Tag Archives: reserves

Circle Releases Another Attestation Report on Stablecoin USDCs USD Reserves

n The latest third-party audit of its USD-pegged stablecoin USD Coin has been published by Goldman Sachs-backed crypto finance startup Circlen CryptScout #BitFeed RSS – Bitcoin and Cryptocurrency News 24/7

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Circle Releases Another Attestation Report on Stablecoin USDC’s USD Reserves

The latest third-party audit of its USD-pegged stablecoin USD Coin has been published by Goldman Sachs-backed crypto finance startup Circle Cointelegraph.com News

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Changes to Tethers Terms of Reserves Raises Fresh Concerns

n Cryptocurrency community members are speculating that Tether is not being openly transparent about its reserves after changes to its website.n CryptScout #BitFeed RSS – Bitcoin and Cryptocurrency News 24/7

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Changes to Tether’s Terms of Reserves Raises Fresh Concerns

Cryptocurrency community members are speculating that Tether is not being openly transparent about its reserves after changes to its website. Cointelegraph.com News

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Tether Updates Website, Says USDT Backed by Reserves, Not Just Cash

n nn nn Tether just updated its website to clarify that each of its USDT tokens, which it used to claim were always backed 1-to-1 with traditional currency, are backed by assets other than fiat currency.Now, the website instead reassures its patrons that its always 100 backed by its reserves. It clarifies this vague language, even legalistic language, by saying ...

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Blockstream Open Sources Development of Its Proof of Reserves Tool

n nn nn On February 4, 2019, blockchain tech company Blockstream announced the development of a proof of reserves tool to standardize the authenticity of exchanges crypto reserves. The Bitcoin development company has submitted a Bitcoin Improvement Proposal BIP to the bitcoin-dev mailing list for consideration.Blockstream stated that it is open-sourcing the development of the tool for feedback from the ...

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Circle Releases Third Audit Report of Stablecoin USDC’s Dollar Reserves

Circle releases yet another third-party audit report of the USD reserves backing its stablecoin, USDC Cointelegraph.com News

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Nick Szabo: Central Banks May Turn to Cryptocurrency Reserves Over Gold

At the Israel Bitcoin Summit at Tel Aviv University on Jan. 8, veteran cryptographer Nick Szabo explained that the use of censorship-resistant cryptocurrencies will rise in countries sanctioned from trade and economies suffering from failed monetary planning. Szabo also argued that the world’s central banks might turn to cryptocurrency reserves in the future in order to supplement national gold reserves. ...

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