On Feb. 4, a Twitter user, Spreek, notified the community that Sperax USD (USDs) appeared to have been exploited, losing $250,000. Per his analysis, the attack drastically inflated the supply of USDs ...
Tag: USD
GBP to USD Weekly Forecast – British Pound Plunges During Tough Week
GBP to USD Forecast Video for 06.02.23 British Pound vs US Dollar Weekly Technical Analysis The British pound has broken down rather significantly during the course of the trading week, slicing throug...
Gemini’s stablecoin loses USD peg amid OKX delisting
Gemini-backed stablecoin Gemini Dollar(GUSD) has lost its parity with the US Dollar, falling by 0.84% to $0.9851 in the last 24 hours, according to CryptoSlate’s data. Available data shows that the st...
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...
Blockchain Firm Blockstream Acquired 125Mn USD in Convertible Note Secure Loan Financing
The cryptocurrency market has witnessed sheer crypto winter which still continues. This affected the broader crypto market but a small portion of the space continued to sustain. Several projects and f...
Argentina And Brazil Want To Introduce A Common Currency And Reduce Dependence On The USD
The governments of Brazil and Argentina will discuss the introduction of a common currency between the two countries. This step will form the second largest united economic bloc in the world, si...
SHIB Ranks the Biggest Token by USD Value of $616M Among ETH Whales
Data indicates that SHIB is still a favorite investing tool for Ethereum whales. The top 5000 crypto whales hold an average of more than $616 million worth of SHIB. The global crypto market cap crosse...
Silvergate Bank’s Parent Company Reported Massive 1Bn USD Loss in Q4 2022
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Binance’s SWIFT banking partner set to ban USD transfers below $100K
Binance has informed its retail customer base of a potential incoming service disruption that may halt on and off-ramp bank payment transfers. The service disruption will impact users of U.S Dollar-he...
Arch Launches Crypto Lending Product Following the 2.75Mn USD Funding
A fintech-based lending company Arch recently announced its very first financial product on January 18. Dhruv Patel, co-founder and CEO of the company, said in an interview that last year the company...
MakerDAO approves 85% Gemini USD holdings in DAI stablecoins
The MakerDAO community voted in favor of keeping Gemini USD stablecoin as part of the protocol’s DAI stablecoin reserves amid concerns about insolvency. The MakerDAO community earlier started voting o...
Binance USD Exchange Reserves Dry Up, Behind Bitcoin Drop?
On-chain data shows the Binance USD (BUSD) exchange reserves have declined recently, a factor that may be behind Bitcoin’s slowdown. Binance USD (BUSD) Exchange Reserves Have Gone Down As pointed out ...
The performance of Tether and USD Coin
Research analysts at Nansen, have compiled an overview of the performance of the top stablecoins over the past year, revealing that in first place is Tether and in second place is USD Coin. The repor...
Bitcoin Too? Saudi Arabia To Take Non USD Currencies For Oil
Per a report, the biggest oil exporter in the world, Saudi Arabia, might take a hit to the U.S. dollar (USD) supremacy for the benefit of Bitcoin and other global currencies. During the World Economic...
Crypto Market sees Significant Surge; Short Liquidations Reach 500 Million USD
For about last week, major cryptocurrencies are rallying upwards resulting in pumping their relative market capitalization. This pump led the market cap of the global cryptocurrency market to reach ov...
Alameda Reported to Had 65BN USD Worth Line of Credit from FTX Customers’ Funds
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European Agency arrests 15 people and seized 1Mn USD worth crypto assets
The European Union Agency for Law Enforcement Cooperation (Europol) made an announcement about striking on online scams involved in the illicit activities. Surprisingly, the network operating these sc...
BlockFi Compensated Investor 15Mn USD, Says Attorney
BlockFi executives had to repay an amount of 15 million USD to an investor for the settlement of a threatened lawsuit, according to the report citing BlockFi attorneys during bankruptcy court hearing....
Binance USD Users Dumping Coins for Snowfall Protocol En Masse Following Impact of FTX Collapse
A black swan event like the FTX crash has rocked the entire crypto market. He brought down many cryptocurrencies with it. Between December 12th and 14th, Binance saw more than $6 billion in withdrawal...
SEC Alleges CoinDeal Being 45 Mn USD Fraudulent Scheme; Charges Eight Individuals and Entities
The accused promised return on investment up to 500,000 times Investigation is still going on by the financial authority officials The United States Securities and Exchange Commission (SEC) recently ...
Bitcoin, Ethereum and Near Protocol- The Cryptonomist
Bitcoin Analysis Bitcoin’s price marked-up again on Sunday to the tune of 1.04% and was +$175.4 for its daily trading session. We’re leading-off a new week of crypto price analyses with the BTC/USD...
Gemini USD is holding, despite the fears
Gemini has recently been caught up in the aftermath of the crypto bear market as well, yet its stablecoin GUSD (Gemini USD) is holding up despite everything. By now it has slipped to eighth place by ...
Neutrino USD Price, Orbeon Protocol (ORBN) Swarmed by Investors During Presale
The Neutrino USD token, or USDN, is a stable currency that operates on the Waves network. After a late 2019 launch, USDN has established itself as Waves’ go-to stablecoin. When compared to other stabl...
Uniswap V3 Becomes Most Popular and Most Used Ethereum Contract; 2.46 Bn USD in TVL
Recently, the Ethereum based Dex protocol, Uniswap V3 reportedly took the spot of most popular contract on the network of this year. In terms of overall transactions or gas fees usage, it ranked first...
What is USD Coin (USDC), fiat-backed stablecoin explained
USDC offers instant payments, saves users from the cryptocurrency market’s price volatility and is audited by a regulated auditing firm, making it a transparent stablecoin. However, it does ...
USD Coin is growing again
The 2022 of USD Coin, the USDC stablecoin, has been an eventful year. While the price has practically always held the peg with the dollar, its market capitalization, on the other hand, has undergone ...
What’s the Potential Return in Crypto and Stock On Investing 1,000 USD?
The market downturn throughout this year is not something unknown to those who keep watch over it. From major companies’ stocks in share markets to major cryptocurrencies within the broader crypto mar...
Bitcoin, gold rise 3% following FTX’s crash while Ethereum, USD, others crash
Bitcoin’s (BTC) value has risen by roughly 3% since FTX filed for bankruptcy on Nov. 11, according to CryptoSlate data. Bitcoin, gold up 3% Bitcoin traded at a low of $15,742 on Nov. 10, when FTX was ...
Core Scientific Receives 72 Mn USD Funding; CORZ Stock Surged 300%
Bitcoin miner Core Scientific met with good omen with receiving an offer of 72 million USD. The mining firm was embattled with a liquidity crisis and facing operational issues. One of the largest lend...
Binance USD Are Incomplete Without Snowfall Protocol
SPONSORED POST* The Binance USD (BUSD) and USD Coin (USDC) are two of the most popular stablecoins in the market. However, they both have a major flaw: they are incomplete without Snowfall Protocol (S...
Bitcoin Price Will Reach 30K USD in 2023: VanEck
VanEck crypto research head made prediction for Bitcoin price for the next year Bitcoin price is expected to see a recovery after a fall, worse than the current price. Investment firm VanEck manager s...
Bitcoin, Stacks, Flow, Neutrino USD See Drastic Fall In Prices
Cryptocurrency prices today: Following the 50 basis points (bps) rise in interest rates announced by the Federal Reserve on Wednesday, the cryptocurrency market followed a bearish pattern today (Thurs...