Cryptocurrency Analysis and News Portal
Whether the Tether stablecoin (USDT) has been fully backed with reserves has been a question for years. In 2019, skeptics were vindicated after the New York Attorney General’s office announced there was a roughly $850 million hole caused by Tether loaning funds from its reserve to Bitfinex, its sister company.
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The Information Commissioner’s Office (ICO) will today call for businesses to address the privacy risks generative AI can bring before rushing to adopt the technology – with tougher checks on whether organisations are compliant with data protection laws. New
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Massachusetts Senator Elizabeth Warren, one of the more prominent anti-crypto voices in the United States Congress, has called on Jerome Powell to recuse himself amid an internal probe at the Federal Reserve.Speaking to reporters in Washington D.C. on March 15, Warren said Powell had led “the de-regulatory movement” at the
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He stumbled upon Bitcoin in high school while looking for ways to pay for his favorite video games. He now reviews and improves Bitcoin’s code for a living. Sometimes it's boring, mind-numbing, but he does it anyway. Somebody has to. Source
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Australian markets regulator is conducting a targeted review of Binance Australia's local derivatives services a day after Binance said it had incorrectly tagged 500 Australian users as "wholesale investors," resulting in their derivative positions being unceremoniously closed. Source
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The U.S. Federal Reserve Board has said it has released the final guidelines which are set to be used by Reserve Banks when “reviewing requests to access Federal Reserve accounts and payment services.” According to the board, the final guidelines will become effective as soon as they are published in
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In every sport or form of competition, we see established rivals come to life. In basketball, it’s the Lakers and the Celtics, in boxing we’ve seen the likes of Furry vs Wilder, and in hip-hop, we often hear about Nas vs Jay-Z. Today in the world of crypto we have
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The agency’s five commissioners will review a staff decision to reject the rule-change proposal for a bitcoin ETF made last month. Source
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The South Korean arm of cryptocurrency exchange OKEX has halted, for now at least, the delisting of two privacy coins due to regulatory pressure from the Financial Action Task Force (FATF). According to a notice from the exchange on
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