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This article was written up by Bizantine Capital. I have never heard from them before. These two founders started investing in Ethereum back in 2017. I have learnt quite a fair bit from their old articles back in 2020 (before this recent bull run). They explained a lot of the tech concepts in a layman term and mainly building their bull case from a fundamental point of view. I thought I just had a quick share with you guys.
By Reuters Staff
July 26, 2021 (11:16 AM EDT)
July 26 (Reuters) - The U.S. Department of Justice is probing whether executives behind the Tether digital token committed bank fraud during the nascent stages of its cryptocurrency business, Bloomberg News reported on Monday.
The probe is focusing on events from several years ago when Tether, a stablecoin launched in 2014, was in its early stages, the report said.
The agency is examining whether Tether concealed from banks that transactions were linked to crypto, the report added, citing three people with direct knowledge of the matter.
Tether and a spokesperson for the Department of Justice did not immediately respond to Reuters requests for comment.
The stablecoin universe is so far dominated by two main tokens, Tether and USD Coin. Tether is already more than 60% of the total stablecoins currently issued, worth about $100 billion.
Reporting by Niket Nishant in Bengaluru and Chris Prentice in Washington; Editing by Shailesh Kuber
Hi folks,
I posted on Bitcoin and Ethereum recently and thought you might be interested in Terra, Luna, Mirror and Anchor. The big picture view helps me, but others might see it as a Where's Waldo pic. Anyway, here are a few and a link to a more detailed walkthrough.
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