Bybit’s chief executive says the firm has now fully closed the Ethereum gap after hackers stole nearly $1.5 billion worth of ETH …
Reserves
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Finance
Does the US Hold Its Famous Gold Reserves? Polymarket Bets 21% That Fort Knox Gold Is a Mirage
by shayaanby shayaanSpeculation over Fort Knox’s gold reserves grows as decades without full audits fuel doubts about the vault’s contents. On Polymarket, bettors now …
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Analysis
Bybit Ethereum (ETH) Reserves Steadily Recovering Following Massive Hack, According to CryptoQuant
by shayaanby shayaanMarket intelligence platform CryptoQuant says that the Ethereum (ETH) reserves of Bybit are recuperating after the crypto exchange was hacked to the …
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In response to mounting concerns over transparency, Coinbase has unveiled a Proof of Reserves (PoR) for its wrapped Bitcoin token, cbBTC. This …
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Regulation
20 US State Bitcoin Reserves could alone drive $23B inflow as more follow
by shayaanby shayaanBehind the scenes, Bitcoin legislation is advancing at the state level in the United States, with almost 30 proposals directing funds into …
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The European Central Bank (ECB) may reconsider its relationship with any European national bank that adds Bitcoin to its reserves, according to …
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Analysis
Stablecoin Issuer Tether Posts $7,087,270,541 in Excess Reserves at End of 2024
by shayaanby shayaanAn independent audit reveals that stablecoin issuer Tether (USDT) had billions of dollars of excess reserves at the end of last year. …
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Adoption
Czech Central Bank to pursue studying Bitcoin reserves despite ECB opposition
by shayaanby shayaanThe Czech National Bank (CNB) announced plans to explore the potential inclusion of Bitcoin (BTC) in its reserve assets on Jan. 30. …
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European Central Bank president Christine Lagarde said the bank would not consider holding Bitcoin reserves, even as sovereign entities increasingly turn to …
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Czech National Bank (CNB) Governor Aleš Michl will reportedly propose adding Bitcoin to the country’s reserve assets, Financial Times reported on Jan. …