— SEC, Stablecoins
TUSD up to 99.7% backed by speculative assets despite SEC settlement
Dollar-pegged stablecoin TUSD may still be up to 99.7% backed by speculative assets, despite an SEC settlement that alleged this behavior.
Results for Stablecoins
101 stories, newest first
— Banking, Heartland Tri-State
Tether blacklist saved shareholders defrauded by bank CEO
In a move likely linked to its cooperation with the FBI, Tether blacklisted an address after Heartland Bank's CEO stole millions of dollars.
Bitcoin Policy Institute pitches US strategic bitcoin reserve
The Bitcoin Policy Institute published a report endorsing a strategic reserve of bitcoin akin to US strategic reserves of gold or petroleum.
Tether’s Q3 attestations prove that it can’t quit secured loans
Despite Tether's previous promises that it would stop extending secured loans, the program has quietly continued.
— Luna, Stablecoins
How Terra collapse nearly killed algorithmic stablecoins
The spectacular failure of Terra has caused money to flee from algorithmic stablecoins and has seen many abandon their plans.
Maker will be able to remotely freeze its new USDS stablecoin
Maker DAO is incentivizing DAI holders to convert their stablecoins into the new, reward-yielding USDS, which has a remote freeze capability.
Christian Angermayer helped Wirecard, now he helps Tether
Christian Angermayer, a German billionaire who previously connected SoftBank to Wirecard, is now connecting Tether to investments.
Justin Sun’s USDD removes 12,000 BTC without DAO approval
Despite Sun and USDD's claims that it is governed by a DAO, there are no governance votes that seem to correspond to the change.
— aUSDT, Stablecoins
Tether’s gold-backed aUSDT barely minted since its launch a month ago
Despite Tether's gargantuan size and billions in annual profit, just five wallets have opened aUSDT positions and only 32 wallets hold it.
— Bitcoin mining, Northern Data
Tether-owned Northern Data accused of fraud by former execs
Tether-owned Northern Data has been accused of securities fraud and tax evasion in a lawsuit filed by former executives.