Latest news about blockchain and cryptocurrencies
Bitcoin (BTC) trimmed its gains today, before rebounding again despite claims that executives behind the most popular stablecoin, tether (USDT), might face a criminal probe. At 14:33 UTC, BTC trades at USD 38,473, rebounding from USD 37,889, reached after a report by Bloomberg said that a US probe into Tether is homing in on whether executives behind the digital token…
Read more →Tether executives are facing a U.S. Department of Justice probe on potential bank fraud committed during Tether’s early days….
Continue reading on https://decrypt.co/76875/tether-execs-facing-department-justice-probe-alleged-bank-fraud
Read more →Paxos, a regulated blockchain company, recently presented the basket of resources that back its stablecoins. Paxos Standard (PAX) and Binance USD (BUSD) are reportedly backed almost 100% by cash and cash equivalents. Dan Burstein, CCO of Paxos, harshly criticized Tether and Circle, issuers of other stablecoins, stating their products we’re not really stablecoins. Paxos Reveals […]…
Read more →Ethereum 2.0 could snuff out intentional blockchain reorgs, one form of MEV….
Continue reading on https://decrypt.co/76570/how-ethereum-miners-could-exploit-network-how-fix-it
Read more →Those working behind the biggest stablecoin say an audit is coming….
Continue reading on https://decrypt.co/76541/tether-audits-months-not-years-general-counsel
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.
Regulation news "Make no mistake: It doesn’t matter whether it’s a stock token, a stable value token backed by securities, or any other virtual product that provides synthetic exposure to underlying…
Read more →At the EthCC conference, SushiSwap announced the launch of four different styles of trading platform which take ideas from throughout DeFi….
Continue reading on https://decrypt.co/76423/sushiswap-unveils-4-new-crypto-trading-products-ethereum-paris-conference
Read more →Authorities in Hong Kong have arrested four people suspected of money laundering a total of $155 million through cryptocurrency wallets and bank accounts. The city’s customs agency said this was its first case in which virtual money had been used to launder dirty cash. Money Laundering Syndicate Recycles $155 Million in Crypto and Fiat Transactions […]…
Read more →While most digital currency markets are down in value, a token called axie infinity, the native coin tethered to the blockchain-based trading and battle game of the same title, has reached new price highs jumping to $21.55 on Tuesday. The Axie Infinity platform has seen massive demand in recent days, and other tokens from the […]…
Read more →The British man who accidentally threw away a computer with 7,500 bitcoins on its hard drive has come up with a new plan to retrieve his lost coins from the city landfill. “We estimate there are between 300,000 – 400,000 tons of waste to look through,” he said. Man on Mission to Retrieve 7,500 Lost […]…
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