The reserves that back USDC include US dollars in cash, certificates of deposit, corporate bonds, and securities. The report indicates audited funds of around USD 22,200, less than the amount of USDC in circulation.
Fernández highlighted that crypto assets could be an excellent solution to combat inflation. However, he admitted that he does not understand how they work and perceives some risks in the system.
The president...
The company will split the payment between two government agencies: the CFTC and FinCEN. BitMEX received accusations for offering leveraged and unlicensed products in the United States of America.
A US court decided...
Binance is currently struggling with limitations that stop it from operating in nations like the UK and Italy. Binance has closed several of its financial products like stock tokens.
Binance is now against...
Lee stated that the hyper volatility of Bitcoin could help it reach USD 100,000 by the end of the year. He restated his prediction in May even though the cryptocurrency is in the penalty area.
The deposits in the Ethereum 2.0 smart contract are equivalent to USD 21 billion. These investments correspond to independent validator nodes and staking pools.
There is a total of 6,805,325 ETH in the...
Deflationary blocks appear when the amount of ETH burned exceeds the mining reward. A few days after the launch of the London hard fork, the transaction fee saw an increase for a short time.
Coinbase explains that it works alongside companies such as PNC Bank, SpaceX, and Tesla. A source also clarifies that in the upcoming months the bank will make its foray into bitcoin official.
One...
The transaction with the stablecoin Tether happened through the Binance exchange. The process received validation from a local real estate agency, which also appears in the public registry.
A Venezuelan user used the...
Poly Network called on exchanges to avoid the tokens involved. Since the protocol involves several blockchains, the figure could be higher due to other possible vulnerabilities.
A group of hackers recently breached the...
