Cheese Bank’s multi-million dollar hack explained by security firm
Nefarious parties are using flashloans in conjunction with stablecoins to steal DeFi funds from platforms.
Tag: Usdt
Privacy should be at the core of CBDCs, says Boston Fed research director
Privacy should be a key talking point from the beginning of CBDC development.
Huobi says all is fine amid massive USDT exchange deposits and BTC withdrawals
Does someone know something the public doesn’t?
Bitcoin volume unaffected by Tether’s (USDT) market dominance — Data shows
Tether’s USDT stablecoin dominates crypto market volumes but data shows its $15.7B market cap does not negatively impact Bitcoin’s volume.
Origin Debuts OUSD, a Stablecoin That Works Like a Savings Account
Origin is announcing Origin Dollars, or OUSD, a stablecoin whose reserves leverage decentralized finance (DeFi) so that balances grow wherever it resides.
US banking regulator authorizes federal banks to hold reserves for stablecoins
Federal banks in the U.S. see new capacity to provide services to crypto firms, specifically stablecoin operators.
Tether market cap increases almost 4X in 2020 to $15 billion
Tether supply surges to $15 billion but it could still be a house of cards
Record $113M BUSD stablecoin inflow shows Binance is serious about DeFi
The rapidly growing market cap of Binance’s BUSD stablecoin shows the exchange is taking serious steps to become a major DeFi contender.
New York Attorney General to Bitfinex and Tether: ‘Delays Must Stop’
Bitfinex and Tether shouldn’t need more than two months to produce documents about USDT issuances and past operations in New York first ordered 17 months ago, an NYAG lawyer argued in a letter Monday.
Analyst: it’s “scary” how much of DeFi runs on Tether and USD Coin
Decentralized finance (DeFi) has seen a massive explosion over recent weeks and months, reaching a total value locked of $7.13 billion according to DeFi Pulse.
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