Search Results for: three stablecoins

Hong Kong presenta prototipo de moneda digital, proyecto oro

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Financial authorities in Hong Kong have unveiled a prototype of the Chinese autonomous territory’s own central bank digital currency called Project Aurum. The two-tier platform features a wholesale interbank and a retail e-wallet system, participants revealed. Hong Kong to Issue Retail…

Binance and Paxos-Backed Stablecoin BUSD’s Market Cap Climbs 22% en 2 Meses

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In mid-August, o 68 hace días, the market capitalization of the stablecoin BUSD was approximately $17.7 billion and since then, its grown 22.88% higher to today’s $21.78 mil millones. BUSD’s growth comes at a time when the market valuations of the top…

Basel Study Shows World’s Largest Banks Are Exposed to $9 Billion in Crypto Assets

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A first-of-its-kind study published by the Basel Committee on Banking Supervision details that the world’s largest financial institutions are exposed to roughly €9.4 mil millones (US$9 billion) in crypto assets. The research paper authored by the Basel Committee’s secretariat Renzo Corrias further…

Circle CEO, Paxos, and Trueusd Speak on Binance’s Stablecoin Auto-Conversion Decision

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En septiembre 5, Binance explained that it planned to drop a number of usdc trading pairs and auto-convert specific stablecoin balances into busd by September 29. While the move was controversial among crypto proponents on social media, Circle Financial CEO Jeremy…

Parte superior 10 El dominio PoW se evapora 9 Años después, Solo quedarán dos monedas de prueba de trabajo después de la fusión

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The crypto community is patiently waiting for the highly anticipated Ethereum network upgrade from proof-of-work (PoW) a prueba de participación (punto de venta) as The Merge is expected to happen 27 days from now. After Ethereum transitions from PoW to PoS, only two crypto assets…

70 a 90% Abajo: el declive de Crypto Economy se sacude $2 billones en 8 Meses

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During the past eight months, crypto assets have shed enormous value against fiat currencies like the U.S. dólar. Bitcoin has shed 69% since the leading crypto asset’s all-time high on November 10, 2021, when the digital currency’s value tapped $69K per…

Tether liquida el préstamo de Bitcoin en Celsius: "la posición ha sido liquidada sin pérdidas" para la empresa

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En julio 8, 2022, the company behind the largest stablecoin in the world, Atar, revealed that the firm liquidated a loan made to the crypto lender Celsius, and the liquidation caused “no losses to Tether.” According to the stablecoin issuer, la…

Argentinian Cryptocurrency Exchange Buenbit Launches Stablecoin Yield Instruments

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Buenbit, one of the leading Argentinian cryptocurrency exchanges, announced the inclusion of two stablecoins in its current yield program. The company will allow its customers to earn yields of up to 11% annually on their USDC and USDT funds, with the…

Do Kwon Accused of Cashing out $2.7B Before UST Collapse, Terra Founder Says Allegations Are False

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Tierra’s new LUNA 2.0 token has lost 54% in value in the last two weeks, after reaching $11.33 per unit on May 30. Mientras tanto, the whistleblower Fatman has accused Terra’s co-founder Do Kwon of cashing out $2.7 billion a few months…

Stablecoin Market Nears 15% of the Entire Crypto Economy’s Market Valuation

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Roughly two months ago on April 11, the stablecoin economy was valued at $190 billion and was getting closer to surpassing $200 billion in value. Sin embargo, after the Terra stablecoin fallout, the fiat-pegged token economy lost $16.31 billion in value since…