Former Securities Exchange Commission (SEC) enforcement official John Reed has questioned the implication of the alleged lack of transparency by USDT stablecoin provider Tether. According to Reed, who worked with SEC for almost two decades, […]
With the digital asset industry enveloped in the red following the fallout of FTX, Tether has raised another possible risk to the crypto space over its lending activities. A Wall Street Journal report claims that […]
The company behind the tether stablecoin has increasingly been lending its own coins to customers rather than selling them for hard currency upfront. The shift adds to risks that the company may not have enough […]
US stocks were unable to hold onto earlier gains as Wall Street digested a swathe of economic data that showed inflation is easing and the labor market is cooling. It’s been a nice rally […]
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