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CoinDesk Crypto

Reviewing the Tether Documents

3 years 4 months ago
Last week, CoinDesk received documents in response to a New York state Freedom of Information Law request about the details of Tether’s reserves. These documents were released two years after our original filing in 2021 and only after a full-blown legal fight with Tether, w

Why Short Sellers May Have a Hard Time Betting Against Tether

3 years 4 months ago
With the U.S. Securities and Exchange Commission (SEC) seemingly committed to burning the earth and salting the fields of the cryptocurrency industry, the stablecoin tether (USDT) could face serious pressure. Whether out of worry of a direct regulatory attack by U.S. authorities,

Crypto and AI: Save Us From the Hype

3 years 4 months ago
We’ve seen this before. A radical technological breakthrough spins off applications that promoters insist will revolutionize whatever industry they happen to be targeting. Breathless conferences promise that nothing will ever be the same again. Funding floods in at back-of-

Alibaba's Crypto Friendly Joseph Tsai Set to Become Chairman

3 years 4 months ago
Alibaba (NYSE: BABA) said on Tuesday that Joseph Tsai, one of its founders, will step into the role of Chairman come September.This leadership shuffle, which also saw the company name Eddie Yongming Wu as its new CEO, comes as it reorganizes itself into multiple units, separating
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