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Independent Tether Attestation Shows a 58% Decrease in Commercial Paper Holdings
Independent Tether Attestation Shows a 58% Decrease in Commercial Paper Holdings
News  •  Technology  •  Aug 20, 2022 by Deniz Saat

USDT issuer Tether Holdings Limited announced information from an independent attestation about the company’s performance over the preceding quarter. Tether’s assets were evaluated by renowned accounting firm BDO Italia, as of June 30th, 2022. Tether had previously stated that it would reduce its commercial paper holdings by the

Two Ukraine Tech Retailers Now Accept Bitcoin
Two Ukraine Tech Retailers Now Accept Bitcoin
News  •  Bitcoin  •  Aug 19, 2022 by Deniz Saat

According to a report from local news source Obozrevatel, two of the biggest technology retailers in Ukraine, Techno Їzhak and Stylus, now accept Bitcoin as payment for goods and services. Whitepay, a payment infrastructure provider, acts as the framework for facilitating transactions between customers and merchants. WhiteBIT is one of

Samsung Securities and Other Firms in South Korea File to Launch Cryptocurrency Exchanges
Samsung Securities and Other Firms in South Korea File to Launch Cryptocurrency Exchanges

According to local news source NewsPim, seven large domestic securities companies in South Korea have submitted applications to set up Bitcoin and cryptocurrency exchanges. NewsPim’s report only mentioned Samsung Securities and Mirae Asset Securities by name. It was also revealed that all seven companies submitted applications for initial clearance

News  •  Bitcoin  •  Aug 22, 2022
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Samsung Securities and Other Firms in South Korea File to Launch Cryptocurrency Exchanges
Samsung Securities and Other Firms in South Korea File to Launch Cryptocurrency Exchanges

According to local news source NewsPim, seven large domestic securities companies in South Korea have submitted applications to set up Bitcoin and cryptocurrency exchanges. NewsPim’s report only mentioned Samsung Securities and Mirae Asset Securities by name. It was also revealed that all seven companies submitted applications for initial clearance

News  •  Bitcoin  •  Aug 22, 2022
Independent Tether Attestation Shows a 58% Decrease in Commercial Paper Holdings
Independent Tether Attestation Shows a 58% Decrease in Commercial Paper Holdings

USDT issuer Tether Holdings Limited announced information from an independent attestation about the company’s performance over the preceding quarter. Tether’s assets were evaluated by renowned accounting firm BDO Italia, as of June 30th, 2022. Tether had previously stated that it would reduce its commercial paper holdings by the

News  •  Technology  •  Aug 20, 2022
Two Ukraine Tech Retailers Now Accept Bitcoin
Two Ukraine Tech Retailers Now Accept Bitcoin

According to a report from local news source Obozrevatel, two of the biggest technology retailers in Ukraine, Techno Їzhak and Stylus, now accept Bitcoin as payment for goods and services. Whitepay, a payment infrastructure provider, acts as the framework for facilitating transactions between customers and merchants. WhiteBIT is one of

News  •  Bitcoin  •  Aug 19, 2022
Australian Retailers Now Let Customers Pay for Gas, Snacks, and More With Bitcoin
Australian Retailers Now Let Customers Pay for Gas, Snacks, and More With Bitcoin

OTR, an acronym for “On the Run,” is South Australia’s leading convenience retailer. And in the spirit of convenience, the chain just announced a partnership to bring Bitcoin and cryptocurrency integration to hundreds of locations. The partnership is a major step for Australia in bringing Bitcoin and cryptocurrency connectivity

News  •  Bitcoin  •  Aug 19, 2022
Huobi’s HUSD Stablecoin Loses Dollar Peg
Huobi’s HUSD Stablecoin Loses Dollar Peg

According to data from CoinMarketCap, HUSD is the most recent stablecoin to lose its 1:1 parity with the U.S. dollar, as it fell by 15% on August 18th. HUSD is an ERC-20 token on the Ethereum blockchain and has been marketed as a secure stablecoin that combines the

News  •  Markets  •  Aug 18, 2022
New York Judge Allows Bankrupt Celsius to Mine and Sell Bitcoin
New York Judge Allows Bankrupt Celsius to Mine and Sell Bitcoin

A New York Judge has allowed Celsius Network to mine and sell Bitcoin as a means to get back financial stability. The decision came less than a day after the cryptocurrency lender presented a court filing with projections showing that it will run out of cash by October. The documents

News  •  Bitcoin  •  Aug 18, 2022
Luxury Resort Chain Soneva Now Accepts Bitcoin
Luxury Resort Chain Soneva Now Accepts Bitcoin

Soneva, a privately held company that helps travelers navigate paperwork for booking in foregin countries, has introduced Bitcoin as a payment option for customers. Bitcoin payments are acceptable for the following locations: Soneva Fushi, Soneva Jani, Soneva in Aqua in the Maldives, and Soneva Kiri in Thailand. Soneva also offers

News  •  Bitcoin  •  Aug 18, 2022
Stronghold Sells 26,000 Bitcoin Miners To Eliminate Debt
Stronghold Sells 26,000 Bitcoin Miners To Eliminate Debt

Stronghold Digital Mining (SDIG), a Bitcoin mining company based in the U.S., revealed plans to reduce outstanding debt and restructure its financial operations on August 16th, 2022. The company intends to release approximately 26,200 of its mining rigs, where 18,700 are currently running, under an agreement with

News  •  Bitcoin  •  Aug 17, 2022
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