2023-2-23 22:28 |
Reserves for these tokens had previously been mixed with customer funds.
Similar to Notcoin - Blum - Airdrops In 2024
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With “scientific sustainability” as a core principle, the Maker Constitution is to play an active role in combating climate change by allocating $14 million worth of MKR tokens to its Scientific Sustainability Fund.
2023-2-4 23:14 | |
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Binance is allegedly working to fix the “error”. The crypto exchange released a proof of collateral report for all 94 Binance-pegged tokens, or B-Tokens. Data suggested the Binance wallet holding the exchange’s own token reserves also held user funds.
2023-1-24 20:00 | |
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In a dramatically tight voting, some 51% of votes favored ousting Gemini’s stablecoin from MakerDAO’s reserve. The result is a significant blow to GUSD, as MakerDAO has held 85% of all tokens in circulation.
2023-1-20 19:50 | |
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On-chain data shows that more than $60 million in tokens has left the exchange in the last 24 hours, while stablecoin reserves have dropped 9.5% in a week.
2023-1-7 13:41 | |
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Today Binance released its first Merkel Tree Proof of Reserves (PoR) system as a show of its commitment towards transparency following the collapse of giant exchange FTX. However, in a statement, the exchange noted that it would first disclose BTC holdings before sharing details of other tokens and networks “in the next couple of weeks”. […]
2022-11-26 20:00 | |
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Crypto exchange reserves have been cast into the spotlight following the FTX collapse. Their asset reserves have also come into question. The post Do Crypto Exchange Reserves Rely Too Much on Their Own Tokens? appeared first on BeInCrypto.
2022-11-23 06:50 | |
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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.
2022-9-15 11:15 | |
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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.
2022-8-30 20:29 | |
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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.
2022-8-25 20:39 | |
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This OTC deal to add the said AVAX tokens to UST reserves makes AVAX the first major cryptocurrency besides bitcoin to find its way into the stablecoin’s reserve.
2022-4-9 21:47 | |
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Avalanche’s native token (AVAX/USD), has received overwhelming support after it was announced that it would be added to the reserves backing the UST stablecoin. The Luna Foundation Guard (LFG) Plans to buy $100M AVAX tokens to be used for UST reserves.
2022-4-9 20:11 | |
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The Luna Foundation Guard bought $100 million in AVAX with UST stablecoins. Terraform Labs swapped an additional $100 million in LUNA for the same value in AVAX.
2022-4-7 21:00 | |
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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.
2021-8-10 16:36 | |
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Денежные средства и их эквиваленты сформировали 76% резервов Tether Holdings Limited. Такие данные содержатся в квартальном отчете эмитента USDT по состоянию на 31 марта 2021 года. 📢Tether releases quarterly information about the composition of its reserves backing issued tether tokens ⬇️https://t.
2021-5-13 19:53 | |
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Денежные средства и их эквиваленты сформировали 76% резервов Tether Holdings Limited. Такие данные содержатся в квартальном отчете эмитента USDT по состоянию на 31 марта 2021 года. 📢Tether releases quarterly information about the composition of its reserves backing issued tether tokens ⬇️https://t.
2021-5-14 19:53 | |
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Dominant stablecoin USDT issuer Tether Holdings Limited has released its quarterly report providing the breakdown of its reserves backing the issued Tether tokens. As part of the settlement deal with NYAG, Tether will be releasing these breakdowns on a quarterly basis for the next two years.
2021-5-13 18:05 | |
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Tether’s reserves for its USDT stablecoin exceed the amount required to redeem the digital asset tokens, according to auditing firm Moore Cayman.
2021-3-31 16:54 | |
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Cryptocurrency exchanges experienced a dramatic rise in stablecoin deposits in the previous 24 hours, instilling hopes that traders will use the dollar-pegged tokens to purchase Bitcoin. Data fetched by blockchain analytics platform, CryptoQuant, showed exchanges’ stablecoins reserves hitting a record high of 5.
2021-2-4 17:16 | |
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Today, Circle released the latest attestation report on US dollar reserves backing USDC issued by independent accounting firm, Grant Thornton LLP. The report states that as of January 31, 2020 at 11:59 PM Pacific Time (“PT”):USD Coin (“USDC”) tokens issued and outstanding = 440,715,490 USDCUS Dollars
2020-2-25 22:46 | |
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Today, Circle released the latest attestation report on US dollar reserves backing USDC issued by independent accounting firm, Grant Thornton LLP. The report states that as of December 31, 2019 at 11:59 PM Pacific Time (“PT”): USD Coin (“USDC”) tokens issued and outstanding = 519,628,995 USDC US Dollars
2020-1-24 00:54 | |
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Today, Circle released the latest attestation report on US dollar reserves backing USDC issued by independent accounting firm, Grant Thornton LLP. The report states that as of November 30, 2019 at 11:59 PM UTC: USD Coin (“USDC”) tokens issued and outstanding = 457,103,362 USDC US Dollars held in
2019-12-22 22:19 | |
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Wednesday saw Circle release the results of the latest audit performed on the current supply of USDC, and the reserves of fiat the tokens are pegged to. According to the numbers, not only does the company have over 50% more stablecoins in circulation than it did in January, but it also has enough US Dollars […] The post USDC Audit Confirms Circulating Supply Up 50% This Year appeared first on BeInCrypto.
2019-11-21 10:31 | |
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We defined our development strategy based on empirically acquired knowledge and on the analysis of the work of existing platforms. We spent a lot of time, effort and money developing the statizex platform, faced many challenges and solved many technological issues during its creation, this allowed us to develop a trading platform that fully meets the modern market requirements and high modern technological standards of speed and safety.
2019-10-24 21:03 | |
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While Binance DEX only supports tokens built on Binance Chain, Binance's own blockchain, the decentralized exchange will now support bitcoin trading with a newly created token pegged to the bitcoin.
2019-6-17 19:05 | |
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Today, Circle released the latest attestation report on US dollar reserves backing USDC issued by independent accounting firm, Grant Thornton LLP. The report states that as of May 31, 2019 at 11:59 PM Pacific Time: USD Coin (“USDC”) tokens issued and outstanding = 333,854,877 USDC US Dollars held
2019-6-18 18:25 | |
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Tether, a stablecoin tied to the dollar that is meant to mediate the volatility of other cryptocurrencies, is partly backed by bitcoin. As detailed in court documents obtained by The Block, Tether admitted to using some of the cash reserves meant to back its stablecoin to purchase bitcoin, among other assets.
2019-5-22 23:02 | |
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Today, Circle released the latest attestation report on US dollar reserves backing USDC issued by independent accounting firm, Grant Thornton LLP. The report states that as of April 30, 2019 at 11:59 PM Pacific Time: USD Coin (“USDC”) tokens issued and outstanding = 293,184,174 USDC US Dollars held
2019-5-19 23:14 | |
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Attorneys for Tether and Bitfinex are hoping to get the former access to its reserves amid a legal dispute with New York Office of the Attorney General (NYOAG). In a letter sent to the New York County Supreme Court, attorneys representing iFinex (the parent organization of Bitfinex) and Tether took issue with the restrictions that had been placed on Tether's transactions with related parties as part of an ongoing case against them, stating that the NYOAG had no basis for disallowing tether (USDT) holders and other affiliated entities from redeeming their tokens.
2019-5-16 18:51 | |
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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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“Stablecoins” emerged as in 2014 in the form of Tether [USDT], a token launched on the Bitcoin blockchain backed by alleged reserves of US dollars. USDT “peg” tokens to fiat dollars. The concept was simple: Tether Limited would safeguard funds spent to buy USDT.
2019-5-8 13:00 | |
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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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Stablecoins may be the least exciting tokens in the world of cryptocurrency, but even these projects have their share of drama. Last week, the New York Attorney General’s Office accused Bitfinex of masking $850 million in losses with the reserves of their stablecoin, Tether.
2019-5-2 00:57 | |
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Tether does not have the fiat reserves to back its tokens, lawyers say
2019-4-30 19:36 | |
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By CCN: ShapeShift CEO Erik Voorhees made a valid observation on Twitter today, pointing out that there’s some degree of irony in the charges potentially facing embattled Bitcoin exchange Bitfinex: Tether had the cash reserves, despite wide speculation that the company had issued far more crypto tokens than it could settle.
2019-4-27 00:35 | |
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Today, Circle released the latest attestation report on US dollar reserves backing USDC issued by independent accounting firm, Grant Thornton LLP. The report states that as of March 31, 2019 at 11:59 PM Pacific Time: USD Coin (“USDC”) tokens issued and outstanding = 246,586,876 USDC US Dollars held
2019-4-19 18:17 | |
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Today, Circle released the latest attestation report on US dollar reserves backing USDC issued by independent accounting firm, Grant Thornton LLP. The report states that as of February 28, 2019 at 11:59 PM UTC: USD Coin (“USDC”) tokens issued and outstanding = 236,917,932 USDC US Dollars held in
2019-3-18 20:42 | |
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The controversy surrounding the backing of Tether’s USDT tokens has resurfaced following a recent alteration to the company’s terms of service that now state the reserves backing USDT comprise “traditional currency and cash equivalents and … other assets and receivables from loans made by Tether to third parties.
2019-3-18 17:48 | |
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Today, Circle released the fourth attestation report on US dollar reserves backing USDC issued by independent accounting firm, Grant Thornton LLP. The report states that as of January 31, 2019 at 11:59 PM UTC: USD Coin (“USDC”) tokens issued and outstanding = 307,793,724 USDC US Dollars held in
2019-2-16 23:37 | |
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Another country that faces a financial crisis due to the US sanctions issues its own national cryptocurrency. A group of Iranian banks presented a PayMon pegged to gold. Islamic revolution in digital Four Iranian banks (Bank Mellat, Bank Melli Iran, Bank Pasargad, and Parsian Bank) presented PayMon cryptocurrency, each coin of which is backed to gold reserves.
2019-2-8 17:22 | |
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Today, Circle released the third attestation report on US dollar reserves backing USDC issued by independent accounting firm, Grant Thornton LLP. The report states that as of December 31, 2018 at 11:59 PM UTC: USD Coin (“USDC”) tokens issued and outstanding = 251,211,148 USDC US Dollars held in
2019-1-17 22:31 | |
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Keeping up with the festive spirit of the holiday season, XLM-based financial services platform Stronghold airdropped 100,000 SHX tokens to its users. Stronghold is a financial services platform that enables payments, trading, and USD reserves using their products like Stronghold USD and their platform APIs.
2018-12-27 22:53 | |
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CoinSpeaker Bloomberg: Tether Has Full Fiat Reserves For Its Circulating USDT Tokens Bloomberg has recently reviewed the bank statements of Tether for different months over the lasy year and found that they hold sufficient reserves to back its ciculating USDT supply.
2018-12-19 08:26 | |
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Today, Circle released the second attestation report on US dollar reserves backing USDC issued by independent accounting firm, Grant Thornton LLP. The report states that as of November 30, 2018 at 11:59 PM UTC: USD Coin (“USDC”) tokens issued and outstanding = 177,190,279 USDC US Dollars held in
2018-12-19 00:15 | |
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Tether Ltd. may have the cash reserves to back up its 1.8 billion dollar-pegged tokens, says Bloomberg.
2018-12-18 18:15 | |
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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.
2018-12-1 22:18 | |
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Today, Circle released the first attestation report on US dollar reserves backing USDC issued by independent accounting firm, Grant Thornton LLP. The report states that as of October 31, 2018 at 11:59 PM UTC: USD Coin (“USDC”) tokens issued and outstanding = 127,408,827 USDC US Dollars held in
2018-11-21 19:00 | |
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Malta-based cryptocurrency exchange OKEx has added the Vietnamese Dong (VND) on its Customer-to-Customer (C2C) trading system, enabling Vietnamese customers to exchange their fiat currency for tokens on the platform.
2018-11-14 21:54 | |
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Tether Limited is back in the news; this time, it has confirmed a banking relationship with a financial institution based out of the Bahamas. The issuer of the controversial USD-pegged stablecoin tether (USDT) announced its partnership with Bahamas-based Deltec Bank & Trust Limited.
2018-11-2 00:27 | |
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Аналог Notcoin - Blum - Играй и зарабатывай Монеты
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The move appears to be in anticipation of the approval of spot bitcoin ETFs.
The umbrella organization for Canada’s securities regulators has set conditions for trading and issuing stablecoins.
The Coinbase earnings report shows that services and subscriptions are the exchange’s core revenue streams. Is this a positive or a negative?
BTC margin and options markets are steady, even as investors run for cover as crypto and stock prices fall.
With too many depositors chasing high yields and a lack of borrowers, Anchor interest rates appear to have become unsustainable.