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Nalezeno "us stablecoin": 3835

Binance, OKX and Bybit suspend USDT and USDC deposits on Solana

17.11.2022
The Solana cryptocurrency continues crashing amid the FTX crisis, plummeting 7% on the news of exchanges halting deposits in Solana-based stablecoins

JPMorgan: The Shrinking Stablecoin Market Is Another Sign of Investors’ Exodus From Crypto

17.11.2022
It’s difficult to see a sustained recovery in crypto prices without stablecoin outflows stopping, the report said

Nigerian Web3 Startup Says Funds Are Stuck With FTX, Lays Off Employees

17.11.2022
Nestcoin, a Nigerian Web3 startup which got an investment from Alameda Research in 2021, revealed on Nov. 14 that it had “a significant proportion of stablecoin investment” stuck at FTX. According to the startup’s CEO, laying off some employees allows the company to focus...

Tether says it has no exposure to Genesis Global or Gemini Earn

16.11.2022
The stablecoin operator said the reliability of its reserves is important to highlight “at a time like this.” Tether has historically had issues with transparency

US Sen. Gillibrand Says a Last-Ditch Stablecoin Bill May Still Emerge This Year

16.11.2022
Sen. Kirsten Gillibrand (D-N.Y.) said the latest effort on a stablecoin regulatory bill is coming soon, and she hopes it can get some attention before Congress transitions into its new session next year

Terra Labs, Luna Guard commission audit to defend against allegations of misusing funds

16.11.2022
The audit tracked efforts to defend the UST peg May 8-12 and no found wrongdoing. LFG used the data to draw conclusions about frozen funds

Circle marks a possible $3B loss from Binance stablecoin conversions

16.11.2022
Circle attributed its miscalculated financial projections to Binance implementing USDC to BUSD auto-conversions and the recent collapse of FTX

Crypto stablecoin issuer Circle adds Apple Pay support

16.11.2022
The stablecoin issuer said Apple Pay support allows traditional businesses to experience the benefits of crypto settlement while allowing crypto businesses to engage with non-crypto-using customers

USDC Stablecoin Issuer Circle Says Businesses Can Accept Apple Pay

15.11.2022
The addition will help crypto businesses by making it easier to take payments, the company said

Huobi Becomes Latest Crypto Exchange to Disclose Proof-of-Reserves

15.11.2022
Huobi, the Seychelles-based crypto exchange, recently became the latest digital asset exchange platform to reveal the number as well as the value of its digital assets held in reserves. Huobi has said disclosing the assets held in reserves helps to boost users’ confidence in the exchange...

Kevin O’Leary: FTX Collapse Is a Turning Point for the Industry — ‘Crypto Bottom Is In’

15.11.2022
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has investments in FTX. Following the collapse of the crypto exchange, he said it’s a turning point for the industry, emphasizing that the “crypto bottom is in.” He is now pushing for crypto regulation. “What I’m...

FTX collapse followed by an uptick in stablecoin inflows and DEX activity

14.11.2022
Investors piled into stablecoins following FTX’s collapse and an uptick in DEX activity suggests a rising interest in self-custody options

South Korean Stablecoin Fraudster Aged-60+ Jailed for Six Years

14.11.2022
Crypto fraud continues to escalate in South Korea – where a scammer aged over 60 has been given a six-year jail term for duping victims into investing in a sham stablecoin. Segye Ilbo reported that an unnamed individual in their sixties – named for legal reasons as A – was imprisoned on charges...

$46.5 Million USDT Owned by FTX Frozen by Tether at Request of Law Enforcement

11.11.2022
Major stablecoin issuer Tether froze $46.5 million of USDT held by the collapsing crypto exchange FTX, reportedly at the request of law enforcement. Specifically, this is the USDT held on the Tron blockchain in a wallet belonging to FTX, according to block explorer Tronscan. This wallet contains...

Tether CTO confirms no plans to rescue FTX

11.11.2022
FTX won’t be getting a bailout from Tether who confirmed it isn’t planning to provide a cash injection despite the CEO reportedly reaching out to multiple firms for help

82% of Tether reserves held in ‘extremely liquid’ assets, according to attestation

10.11.2022
The USDT issuer had total assets of $68.06 billion at the end of the third quarter, exceeding its total liabilities of $67.8 billion

Shaky USDT Price Stirs Speculation Tied to Alameda Reserves, Tether Freezes 46 Million Tokens

10.11.2022
Amid the market fluctuations on Thursday, data shows the stablecoin tether temporarily tapped a low of $0.961 per unit. Tether’s market fluctuations have affected the decentralized finance (defi) protocol Curve’s 3pool, as the stablecoin pool has become unbalanced Thursday morning....