Category Archives: finance

Circle published a breakdown of its assets backing the USDC stablecoin for the first time in its latest attestation report. — Read on http://www.coindesk.com/circle-reveals-assets-backing-usdc-stablecoin Meanwhile the dollar is backed by absolutely nothing 😂

The U.S. president is accusing China of supporting cyberattacks, including ransomware, cryptojacking, digital extortion and theft. — Read on http://www.coindesk.com/biden-accuses-chinese-state-actors-of-ransomware-cryptojacking-attacks

“The product that Bitcoin is selling is 1/21 millionth of all the money in the world. That doesn’t have to change, it just kinda has to not break,” said Michael… — Read on cointelegraph.com/news/michael-saylor-doesn-t-think-bitcoin-is-going-to-be-currency-in-the-us-ever/amp

ZeroHedge – On a long enough timeline, the survival rate for everyone drops to zero — Read on http://www.zerohedge.com/crypto/yellen-summons-plunge-protection-team-discuss-regulating-stablecoins

Insiders say Bank of America, the second-largest bank in the U.S., has approved the trading of bitcoin futures for some clients. — Read on http://www.coindesk.com/bank-of-america-approves-bitcoin-futures-trading-for-some-clients-sources