Bitcoin News / Google News Bitcoin - 1 year ago
Hoseki Announces Donation to Bitcoin Policy Institute for Transparency and Proof of Reserves Research& & Benzinga
Bitcoin News / Bitcoin.com - 1 year ago
The Kenyan central bank governor Patrick Njoroge has described as “craziness” the calls to convert Kenya’s reserves into bitcoin. He added that he would have to be out of his mind before agreeing to this. Njoroge argued t...
Bitcoin News / Google News Bitcoin - 1 year ago
Kenyan Central Bank Says It's 'Craziness' to Convert Country's Reserves to Bitcoin – Africa Bitcoin News& & Bitcoin News
Bitcoin News / Google News Bitcoin - 1 year ago
Kenya's central bank governor admits pressure to convert country's reserves into Bitcoin& & Finbold - Finance in Bold
by COINS NEWS - 1 year ago
Patrick Njoroge, said through a now-viral tweet that he should be put in a maximum security prison if he ever poured his country's reserves into bitcoin. He is a Kenyan economist, banker and the ninth governor of the Central Bank of Kenya. I can...
Bitcoin News / Bitcoin.com - 1 year ago
One of South Africa’s largest financial services groups, Old Mutual, has reportedly been appointed manager of the ZARP stablecoin project’s cash reserves. Founders of the stablecoin are hopeful that the appointment of one of the country...
Bitcoin News / Bitcoinist - 1 year ago
If you’re borrowing against your Bored Apes, you may want to keep your eyes peeled. Liquidity on major NFT lending platform BendDAO has been under a major stress test over the past 24 hours, as ETH levels appear to be under strain. At time of p...
Cryptocoins News / NewsBTC - 1 year ago
Following the collapse of Terra and its ecosystem, there is a considerable reduction of confidence in stablecoins, especially Tether. Most participants in the crypto space have increased doubts about the level of stability with stablecoins. While man...
Cryptocoins News / CryptoNinjas - 1 year ago
Kraken, the popular crypto exchange, has announced the results of its second 2022 Proof of Reserves audit, which has now been expanded beyond *BTC, and ETH* to include USDT, USDC, XRP, ADA*, and DOT.
*Indicates Proof of Reserves audit covered assets...
More / Etherum Reddit - 1 year ago
Tether said the reserves backing its $66 billion stablecoin do not contain any Chinese commercial paper, likely marking the first time that the issuer of the world’s most used cryptocurrency explicitly stated it doesn’t hold the controversial assets...
Bitcoin News / Bitcoinist - 1 year ago
The entire crypto space felt a negative impact from the failure of the algorithmic stablecoin UST and Terra’s native token, LUNA. Other top stablecoin projects like Tether’s USDT and Circle’s (USDC) have received more pressure from different angles....
by COINS NEWS - 1 year ago
tldr; Circle released a report proving that its stablecoin USDC is fully backed by physical dollars and 3-month U.S. Treasuries. The company's total reserves are $55.7 billion, divided into two parts; one of $42.122 billion in Treasury bonds and the...
Cryptocoins News / The Cointelegraph - 1 year ago
There is an old Arabic proverb: “The dogs bark, but the caravan moves on.” It could summarize the journey to date of Tether (USDT), the world’s largest stablecoin.
Tether has been embroiled in legal and financial wrangling through much of its short...
Bitcoin News / Google News Bitcoin - 1 year ago
Even as Bitcoin price continues to hover around $22,000 mark, miners appear to be hopeful of a quick turnaround in fortunes. In the last seven days, Bitcoin price grew from $367 billion on July 1 to $414 billion now. Meanwhile, there are some inter...
by COINS NEWS - 1 year ago
tldr; Gate.io has announced that it will conduct another proof-of-reserves audit to provide user verifiable reserves data through a Merkle tree implementation audited by a leading third-party firm. Users will be provided with a method to verify thei...
Cryptocoins News / NewsBTC - 1 year ago
On-chain data shows the USD Coin exchange reserves have gone up recently, suggesting that investors may be exiting volatile markets like Bitcoin.
USD Coin All Exchanges Reserve Has Been Climbing Up Recently
As pointed out by an analyst in a CryptoQu...
Bitcoin News / Bitcoin.com - 1 year ago
Circle Internet Financial has revealed a usd coin custody partnership with the American bank holding company New York Community Bancorp (NYCB). Under the agreement, NYCB’s subsidiary, New York Community Bank, will become a custodian for the co...
by COINS NEWS - 1 year ago
Tether's market cap has fallen from $82bn on 31 Mar 2022 to $67bn on 22 Jun 2022. It decreased by $15bn in close to 3 months (falling on average by $5bn per month). Assuming this rate of decline doesn't decrease, by the end of the year, we co...
Cryptocoins News / The Cointelegraph - 1 year ago
The ongoing crisis of Celsius’s native token has nothing to do with the stablecoin provider Tether and will not impact its USDT reserves, according to the company.Tether issued a statement on Monday regarding the major cryptocurrency lending platform...