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Tether Claims $1.6 Billion In Excess Reserves To Back Its Stablecoin
The number one stablecoin by market cap has announced it will reach $1.6 billion in excess reserves of Tether (USDT). The firm estimates this figure for the March quarter. Tether Chief Technology officer Paolo Ardoino disclosed that it expects an estimated $700 million in profit within the said period pushing the reserves higher. Ardoino further […] дальше »
2023-3-24 21:00 | |
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Coinbase CEO says SEC’s notice wasn’t entirely unexpected
Coinbase disclosed a Wells Notice from the US Securities and Exchange Commission (SEC). A Wells Notice usually comes before an enforcement action. Coinbase CEO Brian Armstrong says the company isn’t surprised with the SEC’s move. дальше »
2023-3-24 17:19 | |
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SEC’s Coinbase enforcement action deemed a power play by crypto community
The crypto community rallied to support Coinbase after the exchange disclosed receiving a Wells Notice. The post SEC’s Coinbase enforcement action deemed a power play by crypto community appeared first on CryptoSlate. дальше »
2023-3-23 13:00 | |
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Tron Stablecoin Market Capitalization Crosses $40B, Justin Sun Eyes $60B
Tron founder Justin Sun has disclosed that the blockchain network goal for 2024 is to have a stablecoin market cap of $60 billion. The post Tron Stablecoin Market Capitalization Crosses $40B, Justin Sun Eyes $60B appeared first on BeInCrypto. дальше »
2023-3-19 20:00 | |
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Bitcoin miner Marathon reports 58% drop in revenue
Marathon Digital Holdings, as per their Q4 2022 report, saw a decrease of 58% amid 2022's bear market. The firm also disclosed its ties with Silvergate bank which saw it halt their credit lines. дальше »
2023-3-17 12:03 | |
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More Problems for Solana as Formfunction Announces Closure
Solana-based NFT marketplace Formfunction is set to shut down on March 29 after only 13 months of operation, amid a slump in Solana NFT prices and trading volumes. The decision to close the platform was reached after much discussion and careful consideration, although the specific reason for the closure was not disclosed. дальше »
2023-3-17 01:00 | |
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Ripple Reassures Investors Over Its Financial Strength Despite Having Exposure To Silicon Valley Bank
Ripple CEO Brad Garlinghouse on Sunday disclosed exposure to Silicon Valley Bank. While Garlinghouse declined to say how much capital was held at the fallen bank, he assured investors that the company remains strong. дальше »
2023-3-14 22:56 | |
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USDC Issuer Circle Reveals It Couldn’t Withdraw $3.3 Billion From Silicon Valley Bank
Stablecoin issuer Circle disclosed late Friday that around $3. 3 billion of its $40 billion USDC reserves remained at Silicon Valley Bank. This comes after the high-tech lender’s share price dropped precipitously in response to a run on deposits by nervous consumers. дальше »
2023-3-11 13:22 | |
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Binance reportedly wanted SEC chair Gary Gensler to be an adviser
The present SEC chair had rejected the offer to serve as an adviser to Binance, as per WSJ Binance reportedly has been "much more intertwined" with its American affiliate than it has disclosed The post Binance reportedly wanted SEC chair Gary Gensler to be an adviser appeared first on AMBCrypto. дальше »
2023-3-6 21:47 | |
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Robinhood is under investigation by the US SEC for its crypto activities
Robinhood Markets Inc. disclosed investigation by the SEC in its most recent 10-K filing with the SEC Robinhood has listed a number of cryptocurrencies and also offers crypto custody and trading services. дальше »
2023-2-28 16:29 | |
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Robinhood receives investigative subpoena by SEC over crypto listing
Robinhood, a leading American financial service provider, disclosed a subpoena by the United States Securities and Exchanges Commission (SEC). The disclosure made in the annual report stated that it rThe post Robinhood receives investigative subpoena by SEC over crypto listing appeared first on AMBCrypto. дальше »
2023-2-28 01:38 | |
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Crypto Gaming Company Immutable Sacks 11% Of Its Staff – Here’s Why
Immutable, Australia’s largest crypto gaming startup known for the NFT trading card game Gods Unchained, has disclosed that it will let go 11% of its total workforce, despite having already announced terminations middle of last year. дальше »
2023-2-23 00:05 | |
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Silvergate shares soar after Citadel Securities discloses 5.5% stake
Shares of Silvergate Capital (NYSE:SI) soared on Tuesday after news Citadel Securities had disclosed a 5. 5% stake in the California-based crypto-friendly bank. At the time of writing, the company’s shares were trading around $17. дальше »
2023-2-16 22:46 | |
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86% of Tether was concentrated among four people till 2018
A report by WSJ revealed that 86% of Tether was controlled by four people as of 2018. The USDT issuer has disclosed very little about its operations and ownership structure. A new report by The post 86% of Tether was concentrated among four people till 2018 appeared first on AMBCrypto. дальше »
2023-2-3 13:30 | |
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Crypto Tracking System To Be Launched By South Korea In Q1 This Year
The South Korean Ministry of Justice disclosed intentions to create a crypto tracking system to combat the flow of dirty money and other related financial transactions and to reclaim cash associated with criminal conduct. дальше »
2023-1-30 11:53 | |
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Pantera CEO calls 2023 ‘best time ever’ to start a crypto company with $121B VC funding available
Crypto investment firm Pantera Capital released a ‘Year Ahead’ letter to investors on January 23, in which it disclosed data showcasing the blockchain industry’s resilient nature. дальше »
2023-1-24 04:00 | |
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Scaramucci’s SkyBridge to Buy Back FTX Stake; Says Claims Against SBF ‘Very Clear’
Skybridge Capital, the company founded by Anthony Scaramucci, has disclosed plans to repurchase a 30% stake it sold to FTX in the coming months. Scaramucci – who served as White House Director of Communications – told CNBC that Sam Bankman-Fried and his collapsed exchange may have committed fraud. дальше »
2023-1-21 00:04 | |
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China’s digital yuan now supports smart contracts
Upgrades have been made to China’s Central Bank Digital Currency (CBDC), also known as the digital yuan or eCNY, including smart contract functionality and some recently disclosed use cases. Meituan food service platform deploys e-CNY smart contracts According to a Jan.… дальше »
2023-1-20 13:00 | |
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FTX Ex-President to Share What He Knew About the Collapsed Exchange “In Time”
Brett Harrison, the former president of the crypto exchange FTX U. S. plans on spilling the beans on the exchange’s operations soon. The former executive disclosed his intentions early Monday when responding to a question on his knowledge of the firm by one of his followers. дальше »
2023-1-16 22:28 | |
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Why Crypto Is ‘Nothing But Gambling’ To India’s Central Bank Governor
Reserve Bank of India Governor Shaktikanta Das has no love for crypto. In fact, he wants to get rid of it through an outright ban, saying that these “are nothing but gambling. ” Das said in his speech at a conference on Friday that RBI’s stance on cryptocurrency remains unchanged. дальше »
2023-1-15 13:14 | |
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Goldman Sachs Retrenches 3,000+ Workers, Launches Digital Asset Platform Amidst Bear Run
US Bank, Goldman Sachs, has announced plans to lay off 3,200 workers, starting this week. Falling 2% short of its intended cut-back, close to 629 workers will heave a sigh of relief as they continue to keep their jobs alongside the rest 45,300 workers who make up the bank’s total workforce. The bank, disclosed the […] дальше »
2023-1-13 21:47 | |
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Wyre Payments Becomes Latest To Limit Withdrawals Due To Crypto Winter
Amidst the crypto winter casualties continuing, the California-based crypto payment channel Wyre disclosed limits on withdrawals for all users. The payment company joins others that previously restricted withdrawals or laid off their workforces to survive in a bear time. дальше »
2023-1-10 23:00 | |
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FTX Declines Disclosure to Sell LedgerX and Other Businesses
As the FTX investigation is still ongoing, several unexpected incidents have been discovered. In today’s news, Andrew Vara, the US bankruptcy trustee in FTX’s case, disclosed that the beleaguered exchange has refused to provide financial details regarding the businesses it intends to sell. дальше »
2023-1-10 19:20 | |
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How Uniswap Was Saved From Critical Vulnerability By This Security Firm
Security firm Dedaub discovered and disclosed a critical vulnerability on the popular Ethereum decentralized exchange Uniswap. The team behind the protocol fixed the bug, and the affected components were successfully redeployed—otherwise, an attacker could have tempered with transactions to steal a user’s funds. дальше »
2023-1-4 03:00 | |
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Stronghold Digital Mining Files With SEC to Raise $18 Million From Debt
Stronghold Digital Mining disclosed its intent to extinguish $17.9 million of principal debt by converting Notes to equity. The post Stronghold Digital Mining Files With SEC to Raise $18 Million From Debt appeared first on BeInCrypto. дальше »
2023-1-4 00:35 | |
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Dogecoin Has No Plans to Migrate to PoS; Foundation Creates Development Fund
Dogecoin's core developer Michi Lumin disclosed that there are no definite plans to move to Proof of Stake for the meme coin. The post Dogecoin Has No Plans to Migrate to PoS; Foundation Creates Development Fund appeared first on BeInCrypto. дальше »
2022-12-31 17:39 | |
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Crypto Community Fears Centralization As MicroStrategy’s Bitcoin Holdings Hit 132,500 BTC
A trove of mixed feelings trailed the crypto community as one of its foremost Bitcoin evangelists, Michael Saylor, announced an additional purchase of 2,500 BTCs. In a tweet yesterday afternoon, Saylor disclosed that his company had gone Bitcoin shopping over the last seven weeks at a price of approximately $16,500 per BTC, bringing the company’s […] дальше »
2022-12-30 22:31 | |
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SushiSwap Head Chef discloses $5.2M budget for DAO operation in 2023
SushiSwap Head Chef Jared Grey has disclosed that the DAO will spend about $5. 2 million for its operating costs in 2023, with over 80% of the budget going to salaries. The post SushiSwap Head Chef discloses $5. дальше »
2022-12-15 20:01 | |
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Tiantian Kullander unexpectedly passed away at 30
Tiantian Kullander, the co-founder of Hong Kong based Amber Group, has unexpectedly died on November 23. Even though no further information on the untimely passing has been disclosed, the news has left many in mourning. Tiantian Kullander was featured on… дальше »
2022-12-3 19:01 | |
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BlockFi Has $10 Billion in Assets and Liabilities and 100,000 Creditors: Bankruptcy Filing
Cryptocurrency lender BlockFi and its eight affiliates have disclosed assets and liabilities worth $10 billion and 100,000 creditors in a Chapter 11 bankruptcy protection filed Monday in the United States Bankruptcy Court for the District of New Jersey. дальше »
2022-11-30 23:50 | |
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LBRY said Apple restricted use of certain phrases during the COVID pandemic
Cryptocurrency firm LBRY, in a recent statement, disclosed claims of being forced into restricting several phrases by apple amid the Covid-19 crisis. This response comes after musk also made remarks earlier on Apple. дальше »
2022-11-29 14:15 | |
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