On Tuesday, the Canada-based investment firm Cypherpunk Holdings Inc. announced that the company has sold all of its bitcoin and ethereum due to the “risk
Tag: Cash
Circle Says USDC Reserve Backed Entirely in Cash and Short-Dated US Treasuries
On May 13, Circle’s chief financial officer Jeremy Fox-Geen published a blog post called “How to Be Stable,” following the aftermath of Terra’s stablecoin implosion.
Solana-Based Cashio App Hit With an ‘Infinite Mint Glitch,’ CASH Stablecoin Drops to Zero
A decentralized finance (defi) protocol called Cashio was attacked by an “infinite glitch” exploit around 9:00 a.m. (UTC), the team said on Wednesday. Following the
Spain Reduces ATM Numbers to 2002 Levels as Country Moves to Digital Payments
The number of ATMs in Spain has been progressively shrinking to levels the country saw in the year 2002. Reports from local media suggest these
Survey: 14% of Americans Want Crypto Rewards for Using Their Credit Cards
During the last few years, prepaid cards that offer cryptocurrency rewards have grown popular and a number of digital asset payment cards offer these types
64% of Adults from 10 Different Countries Would Use a Central Bank Digital Currency: Report
As central bank digital currencies (CBDCs) advance in testing, a number of countries have taken the lead in an effort to create a CBDC. The