Bitfinex general counsel Stuart Hoegner has dismissed the notion that only 74% of the tether stablecoin in circulation is fully backed. Hoegner insists the stablecoin is fully backed by assets that include cash, cash equivalents as well as bitcoin. However, both Hoegner and the company’s CTO Paolo Ardoino, are pushing back against the narrative that […]

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CoinDesk: Friday January 22, 2021

30 Charged in Japan With Trading $96M-Worth of Crypto Stolen in Coincheck Hack

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CoinDesk: Friday January 22, 2021

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Bitcoin.com: Friday January 22, 2021

Hive Blockchain Buys 6,400 Bitcoin Miners From Canaan, Capacity Reaches 1,229 PH/s

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The Independent - World: Friday January 22, 2021

Iran, pressured by blackouts and pollution, targets Bitcoin

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Bitcoin.com: Friday January 22, 2021

DMEX Integrates xDAI for Cheap Decentralized Perpetual Contracts With up to 100x Leverage and No KYC

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Bitcoin.com: Friday January 22, 2021

Thai Financial Watchdog Asks Local Crypto Exchange to Fix Issues After Three Massive Outages

The Securities and Exchange Commission of Thailand (SEC) issued an order against a local cryptocurrency exchange to temporarily stop its operations.