USDC will continue to only support Ethereum PoS

Aug 10, 2022

USDC will continue to only support Ethereum PoS

Circle’s test environment is already connected to the Goerli testnet, whose merger will be followed by an upgrade of the main blockchain

Citigroup announces search for cryptocurrency risk manager

Aug 9, 2022

Citigroup announces search for cryptocurrency risk manager

The specialist will be in charge of all issues related to risk management in the field of digital assets, stablecoins and DeFi

Galaxy Digital’s net loss more than triples in a year

Aug 8, 2022

Galaxy Digital’s net loss more than triples in a year

The company’s loss in the second quarter of 2022 amounted to $554,7 million

Beanstalk developers relaunched BEAN stablecoin four months after the hack

Aug 8, 2022

Beanstalk developers relaunched BEAN stablecoin four months after the hack

In a vote on August 5, users holding more than 99% of BEAN tokens supported the relaunch of the stablecoin

Mastercard CFO: cryptocurrency is not a means of payment

Aug 5, 2022

Mastercard CFO: cryptocurrency is not a means of payment

According to Sachin Mehra, stablecoins and central bank digital currencies are more suitable instruments for exchange

Bank of Japan refuses to issue digital yen

Aug 3, 2022

Bank of Japan refuses to issue digital yen

The decision was made due to a lack of public interest

Binance discloses the composition of BUSD reserves

Aug 3, 2022

Binance discloses the composition of BUSD reserves

The asset is backed by US Treasury bills and repo agreements, as well as fiat currency

Tether explains hedge funds’ losses on shorting USDT

Aug 1, 2022

Tether explains hedge funds’ losses on shorting USDT

The company noted that speculators would not be able to make money on short positions, because most of them do not understand the principles of the asset

Argentine FC makes a transfer for $8 million in cryptocurrency

Aug 1, 2022

Argentine FC makes a transfer for $8 million in cryptocurrency

The transaction is considered an export operation, so Banfield must convert the funds received into pesos on the official exchange market

Aave DAO approves the launch of decentralized stablecoin GHO

Aug 1, 2022

Aave DAO approves the launch of decentralized stablecoin GHO

The new asset will be launched after a full security audit

Miners’ search by “heat maps” in Russia and the 90% collapse of the NIRV stablecoin. Key events of the week

Jul 29, 2022

Miners’ search by “heat maps” in Russia and the 90% collapse of the NIRV stablecoin. Key events of the week

The most important industry news and detailed analysis of the cryptocurrency market in GetBlock Magazine's weekly review

Nirvana DeFi protocol’s stablecoin crashes by 90% in an exploit

Jul 28, 2022

Nirvana DeFi protocol’s stablecoin crashes by 90% in an exploit

The attackers withdrew $3,5 million by manipulating the price oracle and inflating the value of the project’s tokens, ANA