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Day: August 29, 2022

Aug 29
0.3% fall in assets “could render Tether technically insolvent” — WSJ

Wall Street Journal’s Jean Eaglesham and Vicky Ge Huang suggested that such a “thin cushion of equity” could cause mayhem in the market if Tether’s liabilities were to outweigh its assets. 742 Total views 33 Total shares An article in the Wall Street Journal (WSJ) has claimed that Tether’s balance sheet is in a position […]

Aug 29
18 ‘uncomfortable’ truths about nonfungible tokens

Nonfungible token (NFT) analyst and blockchain detective “OKHotshot” has highlighted his picks for 18 of the most “uncomfortable truths” about the NFT industry. In a lengthy 20-part thread to his 45,000 followers on Twitter on Aug. 27, OKHotshot laid bare many of the issues currently plaguing the NFT industry, including irresponsible celebrity endorsements, hacking, and the […]

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