Tether slams Deutsche Bank over suggestion its stablecoin could fail
Analysts at Deutsche Bank also argued Tether’s solvency status is “questionable” which the stablecoin firm said is “ironic” considering the bank’s own history with fines.
Related Posts
Cosmos Hub greenlights ATOM inflation cut for security boost
The proposal secured a narrow passage, garnering 41.1% approval votes compared to 38.5% disapproval, marking the highest turnout vote in the Cosmos ecosystem. The governing body of Cosmos Hub has endorsed a proposal to decrease the maximum inflation rate of its native token, ATOM (ATOM), from approximately 14% to 10%.As per the proposal, the authorized
Starknet Foundation launches $5M grants program
The funding aims to help developers with final-stage blockchain projects come to market and boost overall blockchain innovation.
What is Vulcan Forged (PYR) and how to make money playing it?
What is a play-to-earn crypto game?Distributed technologies including blockchain and nonfungible tokens (NFTs) enable game developers and gamers a more interactive, immersive and incentivized experience than ever before through the new game model advertised by tech enthusiasts and named the play-to-earn (P2E) crypto games model. P2E games, also known as blockchain-based or cryptocurrency games, gain…
Former IBM, Google Russia Exec Joins Blockchain Firm Credits as CBO
Former Google Russia chief technology officer Jennifer Trelewicz has joined blockchain platform Credits (CS) as its new chief business officer (CBO).According to an official announcement published on Oct. 11, Trelewicz’s first experience working with blockchain was during her time as the CEO of Russian technology startup S7 TechLab. In the past, she also worked as the…
Detected Cryptojacking Prompts Microsoft to Remove Eight Free Apps from Microsoft Store
United States-based software corporation Microsoft has removed eight Windows 10 applications from its official app store after cybersecurity firm Symantec identified the presence of surreptitious Monero (XMR) coin mining code. The news was reported by Symantec on Feb. 15.Stealth crypto mining — also know as cryptojacking – works by installing malware that uses a computer’s…
Bitcoin price breakout or bull trap? 5K Twitter users weigh in
Bitcoin (BTC) is trading at its highest levels in over two months, but the phrase on every trader’s lips is “bull trap.”After delivering 25% returns in a single week, BTC/USD remains under suspicion among Bitcoin bear market survivors. Bitcoin bull trap fails to convinceIt has been called the “biggest bull trap” ever seen, and despite holding…
Bitcoin Cash Difficulty Volatile Ahead of Nov. 15 Hard Fork
An upcoming planned hard fork in Bitcoin Cash (BCH) will impose relatively simple technical changes to its consensus mechanism that will not split the chain, despite some turbulent undercurrents in the coin’s community regarding issues which have recently become difficult to ignore. Disloyalty and perhaps manipulation among miners, or just the possibility of such, has…
Adapt or die: Payments giants partner with crypto firms to ensure security
Institutional interest for digital assets continues to grow rapidly, demonstrating that cryptocurrencies, stablecoins and nonfungible tokens (NFT) are here to stay. At the same time, traditional financial institutions are beginning to understand the dire need to properly support digital assets. For example, although payments giants such as Mastercard and Visa currently offer crypto-enabled credit and…