Reserves

Markets

Stablecoin

Scrutiny Falls on $43B USDC Stablecoin’s Cash Reserves at Failed Silicon Valley Bank

Circle’s USDC, the second-largest stablecoin, with $43 billion market capitalization, held an undisclosed part of its $9.8 billion cash reserves at failed Silicon Valley Bank.

By Krisztian Sandor

Sponsored

Mar 10, 2023 at 7:35 p.m. UTC

Mar 10, 2023

StablecoinCircleUSDCReservesMarketsTradingInvestingSilvergate BankSilicon Valley BankSignature Bank

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Finance

Binance

Binance Shifts to ‘Semi-Automated’ Process to Manage Reserves of Tokens It Issues

Reserves for these tokens had previously been mixed with customer funds.

By Nelson Wang

Sponsored

Feb 22, 2023 at 7:28 p.m. UTC

Feb 22, 2023

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Finance

Cryptocurrency exchange

Indian Crypto Exchange Giottus Says It Will Provide Proof of Reserves, While Rivals Remain Silent

While lesser known than many, Giottus is among the top 10 cryptocurrency exchanges in India.

By Amitoj Singh

Sponsored

Nov 10, 2022 at 4:15 p.m. UTC

Nov 10, 2022

Cryptocurrency ExchangeIndiaReservesTransparencyMerkle Science

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Negocios

No-livewire

Binance publica direcciones de billeteras con US$69.000M en reservas cripto

El exchange dijo que mostrará sus pruebas de fondos en las próximas semanas.

By Parikshit Mishra

Sponsored

Nov 10, 2022 at 2:13 p.m. UTC

Nov 10, 2022

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Finance

Tether

New Auditor for Stablecoin Issuer Tether Confirms Slashing of Commercial Paper Holdings

BDO Italia said the holdings fell 58% to $8.5 billion at the end of the most recent quarter.

By Oliver Knight

Sponsored

Aug 19, 2022 at 12:55 p.m. UTC

Aug 19, 2022

TetherStablecoinAuditingReserves

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Finance

Tether

Tether Swaps Accounting Firms, Says It Will Publish Monthly Attestation on Stablecoin Backing

BDO Italia will take over from MHA Cayman.

By Nikhilesh De

Sponsored

Aug 18, 2022 at 12:00 p.m. UTC

Aug 18, 2022

TetherStablecoinsAttestationsReserves

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Markets

Usdc

Circle’s Detailed Reserve Report Shows Only Cash, Short-Term Treasurys Back USDC Stablecoin

The asset breakdown comes at a time when crypto firms and their finances are under increasing scrutiny in the ongoing crypto credit crisis.

By Krisztian Sandor

Sponsored

Jul 14, 2022 at 6:27 p.m. UTC

Jul 14, 2022

USDCStablecoinCircleReserves

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Finance

Investing

Animoca Brands’ Investment Portfolio Now Worth Over $1.5B

The gaming investment firm also reported $573 million in bookings and other income for the first four months of 2022.

By Brandy Betz

Sponsored

Jun 6, 2022 at 1:43 p.m. UTC

Jun 6, 2022

InvestingAnimoca BrandsDigital AssetReservesDigital Asset Holdings

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Finance

Tether

Tether Cut Commercial Paper Reserve by 17% in Q1, Accountants Say

The reduction has continued with a further 20% cut since April 1, which will be reflected in the Q2 report, the stablecoin issuer said.

By Jamie Crawley

Sponsored

May 19, 2022 at 2:49 p.m. UTC

May 19, 2022

TetherAccountingStablecoinReserves

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Finance

Ust

What Happened to the $3.5B Terra Reserve?

Blockchain analytics firm Elliptic follows the money to major exchanges Gemini and Binance.

By Ian Allison

Sponsored

May 14, 2022 at 8:50 p.m. UTC

May 14, 2022

USTTerraDo KwonEllipticReserves

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