Confidence through Research. Your place for up-to-date technical information, peer engagement and innovation related research for the #crypto industry.
BREAKING🚨: IMF Warns of Further #Crypto Selloffs and More Coins Failing. Speaking of tether $USDT in particular, the IMF executive stressed, “There’s some vulnerability there because they’re not backed one to one.”
BREAKING🚨: Close to 90% of the addresses taking part in the $186 million Nomad Bridge hack this past Aug. 1st have been identified as “copycats,” making off with a total of $88 million worth of #tokens.
NOW🚨: Billionaire entrepreneur Mark Cuban is facing a class-action lawsuit over his promotions of the bankrupt #cryptocurrency brokerage firm Voyager Digital.
NOW🚨: BitMEX former executive, Gregory Dwyer, pleads guilty on violating the Bank Secrecy Act. As part of a plea deal, Dwyer would pay a $150,000 fine.
BREAKING🚨: Tornado Cash co-founder reports getting kicked off GitHub, as a repercussion from the Treasury allegations that Tornado Cash had laundered more than $7 billion worth of #cryptocurrency.
BREAKING🚨: One of the most popular prediction #markets will have to close its doors after the Commodity Futures Trading Commission (CFTC) said it failed to comply with the terms of a no-action letter.
#crypto#cryptocurrency
NOW: Portugal’s biggest banks are closing the accounts of digital-currency #exchanges, something that could deal a blow to one of Europe’s most #crypto-friendly destinations.
NOW: #Crypto Exchange Zipmex Starts Allowing Some Altcoin Withdrawals.
The exchange set a timeline for withdrawals of Solana’s $SOL, Ripple’s #XRP and Cardano’s $ADA, from Zipmex’s Z Wallet. Larger coins including #Bitcoin and #Ether remain locked up.
BREAKING: Over 5000 wallets were drained by an unknown attacker, stealing at least $4 million worth of #Solana and #USDC late Tuesday night. The hack, seemed to originate on the Solana browser wallet Phantom and was believed to compromise user keys.
Jeremy McAlpine and Zachary Matar, founders of the #cryptocurrency DROP have been convicted of securities fraud and sentenced to 3 years and 2.5 years in prison, respectively.
Tether calls thesis behind #USDTether short-selling ‘flat out wrong.
#Tether said the hedge funds that shorted its stablecoin after Terra's collapse have “a fundamental misunderstanding of both the cryptocurrency market and Tether.”
What do you think? is tether backed 1/1?