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 ...
A Freedom of Information Act (FOIA) request by a whistleblower has revealed former Securities and Exchange Commission (SEC) director William Hinman was receiving millions of dollars in retirement ...
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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 ...
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 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 ...
Larry Summers, the Harvard professor and former top financial advisor during the Obama administration, has cut ties with troubled crypto conglomerate Digital Currency Group (DCG). Summers joined DCG ...
Bitcoin’s Lightning Network was supposed to be the key to scaling Bitcoin adoption globally. Its proponents touted cheaper and faster transactions plus an emergent social graph for a new Bitcoin ...
YouTuber Jarvis Johnson encountered less than 1,000 English-speaking users in Mark Zuckerberg’s $36 billion metaverse. The vast majority were under the age of 18. Children rampantly circumvent ...
Crypto billionaire Sam Bankman-Fried’s parents are both Stanford law professors. Long before founding top market making unit Alameda Research, Bankman-Fried attended MIT and graduated with a degree in ...
Perceiving victory as guaranteed, a powerful group of Bitcoin developers has scheduled a major change to Core software for October that would finalize their victory over conservative dissidents. If ...
The US Justice Department (DoJ) has indicted and arrested an heir to the Cartier jewelry empire with conspiring to launder the proceeds of drug trafficking using tether (USDT). In Miami, law ...