Report Claims Ukrainian Officials Hold Over $2.6 Billion in Bitcoin

Ukrainian Officials Hold Over $2.66 Billion Worth in Bitcoin, Report ShowsThe latest declarations from Ukrainian public officials revealed a billion-dollar amount of money they allegedly own in bitcoin. An online incentive gathered data from 791,872 state employees and 652 respondents disclosed their crypto holdings. The Biggest Crypto Holder in the Report Has 18,000 BTC According to the Opendatabot site, officials currently hold a total of […]

Assurance Report Says Tether Stablecoins Are Fully Backed- Firm Exceeded Its Consolidated Liabilities

Assurance Report Says Tether Stablecoins Are Fully Backed — Exceeded Its Consolidated LiabilitiesThe company behind the world’s largest stablecoin disclosed a report by aiming to show “transparency commitment” to clarify whether Tether’s reserves are fully backed or not. Tether Holdings Limited published its “Assurance Opinion” issued by an auditing firm based in the Cayman Islands. Accounting Firm Recognizes Two Ongoing Legal Cases According to the statement, Tether […]

Study: Top-Tier Cryptocurrency Exchanges Increased Their Market Share by 13% Since October 2020

Study- Top-Tier Cryptocurrency Exchanges Increased Their Market Share by 13% Since October 2020A recent study unveiled that top-tier cryptocurrency exchanges increased their market share since October 2020, in the context of lower-risk exchanges. The bitcoin bull market fueled that both retail and professional traders utilized such risk, data shows. Stricter Regulations Boosted Transparency Levels in Crypto Exchanges Per information from crypto market data provider cryptocompare.com, top-tier crypto […]

Report: 33% of US Based ICO Investors Say Founders Intentionally Deceived Them or Withheld Key Information

Report: 33% of US Based ICO Investors Say Founders Intentionally Deceived Them or Withheld Key InformationA survey conducted by Xangle Research finds that a third (33%) of respondents say founders of an initial coin offering (ICO) in which they invested either intentionally deceived them or withheld key information. A further 17% of the responding ICO investors say they did not know if they had been deceived. However, about half (50%) […]

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