Tag: backed
PayPal PYUSD stablecoin is 100% backed: Paxos transparency report
Stablecoin issuer Paxos has published the first transparency report for the Ethereum-based stablecoin PayPal USD (PYUSD), stating that the coin is ful [...]
TRYB Stablecoin Backed by Turkish Lira From BiLira Ranks Second to Tether’s EURt in Non-Dollar-Backed Tokens
Still, even though TRYB looks to have gathered traction in Turkey, USDT remains dominant. In the past 24 hours, the USDT/TRY pair listed on the larges [...]
Peter Meijer, Republican Who Backed Impeachment, Eyes Michigan Senate Race
Former Representative Peter Meijer, who lost his Republican House primary last year after voting to impeach President Donald J. Trump, has formed an e [...]
Americana, Backed by Reddit Co-Founder Ohanian, Launches On-Chain Service For High-End Collectibles
Americana CEO Jake Frey, who previously founded a private design studio specializing in digital products and has worked with Apple, Snapchat, Shopify [...]
The G.O.P. Backed Gal Luft on Hunter Biden Claims. Now He’s Indicted.
The co-director of Maryland-based research group who claims to have damaging information about Hunter Biden has been charged with arms trafficking, sa [...]
Sam Bankman-Fried backed out of FTX sponsorship deal with Taylor Swift: Report
The sponsorship deal between defunct cryptocurrency exchange FTX and Taylor Swift was reportedly called off at the request of former CEO Sam Bankman-F [...]
WWE: John Cena's UK WrestleMania call backed by MPs
Legend John Cena told British fans he wants WWE's main event to come the UK - but could it happen?
www.bbc.co.uk [...]
New Crypto Exchange Backed by Fidelity, Schwab and Citadel Launches With Additional Investors
One thing that separates EDX Markets from other crypto exchanges is that it doesn’t custody customers’ digital assets. Instead, users will have to go [...]
Crypto Startup Hourglass, Backed by Electric Capital, Starts Unique Marketplace to Trade Locked Up DeFi Assets
Like any secondary market, the platform will allow for a discount on the TBTs based on the duration of the locked-up asset. For example, a trader coul [...]
The Reserve Bank of Zimbabwe to Introduce Gold Backed Digital Currency: The Sunday Mail
The tokens will be a form of electronic money backed by the country's gold reserves, which will be held by the central bank. RBZ wants people holding [...]
Crypto exchange backed by 3AC founders launches with claims trading plans
Su Zhu and Kyle Davies, founders of the collapsed hedge fund Three Arrows Capital (3AC), have announced the launch of the crypto project Open Exchange [...]
Kushner’s Firm Was Backed by Investments From the Emirates and Qatar
The infusion of money from interests in the two Persian Gulf monarchies reflects the close ties to Middle Eastern nations established by Jared Kushner [...]
Hancock backed pressuring MP into voting for lockdown, messages reveal
The then-health secretary discussed blocking a disability unit in a MP's town ahead of a vote on Covid tiers.
www.bbc.co.uk [...]
Frax’s shift to a fully backed stablecoin signals the end of DeFi’s algorithmic experiment
The Frax community recently approved a proposal to make its FEI stablecoin fully backed by USD equivalents, rather than maintaining a partially backed [...]
Was Silvergate on Borrowed Time as Regulators Backed Banks Away From Crypto?
“Clearly, they're urging extreme caution,” said Alexandra Barrage, a banking lawyer at Davis Wright Tremaine who was previously a senior official at t [...]