Tuesday, April 30, 2019

The leading “stablecoin” is no longer backed by $1 for every coin

A New York judge has ordered Bitfinex, a cryptocurrency exchange that shares a parent company with the "stablecoin" Tether, to turn over a bunch of ...

source https://www.google.com/url?rct=j&sa=t&url=https://arstechnica.com/tech-policy/2019/04/how-a-major-cryptocurrency-exchange-lost-control-of-851-million/&ct=ga&cd=CAIyGmM2Nzk3ODA2ZWViNjVjODI6Y29tOmVuOlVT&usg=AFQjCNEC4USCrqr8vMBzh-mNLFaLrte1Bw