What is Tether? What you need to know about the USDT stablecoin
What is tether ?Tether (USDT), introduced in 2014 by Tether Limited, is an ERC-20 token based on blockchain technology and a stablecoin linked to the US dollar. Stablecoins typically have a 1:1 association with the US dollar and are less volatile than cryptocurrencies such as bitcoin (BTC) and ether (ETH). As the first exchange to offer the coin, there were rumours that Tether was affiliated with the Bitfinex cryptocurrency exchange shortly after its introduction. This information was validat...
What is Tether? What you need to know about the USDT stablecoin
What is tether ?Tether (USDT), introduced in 2014 by Tether Limited, is an ERC-20 token based on blockchain technology and a stablecoin linked to the US dollar. Stablecoins typically have a 1:1 association with the US dollar and are less volatile than cryptocurrencies such as bitcoin (BTC) and ether (ETH). As the first exchange to offer the coin, there were rumours that Tether was affiliated with the Bitfinex cryptocurrency exchange shortly after its introduction. This information was validat...
There are 5 major crypto headwinds alarming the market right now. • Mt. Gox 142,000 $BTC unlock • Shanghai upgrade $ETH withdrawals • Silvergate collapse • Macroeconomic shift • Regulatory crypto clampdown 🧵: Here's how each headwind will affect the market
Mt. Gox 142,000 $BTC are set to be released this year, with creditors expecting to finally start seeing their Bitcoins this month. Repayments are set to start from March 10th, with a deadline to be paid out by September 30th.The Mt. Gox saga has a long and interesting back story of hacks, lies and deceit which I summed up in a comprehensive thread last year. It will provide valuable information to contextualise where we sit today. How will this affect the market? As alluded to in my original ...
There are 5 major crypto headwinds alarming the market right now. • Mt. Gox 142,000 $BTC unlock • Shanghai upgrade $ETH withdrawals • Silvergate collapse • Macroeconomic shift • Regulatory crypto clampdown 🧵: Here's how each headwind will affect the market
Mt. Gox 142,000 $BTC are set to be released this year, with creditors expecting to finally start seeing their Bitcoins this month. Repayments are set to start from March 10th, with a deadline to be paid out by September 30th.The Mt. Gox saga has a long and interesting back story of hacks, lies and deceit which I summed up in a comprehensive thread last year. It will provide valuable information to contextualise where we sit today. How will this affect the market? As alluded to in my original ...
