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Binance, Sequoia still backing Elon Musk's bid for Twitter
11.10.2022
The Twitter deal is back on this month, and Binance confirmed to Cointelegraph that it intends to support the deal as part of its push for Web3 adoption
Bitcoin’s Total Network Hashrate Hits an All-Time High at 321 Exahash per Second
5.10.2022
According to statistics on October 5, the total computational power backing the Bitcoin network tapped a fresh all-time high reaching 321.15 exahash per second (EH/s). Just after the record high, the network’s total hashrate was coasting along above the 300 EH/s on Wednesday afternoon (ET)...
Tether says new court order to produce USDT reserve backing is a 'routine discovery matter'
21.9.2022
The issue deals with a lawsuit that has been ongoing since October 2019
New York Judge orders Tether to document USDT backing
21.9.2022
The court accepted the Plaintiffs’ requests to provide "undoubtedly important" documents in the alleged fraud case
Stablecoin Issuer Tether Ordered to Produce Documents Showing Backing of USDT
21.9.2022
The order relates to an ongoing lawsuit that alleges that unbacked USDT issuances have caused $1.4 trillion in damage to the market
Financial Heavyweights Citadel, Charles Schwab, Fidelity Confirm Cryptocurrency Exchange Launch
13.9.2022
A number of financial giants including Fidelity Investments, Citadel Securities, and Charles Schwab Corp. announced on Tuesday that the consortium of companies plans to launch a cryptocurrency exchange called EDX Markets. Reports note that firms like Paradigm, Sequoia Capital, and Virtu Financial...
Brian Armstrong's Finest Hour: Backing Tornado Cash Suit Against Treasury
9.9.2022
Crypto Developer Platform Thirdweb Gets Katie Haun's Backing at $160M Valuation
25.8.2022
Other investors in the $24 million Series A round included Coinbase Ventures and Shopify
Canadian Bank Regulator Details Crypto Liquidity, Backing Rules
19.8.2022
Canada joins U.S., European central banks in explaining how their supervised entities can engage with crypto
Tether Swaps Accounting Firms, Says It Will Publish Monthly Attestation on Stablecoin Backing
18.8.2022
Stablecoin issuer Tether Holdings has tapped BDO Italia, the Italian branch of accounting firm Binder Dijker Otte, to provide attestation reports
EU Parliament’s Rapporteur on MiCA Crypto Law Stefan Berger Sells Pair of Slides as NFT
15.8.2022
“Freedom in a wallet” is how Member of European Parliament Stefan Berger describes the non-fungible token (NFT) he is now selling on Opensea. The NFT represents a pair of ‘Bergoletten’ slides. Shoes symbolize the first step in every development, says Berger who invested...
Central Bank of Honduras Warns About the Dangers of Using Cryptocurrency
1.8.2022
The Central Bank of Honduras has published a release that seeks to clarify the stance the institution takes about the use of cryptocurrencies in the country. The organization states that even with the popularity such instruments have attained in other countries, cryptocurrencies have no backing...
Crypto Fund Variant Commits $450M to Backing Web3, DeFi Projects
28.7.2022
A $150 million seed fund will focus on Web3 founders and a $300 million opportunities found will double-down on portfolio projects
Bitcoin advocate criticized for backing wallet authentication project
29.6.2022
After being swarmed by critics, Bitcoin advocate Nic Carter asked crypto Twitter to unfollow him if they disagree with any of his investments
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
Crypto Exchanges Backing Away from Sports Spending as Crunch Continues
21.6.2022
Crypto firms are reportedly scaling back their spending on sports-related advertising and sponsorship as winter continues to bite in the markets.
Many crypto companies – including Crypto.com and Coinbase – have responded to a sharp drop in crypto prices and trading volumes by announcing they...
Billionaire Sam Zell: I’ve Stayed Away From Bitcoin at All Costs
16.6.2022
The billionaire founder and chairman of Equity Group Investments, Sam Zell, says he is staying away from bitcoin at all costs. He explained that he does not understand the cryptocurrency and believes that a currency without the backing of a government is unlikely to work. Sam Zell Remains Skeptical...
Tether aims to decrease commercial paper backing of USDT to zero
15.6.2022
Tether expects to reduce USDT’s commercial paper backing to $8.4 billion by the end of June 2022 and eventually completely remove it
Tether Denies Claims of Asian Commercial Paper Backing, Exposure to Three Arrows Capital
15.6.2022
Stablecoin issuer Tether has denied that its commercial paper portfolio is 85% backed by Chinese or Asian commercial papers
Justin Sun's Tron Reveals More Details of USDD Backing in a Move to Distance It from UST
6.6.2022
Crypto entrepreneur Justin Sun’s blockchain Tron (TRX) has revealed details about the backing of its new algorithmic stablecoin USDD in what appears to be an effort to maintain confidence in the project following the collapse of major algorithmic stablecoin terraUSD (UST)....
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