Category: DeFi

What Stablecoins Might Become

(This article was originally published at Coindesk) Identifying the ideal path to regulatory compliance for a stablecoin has been difficult. It seems that United States regulators have taken a much more active interest in this industry, though it is still not entirely clear what they want stablecoins to be and what they will want stablecoins … Continue reading What Stablecoins Might Become →

Episode 26 — Cryptocurrency Lending is Too Good to Believe — Crypto Critics’ Corner

https://cryptocriticscorner.com/2021/09/13/episode-26-cryptocurrency-lending-is-too-good-to-believe/ https://anchor.fm/s/4fa795b4/podcast/rss https://youtu.be/A_Sj_ZrlyLs In this episode Cas and I discuss the problems with cryptocurrency lending companies including BlockFi, Celsius, and Nexo. They are marketed as risk-free while actually you take on significant counterparty risk.  AnchorSpotifyAppleGoogleOvercastRSS Feed

A History of Tether and Bitfinex’s Audits, Attestations, Memos, and Letters: Both Promised and Actual

https://anchor.fm/s/297d9b4/podcast/rss/ https://www.youtube.com/watch?v=E_eVGsVW6ZM Amidst all the confusion surrounding Tether and Bitfinex it can be difficult to keep track of what they have actually provided in terms of audits, attestations, and other documents to support their contentions. Here I will summarize, but the important note that needs to be included at the top is that both Bitfinex … Continue reading A History of Tether and Bitfinex’s Audits, Attestations, Memos, and Letters: Both Promised and Actual →

Sunday Reads – Things I Found Interesting 2021-05-30

Ethereum Vitalik breaks down the limits to scaling. Hard Forks Eric Wall shares a flowchart from the Segwit2X Bitcoin scaling debate that can serve as a useful model for understanding contentious hard forks. https://twitter.com/ercwl/status/1397977347572310018 Steve Bannon's Italian Gladiator School for Western Culture Ben Munster breaks down the absurdity of the above phrase. ICYMI https://bennettftomlin.com/2021/05/23/tether-and-bitfinex-are-unacceptable-the-fundamental-divide/ In … Continue reading Sunday Reads – Things I Found Interesting 2021-05-30 →

Why it makes sense for Coinbase to list Tether

I have recently been asked several times why would Coinbase list Tether. Especially among the revelations of the NYAG and the general controversy surrounding Tether. Fundamentally, what I believe it comes down to is money and knowledge. Coinbase Pro FeesGemini ActiveTrader FeesFTX.US FeesCoinbase Fees Coinbase USDT pair volumes as of 5/29/21 per CoinMarketCap The most … Continue reading Why it makes sense for Coinbase to list Tether →

Episode 6 – Crypto Capital Corp: the quiet billion dollar cryptocurrency scam — Crypto Critics’ Corner

In this episode Cas and I take a look at the payments processor for Bitfinex, Tether, Kraken, Quadriga, and Bitmex. They’re implicated in money laundering for the cartels, wire fraud, bank fraud, embezzlement, and more. Episode 6 – Crypto Capital Corp: the quiet billion dollar cryptocurrency scam — Crypto Critics' Corner https://anchor.fm/s/4fa795b4/podcast/rss https://youtu.be/bPAfTQjMkbk In this … Continue reading Episode 6 – Crypto Capital Corp: the quiet billion dollar cryptocurrency scam — Crypto Critics’ Corner →

Tether and Bitfinex are Unacceptable: The Fundamental Divide

It can be difficult to talk about Tether, not because there is disagreement on the essential facts, but due to the lens through which these facts are viewed. The skeptics and critics find it unacceptable that these businesses would give over $1 billion to money launderers and NEVER SIGN A CONTRACT. The traders find that … Continue reading Tether and Bitfinex are Unacceptable: The Fundamental Divide →