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Tether Launches USDT on Tezos

Tether Launches USDT on Tezos

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Tether, the world’s largest stablecoin by market capitalization, is now available on the Tezos proof-of-stake blockchain. The launch of Tether’s USDT comes after months of testing and beta testing by several prominent crypto exchanges. Binance Labs, Kraken, and KuCoin are among the companies that have tested Tether’s new blockchain asset. “We’re thrilled to welcome Tether to the Tezos community,” said Ryan Jesperson,...

Cryptocurrencies, Front page, News

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ethereum ropsten merge

Testnet Ethereum Merge Completes Successfully on Ropsten

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The testnet Ethereum Merge has been completed successfully on the Ropsten testnet, and developers are now focused on the final merge in late Q3 or early Q4 2022. Ethereum’s testnet has successfully migrated to the new Proof-of-Stake (PoS) consensus algorithm. This means that Ethereum has completed its first step towards a PoS future. The next step will be to execute a final merge of the Ethereum testnet on Ropsten with the...

Blockchain, Cryptocurrencies, Ethereum, Front page, News

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ethereum difficulty bomb - Ticking Bomb by puroticorico

What is the Ethereum difficulty bomb?

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The Ethereum network is facing its own version of a “difficulty bomb” that will start to slow down the current blockchain system. The Difficulty Bomb is a difficulty adjustment algorithm that is designed to make block mining more difficult over time. It was originally implemented with the goal of incentivizing miners to switch to Proof-of-Stake (PoS) mining. The difficulty bomb was first announced in 2015 and was originally set to go live...

Cryptocurrencies, Ethereum, Front page, News

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christine lagarde

Christine Lagarde thinks crypto assets are worthless but her son invests in crypto

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Christine Lagarde, president of the European Central Bank (ECB), has stated that crypto-assets should be regulated and are worthless but has admitted that her son is a crypto-investor. Speaking at an event, Lagarde said: “I am not a big fan of Bitcoin and other cryptocurrencies. I believe in the potential of blockchain technology and its ability to support financial inclusion and expand access to financial services for many people...

Bitcoin, Crypto adoption, Cryptocurrencies, Front page, Main, News

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tether

Tether Announces Reduction In Commercial Paper Reserves

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Tether’s commercial paper holdings have been reduced by 17% as the company seeks to improve the quality of its reserves. In its Consolidated Reserves Report released Thursday, the company indicated that it had reduced its commercial paper holdings from USD $24.2 billion to USD $20 billion during the first quarter of 2021. As of March 31, the end of the first quarter, Tether’s reserves were USD $82 billion of which 86% consisted of...

Altcoins, Cryptocurrencies, Front page, News

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