2023-4-17 00:00 |
Failure to register as a stablecoin issuer could result in up to five years in prison and a fine of $1 million.
origin »
|
The collapse of Silicon Valley Bank and news that Circle, the issuer of USDC, was exposed to the tech lender has caused reverberations across the stock and crypto markets. However, could Moody’s rating downgrade of SVB have accelerated the bank crash? Moody’s Rating Of SVB Moody’s Investors Service downgraded the credit ratings of SVB Financial Group and its subsidiary, Silicon Valley Bank.
2023-3-13 14:33 | |
|
|
Paxos, the BUSD issuer, received a letter from the SEC on allegations of being unregistered security. The investigation could be a detriment on Binance’s part as NYDFS orders a stop to BUSD mThe post Could Binance USD [BUSD] be the next SEC casualty as regulator digs deep into… appeared first on AMBCrypto.
2023-2-14 19:30 | |
|
|
Key Takeaways Circle, issuer of USDC, has cancelled a plan to go public in a $9 billion deal Public listing could have presented USDC as the anti-Tether, pushing a fully transparent and audited angle Cancelled deal reflects pulldown in prices across the board Circle remain determined to go public eventually, but in the interim, will […] The post Circle plan to go public is cancelled.
2022-12-7 14:15 | |
|
|
"There's a real recognition that as these payment stablecoins grow, they could grow at internet scale relatively quickly," Circle CEO said.
2021-11-13 16:28 | |
|
|
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 | |
|
|
Stablecoin runs could occur if users lose confidence in the issuer or its network.
2020-9-24 15:30 | |
|
|
Many fear that legal woes that surround Tether, the flagship stablecoin issuer, could have negative implications for the crypto market
2019-8-20 09:19 | |
|
|
A handful of projects could decide the future of security tokenization, according to a leading figure at a security issuer. Matthew Le Merle of Securitize says that the first STO’s could become paragons of asset tokenization – or they could set the industry back by a decade.
2019-5-24 22:16 | |
|
|
In the latest on the ongoing legal dispute between the New York Attorney General (NYAG), cryptocurrency exchange Bitfinex and stablecoin issuer Tether, the New York Supreme Court has modified an April 24, 2019, preliminary injunction and now Bitfinex is allowed to continue using the Tether reserves that were loaned to it to maintain its ordinary course of business, such as paying employees and consultants.
2019-5-18 22:14 | |
|
|
Security tokens are coming to Bitcoin, courtesy of Blockstream. The Bitcoin and blockchain technology company announced on May 15, 2019, the final day of the Consensus 2019 conference, that Liquid Securities, a platform for issuing and managing security tokens on its Liquid sidechain, is ready to go live.
2019-5-16 19:14 | |
|
|
Last week, the crypto community was shocked when the New York Attorney General’s (NYAG) office revealed that Tether Limited, the issuer of the USDT asset, and world-renowned Bitcoin (BTC) exchange Bitfinex may be in precarious financial standing.
2019-4-30 14:18 | |
|
|
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 | |
|
|
Crime isn’t supposed to pay, but sometimes the wages of sin are paid in bitcoin. Last week, Japanese police reported that 2018 saw a tenfold increase of cryptocurrency money laundering.
2019-3-20 16:49 | |
|
|
October 31, 2008, and January 3, 2009. The two dates have cemented themselves with Promethean significance into Bitcoin’s lore. On the October 31, Satoshi Nakamoto published the Bitcoin white paper, a constitution of sorts for his revolutionary monetary system and its intrinsic currency.
2019-1-3 07:14 | |
|
|
Two securities, one that tracks bitcoin and another that tracks the cryptocurrency ether, have been temporarily halted by a U. S. regulatory watchdog due to investor confusion.
2018-9-11 22:01 | |
|
|
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 | |
|
|
The Federal Bureau of Investigation (FBI) recently warned banks that cybercriminals are poised to carry out an “ATM cash-out,” an operation that gives thieves access to untold sums of money by bypassing security measures on an ATM.
2018-8-14 00:24 | |
|
|
The slow trickle of traditional investment into the crypto market may turn into a flood if a new platform launched by blockchain services provider AxiomLevel Technologies makes its desired impact.
2018-8-6 18:55 | |
|
|
“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 | |
|
|
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 | |
|
|
South Korea just ruled that bitcoin is a legally recognizable asset, which is good news for investors, but not such good news for convicted criminals that had managed to hold onto their cryptocurrency in the past.
2018-6-11 18:04 | |
|
|
Several Ethereum key metrics are witnessing a positive sentiment following a renewed upward momentum in the digital asset’s price. Favorable macroeconomic and market conditions are believed to have bolstered the uptrend in ETH’s price and market dynamics, reflecting the potential for more price growth.
On Dec. 6, US President-elect Donald Trump announced on Truth Social that David Sacks has been named the “White House AI and Crypto Czar. ” In his new role, Sacks will lead efforts to establish a legal framework for crypto regulation and chair the Presidential Council of Advisors for Science and Technology.
U.S. President Joe Biden called Bola Tinubu, the President of Nigeria, on Tuesday to personally thank him for the recent release of detained American Binance executive Tigran Gambaryan.
The co-author of Biden’s executive order on crypto Carole House has rejoined the White House as Special Advisor for Cybersecurity and Critical Infrastructure Policy. Carole House, a former director of cybersecurity and secure digital innovation for the White House who…
Issued Monday, President Biden's executive order is aimed at potential threats posed by artificial intelligence, but critics of the White House action wonder if innovation could be stifled.
The letter was signed by crypto opponents and many lawmakers who had been neutral on crypto until now.
With an allocation of nearly $20 million in rewards, the AI Cyber Challenge brings together prominent AI enterprises such as Anthropic, Google, Microsoft and OpenAI.