USDT issuer Tether has up to $1.7B in excess reserves, CTO says

USDT issuer Tether has up to $1.7B in excess reserves, CTO says

CoinTelegraph reported: Cryptocurrency firm Tether — the issuer of stablecoin, Tether (USDT) — expects to make a $700 million profit in the first quarter of 2023, matching the profits of the last quarter of 2022,

Arbitrum airdrop: Hacked vanity addresses used to siphon $500K

Arbitrum airdrop: Hacked vanity addresses used to siphon $500K

CoinTelegraph reported: Hacked vanity addresses have reportedly been used to steal $500,000 worth of tokens from layer-2 scaling solution Arbitrum’s March 23 airdrop.A vanity address is a customized cryptocurrency address containing specific words or phrases chosen

Greenpeace war on Bitcoin unintentionally spawns ‘badass’ new mascot

Greenpeace war on Bitcoin unintentionally spawns ‘badass’ new mascot

CoinTelegraph reported: Environmental group Greenpeace’s latest salvo against Bitcoin (BTC) is commissioning artwork to highlight its climate impact. Instead, the art piece has been widely praised by Bitcoiners, who want to adopt it as its

ChatGPT can now access the internet with new OpenAI plugins

ChatGPT can now access the internet with new OpenAI plugins

CoinTelegraph reported: Artificial intelligence chatbot ChatGPT can now retrieve information from online sources and interact with third-party websites via a new plugin feature introduced by its creator, OpenAI. The plugin feature is still in its

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December 14, 2022

Tether to reduce secured loans to zero in 2023 amid battle against FUD

CoinTelegraph reported: The world’s largest stablecoin issuer, Tether, has pledged to eventually stop the practice

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December 14, 2022

PayPal has become an episode of Black Mirror: Elon Musk

CoinTelegraph reported: PayPal's former leadership, also known as the "PayPal Mafia," have slammed the payments

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December 14, 2022

CFTC declares Ether as a commodity again in court filing

CoinTelegraph reported: The Commodity Futures Trading Commission (CFTC) has again labeled Ether (ETH) as a

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December 14, 2022

Apple to allow third-party app stores in windfall for NFTs and crypto

CoinTelegraph reported: Tech giant Apple is gearing up to permit third-party app stores on its

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December 14, 2022
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First Mover Asia: Busan as Blockchain Hub? The Korean City Is Traveling the Wrong Path; No Bail for Bankman-Fried

CoinDesk reported: Ether was recently changing hands at $1,319, also up 3.4% from Monday, same

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December 13, 2022
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Bankman-Fried Lawsuits Expose FTX’s ‘Special Treatment’ of Alameda Research

CoinDesk reported: “On November 6, 2022, in response to this article, the CEO of Binance

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December 13, 2022
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Coinbase’s Prime Broker Platform Receives Industry Attestation Reports

CoinDesk reported: SOC 1 examines internal controls over financial reporting, while SOC 2 looks at

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December 13, 2022
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Judge Approves Sale of Self-Custody Platform to Galaxy Digital in Celsius Bankruptcy

CoinDesk reported: Please note that our privacy policy, terms of use, cookies, and do not

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December 13, 2022
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Crypto Markets Today: Sam Bankman-Fried Hearing Tops Another Troubling Day

CoinDesk reported: Bitcoin (BTC) and ether (ETH): The largest cryptocurrency by market capitalization climbed 4%

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December 13, 2022
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FTX Founder Sam Bankman-Fried Denied Bail in the Bahamas

CoinDesk reported: Magistrate Judge Joyann Ferguson-Pratt ordered that there be an extradition hearing next year,

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December 13, 2022

Why Hong Kong Is Pushing for Its Own Central Bank Digital Currency

CoinDesk reported: To safeguard U.S. leadership in the global financial order, the U.S. government should

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December 13, 2022
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Chelsea Manning: Crypto’s Privacy Problem Depends on Improving Its Technology

CoinDesk reported: “There is a chance now, given this discussion, to innovate in a way

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December 13, 2022

2023: The Year Blockchain Becomes a Sustainability Solution

CoinDesk reported: Clearly, this technology is nascent, and nobody is saying that blockchain on its

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December 13, 2022

Starlink, Verizon 5G and Crypto: What the New ‘War of the Currents’ Means for Decentralization

CoinDesk reported: In the current “builder’s market,” blockchain developers and founders need to pay closer

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December 13, 2022
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Crypto Market’s Near-Apocalypse in 2022 Turns Zombie Tokens Into Dead Coins

CoinDesk reported: “During this period, many cryptocurrency projects, tokens and coins with little to no

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December 13, 2022
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Inside Sam Bankman-Fried’s First Bahamas Court Hearing After His Arrest

CoinDesk reported: Please note that our privacy policy, terms of use, cookies, and do not

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December 13, 2022

Blockchain vs. Crypto: Not What It Seems

CoinDesk reported: There’s also a strong cohort who thinks we should focus on more innovative

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December 13, 2022
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Binance’s CZ Welcomes ‘Stress Test’ as Exchange Resumes USDC Withdrawals

CoinDesk reported: “I think some retail investors are freaking out because of the FUDs over

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December 13, 2022

CoinDesk Holiday Crossword

CoinDesk reported: Please note that our privacy policy, terms of use, cookies, and do not

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December 13, 2022
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Silvergate Shares Drop to Fresh 2-Year Low Amid FTX Testimony

CoinDesk reported: “Traders don't want to hold Silvergate Capital this week as fears that any

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