During the past 11 days, over 7 billion USDC stablecoins have been withdrawn from circulation, with most...
Search Results for: redemptions
admin January 29, 2023
The stablecoin economy continues to deplete as more than $3 billion has been erased from the stablecoin...
admin January 20, 2023
Crypto lender Genesis, a subsidiary of Digital Currency Group (DCG), has filed for Chapter 11 bankruptcy. The...
Valkyrie Reveals Intention to Sponsor Grayscale’s Bitcoin Trust as GBTC Discount to NAV Widens 

4 min read
admin January 2, 2023
Valkyrie Investments, a Tennessee-based asset manager, has announced its intention to become the new sponsor of Grayscale’s...
Report: Genesis Global Trading’s Lending Unit Suspends Withdrawals and New Loan Originations 

3 min read
admin November 16, 2022
Following Blockfi, Liquid Global, and Salt Lending halting withdrawals, reports indicate that Genesis Global Trading’s lending unit...
Shaky USDT Price Stirs Speculation Tied to Alameda Reserves, Tether Freezes 46 Million Tokens 

3 min read
admin November 10, 2022
Amid the market fluctuations on Thursday, data shows the stablecoin tether temporarily tapped a low of $0.961...
admin August 26, 2022
The largest cryptocurrency automated teller machine (ATM) operator, Bitcoin Depot, has revealed it has plans to go...
admin August 22, 2022
An analyst at the New York-based financial services and investment management company Morgan Stanley detailed on Monday...
admin August 14, 2022
Bluebenx, a Brazil-based cryptocurrency investment platform, suspended withdrawals last week due to an alleged hack that made...
admin April 13, 2021
The investment company Galaxy Digital Holdings has revealed it is joining the growing list of firms looking...