Tether ‘Didn’t Do a Great Job on Transparency,’ Claims Investor Mike Novogratz

Tether’s offshore operations detract from its transparency versus other stablecoins, Mike Novogratz told Bloomberg. Stablecoin Tether (USDT) should create more “transparency” about its operations, cryptocurrency investor and entrepreneur Michael Novogratz told Bloomberg Oct. 18. Speaking in an interview, Novogratz, whose Galaxy Digital investment company is active in the cryptocurrency space, said he favored alternative stablecoins […]

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Fifth Largest Crypto Exchange Huobi Lists Four USD-Backed Stablecoins, Following OKEx

Major crypto exchange Huobi announces the listing of four fiat-backed stablecoins just one day after a similar announcement by OKEx. Another major crypto exchange Huobi has announced the listing of four stablecoins at once, according to an official statement Tuesday, October 16. Starting Friday, Oct. 19, the fifth largest crypto exchange by trading volume will […]

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Crypto Exchange Huobi’s ‘Strategic Partner’ HBUS Hires Ex-PWC and Intuit Compliance Director as CCO

HBUS, the U.S.-based “strategic partner” of sixth largest crypto exchange Huobi, has hired a new Chief Compliance Officer, formerly of PwC and Intuit. HBUS, the U.S.-based “strategic partner” of sixth largest crypto exchange Huobi, has hired a new Chief Compliance Officer (CCO). The company has revealed this in a press release shared with Cointelegraph Oct. […]

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Circle Invest Launches Crypto Asset ‘Collections’ for Targeted Portfolios

Circle Internet Financial Ltd. has launched a new feature for its crypto investment app Circle, which allows users to invest in categorized crypto assets. Goldman Sachs-funded Circle Internet Financial Ltd. has launched a new feature for its crypto investment app Circle Invest dubbed “Collections.” The company has made the announcement in an official blog post […]

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Venezuela’s Petro White Paper ‘Blatantly’ Copied Dash, Ethereum Developer Says

Ethereum developer points out that Petro white paper has copied an image from Dash’s GitHub repository, among other similarities. Venezuelan state-owned cryptocurrency Petro has apparently plagiarized parts of its white paper from the GitHub repository of Dash. Core developer of Ethereum Joey Zhou pointed this out in a tweet posted Tuesday, Oct. 2. Zhou has […]

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