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Yet another reason to dislike Tether: 300 addresses hold 80% of the ‘stablecoin’

Infamous stablecoin and pseudo currency Tether (USDT) doesn’t exactly have the cleanest of rap sheets, and if you needed another reason not to trust it, keep reading. According to recent findings from cryptocurrency researchers at Coin Metrics, around 300 entities hold about 80 percent of the Tether currently in circulation, Bloomberg reports. дальше »

2019-8-8 11:30


Tether Stablecoin Wallet Analysis Shows 318 Wallets Control 80% Of All USDT In Existence

Centralization is a well-known problem of crypto markets. People often referred to as whales control a fifth of some markets and have the strength to promote manipulation whenever they want to. Tether, however, seems to be facing an even worse situation: only 318 crypto addresses actually control 80% of the circulating supply of Tether (USDT). […] дальше »

2019-8-8 00:08


South Korean Fashion Platform Sinsang Market to Partner With Terra Stablecoin

Terra, a Singapore-incorporated stablecoin company, has recently decided to start a partnership with Sinsang Market, a major B2B fashion platform based in South Korea. According to a local site based on financial news, the new partnership will see vendors linked to the fashion market in South Korea. The two firms will get together to create […] дальше »

2019-8-6 23:37


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Banks Stopped Walmart Bank – Now the Retail Giant Hits Back With Crypto

On August 1, it was discovered that the giant retail corporation Walmart has patented plans for a stablecoin that’s backed by U.S. dollars. If released into the wild, the USD-based cryptocurrency would be issued to select Walmart retailers and partners while the patent’s description explains the coin could be used outside of Walmart’s retail scope […] The post Banks Stopped Walmart Bank – Now the Retail Giant Hits Back With Crypto appeared first on Bitcoin News. дальше »

2019-8-3 23:00


Walmart Applies for a Cryptocurrency Patent for Its Stablecoin Mimicking Facebook’s Libra?

Multinational retail corporation, Walmart has filed for a patent with the US Patent & Trademark Office for what seems like the firm’s respective stablecoin, the Walmart Coin. As per the brief overview of the application, the need for a method was outlined as follows: “Generating one digital currency unit by tying the one digital currency […] дальше »

2019-8-3 19:47


Tether and Bitfinex: In defense of a stablecoin on unstable grounds

Disclaimer: This is article expresses an unpopular opinion on a popular topic Civilizations throughout time have believed in a higher power. To some, that higher power is ‘God’, to others it is a mystery man, a group, ‘Illuminati’, operating from the shadows, with enough pull to control our every move, and perhaps, the world. дальше »

2019-8-2 20:00