2022-4-1 21:45 |
The firm previously said its reserves would be in cash and treasuries.
Similar to Notcoin - Blum - Airdrops In 2024
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The foundations of Bretton Woods II crumbled last week when the G7 seized Russia’s foreign exchange reserves, the investment bank said.
2022-3-9 20:25 | |
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2022-1-15 18:46 | |
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Last week, the Russian president said it was “a bit early” to use cryptocurrencies to settle oil trades.
2021-10-19 13:45 | |
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"If those loans fail, even a small percentage of them, one Tether would become worth less than $1," said Bloomberg reporter Zeke Faux.
2021-10-8 23:18 | |
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Blockchain network Tron (TRX) now boasts the issuance of over $30.9 billion Tether (USDT), a tweet by founder Justin Sun said yesterday. The post Tron (TRX) issues $30.9 billion in USDT as Tether reveals reserves appeared first on CryptoSlate.
2021-5-14 13:00 | |
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In his latest market insight, Senior Commodity Strategist at Bloomberg Intelligence, Mike McGlone said that financial markets may now want to replace US Dollar reserves with Digital Dollars and BitcoiThe post 'Markets want Bitcoin and digital dollar as reserve currency' appeared first on AMBCrypto.
2021-2-23 00:30 | |
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The crypto market is still buzzing off Tesla’s $1.5 billion bets on Bitcoin as the company designated 7.7% of its cash reserves to purchase Bitcoin (BTC) last month. In an interview with CNBC’s Squawk Box on Wednesday, Grayscale CEO, Michael Sonenshein, said this latest trend of institutions such as Tesla, Square, PayPal, and Twitter adding […] The post Institutional Demand in Bitcoin is Increasing at an ‘Accelerating Pace’ in 2021: Grayscale CEO first appeared on BitcoinExchangeGuide.
2021-2-12 20:27 | |
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“For us everything gets cheaper… for us everything is on sale.” So said Ross Stevens, the Founder and CEO of Stone Ridge Asset Management, in revealing their reserves are now...
2021-2-10 20:15 | |
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Wood said large companies are asking her if they should follow Square's lead.
2021-1-26 01:22 | |
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"Every tether is backed by a reserve and their reserve is more than what is in circulation," said Gregory Pepin, Deltec Bank's deputy CEO.
2021-1-22 17:15 | |
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Stephen Harper said "the number of things that people use as reserves will expand," but the U.S. dollar will still retain its dominant role.
2021-1-19 17:09 | |
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Francis Suarez, Mayor of Miami said that he was “definitely open to exploring” new resident Anthony Pompliano’s suggestion of allocating “1% of the city’s treasury reserves in Bitcoin.” The post Miami Mayor explores idea to put 1% treasury reserves into Bitcoin appeared first on AMBCrypto.
2020-12-31 22:30 | |
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On December 23, 2020, the Canadian financial tech firm Mogo announced its plans to invest 1. 5% of the company’s reserve assets into bitcoin by the year’s end. Mogo’s president and CFO said the initial corporate investment of up to $1.
2020-12-24 01:30 | |
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On December 23, 2020, the Canadian financial tech firm Mogo announced its plans to invest 1. 5% of the company’s reserve assets into bitcoin by the year’s end. Mogo’s president and CFO said the initial corporate investment of up to $1.
2020-12-24 01:30 | |
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A huge amount of gold reserves has been discovered in Russia that has elated the bitcoin community. The largest gold producer of Russia, Polyus PJSC, said its untapped Sukhoi Log deposit in Siberia holds the world’s biggest reserves — 40 million ounces of proven reserves with an average gold content of 2.
2020-10-27 21:21 | |
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Mode said it's the first U.K. listed firm to invest in bitcoin as part of its treasury management strategy.
2020-10-21 11:22 | |
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The Office of the Comptroller of the Currency (OCC) issued new guidance regarding stablecoins on Monday. “National banks and federal savings associations currently engage in stablecoin-related activities involving billions of dollars each day,” said Acting Comptroller of the Currency Brian P.
2020-9-23 17:06 | |
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In a fundamentally important development for the cryptocurrency industry, the US Office of the Comptroller of the Currency (OCC) said today that national banks and federal savings associations are legally allowed to hold the currency “reserves” that back stablecoins.
2020-9-23 17:00 | |
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The man behind the new Aussie dollar stablecoin, said the big four banks were not “allowed” to hold the fiat reserves for the cryptocurrency
2020-3-22 03:00 | |
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ANZ Research recently published its report on China’s de-dollarization, Libra and RMB globalization; a report which said that while China still allocates a high share of its foreign exchange reserves to USD (estimated at around 59% as of June 2019), it is likely to speed up the pace of diversifying into other currencies as time […] The post Facebook’s Libra could be both a yuan competitor, and a yuan enhancer appeared first on AMBCrypto.
2019-10-29 19:00 | |
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Balaji Srinivasan, a former partner at a16z and former CTO at Coinbase, has said that in the future, every nation state may have to hold crypto. Srinivasan, who now operates as an angel investor, said: “Ten years after the launch of Bitcoin, the President of the United States and the Chair of the Federal Reserve […] The post Trump Hates Bitcoin but Nations May Hold Crypto Reserves in 10 Years appeared first on CCN Markets
2019-7-13 14:36 | |
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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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A new court filing revealed that stablecoin issuer Tether said that it had invested some of its reserves in bitcoin
2019-5-22 22:25 | |
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Bitcoin permabull Max Keiser is doubling down on his $100,000 bitcoin price prediction as it reached a new ten-month high this week. The Wall Street veteran says the U. S. Federal Reserves policies will cause a chain of events that will cement BTC’s status as a store of value.
2019-5-15 19:30 | |
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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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In a handful of oil fields in the Great White North, natural gas, an otherwise wasted drilling by-product, is being put to work. But it’s not being used to well more oil; it’s being used to mine bitcoin.
2019-5-8 20:07 | |
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The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million.
2019-4-27 01:30 | |
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QuadrigaCX Exchange’s founder, Gerald Cotten, passed away more than two months ago, and with his death, the keys to the exchange’s cold storage allegedly went to the grave with him.
2019-2-26 22:21 | |
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A group of lawyers from some of Canada’s top law firms convened in a court in Halifax, Nova Scotia, today to secure the right to represent creditors in the ongoing QuadrigaCX litigation.
2019-2-15 01:45 | |
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Today, February 5, 2019, a court in Nova Scotia, Canada, granted bankruptcy protection under the Companies’ Creditors Arrangement Act (CCAA) to the embattled Vancouver-based cryptocurrency exchange QuadrigaCX.
2019-2-6 23:12 | |
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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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Bitcoin development company Blockstream has open sourced development of a tool which allows cryptocurrency exchanges to prove their liquidity. Exchanges Have ‘Room For Improvement’ Dubbed ‘Proof of Reserves,’ the tool originated as a feature geared to Blockstream’s Liquid Network, developers subsequently opting to release it for market participants throughout the Bitcoin network.
2019-2-5 15:00 | |
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Over the past week or two, a story about Russia adding bitcoin to their foreign currency reserves has been reported in a variety of media outlets such as The Daily Telegraph, Fortune, and ZeroHedge.
2019-1-16 18:00 | |
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Central Banks might resort to cryptocurrency reserves as means of supplementing national gold reserves according to veteran cryptographer Nick Szabo. He also holds that the use of digital currencies will rise in countries with distraught economies.
2019-1-11 01:00 | |
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Bloomberg reported that Tether “has the billions it promised,” suggesting that USDT could be backed one-to-one by dollars. That said, the reserves do not necessarily prove Tether’s innocence in a laundry list of other misconduct.
2018-12-20 11:34 | |
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Gabor Gurbacs is confident that the approval of a bitcoin exchange traded fund (ETF) is inevitable. And he’s optimistic that the VanEck SolidX Bitcoin Strategy will be the first to deliver one to the world.
2018-11-17 01:42 | |
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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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Tether (USDT) has unveiled a relationship with a Bahamian bank that it says has reviewed the company regularly over the last few months. Tether has included a balance statement from the bank which says the project has nearly $2bn in reserve funds- more than the present public market cap.
2018-11-1 19:39 | |
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Utility billing and payment services provider Novatti is launching a new Australian dollar (AUD)-backed stablecoin known as the Novatti AUD Utility Token on the Stellar Network.
2018-10-25 20:58 | |
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Stability. The word seems to be at complete odds with the current nature of the crypto market. With its flagship coin having “died” on hundreds of occasions, volatility and meteoric price swings have come to define cryptocurrencies, as price stability, ever-elusive, is in short supply.
2018-10-3 19:05 | |
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An economist with the St. Louis Federal Reserve said that cryptocurrencies could solve a problem faced by global currency reserves like the dollar.
2018-10-3 00:30 | |
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The London Block Exchange said they have permission to launch a new virtual currency, the LBXPeg. The stablecoin would be backed by UK Pound Sterling reserves. The London Block Exchange (LBX) is planning to release a new virtual currency pegged to the Pound Sterling.
2018-9-30 10:00 | |
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Cryptocurrency exchange DigiFinex on Friday replaced Tether (CRYPTO: USDT) with TrustToken’s stablecoin called TrueUSD (CRYPTO: TUSD). DigiFinex said on its website that it had concerns about the existence of U.
2018-9-16 21:30 | |
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Cryptocurrency exchange DigiFinex on Friday replaced Tether (CRYPTO: USDT) with TrustToken’s stablecoin called TrueUSD (CRYPTO: TUSD). DigiFinex said on its website that it had concerns about the existence of U.
2018-9-17 21:30 | |
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“We have nothing to hide,” says Tory Reiss, VP of corporate development at TrustToken. Like the market’s most popular stablecoin, Tether, TrustToken's TrueUSD is fiat-collateralized.
2018-7-26 18:55 | |
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As the world of cryptocurrencies constantly evolves and changes, traditional institutions, such as banks, are trying to keep up with the crowd. Mastercard was able to receive a patent which allowed users to manage ‘fractional reserves of blockchain currency’.
2018-7-19 13:30 | |
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Consumers might one day be able to charge their purchases on their credit cards using bitcoin as a currency. On Tuesday, Mastercard won a patent to protect a method that would manage “fractional reserves of blockchain currency.
2018-7-18 10:09 | |
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Stronghold, a cryptocurrency trading platform housed by Stellar, is launching a stablecoin on its parent network’s blockchain in collaboration with IBM. Stronghold USD will be backed with “one-to-one U.
2018-7-18 22:00 | |
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Malta-based tokenization platform STASIS has launched EURS, a stablecoin backed by the Euro. EURS, aiming to be the biggest "fully verified and collateralized stablecoin" in the world, launched with a $100 million pre-launch order book which is expected to hit $500 million by year’s end.
2018-7-16 19:46 | |
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Аналог Notcoin - Blum - Играй и зарабатывай Монеты
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Цена Dogecoin выросла за неделю почти на 85%, что вывело этот мемкоин на шестую позицию по уровню рыночной капитализации среди всех криптовалют. 11 ноября DOGE торгуется на уровне около $0,2878.
The Global Dollar Network, whose participants will earn yield for helping foster adoption of USDG, also includes Anchorage Digital, Bullish, Galaxy Digital and Nuvei.
Администрация бразильского банка Nubank заявила о немедленной приостановке торгов собственным токеном Nucoin и предложила пользователям конвертировать активы в биткоины или USDC до 9 декабря.
Источники издания Financial Times сообщили, что члены команды вице-президента США связались с крупными представителями криптоиндустрии и обозначили намерение наладить позитивный диалог с участниками рынка цифровых финансов.
Команда протокола криптокредитования Sonne Finance объявила, что потеряла как минимум $20 млн, поскольку злоумышленник смог воспользоваться уязвимостью в некоторых смарт-контрактах.
Депутат британского парламента от Шотландской национальной партии объявила, что правительство Соединенного Королевства уделяет слишком мало внимания развитию блокчейн-технологий и подготовке квалифицированных специалистов в этой области.
Представители криптоиндустрии США собрали $78 млн на поддержку кандидатов в президенты, которые заявили, что готовы поддерживать криптовалюты. Инициативу под названием Fairshake поддержали такие гиганты индустрии как Coinbase, Ark, Circle, Jump Crypto, Kraken, Ripple и другие.