Bybit will raffle $5000 in USDT as part of the launch of the GrabPic NFT marketplace

Aug 13, 2022

Bybit will raffle $5000 in USDT as part of the launch of the GrabPic NFT marketplace

Customers of the new platform will be able to buy non-fungible tokens with no fee and then resell them on other platforms

MakerDAO co-founder proposes to exclude USDC from DAI reserves

Aug 12, 2022

MakerDAO co-founder proposes to exclude USDC from DAI reserves

Rune Christensen’s initiative is designed to eliminate the risk of asset freezing after the Tornado Cash mixer was put on the US sanctions list

Santiment: supply of USDT on exchanges increased by 22% in three months

Aug 10, 2022

Santiment: supply of USDT on exchanges increased by 22% in three months

According to the company’s analysts, this can be a sign of “a 2-year high in buying power”

Tether to support Ethereum’s transition to PoS

Aug 10, 2022

Tether to support Ethereum’s transition to PoS

The company called this event one of the most significant moments in blockchain history

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