Tether destroyed 500 million USDT Tokens to combat Token inflation

Last month has been one wild ride for Tether (USDT). Tether has seen massive influxes of USDT to its Treasury. This is due to the cryptocurrency losing “parity” with the USD. The entire cause of the loss of parity were doubts about Tether’s ability to access banking services and the lack of USD/USDT conversion. Last

Financial Institutions are entering the Digital Currency Market

People know that financial institutions think of cryptocurrencies as arch enemies. But with the increase of opinions from financial advisors that the world is on the brink of another financial collapse because of inflation, maybe digital currency are the solution to some of the problems. Although not perfect, digital currency are still developing and will

Central Bank-issued Digital Currencies (CBDC): Even Banks don’t like them

It isn’t new that Central banks have negative views towards digital currencies. Though the interesting part is that they view central bank-issued digital currencies (CBDC) the same way. Earlier this month, Masayoshi Amamiya, the deputy governor of The Bank of Japan (BoJ) fully supported his negative stance from earlier this year. In April, the governor

Privacy Coins are the best way to stay hidden against Government tracking

One of the things that attracted both revolutionary minds and investors about cryptocurrencies was their “untraceable” qualities. Anonymous funds transfers were probably the first thing people learned about Bitcoin. Satoshi Nakamoto’s whitepaper talked about security and privacy coins that will help the people against the monetary system. This newfound freedom was something only people with