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 […]
2017 Bitcoin and Altcoin Hacks [Part 9]
This article is part of our complete guide to Bitcoin and altcoin hacks. Here we cover Bitcoin and altcoin security incidents from the year 2017. BitGrail In late 2017, Italian cryptocurrency exchange BitGrail was hacked and 2.5 million NANO were stolen. Initially, the exchange reported the issue as a “maintenance”: XRB withdrawals will be enabled […]
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 […]