📚 Daily News Update for Apr 15th

💵 Tether accused of minting ~$300M in uncollateralized USDT:
Tether, the largest stablecoin by market capitalization, has issued over $300 million in USDT during the last week. The sudden increase in supply has resulted in accusations that Tether is, once again, engaging in market manipulation and that its stablecoin is still unbacked by dollar reserves. Read more
#tether #stablecoin

📊 Bitmex Plans to Launch Bitcoin-backed Bonds:
Bitmex CEO, Arthur Hayes, revealed that his platform wants to launch Bitcoin-backed short term bonds. He also wants to allow buying S&P 500 and Nasdaq QQQ indices with BTC, particularly by people in emerging markets. Read more
#bitmex #bonds

🇫🇷 Bitcoin Disrupts France’s Massive $2.5 Trillion Life Insurance Market:
If you’re wondering if bitcoin will ever attain wide-scale adoption, look no further than France. French insurance companies can soon include cryptocurrencies in life insurance contracts, thanks to a vote by France’s National Assembly. Read more
#france #adoption

Fear and Greed Index:
ꜰᴜᴅ Today: 58 ꜰᴏᴍᴏ
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