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Tag Archives: Reserves

El Salvador Moves Bitcoin Reserves to Cold Storage Vault read full article at worldnews365.me

On March 14, 2024, El Salvador’s president-elect, Nayib Bukele, unveiled a historic bold maneuver that echoed across the Bitcoin world: El Salvador confirmed the transfer of a substantial portion of its Bitcoin holdings into cold storage, securely kept within a vault in its national borders. This strategic decision marks a …

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Bitcoin ETFs See New ATH, Coinbase Reserves Hit 2015 Low read full article at worldnews365.me

Spot Bitcoin Exchange-Traded Funds (ETFs) saw yet another record-breaking day yesterday, with inflows reaching a new daily all-time high (ATH). This surge in investment comes at a time when Coinbase, the leading US crypto exchange and custodian for eight of the ten spot ETFs, reports its BTC reserves at their …

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Binance’s New Proof Of Reserves: Are All Assets Backed? read full article at worldnews365.me

Binance, the world’s preeminent crypto exchange, has published its fourteenth Proof of Reserves (PoR), offering a detailed glimpse into its reserves as of January 1, 2024. This latest disclosure comes at a time when trust and transparency are pivotal in the crypto industry, especially in the aftermath of major upheavals …

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MicroStrategy Grows Bitcoin Reserves By 14K BTC Ahead Of ETF Approval read full article at worldnews365.me

MicroStrategy (MSTR), a prominent Bitcoin holding company, has once again expanded its BTC holdings with a substantial purchase of 14,620 Bitcoin, amounting to a staggering $615.7 million.  The former CEO of the American business intelligence (BI) firm announced the acquisition, highlighting the company’s continued confidence in Bitcoin’s long-term potential.  With …

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Gate.io Implements Zero-Knowledge Tech in New Proof of Reserves Method read full article at worldnews365.me

[PRESS RELEASE – Panama City, Panama, November 23rd, 2023] Gate.io, a leading cryptocurrency exchange and Web3 innovator, has announced upgrades to its Proof of Reserves (PoR) process, which includes a new open-source method utilizing zero-knowledge technology. Following the upgrade, the PoR process will now cover the top 100 digital assets, …

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Tether Publishes Q3 2023 Attestation Report with Highest Ever Cash and Cash Equivalent Reserves read full article at worldnews365.me

The recently published Tether report for Q3 2023 show that the company’s cash reserves are healthy and secured loans have been reduced. Tether Holdings Limited, the company responsible for the world’s largest stablecoin by market cap, USDT, has published its attestation for Q3 of 2023. According to Tether, the attestation re-affirms that …

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CBDC Resistance: Republican Bill Takes Aim At Federal Reserve’s Digital Dollar Plans read full article at worldnews365.me

According to a recent Fox Business report, in a significant move to counter the growing momentum behind Central Bank digital currency (CBDC), House Majority Whip Tom Emmer is set to reintroduce the Central Bank Digital Currency Anti-Surveillance State Act.  The Republican-backed bill aims to thwart the Federal Reserve (Fed) and …

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Merkel Tree-based Proof of Reserves Data released with New Assets stUSDT and stETH read full article at worldnews365.me

[PRESS RELEASE – Singapore, Singapore, August 15th, 2023] The latest Merkle tree asset proof data in August 2023 includes an update on ETH & stETH and USDT & stUSDT. Users can view Huobi reserves in detail on the asset audit page of Huobi’s official website. The available information includes reserve …

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OKX Releases Industry Leading 9th Consecutive Proof of Reserves in July, Showing $11.3 billion in Primary Assets read full article at worldnews365.me

[PRESS RELEASE – HONG KONG, HONG KONG, July 26th, 2023] OKX, a leading crypto exchange by trading volume and Web3 technology company, has published its industry-best ninth consecutive monthly Proof of Reserves (PoR), showing a balance of USD$11.3 billion in BTC, ETH and USDT. OKX’s PoR covers 22 commonly used …

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Tether Smashes Records, $1.48 Billion Profit In Q1- Surplus Over Reserves Hits All-Time High read full article at worldnews365.me

Tether Holdings Limited, the issuer of the world’s largest stablecoin, USDT, has published its Q1 2023 Assurance Report, attested to by BDO Italia, a top five-ranked global independent public accounting firm. The report re-affirms the accuracy of Tether’s Consolidated Reserves Report (CRR), which details the assets held by the group …

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100% Of USDC Reserves Are Safe As U.S. Gov’t Bails Out Silicon Valley Bank read full article at worldnews365.me

The monetary sector has endured a couple of chaotic days. Particularly, for USDC stablecoin and Silicon Valley Financial institution and its stakeholders, for the reason that lender swung from being presumed strong and worthwhile to being shut down by authorities in lower than 48 hours. Now, a lifebuoy has simply …

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PSP’s Affordable Homes Scheme is a ‘prepaid rental scheme’ that would raid reserves: Indranee Rajah read full article at worldnews365.me

SINGAPORE: An Reasonably priced Properties Scheme proposed by the Progress Singapore Celebration (PSP) is in substance a pay as you go rental scheme with an “option to buy”, mentioned Second Minister for Nationwide Improvement Indranee Rajah in Parliament on Tuesday (Feb 7). She additionally mentioned that the scheme would raid …

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