2023-10-17 15:14 |
Dollar deposits in user wallets are no longer eligible for FDIC insurance protection, according to the updated terms of use. origin »
Bitcoin price in Telegram @btc_price_every_hour
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With institutions demanding protection from inflation and dollar depreciation, historical trends could see BTC/USD 8X from current prices, says Bloomberg Intelligence.
2021-3-27 17:46 | |
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Coinspeaker David Marcus: Libra Doesn’t Want to Conquer Dollar, It is Not InvestmentToday’s hearing in the House of Representatives follows one in the Senate. Amid questions of safety, compliance and consumer protection, Marcus kept stressing that Libra project would seek proper approval and registrations with the relevant authorities.
2019-7-17 19:36 | |
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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 and Tether’s legal counsel has written a response to the New York Attorney General’s (NYAG) ex parte order, which claims that Bitifinex used Tether’s reserves to cover some $850 million in losses.
2019-5-1 01:22 | |
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This week, major US-based crypto exchange Gemini obtained insurance coverage from a consortium of leading insurance providers led by Aon, a multi-billion dollar insurance giant based in London. Yusuf Hussain, Gemini’s Head of Risk, emphasized the importance of providing sufficient consumer protection to assure that investors on the platform can freely trade cryptocurrencies without the […] The post Major US Crypto Exchange Obtains Insurance, Will it Have Positive Effect on the Industry? appeared first on CryptoSlate.
2018-10-6 20:00 | |
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Ever since stablecoins were initially discussed as a liquidity and risk protection solution within the cryptocurrency ecosystem, the race has been on to build this supposed ‘Holy Grail’ digital asset.
2018-9-11 04:33 | |
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Cryptocurrency–While some media outlets continue to slam cryptocurrency over the frequent hacks and overall risk of investing through susceptible exchanges, enterprising insurance companies have seen a solution: offer protection against hacks for just pennies on the dollar.
2018-7-24 22:15 | |
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A top White House official is pushing back against warnings that stablecoins will drain money from American banks — arguing the opposite is true. Related Reading: Crypto Thieves Pivot To Phishing As Protocol Hacks Decline In February Foreign Money, Domestic Gains Patrick Witt, executive director of the White House Council of Advisors for Digital Assets, posted on X this week that when foreigners convert local currencies into dollar-backed stablecoins issued by US companies, that capital flows into the American banking system, not away from it.
Britain is preparing to test blockchain technology in its sovereign debt market, appointing HSBC and law firm Ashurst to lead a digital gilt pilot expected later this year. The move puts the UK on course to become the first G7 nation to issue government bonds on a blockchain network.
Hong Kong is widening the scope of regulated crypto activity as its market enters a new phase of development. The Securities and Futures Commission said on Wednesday it will allow licensed brokers to offer virtual asset margin financing and set out a framework for perpetual contracts on licensed trading platforms.
Arkham Exchange, the trading platform launched by blockchain analytics firm Arkham Intelligence, is set to close operations, as per a CoinDesk report. The development marks a sharp turn for a company that had tried to expand beyond on chain data into direct crypto trading.
Polymarket has moved to head off state-level restrictions by filing a federal lawsuit against Massachusetts officials, arguing that its prediction markets fall under national oversight rather than local gambling laws.
Crypto security incidents are increasingly being driven by simple user mistakes rather than complex hacks. Address poisoning is emerging as one of the most damaging examples. In January, a single victim lost $12.
The past few months in crypto have felt less like panic and more like exhaustion. Bitcoin lost nearly half its value from the October 2025 peak near $125,000 to the low $60,000s as of early February.