After finding out at the end of April that Tether’s USDT was only about 74 percent backed by its reserves, the stablecoin issuer has now admitted to investing some of its cash reserves in bitcoin.
Prague’s Paralelní Polis acts as a hub for the Institute of Cryptoanarchy, and the group is set to expand its reach around the world.
After signing an “exclusive” streaming deal with the blockchain-based streaming service DLive, controversial YouTuber PewDiePie has helped the site reach five million monthly active users and over 70,000 streamers.
Despite being sued by the New York attorney general, crypto exchange Bitfinex and offshoot Ethfinex have launched Tokinex, which will hold several initial exchange offerings on its platform.
While Craig Wright is able to register for the copyright – and may very well receive it – the process in no way solidifies his claims of being Satoshi Nakamoto.
Obama Hack Judge Rules Trump Must Deliver Private Financial RecordsBy CCN: In a brazen but unsurprising move last week, Democrats issued a subpoena to accounting firm Mazars USA for eight years’ worth of Donald Trump’s financial records. It should thus come as no surprise that Barack Obama judicial appointee U.S. District Court Judge Amit Mehta refused
Beware: Lyft’s Car Rental Program Is a Sucker’s Bet for DriversBy CCN: One of the earliest scams in the rideshare world was providing cars to drivers who didn’t have one or couldn’t afford one. It was particularly insidious early on because Uber was touting salaries of $96,000 a year for its drivers (which turned out
Earlier in May, researches predicted Stellar’s network would go offline. Just last week, it happened, and now the cryptosphere is raising an eyebrow at the decentralized network’s inability to actually be decentralized.
While voting on whether the loan fee should be raised on the Dai stablecoin, Maker token holders failed to stake enough coins in the vote to fulfill the contract, leaving the vote undecided.
Along with holding talks aimed at introducing high school students to blockchain technology, hackers at ETH New York worked to develop dApps that tackle everything from issuing life insurance on the Ethereum blockchain to crypto wallets for the visually impaired.