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This website is tracking the instability of stablecoin Tether

Oct16
by on October 16, 2018 at 12:57 pm
Posted In: Around the Web, cryptocurrency, Hard Fork


The cryptocurrency sector has grown anxious over a market reliance on controversial “stablecoin” Tether (USDT), after its value dropped well below its supposedly pegged price of $1. In fact, the market is so concerned with the risks associated with USDT that a “Tether premium” has formed on the cryptocurrency exchanges still using it. Stablecoins like USDT are supposed to be equally valued and completely interchangable with the US dollar. But as the value of USDT has become increasingly unreliable, concerned community members have built a handy website to track this discrepancy, which it represents as a “risk premium”. It automatically…

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$11M Indian cryptocurrency scam investigation stalls as victims avoid testifying

Oct16
by on October 16, 2018 at 12:47 pm
Posted In: Around the Web, blockchain, cryptocurrency, Hard Fork


It seems there’s news of a new cryptocurrency scam every week. Usually, as victims come forward the scam is revealed and the perpetrators get caught. However, one scam investigation in India has hit a dead end. Subhashchand Jewria encouraged people to invest in their virtual currency, ATC Coin. Claiming after an 18 month “lock-in” period the cryptocurrency could be used for online shopping, but nothing ever materialized. A year after Jewria’s arrest, the investigation is stalled as no victims have come forward, the Indian Express reports. Several of the scam’s victims were identified during the investigation, but when asked, none…

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a couple of laughzillas on a blue diamond background

$11M Indian cryptocurrency scam investigation stalls as victims avoid testifying

Oct16
by on October 16, 2018 at 12:47 pm
Posted In: Around the Web, blockchain, cryptocurrency, Hard Fork


It seems there’s news of a new cryptocurrency scam every week. Usually, as victims come forward the scam is revealed and the perpetrators get caught. However, one scam investigation in India has hit a dead end. Subhashchand Jewria encouraged people to invest in their virtual currency, ATC Coin. Claiming after an 18 month “lock-in” period the cryptocurrency could be used for online shopping, but nothing ever materialized. A year after Jewria’s arrest, the investigation is stalled as no victims have come forward, the Indian Express reports. Several of the scam’s victims were identified during the investigation, but when asked, none…

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a couple of laughzillas on a blue diamond background

The earth’s fate isn’t on individuals — it’s on society

Oct16
by on October 16, 2018 at 12:34 pm
Posted In: Around the Web, syndication


Following the 2015 Paris Agreement to hold the global increase in climate to below 2℃ above pre-industrial levels, the UN’s Intergovernmental Panel on Climate Change (IPCC) was asked to produce a report on the impacts of global warming of 1.5℃. The report focuses on what must be done if we want to avoid warming above 1.5℃, and the difference between 1.5℃ and 2℃ warming. The general message is that the ecological and social impacts of 1.5℃ are significantly more manageable than 2℃ – half a degree of warming is a big deal. The IPCC thinks we still have a chance…

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a couple of laughzillas on a blue diamond background

The earth’s fate isn’t on individuals — it’s on society

Oct16
by on October 16, 2018 at 12:34 pm
Posted In: Around the Web, syndication


Following the 2015 Paris Agreement to hold the global increase in climate to below 2℃ above pre-industrial levels, the UN’s Intergovernmental Panel on Climate Change (IPCC) was asked to produce a report on the impacts of global warming of 1.5℃. The report focuses on what must be done if we want to avoid warming above 1.5℃, and the difference between 1.5℃ and 2℃ warming. The general message is that the ecological and social impacts of 1.5℃ are significantly more manageable than 2℃ – half a degree of warming is a big deal. The IPCC thinks we still have a chance…

This story continues at The Next Web

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