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3232Elephant in the Room: FTX Troubles Force Exchange Executives to Talk About Proof-of-Reserves
https://www.digit.info/elephant-in-the-room-ftx-troubles-force-exchange-executives-to-talk-about-proof-of-reserves/
Wed, 09 Nov 2022 14:30:06 +0000https://www.digit.info/2022/11/09/elephant-in-the-room-ftx-troubles-force-exchange-executives-to-talk-about-proof-of-reserves/Read more]]>On Nov. 9, 2022, a day after the news broke regarding Binance planning to purchase the exchange FTX, the crypto economy dropped 11.17% in 24 hours. The crypto economy has slid under $900 billion for the first time since January 2021. The Binance and FTX news has come as a shock to a lot of […]
]]>Stablecoin Issuer Tether Fulfills Promise by Reducing Commercial Paper Holdings Down to Zero
https://www.digit.info/stablecoin-issuer-tether-fulfills-promise-by-reducing-commercial-paper-holdings-down-to-zero/
Thu, 13 Oct 2022 22:30:52 +0000https://www.digit.info/2022/10/13/stablecoin-issuer-tether-fulfills-promise-by-reducing-commercial-paper-holdings-down-to-zero/Read more]]>On October 13, 2022, Tether Holdings Limited announced that the stablecoin issuer has reduced the company’s commercial paper holdings down to zero. The company has said it would reach this goal for a while now, and Tether says that shrinking commercial paper holdings down to zero “demonstrates Tether’s commitment to backing its tokens with the […]
]]>Tether CTO Says US Treasury Notes Account for More Than 58% of USDT’s Reserves
https://www.digit.info/tether-cto-says-us-treasury-notes-account-for-more-than-58-of-usdts-reserves/
Mon, 03 Oct 2022 20:30:35 +0000https://www.digit.info/2022/10/03/tether-cto-says-us-treasury-notes-account-for-more-than-58-of-usdts-reserves/Read more]]>On Monday, the chief technology officer of Tether Holdings Limited, Paolo Ardoino, explained that U.S. Treasury bills represent more than 58% of the company’s reserves. The announcement follows Tether hiring the accounting firm BDO Italia and the stablecoin issuer’s quarterly attestation, which had shown a decrease in commercial paper holdings. Tether’s Commercial Paper Holdings Shrank […]
]]>Survey That Asks if The Merge Could Cause an Ethereum Chain Split Sparks PoS Delay Discussions
https://www.digit.info/survey-that-asks-if-the-merge-could-cause-an-ethereum-chain-split-sparks-pos-delay-discussions/
Sun, 31 Jul 2022 18:30:22 +0000https://www.digit.info/2022/07/31/survey-that-asks-if-the-merge-could-cause-an-ethereum-chain-split-sparks-pos-delay-discussions/Read more]]>While there’s 50 days left until the week of September 19, the crypto community has been discussing whether or not Ethereum developers will delay the penciled-in date for The Merge. Moreover, on July 27, the crypto hedge fund Galois Capital published a survey on Twitter that indicates more than 33% of the survey’s respondents think […]
On Nov. 9, 2022, a day after the news broke regarding Binance planning to purchase the exchange FTX, the crypto economy dropped 11.17% in 24 hours. The crypto economy has slid under $900 billion for the first time since January 2021. The Binance and FTX news has come as a shock to a lot of […]
On October 13, 2022, Tether Holdings Limited announced that the stablecoin issuer has reduced the company’s commercial paper holdings down to zero. The company has said it would reach this goal for a while now, and Tether says that shrinking commercial paper holdings down to zero “demonstrates Tether’s commitment to backing its tokens with the […]
On Monday, the chief technology officer of Tether Holdings Limited, Paolo Ardoino, explained that U.S. Treasury bills represent more than 58% of the company’s reserves. The announcement follows Tether hiring the accounting firm BDO Italia and the stablecoin issuer’s quarterly attestation, which had shown a decrease in commercial paper holdings. Tether’s Commercial Paper Holdings Shrank […]
While there’s 50 days left until the week of September 19, the crypto community has been discussing whether or not Ethereum developers will delay the penciled-in date for The Merge. Moreover, on July 27, the crypto hedge fund Galois Capital published a survey on Twitter that indicates more than 33% of the survey’s respondents think […]