2019-6-15 15:33 |
A consistent currency perfectly pegged to the price of 1 USD, backed by $150 million worth of diamonds.
Similar to Notcoin - Blum - Airdrops In 2024
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Following the many months of intense scrutiny about its finances and whether its tokens are fully backed by USD… The post Tether (USDT) Not Entirely Backed By USD? New Updates On Legal Section appeared first on Invest In Blockchain.
2019-3-15 13:08 | |
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Tether says its coin is backed by “cash equivalents” and “other assets.” But what are these?
2019-3-15 22:05 | |
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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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Popular stablecoin Tether (USDT) – the world’s 9th largest cryptocurrency by means of market cap, has once again attracted the attention of the crypto community. As noticed by existing Tether investors, the project has removed previous claims that the stablecoin was entirely backed by US dollars.
2019-3-14 18:32 | |
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One of the main predictions made by Bitcoin evangelists is that BTC will become the next reserve currency of the world after the dollar falls. The idea is fairly well-known and now it was also backed by Max Keiser, a popular US broadcaster and crypto supporter. The idea is based in the belief that USD […]
2019-3-12 05:12 | |
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CryptoNinjas BlockFi, a company offering with interest-earning accounts and low-cost USD loans backed by crypto, today announced the launch of the BlockFi Interest Account (BIA). Now publicly available, users can securely store their Bitcoin or Ether at BlockFi and receive 6% annual interest, paid.
2019-3-5 17:15 | |
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The founder of My Big Coin, a crypto company based in Nevada, has been recently arrested for fraud. The police enforcement affirms that the man has defrauded people in a $6 million USD scheme in order to buy My Big Coin, a token that was allegedly backed by gold. Named Randall Crater, the founder was […]
2019-2-28 05:27 | |
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Cryptocurrency exchange Bitfinex has announced it will support trading of USD denominated stablecoin Tether (USDT) against fiat USD from Friday. Bitfinex Hedging A Hedge The curious decision, which the exchange revealed in a blog post just hours before the pair went live, appears to be the first of its kind in the cryptocurrency industry.
2018-12-21 16:00 | |
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The attestation report prepared by Grant Thornton has verified Circle’s claims that 177.1 million USDC in circulation were backed by more than $180 million in custody accounts.
2018-12-21 15:16 | |
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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.
2018-12-19 15:59 | |
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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.
2018-12-19 01:13 | |
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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.
2018-12-18 18:20 | |
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Both platforms simultaneously backed USD Coin (USDC), Gemini Dollar (GUSD), Paxos Standard Token (PAX), and True USD (TUSD).
2018-12-5 21:23 | |
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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.
2018-11-22 20:07 | |
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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.
2018-11-22 14:14 | |
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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 […]
2018-11-21 18:45 | |
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Binance — one of the most popular digital currency exchanges across the globe — has announced that it will be adding the fiat-collateralized stablecoin USD Coin (USDC) to its trading platform on November 17, 2018.
2018-11-15 21:11 | |
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The stablecoin backed by many companies such as Circle Internet Financial Ltd, Coinbase, Goldman Sachs and more gives the impression to be the most preferred digital asset amongst numerous stablecoins that are pegged with USD.
2018-10-30 19:45 | |
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Galaxy Capital–backed BlockFiis taking its loan services to the global stage. According to a statement shared with Bitcoin Magazine, the platform is expanding its services to an international audience.
2018-10-31 17:17 | |
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There are 2 things we can say for sure about Tether (USDT). One, it’s the most popular stablecoin on… The post 59% of Polled Investors Don’t Believe Tether is Fully Backed by USD appeared first on Invest In Blockchain.
2018-10-29 16:05 | |
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Reports reaching Ethereum World News, indicate that a new stablecoin will be launched on the Stellar blockchain that is pegged to the Australian Dollar (AUD). It will keep its value in a manner similar to how traditional stable coins have used the USD as reference as well as being backed by the fiat currency.
2018-10-25 12:58 | |
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More than 100 unique stablecoins are currently in existence, almost double the number compiled last month, according to a new analysis and survey by blockchain entrepreneur Edan Yago and stablecoin resource Stable.
2018-10-25 12:00 | |
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With the volatility of the crypto market, stablecoins, cryptocurrencies backed by assets such as fiat currencies or precious metals, have been gaining in popularity in recent months. For investors that want to include some stablecoin in their digital portfolios, there is a new kid on the block.
2018-10-24 19:59 | |
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Circle and Coinbase, two of the largest and most popular cryptocurrency companies, are partnering to improve the stablecoin concept, but there’s a catch. The CENTRE Consortium for a Better Stablecoin On Tuesday, both companies announced the CENTRE Consortium, a joint venture that aims to speed up adoption of cryptocurrencies backed by actual fiat currencies like US dollars.
2018-10-24 12:00 | |
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Coinbase will reportedly list a stablecoin initially backed by one of its closest competitors after joining the consortium behind the USD-pegged cryptocurrency. Coinbase Joins CENTRE Consortium, Will List USD Coin San Francisco-based cryptocurrency exchange Coinbase recently listed decentralized exchange protocol utility token 0x (ZRX) to the list of cryptocurrencies it offers to consumers for trading.
2018-10-23 22:00 | |
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Huobi Global has announced its decision to list four USD-pegged stablecoins by the end of the week. In a support notice published on its platform, the company noted that users will be able to make deposits for Paxos Standard Token (PAX), True USD (TUSD), Circle’s (USDC), and Gemini exchange’s (GUSD) on its exchange starting from Friday, October 19, 2018 (GMT +8).
2018-10-17 21:15 | |
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Paxos Standard (PAX) Stablecoin Has Pumped About $50 Million Worth Of Crypto Since Its Launch Paxos Standard (PAX) is an Ethereum based (ERC-20) token that is backed one-to-one by USD deposits and available through Paxos.
2018-10-16 19:27 | |
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Crypto-to-USD lender BlockFi has announced that it will support loans backed by both Litecoin and Gemini’s recent stablecoin token GUSD. This is the first time the company is expanding to accept collateral in one of the crypto industry’s top-10 assets besides bitcoin and ether.
2018-10-16 16:07 | |
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Chart for LTC/USD (1W) Gemini just announced Litecoin (LTC) support. A new exchange backed by TD Ameritrade has already made clear its intention to list Litecoin (LTC). Coinbase already has it and so does Circle.
2018-10-13 18:00 | |
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The popular digital currency exchange, Bitfinex has reportedly stopped its USD deposits to their exchange. This news comes after last weeks, several rumours that the exchange was broke which made management forced to step up and deny the rumours that they were not bankrupt.
2018-10-11 21:30 | |
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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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A recent academic study by Dr. Wang Chun Wei, a researcher at University of Queensland Business School, concluded that the “kingpin” of stablecoins, Tether (USDT), had no impact on the price of the bitcoin (BTC) during last year’s cryptocurrency bull run.
2018-10-3 18:00 | |
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Stablecoins have garnered serious investor attention over the past few weeks. Unlike bitcoin and similar cryptocurrencies, they are digital assets built to lessen price volatility and are often paired against the U.
2018-9-29 01:06 | |
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On September 26th, Circle announced the release its new stablecoin USD Coin (USDC), which will begin trading on Circle’s Poloniex exchange immediately. The new USDC stablecoin will be fully collateralized by USD at a 1:1 ratio.
2018-9-27 09:00 | |
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Regulated stablecoins continue their disruptive journey into mass adoption as Circle announces application of tokenized fiat assets. The U. S. dollar-backed stablecoin USD//Coin (USDC) is the product of Circle’s partnership with CENTRE, the open source distribution network which will facilitate deposits from U.
2018-9-27 01:32 | |
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Boston-based Circle Internet Financial Ltd. , creator of the popular retail crypto trading app Circle Invest, has announced that it’s following the lead of other exchanges by launching its own U. S.
2018-9-27 18:00 | |
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Bakkt Reveals First Crypto Product: Bitcoin Futures A tweet made on Tuesday, September 25, revealed that Bakkt’s first contracts will be that of Bitcoin futures, which will be backed against fiat currency.
2018-9-25 21:08 | |
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The fact of the matter is that many of us know more about Bitcoin (BTC) and the rest of our favorite digital assets, than we know about our local fiat currencies. We simply found our local currency being used and went along with the story that it was how the world operated.
2018-9-16 17:38 | |
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University of Berkeley Professor Barry Eichengreen has taken a swipe at the viability of stablecoins in an op-ed published on Project Syndicate. The critique, entitled “The Stable-Coin Myth,” argues stablecoins are not automatically "viable" just because they are pegged to an asset, though Eichengreen does believe they have an advantage over "conventional cryptocurrencies" such as bitcoin which he says "is highly unstable" and "unattractive as units of account.
2018-9-13 18:07 | |
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Gemera has announced the presale for the blockchain based platform, connecting Emerald producers and investors. Disclosure: This is a sponsored article The presale will begin September 10th, and last until October 24th.
2018-8-20 16:30 | |
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American investors can now invest in bitcoin Exchange Traded Funds (ETF) through an Exchange-Traded Note (ETN) called Bitcoin Tracker One on the Nasdaq Stockholm Exchange in Sweden, per a Bloomberg report.
2018-8-16 22:09 | |
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Blockchain money transfer company Wyre has announced a partnership with MakerDAO, creator of the Dai stablecoin, to offer Dai as part of a fiat-crypto trading pair in more than 30 countries across the world including the U.
2018-8-15 00:54 | |
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Few people know about the two failed attempts made by BitTorrent, former P2P leader, to transform itself into a media company after its decline from the height of BT download. Obviously, though once a technological game-changer, BitTorrent is no longer a favorite of the Internet industry.
2018-7-26 20:30 | |
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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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IBM has partnered with fintech startup Stronghold to launch a stablecoin pegged to the US Dollar. The cryptocurrency will be tied to government-backed fiat deposited at banks covered by the Federal Deposit Insurance Corp (FDIC).
2018-7-18 15:00 | |
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And the latest stablecoin to hit the market involves an interesting supporter, computer technology giant IBM. Stronghold USD is said to be backed one-to-one by fiat US dollars held at the company’s partner bank, Prime Trust.
2018-7-18 14:15 | |
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It seems like a new alternative for Tether (USDT) pops up at least once a week recently. And the latest stablecoin to hit the market involves an interesting supporter, computer technology giant IBM.
2018-7-18 12:21 | |
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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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Last month was filled with allegations against Tether over their USD Tether stablecoin. Over numerous accusations of the coin not being backed up by USD in a 1:1 ratio, many alternatives have emerged.
2018-7-13 09:20 | |
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