Tether Updates Web site, Says USDT Backed by “Reserves,” Not Simply Money

Tether simply up to date its web site to make clear that every of its USDT tokens, which it used to claim had been “at all times backed 1-to-1 with conventional foreign money,” are backed by property aside from fiat foreign money. Now, the web site as a substitute reassures its patrons that it’s at…

Nasdaq Backed Blockchain Mission Raises $20 Million in Sequence B Funding

Nasdaq Ventures has led a collection B spherical of funding for the market-leading good contracts platform of Symbiont. Different companies that participated within the funding embody further new traders akin to Galaxy Digital, Citi, Raptor Group, and others. The funding will additional the objectives of the blockchain undertaking to create a sensible contracts platform for…