$3.3B in USDC reserve deposits held at the failed SVB will be fully recovered when banks reopen in the U.S Circle also announced new partnership with the Cross River Bank Popular stablecoin issuer Cir...
Tag: Fully
Frax’s shift to a fully backed stablecoin signals the end of DeFi’s algorithmic experiment
The Frax community recently approved a proposal to make its FEI stablecoin fully backed by USD equivalents, rather than maintaining a partially backed and semi algorithmic stablecoin. With Frax’s deci...
Frax Finance has voted to fully collateralizing
The community behind the decentralized financial stablecoin protocol Frax Finance has agreed to completely collateralize its native stablecoin Frax (FRAX), putting an end to the network’s previo...
Binance Will Fully Compensate Your Future Trading Losses If You Fall Under This Category
Arman Shirinyan Biggest exchange in world is ready to compensate, but not everyone is eligible Binance has announced that it will fully compensate for the losses of traders who had their positions acc...
VeChain Launches VeWorld, A Fully Decentralized Self-Custody Wallet
The newly-launched decentralized wallet is teased as the “gateway to the world of VeChain.” VeChain, an enterprise-focused blockchain platform, has launched its native self-custody wallet dubbed “VeWo...
Hong Kong Aims to Become a Fully Regulated Crypto Hub
Bitcoin and crypto markets are surging today, bolstered by positive news that Hong Kong will be opening the doors to welcome digital assets and investors. Hong Kong has ambitious plans to become an As...
The First Fully On-Chain Order Book on Ethereum Transforming the DEX Space
Advertisement     In order to avoid the risks of slippage and impermanent loss connected with automated market maker (AMM) trading, the decentralized finance (DeFi) co...
USD Coin is fully collateralized
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...
France Gives Crypto Firms Extra Time to Become Fully Registered
France’s lower house approved an amendment allowing cryptocurrency firms to continue operation until the advent of the EU’s MiCA legislation. France’s National Assembly has passed an amendment providi...
New U.S. Battery Entrant Targets Fully Domestic Supply Chains
BOMBAY BEACH, CALIFORNIA – FEBRUARY 26, 2019: A woman walks along the shore of the Salton Sea in … [+] Southern California. The shallow saline lake was formed accidentally in 1905 followin...
El Salvador “Bitcoin bet:” country fully pays $800M bond plus interest
El Salvador president Nayib Bukele in a tweet thread has confirmed that the country has fully paid its $800 million Eurobond repayment due in January 2023. This is a major achievement for the country,...
Two Years Into A Six-Year Contract, The New York Yankees Hope For A Fully Healthy DJ LeMahieu
New York Yankees’ DJ LeMahieu bats during a baseball game against the Baltimore Orioles, Thursday, … [+] April 4, 2019, in Baltimore. The Yankees won 8-4.(AP Photo/Nick Wass) Copyright 201...
Markets fully price in quarter-point interest rate hike in February as inflation slows
The Marriner S. Eccles Federal Reserve Board Building in Washington, D.C. Sarah Silbiger | Reuters Markets are nearly certain the Federal Reserve next month will take another step down in the pace of ...
Milwaukee Bucks Are Fully Embracing Three-Point Line In New Year
MILWAUKEE, WISCONSIN – JANUARY 17: Brook Lopez #11 of the Milwaukee Bucks reacts to a three point … [+] shot during the second half of a game against the Toronto Raptors at Fiserv Forum on...
Binance Now Fully Compliant in Poland
The world’s largest cryptocurrency exchange – Binance – announced its services in Poland are now fully compliant with domestic regulatory standards for virtual asset service providers (VASPs). Polish...
Bitcoin Price Fully Recovers From FTX Crash: Market Watch
It has taken bitcoin just a little over two months to recover from the damages done by the collapse of SBF’s former crypto empire, as the asset skyrocketed to over $21,000 earlier today. Most alternat...
Binance’s Stablecoin Hasn’t Alway Been Fully Backed, Report Says
Alex Dovbnya Binance has struggled to make sure that its stablecoin remains fully backed on several occasions, according to a new Bloomberg report According to a recent Bloomberg report, Binance, the ...
A Binance Stablecoin Wasn’t Always Fully Backed: Bloomberg
The resiliency of stablecoins and whether they’re backed by a reliable pile of money is a contentious one in the cryptocurrency industry. Stablecoins are meant to closely track the value of some...
Binance pushes back against report BUSD-peg stablecoin isn’t fully backed
Major crypto exchange Binance initially pushed back against a Bloomberg report that its Binance-Peg BUSD stablecoin “doesn’t always appear to have been completely backed by BUSD”. In a Jan. 10 blog p...
Wafini NFT Marketplace Launches Fully Functional Demo
Wafini team has announced the release of the demo of the first DAO-powered NFT marketplace on Cardano. According to the team, the Wafini NFT Marketplace Demo would lay the necessary foundation for all...
Wafini, A Cardano Based DAO Powered NFT Marketplace Launches Fully Functional Demo
Place/Date: – December 19th, 2022 at 4:06 pm UTC · 2 min read Source: Wafini Wafini team has announced the release of the demo of the first DAO Powered NFT Marketplace on Cardano. View Demo Here...
Wafini: Cardano-based DAO powered NFT marketplace launches fully functional demo
Wafini team has announced the release of the demo of the first DAO Powered NFT Marketplace on Cardano. Join Wafini Seed Sale https://sale.wafini.app/. According to the team, the Wafini NFT Marketplac...
Binance Stablecoin BUSD Isn’t Fully Regulated, Concerns Ahead
(Stablecoin) Binance-Peg BUSD is a Binance product but is not issued by Paxos nor regulated by the New York State Department of Financial Services. Only ERC20 BUSD is issued by Paxos and regulated in ...
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 (...
Crypto.com Releases Proof-of-Reserves Data Showing Client Assets Are Fully Backed
However, the report is not an official audit, but a “matching exercise based on information provided by the client about on-chain addresses of assets and a client database of customer balances,&...
CryptoCom Releases Fully Audited Proof of Reserves, With XRP Reserve Ratios of 101% and SHIB 102%
– Advertisement – The recent proof of reserves from Crypto.com is meant to assure clients that their assets on the exchange are backed at a 1:1 ratio. Crypto.com, a leading Singapore-bas...
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...
Independent Audit Confirms Binance’s Bitcoin Is More Than Fully Backed
Mazars, an international audit, tax and advisory firm, confirmed on Wednesday that Binance holds more than all of the Bitcoin it needs to cover customer deposits. “At the time of assessment, Mazars o...
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...
Algorithm Known for Outpacing Crypto Markets Goes Fully Risk On, Favoring Ethereum, Polygon and One ETH Rival
A trading robot with a reputation for outperforming the digital asset markets is sharing its newest portfolio allocations amid the ongoing bear market. Every week, the Real Vision Bot conducts surveys...
Crypto Fan Elon Musk Now Fully Controls Twitter
Crypto bull Elon Musk now officially owns Twitter. As one of the largest and most powerful social media platforms in the world, the deal cost approximately $44 billion, which is probably a drop in the...