OKX reports $7.5B Proof-of-Reserves in BTC, ETH, USDT
OKX reserves are 100% clean, meaning that the exchange reserves do not contain the exchange's native token, according to CryptoQuant data.
Stablecoin collapse could impact U.S. bond market, economist warnsJosh O'Sullivan · 3 weeks ago · 1 min read
Economist Eswar Prasad has warned regulators that a bank run on Stablecoins could have significant impact on the U.S bond markets.
Op-ed: What happens to Tether, stablecoins in the event of dollar collapse?Samuel Wan · 4 weeks ago · 4 min read
Under the hypothetical situation of a dollar collapse, how might fiat-backed stablecoins fare?
SBF allegedly moves $684,000 into Seychelles exchange, RenBridgeMonika Ghosh · 1 month ago · 2 min read
Addresses linked to SBF's public wallet received hundreds of thousands of dollars worth of assets from Alameda Research on Dec. 28.
Adoption grows as more than $7T settled with stablecoins in 2022Andjela Radmilac · 1 month ago · 1 min read
The total value settled with stablecoins this year surpassed the settlement value at Mastercard, which processed around $2.2 trillion in value in 2022.
OKX publishes second Proof-of-Reserves update, commits to report monthlyChristian Nwobodo · 1 month ago · 1 min read
OKX's latest proof-of-reserves report shows it holds over 90% of its assets in BTC, ETH, and USDT — the exchange has committed to update its reserve on the 22nd of every month.
Bitfinex closes week leading Bitcoin reserves according to GlassnodeZeynep Geylan and James Van Straten · 2 months ago · 4 min read
According to numbers from Dec. 16, Bitfinex holds $3.5 billion in BTC while OKX follows with the second largest BTC reserve with $1.5 billion.
Gambling-related USDT funds grow as 1k new online gambling websites use TetherSoumen Datta · 2 months ago · 1 min read
In general, these online gambling platforms accept USDT deposits and withdrawals and settle funds via cryptocurrency payments.