Why LUNA has been facing a tough time despite multiple tailwinds to support it

For various reasons, Terra has had a dominating run on the headlines for the last couple of weeks. It has been stocking up Bitcoins along with AVAX for its UST reserves as well as Do Kwon’s stateThe post Why LUNA has been facing a tough time despite multiple tailwinds to support it appeared first on AMBCrypto. дальше »

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BlackRock to Manage USDc’s $50 Billion as Custodian Stablecoins Go Fractional Reserve

The world’s biggest asset manager has just become a bit bigger still, grabbing USDc’s fiat reserves to asset manage. “With the BlackRock partnership, we are expanding on our existing relationship... дальше »

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Tether to Cut Its Commercial Paper Holdings

Tether intends to further reduce the share of commercial paper in the reserves that back its USDT stablecoin дальше »

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Luna Foundation Guard Adds $100M in BTC to UST Reserves

LFG's balance now sits at $2.26 billion, 75% of which is bitcoin. дальше »

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Terra Buys Additional $100 Million Worth of Bitcoin

Terra's Luna Foundation Guard continues to increase its Bitcoin reserves, but its recent purchases have failed to move the market дальше »

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Terra Turns To AVAX Reserves To Stay Ahead Of Competitors

Terra has been making waves in the stablecoin and staking space for its features and returns. However, with the success of the network, there have been other blockchains that have sprung up with similar offerings to try to get a piece of the pie from Terra. дальше »

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Terra’s Do Kwon Reveals Huge Growth Plans With Avalanche After Buying $100M In AVAX

This OTC deal to add the said AVAX tokens to UST reserves makes AVAX the first major cryptocurrency besides bitcoin to find its way into the stablecoin’s reserve. дальше »

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Luna Foundation Guard to add $100M AVAX tokens to UST reserve

Avalanche’s native token (AVAX/USD), has received overwhelming support after it was announced that it would be added to the reserves backing the UST stablecoin. The Luna Foundation Guard (LFG) Plans to buy $100M AVAX tokens to be used for UST reserves. дальше »

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Terra buys $200M in AVAX for reserves as rival stablecoins emerge

The two main organizations behind the development of the Terra blockchain have purchased a combined $200M in AVAX, while Near Protocol is rumored to release a new stablecoin. дальше »

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Terra Backers Buy $200M in AVAX Tokens, Bolstering Crypto Reserves Beyond BTC

The Luna Foundation Guard bought $100 million in AVAX with UST stablecoins. Terraform Labs swapped an additional $100 million in LUNA for the same value in AVAX. дальше »

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UST staking goes live on Binance as Anchor reserves fall

Yields from Terra's flagship savings protocol will be available to more than 30 million users on Binance.

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US lawmakers propose a bill to bring transparency to stablecoin reserves

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. дальше »

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VanEck: Стоимость биткоина подскочит до $4,8 млн, если он станет мировой резервной валютой

Цена биткоина может достичь диапазона от $1,3 млн до $4,8 млн при условии обретения им статуса мировой резервной валюты. Такие расчеты привели аналитики VanEck. Asset manager Van Eck says the #Bitcoin price implied by global M0 and M2 is between $1,300,000 and $4,800,000 if it replaces fiat currency reserves as the next global reserve asset. […] дальше »

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BNY Mellon to become primary custodian for Circle’s USDC stablecoin reserves

Peer-to-peer payments processor Circle Internet Financial today announced that it has chosen the Bank of New York Mellon Corporation, also known as BNY Mellon, to become a primary custodian for its USD Coin (USDC) reserves. дальше »

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Yield App Passes Its ‘Proof of Reserves’ Audit, Ensuring The Security Of Digital Assets

Yield App is one of the fast-growing and most utilized digital wealth platforms. The app was recently put through the scrutiny of a “Proof of reserves” audit. The audit was carried out by Armanino LLP. дальше »

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Newly Introduced Bill Aims to Bring Transparency to the Stablecoin Marketplace

The days of murky stablecoin reserves might soon be over. дальше »

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Circle selects BNY Mellon as custodian for USDC reserves

The firm previously said its reserves would be in cash and treasuries.

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Why the rise of a Bitcoin standard could deter war-making

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. дальше »

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Yield App passes ‘proof of reserves’ audit bolstering safety of deployed digital assets

Yield App, one of the rising and most trusted digital wealth platforms, recently underwent a thorough ‘proof of reserves’ audit. The inspection was conducted by Armanino LLC, the firm responsible The post Yield App passes ‘proof of reserves’ audit bolstering safety of deployed digital assets appeared first on AMBCrypto. дальше »

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By The Numbers: Spotlight On LUNA’s Growing Bitcoin Reserves

The nonprofit organization focused on the Terra ecosystem Luna Foundation Guard (LFG) now holds almost 28,000 bitcoin, which translates to $1. 3 billion out of its $10 billion total target aimed to back TerraUSD (UST). дальше »

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IMF’s conflicting views on sanctions, dollar reserves, and the dangers of Bitcoin

In an interview with Foreign Policy, IMF’s managing directors Kristalina Georgieva and Gita Gopinath shared their views on the impact Russia’s war on Ukraine has on the financial market. дальше »

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Terra’s Bitcoin Reserves Hit $1 Billion Following Aggressive Buying On Price Dips

As of Saturday, 26th March, the network had accumulated a total of 15,390.9 BTC, bringing its total holdings to 24,954.95 BTC ($1.1 billion). дальше »

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‘We’re already buying:’ Terra founder plans to obtain $10B BTC for reserves

Kwon also bullishly emphasized that its stablecoin TerraUSD backed by $10 billion-plus in BTC reserves will “open a new monetary era of the Bitcoin standard.” дальше »

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Mysterious Bitcoin Whales Moving Billions In BTC As Exchange Reserves Hit Multi-Year Lows

Whale Alert and CryptoQuant have taken note of large BTC transactions from leading crypto exchanges to unknown wallets. дальше »

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Proof Of Reserves – The Making Of A Bitcoin Industry Standard

As we venture into the year 2022, Proof of Reserves is emerging from a niche concept into a fledgling industry standard. дальше »

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Terraform Labs donates $1.1B for Luna Foundation Guard‘s reserves

High demand for UST has led to a pool imbalance on Curve Finance, requiring intervention.

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The Russia-Ukraine War Has Greatly Impacted Crypto, New Report Reveals

As the Russo-Ukraine war rages on, crypto has remained in the forefront of the war on both sides. President Vladimir Putin’s regime has been sanctioned by the West, led by the United States and the European Union, which included denying Russia access to foreign reserves. дальше »

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Credit Suisse: Ensuing New Financial Order Will Benefit Bitcoin

The foundations of Bretton Woods II crumbled last week when the G7 seized Russia’s foreign exchange reserves, the investment bank said. дальше »

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Bipartisan bill: Lock down Russia’s gold reserves, U.S. may stop oil imports

Sanctions against the Russian Federation are hitting hard on the Russian nation and its businesses, financial- and payment systems, and citizens alike. The post Bipartisan bill: Lock down Russia’s gold reserves, U. дальше »

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Russian Sanctions May Test Crypto's Proposition

A coalition of countries including the U.S. and European Union want to freeze the Russian central bank’s international reserves and lock (some) Russian banks out of the global financial system. дальше »

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US Bitcoin miners expanding operations despite price volatility

Some BTC miners in the U.S. expect to double their capacity through 2022 while other global operations have been selling BTC to secure cash reserves. дальше »

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Tether latest reserve attestation shows slash in commercial paper

Tether, the number one Stablecoin issuer, has released its attestation for the last quarter of 2021 yesterday, and there were lots of interesting figures.   Tether slashes commercial paper holdings The USDT issuer has reduced its reserves allocation to commercial paper by over 20%. дальше »

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Dignity Corporation’s DIGau Security Token to List On BitGlobal Exchange

Dignity Corporation the United States-based digital security company that is taking a revolutionary approach to using verified gold reserves to back its security token, announced... дальше »

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LUNA may be suffering, but here's what is gaining support from it

The Terra blockchain recently infused about $450 million worth of UST into the Anchor yield reserve through the Luna Foundation Guard. This extended the reserves for the next 12 months. Now, while The post LUNA may be suffering, but here's what is gaining support from it appeared first on AMBCrypto. дальше »

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Ethereum Bearish Signal: Netflows Turn Sharply Positive

On-chain data shows the Ethereum netflows are sharply turning positive, a sign that could prove to be bearish for the crypto. Ethereum Exchange Reserve Rises As Netflows Become Positive As pointed out by an analyst in a CryptoQuant post, exchanges have observed net ETH inflows recently, swelling up their reserves. дальше »

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Bitcoin Exchange Reserves Crash to Three-Year Low: Details

Glassnode has shared data indicating that Bitcoin supply on exchanges has dropped to a three-year low дальше »

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Bitcoin Supply on Exchanges Hits Lowest in 3 Years After Series of BTC Drops

Bitcoin exchange reserves have seen a major decline last seen in December 2018 after BTC faced a series of price drops, Santiment names the reason for Friday’s BTC drop дальше »

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Top Four Accounting Firm Buys Bitcoin and ETH For Treasury Reserves

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SEC reserves judgement on Grayscale’s Bitcoin ETF application yet again

The U.S Securities and Exchange Commission (SEC) is back to its rituals when dealing with an exchange-traded fund (ETF). Although the applicants might differ, the reason remains constant. InterestinglThe post SEC reserves judgement on Grayscale’s Bitcoin ETF application yet again appeared first on AMBCrypto. дальше »

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Kraken holds 100% of its crypto deposits

Kraken, one of the biggest and most respected crypto exchanges, has integrated Proof of Reserves to prove that it holds 100% of the crypto assets deposited. A PoR is an independent, third-party conducted audit, which aims to make sure that a custodian holds the assets it claims to on behalf of its clients. дальше »

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Kraken Launches Proof of Reserves

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Customers Can Now Verify Kraken’s Bitcoin Reserves

The company recently passed an independent audit on its bitcoin holdings and has enabled a ‘Proof of Reserves’ feature to its customers. дальше »

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MicroStrategy buys the dip, adding 660 more BTC to its reserve

In its first major purchase of the year, MicroStrategy added 660 additional BTC to its reserves, which currently holds over 125,000 BTC. The post MicroStrategy buys the dip, adding 660 more BTC to its reserve appeared first on CryptoSlate. дальше »

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Bitcoin Exchange Reserves Reach New Lows as Traders Enter Hodl Mode

Bitcoin investors are now willing to sell their holdings дальше »

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Anchor protocol's reserves head toward depletion due to lack of borrowing demand

With too many depositors chasing high yields and a lack of borrowers, Anchor interest rates appear to have become unsustainable. дальше »

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De-Dollarization Drive: Russia Could Turn To Crypto For A Way Out Only Under These Conditions

Russia plans to stop all unregulated crypto activities within the country. But the CBR will accept compliant cryptocurrency investment in stablecoins that can be backed by gold reserves to compete against the US Dollar. дальше »

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Ravendex Reserves An Earth Node With World Mobile Token As They Aim To Provide Internet Access In Africa

Ravendex announced that it has collaborated with World Mobile Token to reserve an Earth Node.   The Ravendex team feels the project will help bring internet access to remote areas in Africa, and we are glad to be involved. дальше »

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Brazilian Mayor Eduardo On Why He’s Keen On Investing Part Of City’s Treasury Reserves In Bitcoin

The mayor of Rio de Janeiro intends to put 1% of the city’s Treasury reserves into cryptocurrencies. He wants to turn the second-most populous city in Brazil into a hub for cryptocurrency. Rio de Janeiro Mayor Warms To Bitcoin Speaking at a panel during the Rio Innovation week on Thursday, Rio de Janeiro mayor, Eduardo […] дальше »

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Rio De Janeiro to Buy Bitcoin

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Brazilian mayor to reportedly invest 1% of city reserves in Bitcoin

Rio de Janeiro mayor Eduardo Paes talked about Bitcoin with Miami mayor and BTC bull Francis Suarez at Rio Innovation Week.

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