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Tether (USDT) is Fully Backed – Moore Cayman Report

In brief:An independent report from Moore Cayman confirms that USDT is backed by actual fiatThe report cites Tether’s Consolidated Reserves Report of February 28th as being accurateTether’s consolidated assets exceed its consolidated liabilitiesThe team at Tether maintains that USDT has always been fully backedUSDT’s market cap recently exceeded $40 BillionA

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Blockchain Bites: Ethereum 2.0 Deposit Contract Fully Loaded, IRS Sends Befuddling Letters – Again

More than 500,000 ETH have been locked and loaded into Ethereum 2.0’s deposit contract, kick-starting the network’s major, multi-year development phase. JPMorgan analysts say institutions are piling into bitcoin. And the IRS has again sent out (possibly erroneous) letters to crypto traders indicating they owe taxes on unrealized gains. Top shelfTaxman

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BitAngels Will Go Fully Virtual to Keep Community Active During COVID-19 Outbreak

The industry’s first angel network for digital currency startups, BitAngels, is launching a series of virtual pitch events to keep investors connected during the global coronavirus pandemic.On March 25, BitAngels founder Michael Terpin said the network’s transition to a fully-online model of collaborations and events aims to keep the

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