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Tag: overcollateralized

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Crypto With Confidence: Best Bets from our Crypto Risk Scorecard

Investing in crypto, like investing in any asset, carries some risk. From inexperienced teams to bugs in a smart contract, a lot can go...

Tether Smashes Profit Records: $2.85 Billion Surge in Q4 2023

Stablecoin issuer Tether experienced a “record-breaking” net profit surge, amounting to $2.85 billion in the fourth quarter of 2023. Around $1 billion of this...

Creating asset-backed stablecoins with the Reserve protocol – The Defiant

Thomas Mattimore is the CEO of ABC Labs, the company behind the development and promotion of the Reserve protocol, a permissionless platform that empowers...

Marginfi Airdrop Guide, Strategy, and Points System Explained | BitPinas

In July 2023, a marginfi intern mentioned the firm’s plans to implement a points system, hinting at an upcoming airdrop. Before looking...

Binance Hit By $1 Billion Outflows Since Historic $4.3B DOJ Settlement, Founder CZ’s Ousting

Advertisement &nbsp &nbsp As much as $1 billion has been pulled from Binance over the last 24 hours, data firm Nansen said, after the...

Is Binance Big Enough to Survive a $4.3B Fine and Founder CZ’s Ousting?

Further, Binance appears to be overcollateralized for many of the largest assets on its books, like bitcoin (BTC), ether (ETH), tether (USDT) and others,...

Best Stablecoins, Rated and Reviewed for 2024

USDC 5.0The USD Coin was developed by the Centre consortium founded by Circle, a peer-to-peer payments company based in Boston, Massachusetts.Read our review USDT 4.5Tether...

US Judge Dismisses Class Action Lawsuit Against Tether and Bitfinex

A United States judge has concluded the dismissal of a class action lawsuit against stablecoin issuer Tether and its affiliate crypto exchange Bitfinex,...

Passive income with DeFi: 10 ways to grow Crypto wealth

Discover 10 creative ways to increase crypto wealth passively with decentralized finance (DeFi) The financial landscape is being revolutionized by Decentralized Finance, or DeFi for short....

Latest update — Former FTX CEO Sam Bankman-Fried trial [Day 14]

Cointelegraph reporters are on the ground in New York for the trial of former FTX CEO Sam “SBF” Bankman-Fried. As the saga unfolds, check...

This Trader Is On The Brink Of Losing Money, Will Selling WBTC On Aave V2 Help?

A trader on Aave, a decentralized liquidity protocol operating on multiple platforms, including Ethereum and OP Mainnet, has begun selling wrapped Bitcoin (WBTC) to repay outstanding...

The Fed and web3: Understanding the U.S. central banking system’s approach to all things crypto

Despite some concerns within the web3 community about the Federal Reserve’s understanding of the evolving digital landscape, recent evidence suggests that these fears may...

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