Tether, the issuer of the largest stablecoin, USDT, is facing serious scrutiny over its lack of transparency and third-party audits, with Justin Bons labeling it a $118 billion “scam” that poses a significant risk to the crypto ecosystem, drawing parallels to the FTX collapse.
The post Tether’s Opaque Operations Raise $118 Billion, FTX-Like Concerns On The Rise appeared first on Cryptonews. …
Month: September 2024
Tensor Opens the Vault: NFT Finance Layer Now Fully Open-Source on Solana
Solana NFT marketplace Tensor goes open-source, offering developers free tools and a revenue-sharing model. However, the broader Solana NFT market shows volatility.
The post Tensor Opens the Vault: NFT Finance Layer Now Fully Open-Source on Solana appeared first on Cryptonews. …
Edison Chen, CEO of CUDIS, on Smart Rings Being Better Than Watches, Users Earning From Wellness Data, and Nonsensical Monthly Subscriptions | Ep. 371
CUDIS CEO Edison Chen discusses why rings are better than watches, how vital it is for every person to own their data and financially benefit from it, why charging monthly fees is a “weird” business model, and the $5 million funding round led by Draper Associates.
The post Edison Chen, CEO of CUDIS, on Smart Rings Being Better Than Watches, Users Earning From Wellness Data, and Nonsensical Monthly Subscriptions | Ep. 371 appeared first on Cryptonews. …
Cardano Founder Warns Trump’s World Liberty Financial Could Politicize the Industry
Cardano founder Charles Hoskinson expresses concerns over Trump’s World Liberty Financial, warning that the platform may face political opposition and regulatory scrutiny from the DoJ and SEC, threatening the cryptocurrency sector.
The post Cardano Founder Warns Trump’s World Liberty Financial Could Politicize the Industry appeared first on Cryptonews. …
Congressman Rich McCormick Calls on U.S. Government to Help Free Detained Binance Executive Tigran Gambaryan
Congressman Rich McCormick (R-GA) is calling on the U.S. Department of State to help free imprisoned Binance executive Tigran Gambaryan amid his ongoing detainment at the hands of Nigerian authorities. Gambaryan has been in captivity for seven months since officials from the African nation arrested him in February.
The post Congressman Rich McCormick Calls on U.S. Government to Help Free Detained Binance Executive Tigran Gambaryan appeared first on Cryptonews. …
Notcoin Price Set to Explode? Positive Trading Signals Hint at Huge Gains for NOT Holders
The Notcoin (NOT) price could be set to explode as it probes for a breakout above its 21DMA for the first time in weeks.
The post Notcoin Price Set to Explode? Positive Trading Signals Hint at Huge Gains for NOT Holders appeared first on Cryptonews. …
Sigh of relief for Ghana’s (not-so) new gender equality law
After decades of stalling, the new law is warmly welcomed but some worry how well it will be enforced.
Georgia elections board to require hand count of ballots
The move, likely to face legal challenges, comes just weeks before early voting starts in the key battleground state.
Key takeaways from first week of Titan sub hearings
The hearings have included new video and insights from those who worked on the Titan that day
Flight diverted after passenger finds live mouse in meal
The furry stowaway forced a Scandinavian Airlines plane to make an emergency landing.