Bybit has forged a strategic alliance with Ethena Labs, bringing forth Ethena's USDe stablecoin to the Bybit platform. USDe, a decentralised monetary solution, operates independently from traditional banking systems. It leverages delta-hedging staked Ether (ETH) for comprehensive collateral backing.
JoyThe stablecoin issuer now only holds cash and repurchase agreements to back its USDC stablecoin’s value.
OthersWe introduce an array of proof-of-reserve metrics to easily monitor the balances of exchanges' on-chain reserves held in self-reported addresses.
GlassnodeIn the following, I describe two fundamental flaws of existing Merkle Tree proof-of-reserve methods and offer some ideas on how to improve them.
CointelegraphAfter the FTX and Binance saga, crypto exchanges are left scrambling to publicly release their proof-of-reserves audit; some have done so, some intend to.
CatherineThe USDC issuer has started investing funds into its CRF (Circle Reserve Fund) to ensure that holders can redeem their coins when they want.
BitcoinistGeneva, Switzerland / July 21 / – The TRON DAO Reserve (TDR) has officially answered some frequently asked questions from ...
BitcoinistBitcoinistHindenburg Research, which offered a $1 million bounty for information on Tether's reserves, said Tether hadn't actually disclosed any information "about its counterparty."
CointelegraphCoinShares noted that inflows into digital asset investment products totaled $109 million last week despite “weak prices and the negative impact of looming conflict in Eastern Europe.”
Cointelegraph