Tether
Tether Market Cap Drops by $10B Since UST Collapse, Concerns Over Terra Backer Celsius
Quantum Economics Director of Blockchain Market Research Alexandre Lores discusses what to make of investors redeeming $10 billion worth of stablecoin Tether (USDT) since Terra's collapse, and why he prefers to hold only USDC. Plus, his take on concerns over Terra's backer Celsius after it pulled at least half a billion dollars out of Anchor Protocol just as the Terra losses began.
Do Kwon’s Taxing Questions; China’s Underground Mining
Terra’s Do Kwon answers back on office closures and tax payments. Tether (USDT) market cap has dropped by $10B since UST collapse. Sources say crypto miners have gone underground in China amid ban. Wine and liquor NFT platform looks to open up the industry. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Tron Founder Justin Sun on Stablecoins in Wake of Terra Collapse
Tron founder Justin Sun discusses his take on the Terra ecosystem in the wake of UST’s meltdown, the risks and benefits of algorithmic stablecoins, the impact of Tether’s USDT on the crypto markets and Tron’s stablecoin USDD. Plus, responding to financial crime allegations made by The Verge.
Tron Founder Justin Sun on Stablecoins in Wake of Terra Collapse
Tron founder Justin Sun discusses his take on the Terra ecosystem in the wake of UST's meltdown, the risks and benefits of algorithmic stablecoins, the impact of Tether's USDT on the crypto markets and Tron's stablecoin USDD. Plus, responding to financial crime allegations made by The Verge.
Key Takeaways From Tether’s Attestation Report
Tether reduced its commercial paper holdings by 17% in 2022 Q1, according to its latest attestation report. Its market cap also fell $7.4 billion amid the collapse of the Terra ecosystem. Jeff Howard, Business Development & Institutional Sales at OSL, breaks down the details of Tether’s latest attestation report.
Tether redujo sus reservas de papel comercial un 17% en el primer trimestre, según los contables
La reducción ha continuado con un recorte adicional del 20% desde el 1 de abril, lo que se reflejará en el informe del segundo trimestre, dijo el emisor de la moneda estable.
Qué tener en cuenta en el próximo informe de certificación de Tether
El principal proyecto de stablecoin aún no ha publicado su informe de marzo que certifica sus reservas. Tras el caso de Terra, los inversores tienen derecho a información más actualizada, afirma nuestro columnista.
US Agencies Warn of Attempts by North Koreans to Get IT Jobs
Three U.S. government agencies warned on Monday that some North Korean IT workers were trying to secure jobs while concealing their nationalities. CoinDesk’s Nikhilesh De discusses what we know so far and what this means for crypto.
