Search Results for: 1:1

‘Landmark’ Crypto Law Proposed in New York to Establish ‘Strongest and Most Comprehensive’ Crypto Regulations in US

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New York State Attorney General Letitia James has proposed “landmark” crypto legislation that claims to be “the strongest and most comprehensive set of regulations on cryptocurrency” in the United States. “Rampant fraud and dysfunction have become the hallmarks of cryptocurrency and…

South African Professor Accuses US Regulators of Attempting to ‘Assassinate Crypto’

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The United States’ attempts to “assassinate crypto” are illegal and unlikely to succeed because “crypto is global,” Steven Boykey Sidley, a South African professor and author, has argued. According to Sidley, many formerly U.S.-based companies and innovators have fled the country…

Les actions de First Republic Bank rétrogradées au statut indésirable par S&P Global; Le stock recule de plus de 25% Inférieur

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After UBS acquired Credit Suisse and close to a dozen financial institutions injected $30 billion into First Republic Bank four days ago, S&P Global downgraded First Republic’s shares to junk status on Sunday. Investors are concerned that the cash infusion from…

Bitcoin’s Average Transfer Fees Experience Sharp Increase: 122% Rise in 10 Jours

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Statistics show transfer fees on the Bitcoin network have increased 122% since the end of last month, as the average transaction fee has climbed from $0.767 à $1.704 per transaction. The rise in onchain fees coincides with the new Ordinals digital…

Binance and Crypto.com Publish Proof-of-Reserve Audits Conducted by Global Auditor Mazars Group

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This week two cryptocurrency exchanges provided proof-of-reserves in order to highlight that the trading platforms are backing customer assets 1:1. Binance published its report on Dec. 7, 2022, and detailed the global auditor Mazars Group conducted the audit. En décembre. 9,…

Un rapport suggère que les actions tokenisées de FTX pourraient ne pas avoir été soutenues 1:1, Les matières synthétiques peuvent avoir été utilisées pour « manipuler » les prix réels des actions

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En décembre. 4, 2022, a report details that FTX-based synthetic stocks may have been used to manipulate the value of AMC shares. En mai 2021, FTX offered 36 tokenized stocks but speculators believe it’s questionable whether or not the firm actually…

Signaler: Genesis Owes Gemini Customers $900 Million, Exchange Is Attempting to Recoup Assets

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According to a recent report from the Financial Times (FT), Genesis Global Capital allegedly owes $900 million to Gemini customers. The exchange operated by Cameron and Tyler Winklevoss is attempting to recover the funds from Genesis, according to FT’s sources. Signaler…

Binance and Paxos-Backed Stablecoin BUSD’s Market Cap Climbs 22% dans 2 Mois

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A la mi-août, ou 68 il y a quelques jours, the market capitalization of the stablecoin BUSD was approximately $17.7 milliards et depuis lors, its grown 22.88% higher to today’s $21.78 milliard. BUSD’s growth comes at a time when the market valuations of the top…

PDG du cercle, Paxos, et Trueusd parlent de la décision de conversion automatique de Stablecoin de Binance

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En septembre 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…