Search Results for: cash reserves

USDC Stablecoin Nears Parity With USD After Fed’s Bailout Announcement

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The stablecoin USDC has nearly regained parity with the U.S. dollar after rising just above $0.99 marca 12, 2023, pri 7:20 popoldne. vzhodni čas. The stablecoin jumped back to the $0.99 range after the U.S. Federal Reserve revealed it would…

‘Fiat Is Fragile’ — Silicon Valley Bank’s Collapse Sparks Finger-Pointing and Concerns of Contagion

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Silicon Valley Bank (SVB) has become the center of attention after its collapse prompted the U.S. Zvezna korporacija za zavarovanje depozitov (FDIC) to shut the bank down on Friday. It was the largest U.S. bank failure since 2008, and various alleged catalysts…

Citizens Trust Bank to Hold $65 Million in USDC Reserves as Circle Expands Bank Partnerships

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V petek, the cryptocurrency firm and stablecoin issuer Circle announced that the financial institution Citizens Trust Bank will hold $65 million in usd coin cash reserves. Circle said the move is part of the company’s plan to allocate shares of the…

CoinEx: To Embrace a New Crypto Future by Making Crypto Trading Easier in the Next Five Years

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SPOROČILO ZA JAVNOST. V decembru 2022, CoinEx will celebrate its fifth birthday. Since its inception, the crypto exchange has gone through bulls and bears and attracted over four million users across more than 200 countries and regions worldwide. For both CoinEx and…

Bitcoin’s Total Hashrate Slides Lower in December as BTC Miners Struggle for Profits

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While bitcoin prices have been lower than the estimated cost of bitcoin production, omrežje’s hashrate has dropped a great deal since mid-November. Trenutno, the total hashrate dedicated to the Bitcoin network is coasting along at 236 exahash na sekundo (EH/s)…

Nihajoča cena USDT spodbuja špekulacije, povezane z rezervami Alameda, Tether zamrzne 46 Milijon žetonov

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Ob četrtkovih tržnih nihanjih, podatki kažejo, da je stablecoin tether začasno dosegel najnižjo vrednost $0.961 na enoto. Tether’Tržna nihanja so vplivala na decentralizirane finance (defi) krivulja protokola’s 3 bazenom, ker je v četrtek zjutraj sklad stablecoin postal neuravnotežen. Nadalje,…

Poročilo: Financial Services Giant Old Mutual Appointed Manager of South African Stablecoin Project’s Cash Reserves

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One of South Africa’s largest financial services groups, Old Mutual, has reportedly been appointed manager of the ZARP stablecoin project’s cash reserves. Founders of the stablecoin are hopeful that the appointment of one of the country’s oldest financial services companies will…

Banka Rusije omilila omejitve pri nakupu gotovine v dolarjih in evrih

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The Central Bank of Russia has relaxed some limitations for Russian banks selling U.S. dollars and euros to the public. The increased supply of foreign cash may affect the crypto market in the country as currency restrictions have been a driver…

Soglasje Ethereum Pivot to Proof-of-Stake uporabnike skrbi glede možnosti cenzure na ravni protokola

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The upcoming consensus change that Ethereum, the second largest cryptocurrency by market cap, is planning to execute in September has worried many users about the possibility of censorship happening at a protocol level. This means that, even by interacting directly with…

Poročilo: Nigerian Central Bank Incentive Scheme Failed to Halt Naira Depreciation

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Centralna banka Nigerije (CBN)’s attempt to incentivize the country’s forex market through the so-called “Naira for Dollar” scheme has failed. This is evidenced by the local currency’s plunge of more than 25% since the launch of the incentive scheme…