
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Bitfinex is forging forward despite its ongoing row with the authorities, and it's looking for investors to support its efforts. Today, May 8, 2019, iFinex, the operator and parent company of the popular cryptocurrency exchange, released a private token sale white paper, putting to rest rumors of its Initial Exchange Offering (IEO).
2019-5-8 18:33 | |
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Bitfinex and the New York Attorney General’s (NYAG) legal sparring in relation to $850 million in missing funds escalated with another round of court filings this past weekend.
2019-5-7 01:42 | |
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The Bitfinex/Tether episode made headlines in the crypto community over the past week. The repercussions were felt even in the market as Bitcoin [BTC] plummeted by almost $400 after news broke out that Bitfinex used Tether reserves to cover up its undisclosed losses, speculated to amount to $850 million.
2019-5-1 19:30 | |
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Bitfinex and Tether’s legal counsel has written a response to the New York Attorney General’s (NYAG) ex parte order, which claims that Bitifinex used Tether’s reserves to cover some $850 million in losses.
2019-5-1 01:22 | |
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Cryptocurrencies dropped in value yesterday after the New York Attorney General’s court filings against Bitfinex and Tether were published. Currently, the entire market capitalization is roughly $170 billion and most cryptocurrencies have lost 2-10% of their value since the announcement.
2019-4-26 19:55 | |
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By CCN: Stablecoins on the surface might seem boring. After all, most don’t come with the volatility that’s inherent with most cryptocurrencies, especially bitcoin, and therefore have an entirely different risk/return profile.
2019-4-20 21:59 | |
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The Neutral Dollar Project describes itself as a superior digital dollar. According to the platform, “By aggregating a basket of other stablecoins, the Neutral Dollar generates a lower volatility token with a more subdued risk profile than any individual stablecoin today.
2019-4-17 18:41 | |
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By CCN. com: Canadian cryptocurrency exchange Coinsquare has announced plans to launch a CAD-pegged stablecoin. To be known as the eCAD, the stablecoin will be exchanged for the Canadian dollar on a 1:1 basis.
2019-4-6 16:20 | |
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The Bitcoin bull and bear market cycles are a pattern that produces significant developments — when the market is cold, people tend to focus on building the next wave of groundbreaking technology.
2019-3-29 16:26 | |
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What Is USDDex? USDDex is a New Stablecoin based on Ethereum ERC-20 standard. It provides users with decentralization, security, stability, and reliability in the volatile cryptocurrency market. The stable coin is pegged to the US dollar, thus providing traders with the opportunity to change their money into cryptocurrency without the risk of price fluctuations, as is […]
2019-3-21 11:42 | |
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On Wednesday, investors in Tether, the most dominant stablecoin in the crypto market, pointed out a change in the stablecoin’s Terms of Service and Risk Disclosure which described that its USD reserves will be composed of loans issued by Tether, not solely by cash.
2019-3-14 19:48 | |
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A recent CoinDesk report revealed Ripple’s CEO, Brad Garlinghouse’s viewpoint on JP Morgan Chase’s official announcement of its stablecoin, JPM Coin. While Garlinghouse appears to encourage and applaud JP Morgan Chase for their new endeavor, he supposedly feels discomfort with respect to the global financial services’ approach in using the said token. The JPMCoin was […]
2019-3-7 17:57 | |
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On February 14, JPMorgan, the $340 billion banking giant, launched a stablecoin called JPM Coin. Industry experts foresee the stablecoin thrashing Ripple and its cryptocurrency XRP in the long run.
2019-2-15 11:37 | |
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“Investing in stocks can be a daunting, complex and decidedly exclusionary activity,” says Bill Barhydt, Abra's CEO. To that end, his company’s mobile cryptocurrency wallet app has announced a new feature which will allow investors to purchase traditional stocks using bitcoin.
2019-2-8 02:05 | |
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Cryptocurrency prices were upbeat on Thursday morning as Bitcoin surged above $100,000 for the first time ever. Analysts expect that most coins will continue rising in the next few weeks as the Santa Claus Rally takes shape.
The decentralized finance (DeFi) space continues to capture the attention of crypto investors, and Compound is currently one of its standout performers. Over the past week, Compound’s native token, COMP, experienced an impressive 17.
Согласно данным мониторинга угроз безопасности компании BlockSec, децентрализованный Onyx Protocol был взломан, что привело к потере как минимум $2,1 млн.
The Compound (COMP) cryptocurrency has made headlines recently with a remarkable surge in its price. In the past 24 hours alone, COMP has experienced a staggering 17% increase, making it the top-performing altcoin among the top 100 cryptocurrencies by market size.
After the collapse of Terra, the digital assets sector needed a way to identify critical nodes in the global DeFi community.
Compound (COMP), the governance token of the Compound protocol, has experienced a remarkable surge in value over the past week, positioning itself as one of the top gainers in the cryptocurrency market.
Compound (COMP) was up 8% in the past 24 hours and 51% this past week. The gains for COMP token have come amid this week’s spike in whale activity. Also helping bulls looks to be a market reaction to Coinbase’s response to SEC allegations that the exchange lists securities.