Bitcoin News / Bitcoin.com - 3 years ago
On Wednesday, the stablecoin project Trueusd announced that it is leveraging Chainlink Proof of Reserve (POR) technology to provide real-time verification for the minting of trueusd tokens. The trueusd crypto asset has a circulating supply of over 96...
Cryptocoins News / The Cointelegraph β - 3 years ago
The vote was passed to fully collateralize Frax Financeβs native stablecoin, phasing out its algorithmic backing. The community of decentralized finance stablecoin pro...
Cryptocoins News / The Cointelegraph β - 3 years ago
The Canadian Securities Administrators has tightened registration requirements for crypto exchanges for the second time, after the disorder seen in 2022. The Canadian...
Bitcoin News / Bitcoin.com - 3 years ago
According to Agustin Carstens, the head of the Bank for International Settlements (BIS), cryptocurrencies have lost the “battle” against fiat currencies issued by the world’s central banks. While speaking at the Monetary Authority o...
Cryptocoins News / CoinJournal - 3 years ago
TrueUSD will use Chainlink Proof of Reserve (PoR) in minting the TUSD stablecoin.
It is the first stablecoin to use Chainlink PoR in controlling the minting process.
The PoR will check the balance between the total supply of TUSD and US dollars held...
Cryptocoins News / Blockchain - 3 years ago
Paxos CEO Charles Cascarilla said the business was "engaged in productive negotiations" with the SEC and will continue to communicate privately. (Read More)
Cryptocoins Exchanges / Binance - 3 years ago
BUSD 6% --> 2% USDT 5.5% --> 1.5% Anybody else?? submitted by /u/d3mon1733 [link] [comments]
by COINS NEWS - 3 years ago
It is no secret that a large amount of money that is tied into Crypto is mostly put in Stablecoins, especially during bear markets this trend accelerates as many think that it is just safer to temporarily put their money on the side as Crypto p...
Bitcoin News / Bitcoinist - 3 years ago
The crypto space is witnessing many lawsuits regarding losses of investors’ funds on different platforms. Most cases are related to the misuse and diversion of customers’ funds and the false promotion of crypto tokens to gain investorsβ t...
Cryptocoins News / Blockchain - 3 years ago
Stablegains, a DeFi yield platform that closed in May, is being sued in California. (Read More)
Cryptocoins News / The Cointelegraph β - 3 years ago
The United States Securities and Exchange Commission (SEC) ordered Paxos Trust to stop issuing Binance USD. That could affect the whole stablecoins ecosystem. New wee...
Cryptocoins News / The Cointelegraph β - 3 years ago
The BIS-affiliated advisory body will release its final recommendations on global crypto asset regulation and supervision in July. Financial Stability Board (FSB) cha...
by COINS NEWS - 3 years ago
So Iβm determined not to make the same mistake I made in the last bull market and not take profits. I held all my coins like they were my children and never let any of them go. Not this time! Iβm abandoning those bastards left and right. My plan is t...
Cryptocoins News / The Cointelegraph β - 3 years ago
The now-shuttered stablecoin yield platform is being sued for customer losses after allegedly funneling customer funds into Anchor Protocol without usersβ knowledge or consent....
Bitcoin News / Bitcoin.com - 3 years ago
Six days ago, a few hours before the blockchain infrastructure platform Paxos announced it would no longer mint BUSD stablecoins, $2.86 billion worth of BUSD were redeemed. Currently, Binance is the most active exchange trading BUSD tokens, and the s...
Cryptocoins Exchanges / Binance - 3 years ago
What three to 5 crypto's would you employ (wrap) to type the subsequent secure coin? What does this basket of currencies appear to be? Can it's multichain? What does your excellent multi-chain stablecoin appear to be? For me I'd wrap $1 of ev...
Bitcoin News / Bitcoin.com - 3 years ago
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned that investing in a well-diversified portfolio of stocks, bonds, mutual funds, and exchange-traded funds (ETFs) is “very risky” advice. Ki...