Tag: 700M

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Crypto Lender MakerDAO Boosts U.S. Treasury Holdings With $700M Purchase to Strengthen DAI Stablecoin Backing

Crypto Lender MakerDAO Boosts U.S. Treasury Holdings With $700M Purchase to Strengthen DAI Stablecoin Backing

The platform is undergoing a restructuring that includes breaking up its structure into smaller, autonomous units called SubDAOs and investing in yiel [...]
Binance Lawsuit Triggers $700M in Withdrawals; Metaverse Tokens Named by SEC Lead Decline

Binance Lawsuit Triggers $700M in Withdrawals; Metaverse Tokens Named by SEC Lead Decline

The unprecedented withdrawals only reflect a small amount of Binance's reserves, according to data from CryptoQuant. www.coindesk.com [...]
Arbitrum proposal to return 700M ARB fails, whale calls it a “power play”

Arbitrum proposal to return 700M ARB fails, whale calls it a “power play”

A controversial proposal seeking the return of 700 million ARB governance tokens to Arbitrum's DAO Treasury was rejected by a massive number of votes [...]
Community wants Arbitrum Foundation to return 700M ARB to DAO Treasury

Community wants Arbitrum Foundation to return 700M ARB to DAO Treasury

As per the proposal, the Foundation should proceed with its budget plan only after returning the tokens. "This is a symbolic gesture to demonstrate th [...]
Forex reserves to get major boost as Pakistan ‘receives’ $700m from China

Forex reserves to get major boost as Pakistan ‘receives’ $700m from China

An undated image of a currency dealer counting $100 notes. — AFP/FilePakistan's dwindling foreign exchange reserves are to get a m [...]
Stablecoin Issuer Paxos Burns $700M Binance USD in 27 Hours Amid Regulatory Pressure

Stablecoin Issuer Paxos Burns $700M Binance USD in 27 Hours Amid Regulatory Pressure

The maneuver is a sign of investors exiting BUSD quickly. The $700 million redemption in a little more than a day represents some 6% of the total coin [...]
Stablecoin Issuer Tether Reports $700M Profit for Q4 2022

Stablecoin Issuer Tether Reports $700M Profit for Q4 2022

Its assets as of Dec. 31 stood at $67 billion, with liabilities of $66 billion, almost all of which relates to digital tokens issued. www.coindesk.co [...]
SBF to forfeit $700M worth of assets if found guilty of fraud

SBF to forfeit $700M worth of assets if found guilty of fraud

According to new court filings, disgraced FTX founder Sam Bankman-Fried (SBF) will be subject to the forfeiture of roughly $700 million worth of asset [...]
FTX Fallout Wipes Out $700M From Solana DeFi

FTX Fallout Wipes Out $700M From Solana DeFi

“Solana has undoubtedly taken a massive blow, and the consequences of this blow seem far more dramatic and painful than for other blockchains,” Alexei [...]
‘Long’ Crypto Traders Take on $700M in Losses as Markets Falls on FTX Contagion Fears

‘Long’ Crypto Traders Take on $700M in Losses as Markets Falls on FTX Contagion Fears

Bitcoin (BTC) and ether (ETH) declined more than 8% in the past 24 hours to reach levels previously seen in early October, putting a gradual recovery [...]
USDD stablecoin falls to $0.97, DAO inserts $700M to defend the peg

USDD stablecoin falls to $0.97, DAO inserts $700M to defend the peg

While the market has not yet fully recovered from the onslaught caused by the TerraUSD (UST) depeg, another stablecoin project shows signs of distress [...]
XRP ‘mega whales’ scoop up over $700M in second-biggest accumulation spree in history

XRP ‘mega whales’ scoop up over $700M in second-biggest accumulation spree in history

XRP addresses that hold at least 10 million native units have returned to accumulating more in the past three months, a similar scenario that preceded [...]
Half a Dozen of India’s Crypto Exchanges Searched After Alleged Rupee 700M Tax Evasion Detected: Sources

Half a Dozen of India’s Crypto Exchanges Searched After Alleged Rupee 700M Tax Evasion Detected: Sources

India’s tax authorities have conducted searches at some of India’s biggest cryptocurrency exchanges including CoinSwitch Kuber, CoinDCX, BuyUCoin and [...]
Wall Street Crypto Firm Valkyrie Is Holding a $700M Protocol Treasury

Wall Street Crypto Firm Valkyrie Is Holding a $700M Protocol Treasury

Valkyrie Investments will oversee NEM and Symbol protocol’s $700 million token treasury in a tie-up between modern-day asset managers and the digital [...]
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