Tether has released a new assurance from BDO Italia, as required by its settlement with the New York Attorney General (NYAG), revealing an increase in Tether ‘Shareholder Capital Cushion’ to over $960...
Tag: Cushion
Near Foundation launches a $40M fund to cushion USN stablecoin investors
Join Our Telegram channel to stay up to date on breaking news coverage After the USN stablecoin was undercollateralized, the Near Foundation proposed winding down the in-house stablecoin to ensure tha...
US senator bill seeks to cushion crypto exchanges from SEC enforcement actions
United States Senator Bill Hagerty, a member of the Senate Banking Committee, introduced legislation seeking a safe harbor for cryptocurrency exchanges from “certain” Securities and Exchange Commissio...
European Stock Market Slumps as Bank of England’s Capital Cushion Fades
The overselling that is currently being seen in European stock may be extended, according to Wells Fargo’s Chris Harvey. The European stock market is on the downtrend as key market boosts like that fr...
Crypto Exchange Zipmex Suspends Withdrawals To Cushion Market Volatility
Thai cryptocurrency exchange Zipmex has suspended withdrawals on its platform, with the exchange citing a “combination of circumstances beyond its control” as the reason for the decision. Coinbase’s P...
This support zone will help cushion Tezos’s fall in its recovery phase
Since its ATH last year, Tezos (XTZ) plunged in a down-channel (yellow) over the past five months. During this phase, The 50 EMA (cyan) offered strong resistance. With the recently increased buying pr...