
Tether Reduces Its Commercial Paper Exposure to Zero as It Embraces US T-Bills
As of July 1 this year, Tether Holdings said its commercial paper exposure was approximately $3.5 billion, and it expressed its plans to cut this to 0 before year-end.
As of July 1 this year, Tether Holdings said its commercial paper exposure was approximately $3.5 billion, and it expressed its plans to cut this to 0 before year-end.
Bitcoin and the broader crypto market bounced back immediately in hours following the release of the US CPI inflation data on Thursday.
About 90% of the funds will go into core portfolios of between 20 to 25 positions.
Uniswap Labs said that the recent funding will help them focus on more product launches in the coming days.
The El Salvador Bitcoin experiment has so far proven to be more of a miss as the nation weathers several fiscal constraints.
Dimplx noted that the amended financial statements by Binance Digital “remain unreliable for the purposes of determining the present fair value of Dimplx Limited’s shareholding in Binance Digital”.
The Huobi token spiked to a four-month high of $7.54 earlier.
The lawsuit from Custodia Bank is not an uncommon move from a crypto-linked entity that feels regulation is not being fairly administered.
Speaking on the primary arguments surrounding the fork, Binance founder and chief executive officer Changpeng Zhao, said that decentralization is not “black-and-white”.
Investors in crypto need to make a conscious decision of whether or not to employ such systems in their overall strategy.
The e-CNY pilot program has already expanded to 23 cities and regions in 15 provinces and provincial-level cities.
BVNK is also working with other local regulators and is committed to expanding its business into more markets around the world.
Coin Center is suing Treasury for “unlawfully” sanctioning Tornado Cash and implying that privacy-focused users are criminals.
Last year, Cathie Wood predicted that Bitcoin would trade at $500,000 by 2026.
A couple of months ago, the company also received regulatory approval from Italian authorities