Skip to main content

Krypto Uncle

Search This Blog

Fractional Reserve Stablecoin Tether Only 74% Backed by Fiat Currency, Say Lawyers

Get link
Facebook
Twitter
Pinterest
Email
Other Apps

via Cointelegraph.com News http://bit.ly/2V7jzM4

Tether does not have the fiat reserves to back its tokens, lawyers say

Get link
Facebook
Twitter
Pinterest
Email
Other Apps

Comments

Post a Comment

Popular Posts

OKEx Lists Chia Token (XCH), A Creation of BitTorrent’s Founder Bram Cohen

OKEx , a prominent crypto exchange and derivatives platform in the industry has announced the inclusion of Chia Network’s native crypto asset. The listing of XCH went live on May 3, enabling users to trade XCH/USDT and XCH/BTC trading pairs. A creation of Bram Cohen, known for inventing the BitTorrent Network, Chia Network is a highly decentralized, efficient and secure blockchain and smart transaction platform. It uses an innovative Nakamoto-style consensus algorithm based on Proofs of Space and Time instead of conventional energy-intensive Proof of Work setup. Built from scratch, the Chia Network also has its own Chialisp – a new on-chain programming language designed to be more powerful, easily auditable and highly secure than other available options. The Chia Network is capable of supporting atomic swaps, authorized payees, recoverable wallets, multisig wallets, rate-limited wallets and even colored coins. Chia Network is backed by some of the big names in the cryptocurrency a

Cardano Whales Double Holdings In 10 Days. Will This Stop The Onslaught?

Cardano (ADA) has been one of the most hardly hit cryptocurrencies during the latest market crash. It has so far lost over 60% of its all-time high, putting the majority of its investors right in the loss territory. The downtrend has been a cause for alarm among holders. But it looks like not everyone feels that way as some, mostly whales, have taken this as an opportunity to increase their holdings. Whales Fill Up On ADA A report from analysis firm Santiment shows a broad accumulation trend among whales when it comes to ADA. As the price of the digital asset had crumbled, big investors had ramped up their buying activity. One would think that with such value loss as that recorded by the cryptocurrency, whales with large holdings would dump their bags to save from further losses. Related Reading | Anthony Scaramucci Urges Bitcoin Holders To Think Long-Term As Downtrend Won’t Last Instead, these whales are taking this as a buying opportunity. The Sentiment report shows that the top A

Bitcoin stays near $38K as RSI breakout challenges 'boring' weekend

via Cointelegraph.com News https://ift.tt/4OMpu7xYW RSI is on route to repeating a trend break, which sparked "massive" BTC price moves twice in the last year, one analyst notes.

Powered by Blogger