Whether the Tether stablecoin (USDT) has been fully backed with reserves has been a question for years. In 2019, skeptics were vindicated after the New York Attorney General’s office announced there was a roughly $850 million hole caused by Tether loaning funds from its reserve to Bitfinex, its sister company. Still, Tether claimed it had patched the hole and was fully backed again in the years following that announcement.
BTC, ETH Consolidate Ahead of Ether ETF Decision
Shares in Nvidia reached a record high during Wednesday's post-market hours after the company beat analyst estimates to report record...