Stablecoin tether is apparently only backed 74% by cash reserves, and Elon Musk and Vitalik Buterin get friendly on Twitter. Top Stories This Week Fractional Reserve Stablecoin Tether Only 74% Backed by Fiat Currency, Say Lawyers According to documents released by USD stablecoin tether’s (USDT) lawyers, the company behind the stablecoin only has enough fiat […]
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An in-depth view into security tokens. Many economists argue that the root causes of the 2008 global financial crisis have yet to be addressed comprehensively, or that measures taken have been exhausted, such as the extent to which quantitative easing was used, which has been put forward by the deputy director of the International Monetary […]
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Sources tell the Wall Street Journal there exist multiple plans for integrating the coin into the lives of users. Social media giant Facebook is seeking investments worth $1 billion for its rumored cryptocurrency stablecoin, the Wall Street Journal (WSJ) reported on May 3. Citing people familiar with the plans, the publication revealed Facebook was currently […]
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American digital asset manager Grayscale Investments introduced its pro-bitcoin advertising initiative “Drop Gold.” New York-based digital asset manager Grayscale Investments has introduced its pro-bitcoin (BTC) advertising initiative “Drop Gold” in a press release on May 1. The Drop Gold campaign is based on the emergence of bitcoin as an alternative to gold investments. In particular, […]
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The blockchain division of global social trading platform eToro launched a crypto exchange for pro traders. The blockchain division of global social trading platform eToro has launched a cryptocurrency exchange for pro traders, a press release shared with Cointelegraph on Tuesday, April 16, states. EToroX claims to be a secure a secure and fully regulated […]
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Bloomberg calls Bitcoin a bubble yet again, and Facebook is seemingly looking for $1 billion from VC firms for its stablecoin. Top Stories This Week NYT Reporter: Facebook Seeking $1 Billion in Venture Capital for Crypto Project According to a tweet by New York Times (NYT) tech reporter Nathaniel Popper, Facebook is reportedly looking to […]
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Will the bears now sink the price back to the lows, or will the major cryptocurrencies form a higher low? The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when […]
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VR startup Magic Leap is seeking blockchain engineers for its Lifestream business function. Virtual reality (VR) startup Magic Leap is seeking blockchain engineers according to recent listings on employment website Greenhouse. The firm is looking for a senior blockchain architect and blockchain engineers. Among the duties listed for the senior blockchain architect position, the individual […]
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Venture capitalist Tim Draper plans to meet with Facebook to talk about investing in the firm’s much rumored crypto project. Billionaire VC investor Tim Draper is planning to meet with Facebook execs to discuss investing in the social media’s rumored crypto project, Bloomberg reports April 12. According to the report, Draper revealed to Bloomberg that […]
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Blockchain-powered freelancers marketplace Moonlighting is set to migrate its 700,000 user accounts to Eos developer Block.one’s Eos.io protocol. Blockchain-powered freelancers marketplace Moonlighting is set to migrate its 700,000 user accounts to Eos (EOS) developer Block.one’s Eos.io protocol. The development was announced in a press release shared with Cointelegraph on April 11. Moonlighting’s move comes as […]
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