CryptoSlate Recap | Bitcoin and gold–why Warren Buffett doesn’t invest in either | Tether bombshell | As XRP underperforms Ripple and CTO David Schwartz sell-off holdings
|Apr 26||Public post|| 6|
Welcome to CryptoSlate Recap, our daily, free newsletter containing links to some of the top blockchain stories on CryptoSlate and across the web.
On Apr. 25, the office of New York Attorney General Letitia James alleged iFinex, the company behind Bitfinex and Tether, of misusing $900 million of Tether’s cash reserves to hide an $850 million loss.
Within the last 30-days, bitcoin has gained 29 percent and the crypto markets overall have appreciated 22.5 percent.
As excitement starts to once again build in bitcoin, it is important to consider why it may underperform as an investment.
Jacob Canfield notices the Tether FUD is causing a massive transfer of crypto assets off Bitfinex.
Tim Copeland dug deeper into Crypto Capital, the shady company at the heart of the Bitfinex and QuadrigaCX scandals.
Joseph Young observed the volume of non-Tether stablecoins has significantly risen after yesterday’s revelations.
Binance Research releases a new report, this time taking a look at the returns driven by categorizing cryptoassets.
Crypto market data
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Disclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to content within this article.