Stablecoin issuer Tether said it reduced its commercial paper holdings in the first quarter of this year to improve the quality of its reserves. Tether reported today that it had reduced its commercia...
Tag: Paper
Tether Cuts Commercial Paper Reserve by 17% for Q1 2022
Tether announced that it slashed its commercial paper holdings over the first quarter to $20 billion, plans an additional 20% reduction. Tether recently reported that it reduced its commercial paper h...
Tether Cuts 17% Of Its Commercial Paper Holdings Over Q1 2022
As per the official report published on May 18, Tether, the issuer of the world’s most used stablecoin, USDT, has cut 17% of its commercial paper holdings and increased United States Treasury bills wi...
Tether reduces commercial paper – The Cryptonomist
Tether reaffirms that USDT issued are fully collateralized, with a significant 17% reduction in commercial paper among them and an increase in US Treasury bonds instead. Tether’s off-chain collaterali...
New Tether Report Shows 17% Reduction in Commercial Paper
A week after its stablecoin briefly lost its 1:1 peg with the U.S. Dollar, Tether’s Q1 2022 assurance report shows it has reduced the commercial paper in its USDT reserves by 16.8%. As of March ...
Tether Cut Commercial Paper Reserve by 17% in Q1, Accountants Say
The majority of this $20.1 billion (around $18 billion) is comprised of A-1 and A-2 paper, which qualify as investment grade, according to the report. A list of ratings agencies grading the commercial...
Cardano Publishes New Research Paper on Key Blockchain Governance Properties
Cardano, a leading blockchain project, has published a new research paper on decentralized blockchain governance properties. Cardano Publishes Paper on Blockchain Governance The study was conducted by...
MicroStrategy has lost money after bitcoin fell low: a $330 million loss on paper
MicroStrategy’s large bitcoin wager has lost money after bitcoin’s price fell below the software company’s average buying price. MicroStrategy’s stock price has fallen in recent days as a result of th...
European Central Bank releases new paper for digital euro
The European Central Bank is currently actively engaged in releasing a central bank digital currency (CBDC). However, this product has faced much opposition from the public, and this opposition has be...
Tether Has Cut Commercial Paper Holdings Backing Stablecoin by 50%: CTO
During a recent Twitter Spaces event discussing stablecoins and the recent crypto volatility, Tether CTO Paolo Ardoino said that the stablecoin provider had cut the amount of commercial paper backing ...
MicroStrategy Still Bullish on Crypto After $330M Paper Loss – crypto.news
Bitcoin’s price has fallen below MicroStrategy’s average purchase price, putting the company’s massive bitcoin bet in the red. The company and its subsidiaries currently hold over 130,218 bitcoins, eq...
Microstrategy In Red: Paper Loss Amounts To $330 Million
As a result of the recent cryptocurrency market fall, Michael Saylor’s company, MicroStrategy, now has an unrealized loss on its bitcoin assets. With approximately 130,000 BTC, the company is the larg...
Crypto Exchanges Offer ‘Paper Bitcoin’ Claims Market Analyst
A market analyst has claimed that bitcoins held on exchanges are nothing more than “paper bitcoin” that depresses the price of BTC. Rufas Kamau of Scope Markets Kenya made the statement in a Twitter t...
Will boost transparency and reduce commercial paper holdings: Tether’s CTO
Tether’s chief technical officer stated that the company would continue to reduce its commercial debt holdings while also increasing transparency around the reserves that back its USDT stablecoin. Why...
Regulatory Arm of UAE Financial Centre Releases Defi Discussion Paper – Regulation Bitcoin News
The regulatory arm of UAE’s financial centre, Abu Dhabi Global Market (ADGM), has released a discussion paper that is seeking stakeholders’ comments regarding the regulation of decentralized finance (...
Tether to shrink commercial paper holdings for USDT reserves
Tether, the issuer of the USDT stablecoin, has announced plans to reduce its short-term corporate debts used to back the value of USDT. USDT is a stablecoin whose value is pegged to $1, and its price ...
Tether Promises to Continue Cutting Commercial Paper Holdings
In brief Tether is a stablecoin pegged to the U.S. dollar. It’s backed by U.S. dollars as well as a slew of other holdings, including tokens, bonds, and commercial debt. For years, stablecoin is...
Tether to Cut Its Commercial Paper Holdings
Alex Dovbnya Tether intends to further reduce the share of commercial paper in the reserves that back its USDT stablecoin Tether, the issuer of the largest centralized stablecoin of the same name, pla...
Tether’s CTO Says It Will Reduce Commercial Paper Holdings
Key Takeaways Tether’s CTO Paolo Ardoino told CNBC that the stablecoin issuer would continue to reduce its commercial debt holdings. He also said that Tether would improve the transparency of it...
Momentum continues for blockchain shooter game Shrapnel with White Paper release » CryptoNinjas
Shrapnel, a blockchain-enabled moddable AAA first-person shooter game has released its White Paper and unveiled its roadmap following the completion of a successful private token sale. The $7 million ...
Bitcoin is a Strategic National Security Opportunity Says Paper – Trustnodes
“The current dollar system is increasingly working against our national interests,” says Matthew Pines, a project manager for the Cadmus team supporting the Department of Homeland Security (DHS). In a...
GOP Policy Division Releases Paper On Crypto: Explores Pros and Cons
The Senate Republican Policy Committee (RPC), recently issued a policy paper on cryptocurrencies. The paper indicated that the Senate Republicans are inclined toward a more unified approach to r...
Senate Republicans release policy paper on cryptocurrencies
A key research branch of Senate Republicans is considering approaches to cryptocurrency, signaling a more cohesive policy position down the road. On April 7, the Senate Republicans Policy Committee, ...
Over 50% Crypto Investors Backup Security Keys by Paper Wallets, Threatening its Vulnerability
New research conducted by Unstoppable Domains, Efani, and NGRAVE suggests that more than half of crypto investors, taking 54% of the respondents, store their security keys on a paper wallet amid inten...
Dusk Network publishes new economic model paper detailing improved token economics
Emanuele Francioni, consensus architect of Dusk Network, has written an updated economic model paper that details how the Dusk team has made significant strides in improving the capability and efficie...
Viblos Gearing up for Launch of White Paper 1.1
Viblos, a disintermediated, decentralized and direct revenue-based platform for content producers, has announced the upcoming launch of its White Paper 1.1. The platform is very near to its beta launc...
Commodities on the Blockchain – Goodbye Paper Trail, Hello Efficiency
Commodities on the blockchain: Up until now, traditional commodities trading has hinged largely on the use of vast paper trails in order to execute, authenticate, and process individual transactions. ...
Regulator in UAE’s Special Economic Zone Unveils Consultation Paper on ‘Crypto Tokens’ – Coinotizia
The regulatory arm of the United Arab Emirates (UAE)’s special economic zone, the Dubai International Financial Centre (DIFC), has unveiled a consultation paper outlining its proposed regulatory regim...
Regulator in UAE’s Special Economic Zone Unveils Consultation Paper on ‘Crypto Tokens’ – Regulation Bitcoin News
The regulatory arm of the United Arab Emirates (UAE)’s special economic zone, the Dubai International Financial Centre (DIFC), has unveiled a consultation paper outlining its proposed regulatory regim...
Tether latest reserve attestation shows slash in commercial paper
Tether, the number one Stablecoin issuer, has released its attestation for the last quarter of 2021 yesterday, and there were lots of interesting figures. Tether slashes commercial paper holdings The...
Opinion: Do poison pills work? A finance expert explains the anti-takeover tool that Twitter hopes will keep Elon Musk at bay
Takeovers are usually friendly affairs. Corporate executives engage in top-secret talks, with one company or group of investors making a bid for another business. After some negotiating, the companies...