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Fiat Losses From Security Incidents on BNB Smart Chain 37% Lower in Q3 of 2023 — Study
8.11.2023
The financial losses stemming from security incidents on the BNB Smart Chain in Q3 2023 were 27% lower than in Q3 2022. When compared to security incidents on other chains, rug pulls, price and reserve manipulation events on BSC accounted for “4% of the total fiat losses across all chains...
U.S. Federal Reserve's Barr Holds Line on Central Bank Needing Stablecoin Powers
7.11.2023
Vice Chairman Michael Barr argued that the Fed needs regulatory and enforcement authority over stablecoin issuers – a point of contention in the debate over legislation
India’s Central Bank Governor Warns Crypto Poses Higher Risk to Emerging Markets
6.11.2023
Reserve Bank of India (RBI) Governor Shaktikanta Das has once again warned about the threats that cryptocurrencies pose to global financial stability, particularly for emerging market economies. Speaking at the Business Standard BFSI Insight Summit 2023 in Mumbai, Das stressed the importance...
Bug in Fed’s payment system prevents bank customers from getting paid
4.11.2023
Banks stressed customer accounts “remain secure” and balances will be updated as soon as the issue is resolved
Bitcoin Magazine Clashes With Federal Reserve Over Satirical ‘Fednow’ Merchandise
3.11.2023
According to Bitcoin Magazine, a media outlet dedicated to bitcoin news launched in 2012, representatives, including legal counsel, from the U.S. Federal Reserve have expressed concerns regarding the publication’s satirical Fednow merchandise. The Fed’s representatives assert that...
Bitcoin Blasts Back Above $35,000 as Bulls Regain Control After Fed Holds Interest Rates
1.11.2023
The Bitcoin (BTC) bulls have regained control to push the price of the world’s largest cryptocurrency by market capitalization back above $35,000, following a volatile trading session packed with important macro risk events, including the latest policy announcement from the US Federal...
Top Crypto Gainers Today on Uniswap –
1.11.2023
Blue chip cryptocurrencies have been choppy on Wednesday, with the US Federal Reserve just issuing its latest monetary policy decision, in which it decided to leave interest rates unchanged at 5.25-5.5% whilst leaving the door open to further interest rates hikes, should they be required. Bitcoin...
Federal Reserve Leaves Rates Unchanged; Bitcoin Flat at $34.5K
1.11.2023
Market participants will now turn to Fed Chair Jerome Powell's post-meeting press conference to glean insight into the future path of U.S. central bank policy
Fed Seen Holding Rates Steady, but Policy Statement and Press Conference Will Be Key for Bitcoin
1.11.2023
The U.S. central bank concludes its two-day policy meeting on Wednesday afternoon
Bitcoin crash pre-halving? Stablecoin metric that marked 2019 top flashes warning
1.11.2023
Two key BTC supply metrics show conflicting signals on whether a retracement will occur before the Bitcoin halving
Tether’s Q3 Attestation Reveals $3.2 Billion Excess Reserves Backing USDT
1.11.2023
Tether, a leading stablecoin provider, reported in its Q3 2023 report that it has $3.2 billion of excess reserves backing the value of its stablecoins, including USDT. On October 31, Tether Holdings Limited published its Consolidated Reserves Report (CRR) for Q3 2023, which has been validated...
Biggest Crypto Gainers Today on DEXTools – GMAC, TIA, TRUMP
31.10.2023
Major blue-chip cryptocurrencies are consolidating within recent intra-day ranges as traders keep their powder dry ahead of Wednesday’s key US Federal Reserve policy announcement. Bitcoin (BTC) was last moving sideways in the $34,200s, around the mid-point of its recent $33,400-$35,200ish...
'I don't own Bitcoin, but I should' — legendary investor Druckenmiller
31.10.2023
Veteran investor Stanley Druckenmiller praised Bitcoin for establishing its own “brand” during an interview with hedge fund manager Paul Tudor Jones
Bitcoin, Ethereum Technical Analysis: ETH Moves Back Above $1,800, BTC Remains Near Recent Highs
30.10.2023
Ethereum once again rallied above the $1,800 level on Monday, ahead of a highly significant week of U.S. economic data. Over the next few days consumer confidence, and nonfarm payrolls will be reported, ahead of a Federal Reserve policy meeting. Bitcoin continued to trade close to the $35,000 zone....
Fed Reserve Official Michael Barr Calls for Stablecoin Regulation
28.10.2023
US regulators are finally discussing the subject of fiat-backed digital assets, popularly known as stablecoins. According to Federal Reserve Vice Chair for Supervision Michael Barr, it’s imperative that stablecoins also fall under the supervisory oversight of the government. Presenting...
Fed, BOE officials share continuing interest in CBDCs, stablecoin regulation
27.10.2023
Sir Jon Cunliffe looks at payment solutions of the past and future in his last speech as deputy governor of the BOE
Tether aims to publish real-time reserve data reports by 2024
26.10.2023
Tether, a fiat-collateralized stablecoin, is widely used for trading in the crypto market because of its convenient methods for transferring money without any volatility with other digital currencies. Recently, news has been published from Tether that they will be launching real-time reserve data...
Bitcoin, Ethereum Technical Analysis: BTC Consolidates Recent Gains, as Traders Anticipate Powell Speech
25.10.2023
Bitcoin profit takers swooped in to capture recent profits on Wednesday, as the cryptocurrency retreated below a recent high above $35,000. The decline comes ahead of Federal Reserve Chair Jerome Powell’s speech later today. Ethereum also edged lower, dropping under the $1,800 level. Bitcoin...
MicroStrategy's Bitcoin stash is back in profit with BTC price above $30K
23.10.2023
The Michael Saylor-led software firm has made $132 million in unrealized profits from its Bitcoin bet
Tether's Paolo Ardoino Reveals Plans for Real-Time Reserve Data Reporting – Will Transparency Lead to a New Bull Market?
23.10.2023
Tether Holdings, the issuer of the world's largest stablecoin Tether (USDT), has announced plans to provide real-time updates of its reserve data.
Paolo Ardoino, Tether's chief technical officer and upcoming CEO, revealed that the company intends to start publishing reserve data in real time...