Tether, the issuer of the world's largest stablecoin, has completed its first full independent audit of its financial statements, ending years of promises and scrutiny over the assets backing its USDT token. … [Read more...] about Tether completes first full audit after years of scrutiny
Samsung targets stablecoin distribution across hundreds of millions of Galaxy phones
Samsung Electronics Co. is moving to bring stablecoins directly into Samsung Wallet, potentially giving blockchain-based dollars a distribution channel spanning hundreds of millions of Galaxy devices. … [Read more...] about Samsung targets stablecoin distribution across hundreds of millions of Galaxy phones
Strategy reports $8.2 billion second-quarter loss on bitcoin valuation
Strategy Inc. reported a net loss of $8.2 billion for the second quarter, as changes in the market value of its Bitcoin holdings weighed on earnings under fair-value accounting rules. The company, which has transformed itself from an enterprise software provider into the largest corporate holder of Bitcoin, said it continues to view the cryptocurrency as its primary treasury … [Read more...] about Strategy reports $8.2 billion second-quarter loss on bitcoin valuation
The hardware wallet turns twelve: how two people in a Prague hackerspace invented the industry
Twelve years ago there was no such thing as a hardware wallet. To hold your own Bitcoin safely you needed a spare computer, a working knowledge of Linux, and the nerve to trust a setup you had wired together yourself. Most people did not have all three. They left their coins on exchanges and hoped for the best. … [Read more...] about The hardware wallet turns twelve: how two people in a Prague hackerspace invented the industry