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EQIFI, the DeFi in Partnership With a Global Bank Now Available on the Bloomberg Terminal
10.8.2021
PRESS RELEASE. EQIFI, a regulated and licensed decentralized platform for pooled lending, borrowing and investing Ethereum-based cryptocurrencies, stablecoins and select fiat currencies, has announced that its native token, EQX, has been enlisted on the Bloomberg Terminal under the EQX ticker...
Stablecoins Reign Among Top Coins: Why and What It Might Mean
7.8.2021
Stablecoins, stablecoins, stablecoins. The cryptoverse can’t seem to get rid of them, with their importance to the market confirmed earlier this summer, when Binance USD (BUSD) cracked the top ten of cryptoassets by market capitalization. It has been in and out of the club since and today is ranked...
EQIFI Launches Suite of Decentralized Financial Products Powered by a Global, Licensed Bank
6.8.2021
PRESS RELEASE. British Virgin Islands — 6th August, 2021 — EQIFI, a decentralized protocol for pooled lending, borrowing and investing Ethereum-based cryptocurrencies, stablecoins, and select fiat currencies, has today launched its DeFi platform, including newly introduced fixed-...
Huobi Stablecoin Issuer Publishes Attestation Reports Tied to HUSD Reserve Backing
6.8.2021
The crypto financial services company Huobi and the firm’s stablecoin issuer Stable Universal have published monthly HUSD attestation reports. The audits indicate the funds that back Huobi’s stablecoin are kept in cash in U.S. money market accounts in order to ensure the 1:1 ratio with...
Mastercard Outlines Plans for Cryptocurrencies, Stablecoins, Central Bank Digital Currencies
2.8.2021
Mastercard’s CEO has outlined the company’s plans to develop products and services around cryptocurrencies, stablecoins, and central bank digital currencies (CBDCs). “We want to be playing a role across all of them … It’s obviously a vibrant space around digital...
US Stablecoin Regulation Could Lead to Geopolitical Competition
30.7.2021
Recent regulatory developments could push stablecoins closer to the existing fiat system, unleashing competition for control over a lifeblood of the crypto industry, says our columnist
New bill proposes US Treasury to have full authority over fiat stablecoins
30.7.2021
The bill also calls for the Federal Reserve to be vested with the clear authority to issue a digital dollar
Congressman takes aim at peers who think crypto could cause a ‘financial 9/11’
30.7.2021
Characterizing his contemporaries as viewing the crypto sector as a “financial 9/11,” Congressman Ted Budd has warned lawmakers against driving blockchain innovation offshore
Algorithmic stablecoins show promise of reducing volatility — ShapeShift
29.7.2021
“Stablecoin experimentation is happening in real-time with billions of dollars at stake in this vast permissionless lab we call DeFi,” reads a new research report from ShapeShift. The author focuses on the rise of algorithmic stablecoins and their potential use cases
Solana based cross-chain exchange Saber raises $7.7M to expand team and tokens
29.7.2021
Saber has raised $7.7 million in a seeding fund round, and is rated as the second platform on Solana in terms of total locked value (TVL) with $185.77 million
Market Wrap: Bitcoin Expected to Pause Before Next Rally
28.7.2021
Analysts expect bitcoin to pause at around $40K before its next leg up
Regulators scrutinizing Tether's commercial paper reserves: Comptroller of the Currency
28.7.2021
Tether is still under regulatory pressure with eyes now cast towards its commercial paper reserves
Market Wrap: Bitcoin Stalls After Short-Squeeze Rally
27.7.2021
Technical data suggests lower support around $34,000 could stabilize the current pullback
Why Stablecoins Are Suddenly in the News
27.7.2021
From questions surrounding Tether's USDT to Circle's plan to go public, here is your guide to why everyone is suddenly talking about stablecoins
Stacks AMM Revealed, Native Bitcoin Swaps Executed With Proof-of-Transfer Protocol
27.7.2021
According to a recent report, the first trust-less swap between the Bitcoin blockchain and Stacks protocol has been executed. The co-founder of the Stacks protocol, Muneeb Ali tweeted about the native bitcoin swap and said the progress is a big deal. Trust-less Native Bitcoin Swap Executed With...
Crypto Fintech Eco Raises $60M for High-Yield USDC Savings App
27.7.2021
The a16z-backed Eco, where users’ deposits are loaned out in USDC, says it’s keeping an eye on the BlockFi case
Market Wrap: Possible Trend Reversal as Bitcoin Spikes Past $40K
26.7.2021
The strong bounce in bitcoin over the weekend occurred as shorts covered positions
Paxos Standard Presents Assets Backing Its Stablecoins
23.7.2021
Paxos, a regulated blockchain company, recently presented the basket of resources that back its stablecoins. Paxos Standard (PAX) and Binance USD (BUSD) are reportedly backed almost 100% by cash and cash equivalents. Dan Burstein, CCO of Paxos, harshly criticized Tether and Circle, issuers of other...
Future of Digital Euro ‘Not Clear Yet,’ Former Eurogroup Official Says
22.7.2021
Europe’s digital currency project has made some progress recently, with the Eurozone’s central bank moving to its next stage. Critics point, however, to the continuing lack of clarity around the design and purpose of the digital euro after a decade-long delay, if cryptocurrency is taken...
Tether promises an audit in 'months' as Paxos claims USDT is not a real stablecoin
22.7.2021
Tether’s general counsel said a full audit is coming in months