Tag Archives: Stablecoin

18May/19

Circle Releases Another Attestation Report on Stablecoin USDC’s USD Reserves

Goldman Sachs-backed crypto finance startup Circle has published the latest third-party audit of its USD-pegged stablecoin, USD Coin (USDC). The company reported the update in a blog post published on May 17. USD Coin is anRead More…

Share this:
17May/19

European Central Bank: Crypto Does Not Have Tangible Impact on Real Economy

The European Central Bank (ECB) stated that cryptocurrencies do not have implications on monetary policy or factor into the real economy in a May report. In the report dubbed “Crypto-Assets: Implications forRead More…

Share this:
06May/19

New York Prosecutors Demand Transparency From Bitfinex and Tether

The crypto community has been laser focused on the current dilemma between Bitfinex exchange and New York prosecutors over the alleged loss of $850 million of co-mingled customer and corporate funds. AfterRead More…

Share this:
06May/19

MIT Professor Christian Catalini Is Working on Facebook Coin: Report

Massachusetts Institute of Technology professor Christian Catalini is on leave and working on the development of Facebook coin, cryptocurrency news Coindesk reported on May 3. Per the report, two anonymous sources withRead More…

Share this:
01May/19

Crypto Community Monitors Bitfinex Wallets and the Strange 6% BTC Premium

Whether cryptocurrency enthusiasts believe the stablecoin controversy is worrisome or mere FUD, the news surrounding the $850 million of Bitfinex funds locked up has shaken the markets. Now, digital asset traders areRead More…

Share this:
26Apr/19

Bitfinex Allegedly Covers $850 Million Loss With Tether Funds

The New York Attorney General’s office has alleged that crypto exchange Bitfinex lost $850 million and subsequently used funds from affiliated stablecoin operator Tether to secretly cover the shortfall, according to anRead More…

Share this: