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Binance’s PoR system shows over $63B in reserves backing 24 assets
Binance, one of the world’s largest crypto exchanges, updated its proof-of-reserves (PoR) system to include 11 new tokens. The post Binance’s PoR system shows over $63B in reserves backing 24 assets appeared first on CryptoSlate. дальше »
2023-3-8 21:49 | |
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Binance reportedly moved $1.8 billion of collateral backing customers stablecoin
Binance moved over $1 billion of customer funds meant as reserves for B-tokens last year The funds were sent to firms like Alameda Research, Cumberland, and Tron Binance CSO stated that therThe post Binance reportedly moved $1. дальше »
2023-2-28 21:30 | |
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Crypto vs Fiat: Has Cryptocurrency Lost the Battle Against Traditional Currency
Cryptocurrency vs. Fiat explores the challenges of widespread adoption and government backing, and the potential benefits and drawbacks. The post Crypto vs Fiat: Has Cryptocurrency Lost the Battle Against Traditional Currency appeared first on BeInCrypto. дальше »
2023-2-24 01:12 | |
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Cardano-Based Djed Stablecoin Attracts Over 30M ADA In the First Week Since Launch
Roughly over a week since launch, the Cardano-based over-collateralized stablecoin Djed has attracted over 30 million ADA tokens as backing. дальше »2023-2-20 23:46 | |
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Tether's Attempt to Block CoinDesk's Request for Stablecoin Reserve Records Dismissed by New York Court
A New York judge on Friday rejected an attempt by iFinex and related companies, which include include cryptocurrency exchange Bitfinex and stablecoin issuer Tether, to block CoinDesk's request for information about the financial reserves backing the USDT token. дальше »
2023-2-10 20:39 | |
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Cardano DJED Depegging Reignites Stablecoin Backing Debate
Cardano's Djed stablecoin depegged on a few days after its launch, reigniting the debate on reserve requirements. The post Cardano DJED Depegging Reignites Stablecoin Backing Debate appeared first on BeInCrypto. дальше »
2023-2-4 22:00 | |
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As The Crypto Bubble Pops, Investors Are Backing Coins With a Future, Like Metacade
The crypto bubble seems to have popped after a major downturn in 2022. Terra Luna lost 99% of its value, and Sam Bankman-Fried’s FTX became insolvent towards the end of the year. The crypto bubble has now well and truly deflated, and investors are now seeking new cryptocurrencies at market lows. дальше »
2023-1-25 17:24 | |
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Paxos wants to up USDP collateral backing for MakerDAO’s DAI stablecoin
Paxos has proposed a partnership with MakerDAO that will essentially increase the Paxos dollar (USDP) backing for the DAI stablecoin issued by the Maker protocol. Before it, Maker collaborated with Gemini, where the latter’s Gemini dollar (USDC) stablecoin was also… дальше »
2023-1-20 17:13 | |
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BUSD faces depegging scare: What's going on, Binance?
BUSD under FUD because of reports showing insufficient backing. Until the time of writing, the stablecoin was able to maintain its peg. The stablecoin of trading platform Binance [BUSD] isThe post BUSD faces depegging scare: What's going on, Binance? appeared first on AMBCrypto. дальше »
2023-1-12 06:30 | |
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Is crypto non-existent for institutional investors? This JPMorgan exec states that...
Institutional investors fail to put their faith in cryptocurrencies However, some major financial institutions are accepting and backing various cryptocurrencies Institutions have stayed awaThe post Is crypto non-existent for institutional investors? This JPMorgan exec states that... appeared first on AMBCrypto. дальше »
2022-12-27 20:30 | |
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Ren Protocol to Shut Down and Launch New Network With Millions at Risk
Ren Protocol, which had backing from Alameda Research to shut down, and the millions in Total Value locked are at risk of being lost forever. The post Ren Protocol to Shut Down and Launch New Network With Millions at Risk appeared first on BeInCrypto. дальше »
2022-12-20 19:45 | |
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Oryen Network Launch Getting Closer, Binance (BNB) Yet To Reveal If They Are Backing The Newcomer
Given the success of its ongoing ICO, Oryen is gearing up for its launch on a high, having exceeded expectations. Its current presale 7 price of $0. 21 signifies a 320% increase from its debut price of $0. дальше »
2022-12-10 06:04 | |
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Oryen Network Gives Attractive APY, Governance, And Asset Backing, Similar To Maker And Curve But Better
In the years since DeFi was launched, various projects have come along that seek to improve the overall user experience. Initially, using DeFi products was cumbersome and offered few benefits besides offering financial services without an intermediary. дальше »
2022-12-7 03:25 | |
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Gemini reveals $601M GUSD backing, 45+ licenses amid global exchange turmoil
The Winklevoss Twins-backed exchange Gemini has announced a “Trust Center” to display a breakdown of funds held on the platform. The post Gemini reveals $601M GUSD backing, 45+ licenses amid global exchange turmoil appeared first on CryptoSlate. дальше »
2022-11-30 01:58 | |
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WBTC Depegs From BTC: The Fear Is Real
Bitcoin-backed Wrapped Bitcoin (WBTC) tokens have been trading at a discount compared to their Bitcoin backing ever since the fall of major crypto exchange FTX. Market data provided by Done shows that Wrapped Bitcoin has been consistently trading at a… дальше »
2022-11-29 22:17 | |
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WBTC depegs from BTC: The fear is real
Bitcoin-backed Wrapped Bitcoin (WBTC) tokens have been trading at a discount compared to their Bitcoin backing ever since the fall of major crypto exchange FTX. Market data provided by Done shows that Wrapped Bitcoin has been consistently trading at a… дальше »
2022-11-30 22:17 | |
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OKX rolls out Proof of Reserves, self-audit, Custodial Wallet
OKX, the second-biggest crypto exchange in the world by trading volume, has introduced three new leading offerings that are giving its clients improved visibility into their assets, greater control over funds, and insight into asset backing, Coin Journal learned from a press release. дальше »
2022-11-24 16:14 | |
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Oryen Network Propels Holders to Nearly 100% Presale Gains
Meme coins are quite popular in the crypto industry. These tokens have amassed a large following on social media, which has helped to grow their token’s value. With the backing of leading public figures, their long-term viability has been cemented. дальше »
2022-11-7 13:00 | |
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Coinbase files brief backing Grayscale’s ETF lawsuit against SEC
Coinbase (NASDAQ: COIN) has filed an amicus brief in support of digital assets manager Grayscale Investments, which is suing the US Securities and Exchange Commission (SEC) over the rejection of the company’s spot Bitcoin ETF application. дальше »
2022-10-19 16:03 | |
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Tether’s latest update could impact USDT in a positive way
Late in September, Tether made headlines when a judge ordered the company to reveal what is likely to be crucial documentation for any evaluation of USDT's backing with U.S. dollars. The court fouThe post Tether’s latest update could impact USDT in a positive way appeared first on AMBCrypto. дальше »
2022-10-15 23:30 | |
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Crypto Companies Need Backing Capital Like Banks, Says Global Regulator
The global coordinator for financial regulation has put forward a proposal for cryptocurrency regulation, which it hopes countries will enact before the end of the crypto winter. The post Crypto Companies Need Backing Capital Like Banks, Says Global Regulator appeared first on BeInCrypto. дальше »
2022-10-11 20:00 | |
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Minteo closes $4.3 million round as it eyes Web3 growth for Latin America
Minteo’s $4.3 million seed round attracted the backing of Fabric Ventures, OpenSea Ventures, Dune… The post Minteo closes $4.3 million round as it eyes Web3 growth for Latin America appeared first on CoinJournal. дальше »
2022-9-30 21:01 | |
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Astar Network Joins Forces With 329 Japanese Top Brands To Promote Web3
Astar Network has hit another significant milestone, as its advertisement on Japan’s national newspaper Nikkei, has received the backing of 329 leading institutions and brands in the country, effectively setting a new world record. дальше »
2022-9-27 16:05 | |
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Polkadot looks to 10x transaction speed in new updates
Polkadot (DOT) announced new updates to its roadmap, including the asynchronous backing optimization that will increase its transaction speed by at least 10x. The post Polkadot looks to 10x transaction speed in new updates appeared first on CryptoSlate. дальше »
2022-9-27 15:00 | |
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U.S Judge Orders Tether To Produce Financial Records Proving USDT’s Backing
Stablecoin issuer Tether has recieved a court order to produce financial records that prove the backings of its USDT. The Judge at Northern District Court New York, Katherine Polk Failla, issued the order for Tether on Tuesday upon the plaintiffs’ request to prove its reserves. дальше »
2022-9-22 12:23 | |
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JP Morgan invests in $20 million round for digital assets firm Ownera
JP Morgan (NYSE: JPM) is among investors backing Ownera, a digital assets trading platform for tokenised securities, the crypto network announced on Wednesday. Per a press release, the banking giant joined German-based investment and fund management firm LRC Group and crypto-focused investments firm Accomplice Blockchain in Ownera’s $20 million Series A funding round. дальше »
2022-9-15 19:17 | |
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