If cryptocurrency was an engine, Tether (USDT) is one of its pistons. Over the past seven years, the maverick stablecoin has evolved into a primary crutch for the ecosystem. It’s a tool for onboarding ...
For 28 months, the basic premium of Strategy’s (formerly MicroStrategy) common stock, MSTR, to its bitcoin (BTC) holdings has been declining, and has now fallen below 1x. Since July 2023, it would ...
Tether (USDT) is the world’s largest stablecoin. Commanding a $72 billion market capitalization, Tether’s peg has mostly remained $1 since its founding in October 2014. Tethers are backed by an ...
As the dust settles on the collapse of Do Kwon’s “20% APY” Anchor protocol — which RealVision’s Raoul Pal called “basically risk-free” mere weeks before its collapse — many are now turning their gaze ...
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If you’ve interacted with the MicroStrategy (MSTR) community, chances are you’ve encountered an entire linguistic set that baffles even experienced investors. Just as Gamestop (GME) meme stock ...
Bybit was hacked today for approximately $1.4 billion in ether (ETH) and staked ether (stETH). This hack was initially highlighted by blockchain analysts, including ZachXBT in his Telegram group, ...
Coinbase is facing criticism on social media after it was discovered that the US-based exchange is restricting the accounts of users who access the platform via a VPN. Yesterday, EthHub co-founder ...
Yesterday’s $11 million hack of bitcoin (BTC) bridge Garden was met with little sympathy from the crypto community, following allegations of its profiting from the proceeds of other hacks.
Tether has found a new Bahamas-based banking partner — the third Bahamas-based bank that the $82 billion stablecoin has relied on for housing its assets, reports Bloomberg. The little-known Britannia ...
A group of 35 shareholders of Ethereum giant ConsenSys AG (CAG) have filed for a special audit of a 2020 deal that saw JPMorgan Chase acquire an “influential” stake in two of its flagship products.
As Tether has grown exponentially over the years, it has also altered the composition of what provides backing for every one of its tokens. In some quarters, this has been perceived as positive, ...
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