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Circle to Issue Weekly USDC Reserve Reports — Tether Publishes May 2022 Assurance Report

Circle to Issue Weekly USDC Reserve Reports — Tether Publishes May 2022 Assurance ReportThe co-founder and CEO of Circle, Jeremy Allaire, has announced the cryptocurrency firm that issues the stablecoin usd coin plans to provide the public with weekly stablecoin reserve reports. Additionally, the company Tether has also released an assurance report on its stablecoin reserves via the Cayman Islands auditing company MHA Cayman. Circle CEO Says Firm’s […]

‘We have excess electricity’: Belarus president orders development of crypto mining

Report: Billion-Dollar Hedge Fund Fir Tree Eyes Shorting the Stablecoin Tether

Report: Billion-Dollar Hedge Fund Fir Tree Eyes Shorting the Stablecoin TetherThe hedge fund Fir Tree Capital Management’s investors claim it has developed a method to short the stablecoin tether. A report notes that “clients of the firm” said the potential to reap big rewards from shorting the world’s largest stablecoin is great. Investors Say Hedge Fund Devised a Method to Short Tether, Fir Tree Bets […]

‘We have excess electricity’: Belarus president orders development of crypto mining