Paxos, a regulated blockchain company, recently presented the basket of resources that back its stablecoins. Paxos Standard (PAX) and Binance USD (BUSD) are reportedly backed almost 100% by cash and cash equivalents. Dan Burstein, CCO of Paxos, harshly criticized Tether and Circle, issuers of other stablecoins, stating their products we’re not really stablecoins. Paxos Reveals […]…
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Ethereum 2.0 could snuff out intentional blockchain reorgs, one form of MEV….
Continue reading on https://decrypt.co/76570/how-ethereum-miners-could-exploit-network-how-fix-it
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Those working behind the biggest stablecoin say an audit is coming….
Continue reading on https://decrypt.co/76541/tether-audits-months-not-years-general-counsel
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Regulation news
"Make no mistake: It doesn’t matter whether it’s a stock token, a stable value token backed by securities, or any other virtual product that provides synthetic exposure to underlying…
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At the EthCC conference, SushiSwap announced the launch of four different styles of trading platform which take ideas from throughout DeFi….
Continue reading on https://decrypt.co/76423/sushiswap-unveils-4-new-crypto-trading-products-ethereum-paris-conference
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Authorities in Hong Kong have arrested four people suspected of money laundering a total of $155 million through cryptocurrency wallets and bank accounts. The city’s customs agency said this was its first case in which virtual money had been used to launder dirty cash. Money Laundering Syndicate Recycles $155 Million in Crypto and Fiat Transactions […]…
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While most digital currency markets are down in value, a token called axie infinity, the native coin tethered to the blockchain-based trading and battle game of the same title, has reached new price highs jumping to $21.55 on Tuesday. The Axie Infinity platform has seen massive demand in recent days, and other tokens from the […]…
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The British man who accidentally threw away a computer with 7,500 bitcoins on its hard drive has come up with a new plan to retrieve his lost coins from the city landfill. “We estimate there are between 300,000 – 400,000 tons of waste to look through,” he said. Man on Mission to Retrieve 7,500 Lost […]…
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The controversial stablecoin project is looking for someone to “advocate for the company.”…
Continue reading on https://decrypt.co/75414/tether-is-hiring-a-reputation-manager
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A tie-up between two significant Ethereum infrastructure providers could be a boon for the world of dapps….
Continue reading on https://decrypt.co/75366/alchemy-polygon-dapps
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