USDC will remain redeemable 1 for 1 with U.S. dollar, Circle says

USDC issuer Circle said it will resume normal operations Monday and that USDC will remain redeemable one-for-one with the U.S. dollar after Silicon Valley Bank collapsed.  Circle said that in th...

BUSD Issuance Stops, CZ Responds, BUSD Will Be Redeemable, Is USDC Next?

U.S. regulatory crackdown on crypto companies gains momentum. Paxos has disclosed that it will end its relationship with Binance for the Binance USD stablecoin and will end the issuance of new tokens ...

Ault Alliance Declares Monthly Cash Dividend of $0.2708333 Per Share of 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock

LAS VEGAS–(BUSINESS WIRE)–$AP #AGREE—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced that its Board of Directors has decla...

Wrapped Tokens Issued by FTX or Alameda Slumps, No Longer Redeemable

Following the filed Chapter 11 bankruptcy from FTX, the wrapped tokens issued by the crypto exchange or its sister trading shop Alameda Research have now undergone a price decline. According to data f...

Wrapped tokens issued by FTX or Alameda collapsing, no longer redeemable

Wrapped tokens on Solana issued by FTX or Alameda Research are experiencing sharp declines after both entities filed for Chapter 11 bankruptcy protection. The price of wrapped bitcoin on Sollet ...

Boson Protocol Launches Redeemable NFTs For Real World Assets

Boson Protocol, a Web3.0-based commercial marketplace has announced the revamping of its outfit for physical goods which it called Redeemable NFTs. Through this offshoot, users of the Boson Protocol c...

Boson Protocol revamps redeemable NFT marketplace

Boson Protocol launched a revamped version of its NFT platform that allows people to sell real items — in the form of nonfungible tokens — that can be burned and redeemed for the actual product within...

BitNile Holdings Declares Monthly Cash Dividend of $0.2708333 Per Share of 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock

LAS VEGAS–(BUSINESS WIRE)–$AP #Ault_Alliance—BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (“BitNile” or the “Company”), today announced that its Board of Directors has d...

GenZeroes To Mint 9,000 NFT Card Packs with Redeemable Utility

Vancouver, Canada, 13th July, 2022, Chainwire GenZeroes, the NFT-powered, live-action film and comic series, is pleased to announce an NFT airdrop and mint as the next phase of its roadmap, which will...

Hong Kong-based Grand Cru Cellar to Offer First Redeemable Wine NFT in Asia

Hong Kong-based wine importer and distributor Grand Cru Cellar (GCC) has announced plans to enter the non-fungible token (NFT) industry. Following the completion of the plan, GCC will become the first...

Warner Bros. is Creating 6 Million DC Comics Trading Cards With Redeemable NFTs

Warner Bros. is creating over 6 million DC Comics-inspired physical trading cards packaged with redeemable NFTs that will be available later this month. Cartamundi, a card and board game company, will...