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Tron’s USDD Regains Stability After Tapping an All-Time Low at $0.92
5.7.2022
Between June 13 and June 27, or roughly two weeks, Tron’s stablecoin USDD dropped lower than the $1 parity and slipped to a low of $0.928 per unit on June 19. During the past seven days, USDD has managed to jump back to the $0.98 to $0.99 region while reaching $1 on July 3. Tron’s...
Circle's USDC on track to topple Tether USDT as the top stablecoin in 2022
5.7.2022
The USDT-to-USDC market cap ratio fell to its lowest ever in July 2022
Circle Denies USDC Trouble Rumors, Tether Supply Still Elevated on Curve
4.7.2022
Circle, the US-based payments company that issues the stablecoin USD coin (USDC), has denied that it is facing any sort of difficulty in maintaining the coin’s US dollar peg. Meanwhile, the supply of tether (USDT) coins on one of the most used stablecoin liquidity pools remains elevated....
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Circle Partners With New York Community Bancorp — Bank to Custody USDC Reserves
29.6.2022
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 company’s stablecoin reserves. Circle...
Crypto Derivatives Exchange Bybit to Settle Options Contracts in USDC
29.6.2022
The derivatives leader announced in a press release that it will be settling its options trading market in the second-largest stablecoin by market cap
CoinFLEX CEO Says Roger Ver Owes Them USDC 47M, Ver Denies the Claim
29.6.2022
Mark Lamb, CEO of crypto derivatives exchange and yield platform CoinFLEX, has revealed that the "high integrity" individual whose account went into negative equity during recent market volatility is the Bitcoin Cash (BCH) proponent Roger Ver.
The revelation came after Ver, who is also referred...
Gnox Could Make You Bear Market Profits Instead of Holding Tether, USDC Coin, & Binance USD Stablecoins
29.6.2022
Is investing in dollar-pegged passive income opportunities risky? While it wouldn’t seem so, ask that question to anyone who lost millions of dollars when UST crumbled — and then run. The sad fact is that you never know how much risk you’re taking on when it comes to crypto, and any platform could...
Roger Ver denies CoinFLEX CEO's claims he owes firm $47M USDC
29.6.2022
Not mentioning CoinFLEX by name, Roger Ver said he had not “defaulted on a debt to a counter-party,” and alleged the platform owed him “a substantial sum of money.”
CoinFLEX Says Roger Ver Owes It $47M USDC as Spat Turns Public
28.6.2022
The disagreement stems after CoinFLEX said it was launching a recovery token as a high net worth customer owed the exchange
New York Community Bank to Hold Assets Backing Circle's USDC
28.6.2022
The partnership marks the first time for a community bank to custody reserves for a stablecoin
While Bitcoin and Ethereum Dominance Slides, Stablecoin Market Caps Reap the Rewards
28.6.2022
During the past 30 days, $285 billion has left the crypto economy and bitcoin’s USD value hit a 2022 low at $17,593 per unit on June 18. Moreover, last month’s statistics show bitcoin’s market dominance was 2.9% higher and ethereum’s market dominance was 2.1% higher than...
CoinFLEX's USD 47M Recovery Token Plan Questioned by Crypto Observers
28.6.2022
Crypto derivatives exchange and yield platform CoinFLEX aims to turn the debt of a "high integrity" individual into a token called Recovery Value USD (rvUSD) in order to fund other customers' withdrawals. Not everyone is impressed with these plans.
The exchange will issue rvUSD 47m at a price...
Three Arrows Default Notice, Grayscale Bitcoin Trust Ready for ETF, Goldman Sachs Bites Coinbase + More News
27.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Three Arrows Default Notice, Grayscale Bitcoin Trust Ready for ETF, Goldman Sachs Bites Coinbase + More News
Crypto Firm Voyager Digital Secures a $500M Line of Credit From Alameda Ventures to Cope With 3AC Exposure
26.6.2022
Three days ago, Bitcoin.com News reported on the publicly listed company Voyager Digital after the crypto firm announced that it was owed $655 million worth of digital assets. Now according to a press release from Voyager, the company has secured funds from Alameda Ventures in order to get more...
Binance Launches Institutional, CoinFLEX Pauses Withdrawals, US SEC Chief on Crypto Regulation + More News
24.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Binance Launches Institutional, CoinFLEX Pauses Withdrawals, US SEC Chief on Crypto Regulation + More News
Three Arrows Capital Allegedly Owes Voyager Digital $655M — Crypto Firm Is ‘Unable to Assess’ if It Can Recover the Funds
23.6.2022
According to reports, the TSX-listed Voyager Digital is another company that has been negatively affected by financial issues tied to the crypto hedge fund Three Arrows Capital (3AC). In a letter to investors, Voyager’s management explained that 3AC potentially defaulted on a $655 million...
Solana whale moves $25M of USDC debt from Solend to Mango Markets
22.6.2022
The move reduces the utilization of USDC within the Solend platform and allows users to withdraw their assets once more
USDC’s ‘real volume’ flips Tether on Ethereum as total supply hits 55.9B
22.6.2022
At least on the Ethereum network, USDC real volume has nearly doubled that of USDT in the past 24 hours which could be another sign that the top stablecoin's dominance is coming to an end
First Mover Asia: Bitcoin Holds Steady Over $20K; USDC's ‘Flippening’ of USDT and the Continued Stablecoin Bear Market
22.6.2022
Ether and most major altcoins spent much of the day in the green; a crisis in confidence has put pressure on the USDT peg
USDD Continues to Trade for Under $1 — Tron DAO Reserve Insists Stablecoin Has Not Depegged
21.6.2022
Since June 12, 2022, the Tron-based stablecoin USDD has remained below a U.S. dollar in value. On Monday, USDD had a 24-hour trading range of around $0.943 to $0.966 per unit and the day prior on June 19, USDD saw an all-time low at $0.928 per unit. Despite being below the U.S. dollar parity,...