See Also
Opinion: Tether is likely backed by Bitcoin U$ equivalents, not by cash US Dollars [June 2018]
A lot of the controversy surrounding the Tether cryptocurrency seems to focus on whether it is fully backed by US Dollar funds or not. Several relevant questions have been posed in this respect, such as why investors would keep U$ 2.5 billion (as of May 2018) in cash deposited as reserves for Tether, with little […]
Opinion: Will Tether blow up? [Dec 2017 Archive]
There is an elephant in the room in the cryptocurrency world and it’s called Tether. The concept of a cryptocurrency that is tied to the world’s reference fiat currency is very interesting indeed. But it has a very expensive requirement: for every unit of this cryptocurrency, there must be an equal unit in the reference […]
Opinion: Tether reserves to be tested during the market downturn [Jan 2018]
When both Bitcoin and altcoins are going down, it usually means cryptos are being traded for fiat currency. Right? Almost. There’s a curious cryptocurrency called Tether (USDT), which supposedly represents one coin for each US Dollar (USD) deposited in accounts in Asia. Right now Tether is one of the few currencies which gained value against […]
2013 Bitcoin and Altcoin Hacks [Part 5]
This article is part of our complete guide to Bitcoin and altcoin hacks. Here we cover Bitcoin and altcoin security incidents from the year 2013. Dogewallet Such hack. Many coin. Very disappear. Christmas of 2013 wasn’t a good time for Dogecoin investors. The recently created half-joke-half-serious cryptocurrency had just suffered its first major heist. Although […]