Criptos News

Latest news about blockchain and cryptocurrencies

Tether to Launch New Pound Sterling-Backed Stablecoin

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Post-Merge Ethereum Centralization Concerns Validated by Vitalik Buterin

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Tether Launches GBP-pegged Stablecoin, Supports UK Plan to Become ‘Cryptoasset Hub’

The stablecoin issuer Tether, known as the company behind the world’s largest stablecoin USDT, on Wednesday announced the launch of a new stablecoin pegged to the British pound. The pound-pegged coin is called GBP₮ (GBPT), and will initially live on the Ethereum (ETH) blockchain, Tether’s announcement said. It did not specify what other blockchains might be supported later…. Read more →

Vitalik Buterin Confirms Post-Merge Ethereum Centralization Concerns, Urges Not to ‘Overly Catastrophize’ It

Ethereum (ETH) co-founder Vitalik Buterin has said he is “definitely” worried about centralization risks following The Merge, the event when the current Ethereum Mainnet merges with the beacon chain proof-of-stake (PoS) system. The Ethereum mastermind noted that Lido Finance, the largest provider of staking services for Ethereum, where around a third of staked ETH (stETH) has been deposited, could theoretically disturb the Ethereum network post-Merge. Read more →

Tether Condemns 3 ‘False Rumors’ About Its Exposure

Tether, the company that issues the biggest USD-pegged stablecoin USDT, said that it condemns what it calls “false rumors” that its holdings include large amounts of Chinese commercial paper that supposedly trades at a discount. The company also distanced itself from Celsius (CEL) and Three Arrows Capital-related rumors. …Read More: Tether Condemns 3 ‘False Rumors’ About Its Exposure… Read more →

Hawkish ECB Intentions, Tether on Tezos, Osmosis Promises to Cover Losses + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________…Read More: Hawkish ECB Intentions, Tether on Tezos, Osmosis Promises to Cover Losses + More News… Continue reading on https://cryptonews.com/news/hawkish-ecb-intentions-tether-on-tezos-osmosis-promises-to-cover-losses-more-news.htm Read more →