crypto

The company behind USD stablecoin Tether (USDT) only has enough cash to back three-quarters of its increasing supply, its lawyers confirmed in documents released on April 30. As part of an ongoing legal process involving the New York Attorney General, Zoe Phillips of law firm Morgan Lewis said that at the time of writing, 73%Read More →

litecoin

Say what you like about Charlie Lee, but he’s certainly not doing it for the money. Like most people developing the Litecoin (LTC) ecosystem, the creator of the fifth-largest cryptocurrency does not receive a single litoshi for his efforts. CBNN has learned that the Litecoin Foundation, the non-profit organization dedicated to building and promotingRead More →

crypto

Grin, a cryptocurrency that leverages the mimblewimble privacy technology, has just gone live on mainnet. Named after the tongue-tying curse in the Harry Potter book series, mimblewimble is a protocol that fuses transactions together such that they are indecipherable – even on a public digital ledger. While it has been inRead More →

crypto

Japan’s Financial Services Agency has published its draft report outlining new cryptocurrency regulations. The report contains measures in areas that are not currently addressed in existing laws such as hacking incidents, deemed dealers, privacy coins, self-regulation, and margin trading. New Crypto Regulatory Framework: Japan’s top financial regulator, the Financial ServicesRead More →