Report Alleges Tether Used Fraudulent Documents to Access Global Banking Accounts via Crypto Firms, Raises Terrorist Financing Concerns
An investigation by the Wall Street Journal suggests that Tether used deceitful methods to gain access to global banking accounts through crypto firms. The Wall Street Journal discovered that Tether opened accounts using different corporate names with executives bearing slightly different names than established executives. The Wall Street Journal reviewed documents that showed Taiwanese accounts […]
Solana Blockchain Outage Sparks Plans for Upgrades to Reduce Future Network Disruptions
The Solana Foundation noted in an update on 27 February 2023 that the root cause of the 20-hour long network outage on 25 February was not yet clear. However, Solana Labs co-founder & CEO Anatoly Yakovenko did talk about what had not caused the latest outage. The Solana Labs exec dismissed claims that the downtime was due to the […]
Majority of Crypto Community Sees Advantages in Owning NFTs, Survey Finds
A recent joint report by DappRadar and Alsomine has found that owning non-fungible tokens (NFTs) is widely viewed as advantageous by the majority of respondents. In total, 92% of participants noted the benefits of NFT ownership, while 52% ranked the ability to purchase NFTs with credit cards among their top two priorities. The survey of […]
