Latest news about blockchain and cryptocurrencies
President Biden’s Working Group on Financial Markets finally issues its report on stablecoins. The report could spell trouble for Tether in particular….
Continue reading on https://decrypt.co/85005/stablecoin-report-biden-pwg-tether
Read more →The Altair hard fork, the first mainnet upgrade to the Ethereum (ETH)’s beacon chain, is slated to go into effect on October 27. The update is considered a “low stakes warm-up” to the upcoming Merge, when the current Ethereum mainnet, which is secured by a proof-of-work (PoW) consensus mechanism, “merges” with the beacon chain proof-of-stake (PoS) system…. Read More: Ethereum Gets Its Altair Upgrade In Two Days…
Read more →The investment research firm and short-seller Hindenburg Research has offered a USD 1m reward for information on how the tether (USDT) stablecoin is actually pegged to the United States dollar, and data on how Tether’s deposits actually work. In a strongly worded response, Tether called the “bounty” “cynical,” and called Hindenburg’s announcement “a pathetic bid for attention.”… Read More: Tether Hits out at Hindenburg Research’s ‘Pathetic’ USD 1M Bounty Offer…
Read more →Tether has allegedly been lending stablecoins backed by cryptocurrency deposits, according to new reports….
Continue reading on https://decrypt.co/83782/tether-lending-stablecoins-backed-bitcoin-ethereum-celsius-ceo
Read more →Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: CFTC Fines Tether For Lying & Bitfinex For ‘Illegal’ Transactions + More News…
Continue reading on https://cryptonews.com/news/cftc-fines-tether-for-lying-bitfinex-for-illegal-transactions-more-news.htm
Read more →Its sister company, crypto exchange Bitfinex, was also hit with a $1.5 million fine by the CFTC….
Continue reading on https://decrypt.co/83560/cftc-fines-tether-bitfinex-us-dollar-reserves
Read more →lecoin-tether">report that it claimed was full of “outlandish anecdotes” and “character assassination.”Tether has previously claimed to have drawn a line under the matter of whether or not it actually has the funds it says underpins the USD-pegged token by publishing results of an “audit…….
Read more →ment.The crypto market dived following the news. Bitcoin (BTC) dropped by 5% in an hour, hitting USD 43,234 (09:42 UTC), while <a target="_blank" rel=“noopener noreferrer” href=“https://cryptonews.com……
Continue reading on https://cryptonews.com/news/crypto-market-dives-as-china-continues-crackdown-singles-out-tether-foreign-platforms.htm
Read more →Ethereum is among the market’s top gainers following a rally that took the token’s price back above $3,600….
Continue reading on https://decrypt.co/81058/ethereum-crosses-3600-vitalik-buterin-makes-times-100-most-influential-people-list
Read more →Vitalik Buterin. Source: a screenshot, YouTube/ETHWORLD. Ethereum (ETH) cofounder Vitalik Buterin decided to do "a random twitter experiment" answering his followers’ many questions - stating that his biggest Ethereum regret is the idea of eight cofounders, and that he was too confident in the network’s speed of moving to proof-of-stake (PoS), further touching on a number of…
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