2022-7-15 00:00 |
As of June 30, about 75.6% of Circle’s reserves were held in U.S. Treasuries and 24.4% were held in cash at regulated financial institutions. origin »
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The Euro Coin will be backed by euro-denominated reserves held by U.S. regulated financial institutions.
2022-6-16 16:00 | |
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Tether has held some of its reserves at a tiny Bahamas bank
2022-5-30 19:02 | |
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Marathon Digital Holdings announced its April 2022 mining production updates noting over 9,000 BTC held in reserves and plans for a total mining fleet of 199,000.
2022-5-5 18:09 | |
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Stablecoins have been a target for lawmakers and regulators in the United States. The two have debated the risks that stablecoins pose to the financial sector and the US dollar’s value. Two US lawmakers have joined hands to introduce a bill that will bring transparency to the reserves held by stablecoin issuers.
2022-4-5 18:39 | |
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If nation-states held their reserves in Bitcoin, instead of fiat, they would be less incentivized to go to war, says chief strategy officer at the Human Rights Foundation, Alex Gladstein.
2022-3-31 19:30 | |
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A number of cryptocurrency proponents have been discussing the stablecoin DAI this week, as the DAI allegedly held on the Compound platform is much larger than what is recorded in circulation. At press time, Compound statistics show there’s $523 million worth of DAI held in reserves, while the web portal daistats.
2020-7-4 19:05 | |
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The Ethereum network now has more bitcoin held in reserves than the Lightning Network, according to onchain statistics. At the time of publication, Wrapped Bitcoin (WBTC) has close to 4,000 BTC ($34.
2020-5-27 16:45 | |
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On January 3, 2020, a small group of crypto enthusiasts celebrated the second annual Proof-of-Keys day with hopes to get people to withdraw funds from centralized digital currency exchanges. However, exchanges holding massive amounts of BTC only saw their reserves grow larger and data shows that Coinbase now holds 1 million BTC ($8.
2020-1-26 05:00 | |
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Today, Circle released the latest attestation report on US dollar reserves backing USDC issued by independent accounting firm, Grant Thornton LLP. The report states that as of November 30, 2019 at 11:59 PM UTC: USD Coin (“USDC”) tokens issued and outstanding = 457,103,362 USDC US Dollars held in
2019-12-22 22:19 | |
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While Binance DEX only supports tokens built on Binance Chain, Binance's own blockchain, the decentralized exchange will now support bitcoin trading with a newly created token pegged to the bitcoin.
2019-6-17 19:05 | |
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Today, Circle released the latest attestation report on US dollar reserves backing USDC issued by independent accounting firm, Grant Thornton LLP. The report states that as of May 31, 2019 at 11:59 PM Pacific Time: USD Coin (“USDC”) tokens issued and outstanding = 333,854,877 USDC US Dollars held
2019-6-18 18:25 | |
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Tether is a cryptocurrency pegged to traditional fiat currencies and backed 1:1 by reserves of these traditional currencies held in accounts by Tether. The post What is Tether? Is the USDT Stablecoin Legit? appeared first on CoinCentral.
2019-5-29 19:16 | |
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In its April 2019 Exchange Review, released on May 20, 2019, London-based crypto data analysis firm CryptoCompare found that fiat-to-crypto exchanges performed much better than crypto-to-crypto platforms did over the last month, as cryptocurrency prices rose across the board.
2019-5-21 20:48 | |
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Today, Circle released the latest attestation report on US dollar reserves backing USDC issued by independent accounting firm, Grant Thornton LLP. The report states that as of April 30, 2019 at 11:59 PM Pacific Time: USD Coin (“USDC”) tokens issued and outstanding = 293,184,174 USDC US Dollars held
2019-5-19 23:14 | |
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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 the New York Attorney General’s (NYAG) legal sparring in relation to $850 million in missing funds escalated with another round of court filings this past weekend.
2019-5-7 01:42 | |
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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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By CCN: ShapeShift CEO Erik Voorhees made a valid observation on Twitter today, pointing out that there’s some degree of irony in the charges potentially facing embattled Bitcoin exchange Bitfinex: Tether had the cash reserves, despite wide speculation that the company had issued far more crypto tokens than it could settle.
2019-4-27 00:35 | |
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An intelligence branch of the Russian government used bitcoin to fund its cyberwarfare efforts to interfere with the 2016 U. S. presidential election, the Mueller Report claims.
2019-4-19 23:21 | |
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Today, Circle released the latest attestation report on US dollar reserves backing USDC issued by independent accounting firm, Grant Thornton LLP. The report states that as of March 31, 2019 at 11:59 PM Pacific Time: USD Coin (“USDC”) tokens issued and outstanding = 246,586,876 USDC US Dollars held
2019-4-19 18:17 | |
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While Bitcoin $BTC is doing is normal dancing in the charts today, in recent years, Russia has become the largest buyer of gold in the world. They’ve purchased 4x more gold in the last year then they held in their reserves.
2019-4-12 07:05 | |
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Bitmain’s long-anticipated initial public offering (IPO) filing with the Hong Kong Stock Exchange is officially a bust. The mining titan’s IPO expired on Tuesday, March 26, 2019.
2019-3-26 00:22 | |
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Today, Circle released the latest attestation report on US dollar reserves backing USDC issued by independent accounting firm, Grant Thornton LLP. The report states that as of February 28, 2019 at 11:59 PM UTC: USD Coin (“USDC”) tokens issued and outstanding = 236,917,932 USDC US Dollars held in
2019-3-18 20:42 | |
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Today, Circle released the fourth attestation report on US dollar reserves backing USDC issued by independent accounting firm, Grant Thornton LLP. The report states that as of January 31, 2019 at 11:59 PM UTC: USD Coin (“USDC”) tokens issued and outstanding = 307,793,724 USDC US Dollars held in
2019-2-16 23:37 | |
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The drama surrounding Canadian cryptocurrency exchange Quadrigacx continues to intensify, with a recent report by Zernoncense claiming that the exchange has no identifiable cold storage reserves and that it has never held more than 1,000 BTC in customer funds.
2019-2-5 18:30 | |
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Today, Circle released the third attestation report on US dollar reserves backing USDC issued by independent accounting firm, Grant Thornton LLP. The report states that as of December 31, 2018 at 11:59 PM UTC: USD Coin (“USDC”) tokens issued and outstanding = 251,211,148 USDC US Dollars held in
2019-1-17 22:31 | |
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Today, Circle released the second attestation report on US dollar reserves backing USDC issued by independent accounting firm, Grant Thornton LLP. The report states that as of November 30, 2018 at 11:59 PM UTC: USD Coin (“USDC”) tokens issued and outstanding = 177,190,279 USDC US Dollars held in
2018-12-19 00:15 | |
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Banks statements show that Tether could back up its claims, at least during those points in time for which documentation is available.
2018-12-19 21:43 | |
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Rumors about stablecoin Tether not being fully backed by dollar reserves are looking increasingly thin, according to the latest bank statements, which show that USDT is fully backed by dollar reserves.
2018-12-18 16:00 | |
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Today, Circle released the first attestation report on US dollar reserves backing USDC issued by independent accounting firm, Grant Thornton LLP. The report states that as of October 31, 2018 at 11:59 PM UTC: USD Coin (“USDC”) tokens issued and outstanding = 127,408,827 USDC US Dollars held in
2018-11-21 19:00 | |
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With Ethereum’s launch in 2015 came a flurry of excitement over the future potential of smart contracts. Utilizing a more flexible scripting language than Bitcoin, the platform’s decentralized applications (DApps) were touted by proponents as unlocking a plethora of formerly untapped use cases for the blockchain.
2018-10-30 21:45 | |
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In this overview, we explore Kraken and its journey from a Mt. Gox alternative to soften the blow of bitcoin’s dependence on just one exchange to becoming one of the most respected cryptocurrency exchanges in the world.
2018-9-27 21:21 | |
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South Korean exchange Bithumb has resumed deposit and withdrawal services for a number of cryptocurrencies after the recent hack. Another major Korean exchange, Upbit, has released an audit report showing more crypto and cash reserves than needed to pay customers.
2018-8-5 22:50 | |
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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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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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There is substantial controversy surrounding Tether, a cryptocurrency that claims to be pegged to the U. S. dollar. According to Tether, each Tether token is backed by one U.
2018-6-14 22:01 | |
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Prosecutors in South Korea have requested a 20-year prison sentence for Jeong Sang-ho, CEO of Delio, over alleged large-scale crypto embezzlement. According to Yonhap News Agency, the request was made during closing arguments at the Seoul Southern District Court on…
Coinbase has expanded its prediction markets feature to users across all 50 US states, giving customers nationwide access to event-based trading directly inside its app. The company confirmed the rollout on Jan.
ClearBank has selected digital asset infrastructure firm Taurus to support its expansion into stablecoin-related services, as the UK clearing bank looks to broaden its payments and digital asset offering for clients.
Circle is releasing a new developer toolkit designed to reduce the complexity of integrating cross-chain USDC transfers. The Bridge Kit packages existing protocol functions into a streamlined SDK, potentially cutting significant time from development cycles. In an announcement on Oct.…
Digital currencies recorded modest gains over the past day as the global crypto market cap soared 0. 57% to $3. 86 trillion. Meanwhile, Ethena leads the upside with an over 8% increase, fueled by bullish ecosystem news.
The cryptocurrency market flashed recovery signals today as Bitcoin reclaimed $113,000. As risk-on sentiments emerge, BitMEX co-founder Arthur Hayes has issued an ambitious vision for the altcoin season.
Sony’s Soneium blockchain has announced an advanced tool that rewards meaningful engagement across its platform. The Soneium Score aims to transform on-chain activity into a reputation-based model, shifting from the fleeting incentives and one-off airdrops that have shaped the blockchain space to date.