News for hackers. Stuff that matters.
Re:Tether Says Stablecoin Is Only Backed 74% by Cash, Securi... by mikeyouse on Tuesday April 30, 2019 @04:41PM (#19791730)
Conveniently enough, it works out that they're about $740 million short of their obligations. That's a lot of money.
Re:Tether Says Stablecoin Is Only Backed 74% by Cash, Securi... by astrodust on Tuesday April 30, 2019 @05:36PM (#19792208)
Maybe Deutsche Bank will step up and loan them some money since clearly nothing shady is going on.
Re:Tether Says Stablecoin Is Only Backed 74% by Cash, Securi... by smoovb on Wednesday May 01, 2019 @05:09AM (#19795571)
If only some scary entity with far reaching powers could make everyone scared enough to make a run on the Tether bank...