Tether Confirms Slashing of Commercial Paper Holdings
BDO Italia said that Commercial Paper Holdings had dropped by 58% to $8.5 billion at the end of the last quarter. BDO Italia has confirmed stablecoin issuer Tether’s consolidated reserves report, which showed a 58 percent quarterly drop in commercial paper holdings to $8.5 billion as of June 30.Tether also confirmed that it still expects […]
Wife of Detained Tornado Cash is barred from speaking with Him
Ksenia Malik reportedly said that Dutch officials are punishing her husband(the developer of Tornado Cash) as if he “were a dangerous criminal.” Hence, a protest is planned. Alexey Pertsev’s wife, Ksenia Malik, has blasted Dutch police for treating her husband like a “dangerous criminal” after his detention last week and that the development of open-source […]
Nigeria targets the unbanked as it adds features to eNaira.
Participants at the eNaira Hackathon were informed that the CBDC would become more appealing and accessible as a result of technological advancements. According to Nigerian Central Bank governor Godwin Emefiele, who was speaking at the 2022 eNaira Hackathon in Abuja on Thursday, the eNaira, the country’s central bank digital currency (CBDC), would enter the second […]
Report: Robinhood gets 60% off $170M exchange purchase.
Due to unfavorable market circumstances, Robinhood, the US-based stock and cryptocurrency trading platform allegedly obtained a 60% discount on the first offer offered to Ziglu. Because of unfavorable market conditions, stock and cryptocurrency investing platform Robinhood allegedly received a 58% discount on its $170 million bid to purchase crypto exchange Ziglu. Robinhood made its original […]
ETHPOW Hype ends as Would-Be Token’s Price depreciates
On exchanges where the digital asset is listed, there is still little interest among cryptocurrency traders to bet on ETHPOW Some cryptocurrency exchanges hurried to offer ETHPOW, the token of a hypothetical, competing Ethereum protocol, earlier this month in the hopes that cryptocurrency traders would wager on the token’s price even before it was released. […]