By CD Read more: CoinDesk Stablecoin issuer Tether Holdings has tapped BDO Italia, the Italian branch of accounting firm Binder Dijker Otte, to provide attestation reports.Publish at: August 18, 2022 at 01:00PM
Tether Swaps Accounting Firms, Says It Will Publish Monthly Attestation on Stablecoin Backing
Digital Currency Group Leads $5M Fundraise for Blockchain Security Firm dWallet Labs
By CD Read more: CoinDesk The capital will help build projects on Odsy Network, a new layer 1 blockchain focused on decentralized wallet access.Publish at: August 18, 2022 at 01:00PM
Bitcoin Loses Bullish Trendline as Fed Sees Restrictive Rates Needed for Some Time
By CD Read more: CoinDesk Increasing and elevated U.S. interest rates are headwinds for bitcoin, one researcher said.Publish at: August 18, 2022 at 12:51PM
South Korea’s Money Laundering Watchdog Flags 16 Crypto Firms for Operating Without Registration
By CD Read more: CoinDesk Crypto exchanges KuCoin and Poloniex are among the foreign firms accused of conducting “illegal business activities.”Publish at: August 18, 2022 at 12:29PM
Bitcoin Mining Hardware Firm Canaan Sees ‘Prolonged Headwinds’ After Challenging Quarter
By CD Read more: CoinDesk Supercomputing services provider Canaan (CAN) said Q2 revenue increased by 53% from the year-earlier quarter, but warned of the downward pressure on its performance from the tougher market conditions in the quarters ahead.Publish at: August 18, 2022 at 11:42AM
Cash-Backed HUSD Stablecoin Loses Peg, Drops to $0.92
By CD Read more: CoinDesk The token issued by Stable Universal has dropped to 8% below its $1 peg.Publish at: August 18, 2022 at 09:58AM
US Extradites Alleged Crypto Money Launderer From Netherlands
By CD Read more: CoinDesk Mihaqloviv Dubnikov, 29, a Russian citizen, made an initial appearance in a federal court in Portland, Oregon, Wednesday, and his five-day jury trial is scheduled to begin on Oct. 4. If convicted, Dubnikov faces a maximum sentence of 20 years in prison.Publish at: August 18, 2022 at 08:36AM
First Mover Asia: Celsius Token Price Rise Pegged to Market Dynamics Rather Than Fundamentals; BTC Retreats Again
By CD Read more: CoinDesk The price of the troubled crypto lending platform’s CEL has been rising, to observers’ puzzlement.Publish at: August 18, 2022 at 02:11AM
Solana’s Biggest DeFi Lender is Leaning Into “Permissionless” Loan Markets
By CD Read more: CoinDesk These “permissionless pools” don’t have any of the safeguards afforded to Solend’s whitelisted markets. That’s by design.Publish at: August 18, 2022 at 12:40AM
‘Don’t Say Terra’ and Other Reflections From Korea’s Crypto Extravaganza
By CD Read more: CoinDesk A series of conferences in Seoul explored the future of DeFi, but the $40 billion blowup of a major Korean crypto project was not on the agenda.Publish at: August 17, 2022 at 11:20PM
