The Tron DAO Reserve will work towards offering strong support to USDD. Tron is one of the largest Decentralized Autonomous Organizations (DAO) in the world. USDD is the algorithmic stable coin manage...
Tag: Reserves
Celsius crisis has no impact on USDT reserves
The ongoing crisis of Celsius’s native token has nothing to do with the stablecoin provider Tether and will not impact its USDT reserves, according to the company. Tether issued a statement on Monday ...
Tron DAO Reserve buys $50M of Bitcoin and TRX to add to USDD reserves
Tron DAO Reserve, which manages algorithmic stablecoin USDD, said on Saturday that it had bought $50 million worth of Bitcoin (BTC) and Tron (TRX). The purchase was announced in a tweet saying it was ...
Ethereum Addresses and Reserves Rise as the Market Struggles to Stabilize – crypto.news
Despite the recent volatility, Ethereum’s price has remained relatively stable. As investors anticipate the network’s upcoming massive upgrade, the coin is down 3% from the past week and 1% higher tha...
Exchange Reserves Hit New 4-Year Lows
On-chain data shows Bitcoin exchange reserves have now reached new 4-year lows, a sign that could prove to be bullish for the crypto’s price. Bitcoin Exchange Reserve Has Sunk Down Further Recently As...
TerraForm Labs Under New Investigation About “Suspicious” Crypto Wallet Used For Embezzling Its Bitcoin Reserves
– Advertisement – Investigation into Terra’s activities is still not over as fresh allegations emerge. Since the collapse of Terra tokens UST and LUNA, the firm behind the crypto project T...
NY stablecoin issuers Gemini, Paxos have to ensure 100% reserves daily under new guidelines
? Want to work with us? CryptoSlate is hiring for a handful of positions! The NY Department of Financial Services (DFS), which oversees regulated crypto companies in the state, on June 8 released form...
Shiba Inu Governance Token ‘Bone’ Up 10% As Singapore-Based Exchange Adds 333K Coins To Its 10M Bone Reserves
– Advertisement – Bone up 10% as exchange adds more Bone. Singapore-Based Exchange, MEXC Global Loaded Up 333,113 Bone ShibaSwap (BONE) In the Last 24 Hours and Now Holds Whopping 10.3...
Animoca Brands Unveils Its Unaudited Final Accounts, Shows Crypto, Cash Reserves
Animoca Brands has issued its unaudited financial accounts for the 7 months, 3 from 2021, and the 1st quarter of this year. As per the report, Animoca Brands have earned a mammoth amount of sum during...
Central banks are increasing gold reserves as inflation, supply chains fear looms
The amount of gold held in reserve by the world’s central banks has been increasing gradually over the last decade. During this period, gold holdings by central banks have grown to almost 35,600 tonne...
Animoca Brands Holds Digital Assets Reserves Worth $5 Billion
The company has made over $721 million in token and non-fiat sales in the last 7 months. Recent achievements include Animoca Brands’ collaboration with Yuga Labs. Animoca Brands, the Hong Kong-based d...
The Sandbox Publisher Animoca Brands’ Reports $5B in Crypto, Cash Reserves
Animoca Brands, the Hong Kong-based digital entertainment and crypto games publisher, released its key unaudited financial results for the last three months of 2021 and the first four months of 2022. ...
Play-to-Earn Behemoth Animoca Brands Reports $4.2 Billion in Crypto Reserves
\n Hong Kong-based gaming software company Animoca Brands held about $4.2 billion in cryptocurrency reserves between January and April 2022, according to the firm’s latest unaudited financial earnings...
Justin Sun: Tron Send $100M USDT To Binance To Buy Additional Bitcoin and TRX as Reserves
– Advertisement – TRON DAO Reserve To Buy $100 Million Worth Of BTC And TRX As Reserves. TRON is arguably one of the largest blockchain networks in the industry. It was founded by Justin...
Tether’s Desire to Keep its Banking Relationships and Reserves Secret Cost $18.5 Million
Initially Tether opened its account in Taiwan, after a cut-off with this corresponding account Tether moved further to Montreal and Puerto Rico. As it believes to maintain a strong relationship with t...
Tether Reportedly has Some of Its Reserves Stored in a Bahamas Bank – crypto.news
While Tether has come under constant criticism and regulatory scrutiny for its reserves, recent reports reveal that the stablecoin issuer stored some of its reserves at a Bahamas bank. Some Tether Res...
Some Of Tether’s Undisclosed Reserves Are Held Here!
Tether, the issuer of USDT, holds a secret percentage of its assets in a boutique Bahamian bank. It is also interesting to note that Tether’s reserves of cash, including other instruments, are now fac...
Tether Relied on an Obscure Bank in the Bahamas to Store its Reserves – Coinpedia – Fintech & Cryptocurreny News Media
The Financial Times recently published a report on Tether’s dependency on an obscure bank in the Bahamas in order to store some of its reserves. Capital Union, a Nassau-headquartered banking instituti...
Tether Has Had Some of Its Reserves at Obscure Bahamas Bank
Alex Dovbnya Tether has held some of its reserves at a tiny Bahamas bank Controversial stablecoin issuer Tether has relied on an obscure bank in the Bahamas in order to store some of its reserves, acc...
One Location of Tether’s Mysterious Reserves Revealed
USDT issuer Tether holds an undisclosed percentage of its assets in a boutique Bahamian bank. With USDT issuer Tether’s reserves of cash and other instruments coming under increasing scrutiny, individ...
The Federal Reserve’s ‘Most Anticipated’ Recession In History May Be Coming
For months, as the Federal Reserve steadily ratcheted up its war against inflation, Fed Chief Jerome Powell insisted that policymakers had everything under control. He stressed that no recession for t...
Terra Initiates Voting On New Proposal To Burn Remaining Reserves – Coinpedia – Fintech & Cryptocurreny News Media
The effect of an impulsive loss has taken over $15 billion from crypto value. And there are reports recorded about self-harm by those who have lost most of their savings in UST. A Lot of people have s...
LUNA and UST Crash Could Have Been Averted if Bitcoin Reserves were Used Earlier, Binance CEO Says
The collapse of LUNA and UST, the native tokens of the Terra network, could have been avoided if the Luna Foundation Guard (LFG) had used its Bitcoin reserves earlier, according to Binance CEO Changpe...
Tether reduces commercial paper holdings to improve quality of reserves
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...
Tether Displays $82 Billion Reserves to Silence Haters
The collapse of Terra and its UST stablecoin, which happened just over a week ago, caused a real panic in the stablecoin segment. Some of them, like USDC and BUSD, were feeling pretty good, trading at...
After TerraUSD (UST) De-Pegging Scare, Tether (USDT) Releases Report Claiming It Has Fully Backed Reserves
As the most recent crypto market crash is putting the spotlight on stablecoins, one of the leading dollar-pegged tokens says its valuation remains secure. In a new post, Tether Holdings Limited announ...
Tether’s Attestation Report Reveals Positive Outlook on Stablecoin’s Reserves
Tether’s recently issued attestation report indicates an optimistic view of the stablecoin’s reserves, which may come as a relief to crypto investors. Tether fund reserves are strong, according to the...
Here’s How Tether (USDT) Plans on Improving the Quality of Reserves
Tether, a stablecoin issuer, claimed in the first quarter of this year that it lowered its commercial paper holdings to strengthen the integrity of its reserves. Tether announced today that its commer...
Stablecoin Tether ($USDT) Reveals Reserves Fully Backed In New Report
Stablecoin firm Tether Holdings Limited has come out to allay fears of a possible USD/USDT decline after the stablecoin lost its peg to the US dollar last week amid $UST crash. Tether (USDT), the worl...
Tether Confirms Fully Backed Reserves in Latest Assurance Report
Tether’s USDT stablecoin is beyond fully backed, according to the latest assurance report provided by accounting firm MHA Cayman. The firm found that Tether’s total assets are worth at least $82,424,8...
Latest Report On Tether’s Fund Reserves
In what could prove to be a sigh of relief to crypto investors, Tether’s newly released attestation report reveals positive outlook on the stablecoin’s reserves. The company’s latest quarterly assuran...
Critics Blast Do Kwon, Saying Terra Could Have Saved LUNA By Burning 6.5T Coins With $1.3 Billion Reserves
– Advertisement – Do Kwon And Terra Could Have Saved LUNA With The $1.3 Billion Reserve But They Did Everything Wrong. The troubles facing Terra Luna and UST continue to spark heated deb...