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Stablecoins
USDC to Be Backed 100% by Cash, US Treasurys
The USDC developer revealed last month that only 61% of tokens were backed by "cash and cash equivalents."
Coinbase Says USDC Reserves to Be Held in Cash, Short-Term Treasurys From September
President and COO Emilie Choi in a Twitter post on Monday clarified earlier language on the crypto exchange's website.
Messari CEO Ryan Selkis on Bitcoin, Stablecoins and Crypto Regulation
Bitcoin is down about 1.3% over the past 24 hours. The next support is seen at the $42,000 breakout level, which could stabilize the pullback. Messari Founder and CEO Ryan Selkis discusses his positive analysis and outlook for bitcoin, explaining why he’s a “perma-bull.”
Crypto Made the Agenda at Last Month's Fed Meeting
This appears to be the first time the topic has come up in the seminal monthly FOMC meeting.
Facebook: Novi Digital Wallet Is ‘Ready to Come to Market’
Most states in the U.S. have approved the product.
The Race for Stablecoin Transparency
Stablecoins have been improving their reporting on reserves, but transparency makes an already difficult business model more complicated to execute, says our columnist.
Crypto Trading Startup FalconX Achieves Unicorn Status With Latest Raise
FalconX, an institutionally minded cryptocurrency trading desk, reached unicorn status with a $210 million Series C funding round that valued the firm at $3.75 billion.
Returned Funds, Blacklisted Tokens Raise More Questions Than Answers in DeFi's Biggest Hack
The Poly Network attacker has returned $342 million of their $613 million haul. Should token issuers freeze the rest?
What’s Behind Bitcoin’s Price Movement?
CoinDesk Director of Data and Indexes Galen Moore discusses the impact of whale movements, signals, and behaviors in the bitcoin market as BTC is now up over 59% year to date. Plus, his reading of trading activity in stablecoin tether and outlook for crypto regulation.