WSJ points to the possible insolvency of Tether

Aug 29, 2022

WSJ points to the possible insolvency of Tether

The journalists came to this conclusion after analyzing the assets and liabilities of the issuer of the largest stablecoin

MakerDAO co-founder suggests the community depeg the DAI stablecoin from the dollar

Aug 29, 2022

MakerDAO co-founder suggests the community depeg the DAI stablecoin from the dollar

This move is designed to protect the asset from regulatory uncertainty amid the situation with Tornado Cash and USDC

Stablecoin USDN loses its peg to the dollar for the fourth time in 4 months

Aug 26, 2022

Stablecoin USDN loses its peg to the dollar for the fourth time in 4 months

The value of the asset deviated significantly from the fiat currency rate in April, May, and June

New date for The Merge of ETH and Russians’ plans to buy crypto. Main events of the week

Aug 26, 2022

New date for The Merge of ETH and Russians’ plans to buy crypto. Main events of the week

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

Media: Tether does not block USDT related to banned crypto mixers

Aug 25, 2022

Media: Tether does not block USDT related to banned crypto mixers

The company believes that the US rules do not apply to their operating jurisdiction

Binance will cancel fees for trading Ethereum in pairs to BUSD

Aug 24, 2022

Binance will cancel fees for trading Ethereum in pairs to BUSD

The promotion will last from August 26 to September 26, 2022

Stability algorithms. What awaits decentralized stablecoins

Aug 23, 2022

Stability algorithms. What awaits decentralized stablecoins

What is the potential of algorithmic stablecoins, and how to protect them from collapse

Glassnode: volume of USDC at the addresses of large holders reaches a 22-month low

Aug 23, 2022

Glassnode: volume of USDC at the addresses of large holders reaches a 22-month low

The number of exchange deposits reached a 17-month low and amounted to 138 250 on August 22

United Texas Bank CEO proposes to allow only banks to issue stablecoins

Aug 21, 2022

United Texas Bank CEO proposes to allow only banks to issue stablecoins

Scott Beck noted that if assets are considered “money,” then banks will become the proper economic entity to issue and manage them

HUSD developers explained the reason for the loss of the peg of the stablecoin to the dollar

Aug 20, 2022

HUSD developers explained the reason for the loss of the peg of the stablecoin to the dollar

The team reported that the loss of parity was caused by the closure of market maker accounts in some regions

Independent Tether audit reveals 58% decrease in commercial paper holdings

Aug 20, 2022

Independent Tether audit reveals 58% decrease in commercial paper holdings

According to the report, the issuer’s total assets exceed its consolidated liabilities and total $66,4 billion and $66,2 billion, respectively

Tether to begin issuing monthly reports on USDT reserves

Aug 19, 2022

Tether to begin issuing monthly reports on USDT reserves

To this end, the stablecoin issuer brought in specialists from BDO Italia as a replacement for MHA Cayman employees