profiles of people

Patrick McKenzie and Tyler Cowen in conversation.

Here’s a run-on sentence: “Tyler sat down with Patrick to discuss signature fields on the back of credit cards, whether bank tellers or waitstaff are more trustworthy, the gremlins behind spurious credit card declines, how debt collection and maple syrup […]

on the blockchain

Tether freezes wallets linked to terrorist groups.

“Unlike more traditional cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), stablecoins—such as Tether’s USDT—are directly issued by centralized entities, and backed by centralized reserves of real-world assets. In practice, that means users holding stablecoins can be programmatically frozen out of […]

on the blockchain

Tether gets a stern scolding, sent on its way

The best part is that the NY Attorney General’s press release takes an upbeat tone on their success. “An agreement with iFinex, Tether, and their related entities will require them to cease any further trading activity with New Yorkers, as […]

on the blockchain

Tether price manipulation

“Tether has been manipulating #Bitcoin’s price upwards for years now by printing unlimited, and unbacked $USDT. This thread will cover the controversial aspects surrounding Tether, and how it will eventually meet its demise.…” | learn more

on the blockchain

Tether is back under fire

This time, from the NY Attorney General. “The suit has also revealed that Bitfinex purportedly sent $850 million to a Panama-based company, lost access to the funds as a result of a government seizure, and had to dip into Tether’s […]