The recent report about Tether (USDT) facing a criminal probe in the US, published by Bloomberg and covered by CryptoSlate, received a snappy response, in which the issuers of the largest stablecoin claimed the alleged accusations don’t constitute news but are published as clickbait.
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Speaking to Forbes, Congressman Tom Emmer dismisses the notion of a Fed Coin showdown with cryptocurrency.
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The technology behind the chains or records stored in the form of blocks, which are essentially digital ledgers of crypto transactions distributed across a global network of computers, keeps attracting more investors, looking for alternative ways to gain exposure to the crypto market.
The post What bear market? Crypto firms raised over $4.4 billion in Q2 2021 alone appeared first on CryptoSlate.
Tether (USDT) FUD surrounding the stablecoin’s issuance could have a new chapter in the form of criminal charges, which would mark a major development in the US government’s crackdown on crypto.
The post Tether (USDT) faces criminal probe in the US, report says appeared first on CryptoSlate.
Triggered by this week’s sell-offs, Jim Cramer expressed his concerns that Tether, as “the Achilles heel” of cryptocurrency, brings further risk exposure to markets.
The post Jim Cramer calls Tether (USDT) the ‘Achilles heel’ of crypto while USDC gets auditor greenlight appeared first on CryptoSlate.
A research paper titled “Taming Wildcat Stablecoins,” published in the Social Science Research Network (SSRN) by a professor of finance at Yale, Gary Gorton, and the US Federal Reserve attorney Jeffery Zhang, urges supervision of stablecoins.
The post US Feds want to tame ‘wildcat’ stablecoins like Tether and USDC appeared first on CryptoSlate.
Andre Cronje, creator of wildly popular decentralized finance (DeFi) yield farming protocol Yearn.Finance (YFI), today announced his new project—a blockchain-based foreign exchange (forex) platform.
The post No audits, no tokens, and no ‘rugpulls.’ Yearn’s Andre Cronje launches new DeFi project appeared first on CryptoSlate.