Generative Data Intelligence

Tag: Treasurys

The Crypto Roundup: 18 May 2023 | CryptoCompare.com

The issuer behind the popular USDC stablecoin, Circle, has started undertaking significant rebalancing of its reserves in a bid to protect them against a...

Tether Commits to Buying Bitcoin ($BTC) Using 15% of Net Realized Profits

Leading stablecoin issuer Tether, the firm behind the USDT token, has recently revealed that it amassed $2.5 billion in excess reserves, and that it...

Crypto && Coffee 135

Crypto && Coffee 135April 26, 2023CipherTrace EngineeringTechnology Recap:BitcoinThe term "Bitcoin" can either refer to Bitcoin the network, ... More:Lightning Network developers posted about the ongoing...

Treasury Secretary Prepared to Take “Additional Action” to Protect Bank Deposits

Treasury Secretary Janet Yellen suggested that her department might be willing to further backstop bank deposits if needed, only one day after seemingly...

The impact of the Credit Suisse bank crisis on the crypto market

The show Macro Markets, hosted by Marcel Pechman, which airs every Friday at 12 pm ET on the Cointelegraph Markets & Research YouTube channel,...

MakerDAO Increases US Treasury Bond Holdings by 150%

MakerDAO, a lending protocol and stablecoin issuer, has voted in favor of a proposal to expand the amount of United States Government bonds held...

MakerDAO Passes First Vote on Proposal to Increase US Treasury Investments to $1.25 Billion

MakerDAO, a decentralized autonomous organization that issues the DAI stablecoin, has voted in favor of allocating more funds to its current US Treasury...

Circle Plans to Cover USDC Shortfall After SVB Shutdown

Circle, the issuer of the stablecoin USD Coin (USDC), has been forced to take action to cover a significant shortfall in its reserves after...

Circle’s USDC Reserve Exposure and Potential Risks

Circle is one of the largest issuers of stablecoins, with USDC being the second-largest stablecoin in circulation. As of January 31, 2022, the circulating...

Wall street institution Cantor Fitzgerald reportedly manages $39B of Tether’s reserves

Ad Stablecoin issuer Tether (USDT) is reportedly using Wall Street financial institution Cantor Fitzgerald to manage its $39 billion bond portfolio, Wall Street Journal...

DeFi Total Value Locked Experienced Its First Yearly Decline in 2022: Report

The total value locked (TVL) on decentralized finance protocols fell 24.7% last quarter to $74.3 billion, marking the second-largest quarterly decline for the novel...

Financial Giant Société GénÉrale Withdraws $7 Million in DAI From MakerDAO Vault

France-based multinational financial services giant Société Générale has withdrawn $7 million in the cryptocurrency-backed stablecoin DAI from MakerDAO, out of a vault that has...

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