Circle Says USDC Reserve Backed Entirely in Cash and Short-Dated US Treasuries – Bitcoin News

On May 13, Circle’s chief financial officer Jeremy Fox-Geen published a blog post called “How to Be Stable,” following the aftermath of Terra’s stablecoin implosion. Circle’s CFO explained that since usd coin’s inception, the stablecoin aims to be “the most transparent and trusted dollar digital currency.” Terra’s Stablecoin De-Pegging Incident Has Cast a Spotlight on the Entire Stablecoin Economy For a few years now, stablecoin assets have been a popular hedging vehicle among many participants within the cryptocurrency community. In more recent times, stablecoins are being loaned out in great…

📌 FERROU: Coinbase: “Caso Falirmos, suas Criptomoedas serão Nossas” 🤷🏻‍♂️

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Em documento enviado a Comissão de Valores Mobiliários (CVM — ou SEC) dos EUA, é possível encontrar a posição da Coinbase em como a mesma tratará os fundos dos usuários caso a empresa declare falência. Em outras palavras, os fundos dos usuários serão da empresa. ————— KriptoBR – Revenda Oficial América Latina ————— ——— Grupo Telegram KriptoBr ———- REDE SOCIAIS ————— ————— #coinbase #falência #notyourcoins ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Bitcoin price reclaims $30K as Bitcoin Cash hits fresh record low against BTC

Bitcoin (BTC) bounced back from ten-month lows on May 11 as the start of Wall Street trading gave bulls some relief. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView One day, $860 million more crypto liquidations Data from Cointelegraph Markets Pro and TradingView showed BTC/USD erasing the impact of above-expectation United States inflation data, hitting $32,000 on Bitstamp. April’s consumer price index (CPI) print has sent the pair into a fresh tailspin, with $30,000 giving way to levels not seen since July 2021. As turmoil over Terra, its LUNA and TerraUSD (UST)…

UST’s Do Kwon Was Behind Failed Stablecoin Basis Cash

“Yo degens, anyone remember what Basis was? It was one of the early ‘DeFi’ algorithmic stablecoins with high ambitions, but it was shut down due to SEC-related risks,” said Rick’s since-deleted Telegram account in the Basis Cash Telegram channel on Aug. 20, 2020. “Today we’re bringing Basis back from the grave.” Source

Bitcoin Cash to Include Bigger Integers and Native Introspection in Upcoming Upgrade – Bitcoin News

Bitcoin Cash is preparing to include two significant improvements in its upcoming upgrade. Programmed to happen on May 15, the Bitcoin Cash Improvement Proposals (CHIPs) approved to be included are CHIP-2021-03, which brings bigger script integers to the chain, and CHIP-2021-02, which has to do with the activation of native introspection opcodes, directed to simplify the writing of smart contracts called covenants. Bitcoin Cash Prepares Contract Focused Upgrade A new upgrade is on the horizon in the new one-year Bitcoin Cash upgrade schedule, modified from its previous six-month cycle during…

⌛ Grande mudança da blockchain do Ethereum 2.0 é adiada (novamente) para o segundo semestre

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io A fusão do Ethereum, que compõe uma parte fundamental da famosa atualização Ethereum 2.0, foi adiada até o segundo semestre de 2022, será que agora vai ? heheheh ————— KriptoBR – Revenda Oficial América Latina ————— ———- Grupo Telegram KriptoBr ———- REDE SOCIAIS ————— ————— #eth #ethereum #pos ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io how to withdraw our money (cryptocurrency) from coinbase to our mobile phone in a mobile card form… Link: 😄 Subscribe (IT’S FREE) 😄 : DONT CLICK IT : FREE STAFF: *** SUBSCRIBE, LIKE, COMMENT & SHARE *** Make Money Online for FREE in 2021 (available worldwide) Whether you are looking to make money fast or looking to build a long-term sustainable online business, there are many ways using which you can start making money online today. Here, you are going to find…

US needs ‘electronic tokens’ with functionality of cash — Software Freedom Law Center legal director

Mishi Choudhary, the legal director of the Software Freedom Law Center, supported the efforts of some United States lawmakers to develop an electronic version of the U.S. dollar. In written testimony for a Thursday hearing of the House Financial Services Committee on digital wallets, Choudhary said the United States needed “a currency or electronic token that is equivalent in functionality to cash, offers all of its benefits including anonymity, privacy, autonomy, no transaction fee and addresses all of its flaws.” Her description suggested a token with many of the benefits…

ETH Mixer Tornado Cash Reveals Blocking OFAC Sanctioned Ethereum Addresses via Chainalysis Oracle Contract – Bitcoin News

According to the project’s official Twitter account, Tornado Cash, the ethereum mixing service that allows participants to shuffle ether, is blocking flagged ethereum addresses listed on the Office of Foreign Assets Control’s (OFAC) Specially Designated Nationals And Blocked Persons list (SDN). The decision follows the recent OFAC update, that lists the Ronin exploiter’s ethereum address, and further notes that the ether wallet is allegedly associated with the infamous North Korean hackers, Lazarus Group. Ethereum Mixer Tornado Cash Blocks OFAC Sanctioned Addresses Tornado Cash announced on April 15, 2022, that the…

Tornado Cash says it’s using Chainalysis oracles to block access from OFAC sanctioned addresses

On Friday, Tornado Cash announced that it was using oracle contracts from Chainalysis to block wallet addresses sanctioned by the U.S. Office of Foreign Assets Control, or OFAC. The move comes after the U.S. Department of the Treasury linked North Korean cybercriminal Lazarus Group as an alleged perpetrator for the recent $600 million+ Ronin Bridge exploit. As told by blockchain analytics firm Elliptic, the hackers have sent approximately $80.3 million worth of Ether (ETH) through Tornado Cash. “Maintaining financial privacy is essential to preserving our freedom; however, it should not…