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Tether in court: Yep, we sort of, kind of, definitely used our reserves to buy Bitcoin

It appears that contrary to its marketing promises, Tether – a cryptocurrency pegged to the US dollar – used some of its dollar reserves to buy Bitcoin. The stablecoin issuer, which shares management and ownership with cryptocurrency exchange service Bitfinex, has admitted it used its reserves to invest in Bitcoin and other “assets,” according to court transcripts obtained by The Block. дальше »

2019-5-22 11:12


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Myanmar’s Central Bank Wary of Volatile Cryptocurrencies; Cautions Investors to Not Trade

According to a report by The Myanmar Times, published May 20, 2019, the Central Bank of Myanmar (CBM) has warned investors against trading in cryptocurrencies due to their volatile nature. The Burmese Apex Bank Issues an Anti-Crypto Warning Aiming to safeguard novice investors from the volatile nature of digital currencies, the CBM earlier has issuedRead MoreRead More. дальше »

2019-5-21 13:00


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Venezuela and Russia in Talks to Use State-Backed Petro Cryptocurrency for Bilateral Trade

Venezuela, a South American country embroiled in a bitter political impasse, is negotiating with Russia over abandoning the USD in their bilateral trade settlements. The two countries are in talks over the use of the Russian ruble, according to Jorge Valero, Venezuela’s representative in UN’s Geneva offices. дальше »

2019-5-20 15:24