The report on USD Coin (USDC) reserves for the end of 2022 has been published. The report was prepared by the specialized firm Grant Thornton and was published on the official website of Circle, whic...
Tag: Collateralized
Golteum will launch the world’s first collateralized NFT
SPONSORED POST* Golteum is about to launch its Fractional NFT marketplace. This is a marketplace where NFTs collateralized 100% in physical gold will be sold. Golteum (GLTM): the new NFT business mod...
CryptoCom Releases Proof of Reserves Showing Users’ Assets Are Fully Collateralized
Digital asset services provider CryptoCom has released its audited proof of reserves (PoR) data showing a fully backed balance sheet. The PoR is part of an ongoing effort among centralized exchanges (...
Audited And Fully Collateralized: Here’s Why Binance Remains The Best Bet
The fall of FTX saw crypto exchanges like Binance being put under the microscope in recent months. However, the crypto exchange has taken the criticism in stride and in turn, has been able to set even...
Mazars says users’ BTC reserves on Binance are fully collateralized
South African auditor Mazars confirmed on Dec. 7 that cryptocurrency exchange Binance possessed control over 575,742.42 Bitcoin (BTC) of its customers, worth $9.7 billion at the time of publication. M...
Top Auditing Firm Finds Binance’s Bitcoin (BTC) Reserves Collateralized by More Than 100%
Crypto exchange giant Binance has enough reserves to back its users’ Bitcoin (BTC), according to global auditing firm Mazars. The auditing report comes after Binance announced a commitment to increasi...
Binance’s bitcoin reserves are collateralized 101% according to Mazars audit
Global auditor Mazars today concluded that crypto exchange Binance’s bitcoin reserves are fully collateralized, following a proof-of-reserves and proof-of-liabilities verification. The col...
ByBit Gives Clients More Ways to Gain With Collateralized Crypto Loans
ByBit is bringing another great feature to its clients in the form of crypto loans in their Bybit Earn product. It is getting easier to make crypto assets liquid without selling them, and in that fiel...
Short Video Company Coub Launches World’s First Collateralized NFTs
What’s the value of an NFT? It’s a question that’s kept crypto heads speculating and outsiders watching, askance, at the eye-watering sums occasionally fetched for “jpegs,” as their collectors jokingl...
Nexo Extends Offer to Purchase Celsius Collateralized Loan
Only time will tell whether this offer to help will be accepted as it expires on the 20th of June. Cryptocurrency lender Nexo AG has extended an offer to lend a hand of help to Celcius, one of its top...
Babel Finance Used Collateralized eNote on FQX’s Solana DApp via Fireblocks
May 19, 2022 – Zurich, Switzerland Babel Finance, a leading global crypto financial services provider, announced today that it has successfully issued the first collateralized USDC note via eNotes™, a...
Coinbase Collateralized Bitcoin for the First BTC-Backed Loan by Goldman Sachs
Wall Street banking giant Goldman Sachs announced that its first-ever Bitcoin-backed loan was lent to Coinbase. However, neither of the two has disclosed the amount and other details regarding the dea...
Banking Giant Goldman Sachs Launching Its First-Ever Loan Collateralized by Bitcoin (BTC)
Banking and financial services titan Goldman Sachs is making its first-ever loan grant to a borrower fully backed by leading digital asset by market cap Bitcoin (BTC). According to a recent report, a ...
Hashstack´s Open Protocol Finally Brings Under Collateralized Loans To DeFi, Testnet Is Live Now
When people think of lending, it often involves a specific amount of funds to be used as collateral. For some reason, that amount is often far more considerable than the actual loan in decentralized f...