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Nalezeno "transparency": 490

Transparency Report Reveals Backing for Paypal’s PYUSD Stablecoin


Paypal’s stablecoin, PYUSD, has been operational for 38 days. The token’s issuer, Paxos, has issued a transparency report related to the coin’s reserves. Much like many of today’s stablecoin industry leaders, PYUSD is supported by cash reserves and U.S. Treasury reverse...

Cambridge Revises Bitcoin Mining Index, Lowers BTC’s Estimated Power Use


Cambridge Centre for Alternative Finance has significantly revised its Bitcoin Electricity Consumption Index, lowering its estimates of the cryptocurrency’s energy use after finding its previous model greatly overstated power consumption. Cambridge Centre Revises Bitcoin Energy Estimates...

NEAR Foundation publishes Transparency Report for Q2-2023


NEAR Foundation has published its quarterly report titled NEAR Foundation Transparency Report: Q2 2023. This is the second installment this year and highlights its developments and advancements in Blockchain Operating System, Web2.5 strategy, and Web3 partnerships. These are only a few points...

Potential Venus Protocol Liquidation Raises Concerns in BNB Community


Crypto market observers are currently focusing on the Venus Protocol this week as the protocol grapples with a possible liquidation of binance coin (BNB). The hacker who exploited the BNB blockchain managed to secure $150 million in stablecoins through the use of Venus. If the price of BNB slips...

US Senator Bill Hagerty Warns SEC Actions ‘Pave the Way’ for a CBDC


Tennesse U.S. senator Bill Hagerty has warned about the consequences of the recent actions of the Securities and Exchange Commission (SEC) against cryptocurrency platforms in the country and the objectives that might be behind these. Hagerty stated that the true motivation behind the lawsuits...

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