Tether Reveals More Details About Its Reserves Posted on 2021-08-10 by Patrick Roughly 93% of Tether’s commercial paper and certificates of deposit holdings was rated A-2 and above, while 1.5% was rated below A-3. + News
AMC to Accept Bitcoin for Tickets and Concessions Later This Year Posted on 2021-08-10 by Patrick America’s largest theater chain is leaning into crypto but did not specify what technology it would use to accept payments. + News
Broadridge Adds UBS to Its Distributed Ledger Repo Product Posted on 2021-08-10 by Patrick The Swiss financial giant is the first bank on the platform that Broadridge has publicly announced. + News
USDC Builder Circle Says It Wants to Become a National Crypto Bank Posted on 2021-08-10 by Patrick The plans would take Circle well beyond the OCC banking charter already conditionally issued to several firms. + News
‘Wormhole’ Launches for Connecting DeFi on BSC, Terra and Ethereum to Solana Posted on 2021-08-10 by Patrick Wormhole opens a faster (and, developers claim, simpler) route for non-native assets to enter Solana’s bustling DeFi ecosystem. + News
Argo Blockchain First-Half Revenue Surges on Bitcoin Production, Price Posted on 2021-08-10 by Patrick The company also canceled an $8 million order for mining machines from ePIC Blockchain Technologies. + News
Indonesia’s Pintu Exchange Raises $35M in Extended Series A Led by Lightspeed Venture Posted on 2021-08-10 by Patrick Funding will go toward hiring efforts, improving Pintu’s market position, undertaking educational campaigns and delivering new products. + News
2 Senators Propose Exemptions to Crypto Tax Reporting Required by US Infrastructure Bill Posted on 2021-08-09 by Patrick The amendment is a compromise between two previously proposed amendments. + News
Senate’s Infrastructure Bill: What to Expect on Saturday Posted on 2021-08-09 by Patrick A handful of lawmakers have expressed support for the Wyden/Toomey/Lummis amendment to the crypto provision. + News
Ethereum Burns 36% of New Coin Issuance Over 2 Days Posted on 2021-08-08 by Patrick At first glance, EIP 1559 seems to be working effectively. A closer look at the numbers may suggest otherwise. + News