Stablecoin issuer Tether has denied that its commercial paper portfolio is 85% backed by Chinese or Asian commercial papers. Author: Jamie Crawley
Tether Denies Claims of Asian Commercial Paper Backing, Exposure to Three Arrows Capital
Swan Bitcoin CEO Calls Celsius Withdrawal Freeze ‘So Opaque’
Swan Bitcoin CEO Cory Klippsten said on CoinDesk TV’s “First Mover” program that the crypto lending platform Celsius had misled investors. Author: Fran Velasquez
SEC Launches Inquiry Into Insider Trading at Crypto Exchanges: Report
The agency has sent a letter to at least one major crypto exchange asking about its safeguards, according to Fox News. Author: Nelson Wang
First Mover Americas: Coinbase Layoffs and the ‘Bear Market Guide’ to Bitcoin
The latest price moves in bitcoin ($BTC) and crypto markets in context, for June 13, 2022. Author: Bradley Keoun, Parikshit Mishra
Web 3 Service Provider ScienceMagic.Studios Raises $10.3M From Coinbase Ventures, DCG, Others
ScienceMagic.Studios has raised a $10.3 million pre-seed round from Digital Currency Group, Coinbase Ventures, among others. Author: Oliver Knight
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