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Crypto exchange Poloniex offers 65% APR on USDC deposits, but community cries foul
Popular cryptocurrency exchange Poloniex shocked the crypto industry when they announced that they would be offering an unprecedented interest rate to users looking to engage in USDC and USDT lending, offering interest rates as high as 65 percent APR to customers located in the European Union. дальше »
2019-12-19 04:47 | |
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Circle CEO Announces Eliminating Ten Percent of Staff Citing Regulatory Certainty as Reason
Jeremy Allaire, the CEO of Circle, the company behind the famous Poloniex exchange and the USDC stablecoin, tweeted May 22, 2019, that the company was laying off ten percent of their staff at Circle as a result of the restrictive regulatory framework in the United States. дальше »
2019-5-23 12:53 | |
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USDC April Audit Report Reveals Backing above 100 Percent
USD Coin (USDC) released its audit report attested by Grant Thornton LLP, which offered insight on the state of token issuance and fiat backing for April 2019. The report, released on May 18, 2019, is part of a monthly disclosure and makes USDC one of the most transparent fiat-backed stablecoins in the crypto ecosystem. дальше »
2019-5-20 15:00 | |
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In Light of Tether’s Fractional Reserve, a Shadow of Fiatcoins’ Future
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. дальше »
2019-5-13 16:37 | |
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Tether and Bitcoin prices diverge on exchanges following fraud investigation
Tether, the leading stablecoin, recently unpegged from the US Dollar after news that the New York State Attorney General is investigating iFinex Inc. , which operates Bitfinex and owns Tether Ltd. дальше »
2019-4-29 22:06 | |
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Stablecoins Experience a Major Increase in On-Chain Transactions Despite Bear Market
Stablecoins have experienced a meteoric rise in popularity during the second half of 2018, with currencies such as TrueUSD, USDC, Paxos, and GUSD experiencing a 1032 percent increase in on-chain transactions took place in November vs. дальше »
2018-12-12 17:30 | |
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BlockFi Announces Global Expansion of Its Crypto-Backed Loan Services
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. дальше »
2018-10-31 17:17 | |
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With New Exchange Listings and Demand, New Stablecoins See Pegs Broken
Fresh on the market, the industry’s newest batch of stablecoins is having trouble striking a price balance. Amidst news of listings on Huobi and OKEx, two of the industry’s largest exchanges, TrueUSD (TUSD), Gemini USD (GUSD), the Paxos Standard (PAX) and Circle’s USD Coin (USDC) have all risen well above their pegs. дальше »
2018-10-17 01:17 | |
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OKEx Lists Four New Stablecoins
Digital assets platform OKEx has added four stablecoins to its listed assets. According to a support notice published by OKEx, the Hong Kong-based cryptocurrency exchange says that TrustToken's TrueUSD (TUSD), Circle's USDCoin (USDC), the Gemini Dollar (GUSD) and Paxos Standard Token (PAX) are now live on the platform. дальше »
2018-10-16 22:42 | |
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As Tether’s Peg Slips, Bitcoin Price Is Distorted Across Market
Tether’s peg is slipping, and an exchange-wide firesale has led to major price discrepancies between bitcoin’s BTC/USDT and BTC/USD trading pairs across the market. дальше »
2018-10-16 22:06 | |
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In Search of Stability: An Overview of the Budding Stablecoin Ecosystem
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. дальше »
2018-10-3 19:05 | |
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