The stablecoin issuer Tether has revealed new details about its holdings of reserve assets, and now says a majority of its holdings are in the form of US treasuries.
In a tweet posted on Monday, Tether’s chief technology officer Paolo Ardoino said that 58.1% of the assets backing up the popular USDT stablecoin are now US Treasuries, also known as t-bills….
Read More: Tether Holdings Revealed – Commercial Paper Holdings Slashed…
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As part of the legal proceedings related to a market manipulation case that dates back to 2019, Katherine Polk Failla, a judge for the U.S. District Court for the Southern District of New York, has ordered Tether’s parent company to provide financial records for its USDT stablecoin….
Read More: US Judge Demands Tether Comes Up with Records to Show it Has Claimed Cash Reserves…
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A judge in New York has ordered stablecoin issuer Tether to produce financial documents to assess whether USDT is backed by US dollars….
Continue reading on https://decrypt.co/110217/judge-orders-tether-to-produce-records-showing-backing-of-usdt
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Ethereum proof-of-work hard fork ETHPoW rallied, then crashed, following the announcement of its expected launch in the next 24 hours….
Continue reading on https://decrypt.co/109767/forked-ethereum-token-surges-then-tanks-following-merge-event
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Ethereum proof-of-work hard fork ETHPoW rallied, then crashed, following the announcement of its expected launch in the next 24 hours….
Continue reading on https://decrypt.co/109767/forked-ethereum-token-surges-then-tanks-following-merge-event
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F2Pool, Poolin, BTC.com and Nanopool will support EthereumPoW after the merge….
Continue reading on https://decrypt.co/109737/major-ethereum-mining-pools-will-back-ethw-mining
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Ethereum holders have been drumming up a lot of excitement and interest as the Merge event nears. Whilst Ethereum is down 6.81% on the 24-hour time frame, ETH has still moved up 2.96% against Bitcoin.
Will Ethereum surpass the $2,000 price levels once again?
Since November 2021 Ethereum has been in a macro-downtrend and has struggled to see sustenance beyond the 20-day moving average on the weekly time frame. …
Read More: Ethereum Crypto Price Prediction 2022 - Will ETH Surpass $2,000?…
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Coin Center’s Peter Van Valkenburgh also dropped the bombshell that while U.S. citizens may not be able to use Tornado Cash, the government still can….
Continue reading on https://decrypt.co/109446/crypto-twitter-gary-gensler-tonga-bitcoin-sec-cftc
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Coin Center’s Peter Van Valkenburgh also dropped the bombshell that while U.S. citizens may not be able to use Tornado Cash, the government still can….
Continue reading on https://decrypt.co/109446/crypto-twitter-gary-gensler-tonga-bitcoin-sec-cftc
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The market cap gap between Tether and USDC had narrowed to $10 billion earlier this year….
Continue reading on https://decrypt.co/109209/tether-usdc-gap-16b-binance-stablecoins
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