Tether Shows Law Firm Its Funds But Stops Short of an Audit

Tether Shows Law Firm Its Funds But Stops Short of an AuditTether has released a surprise “Transparency Update” that purports to show it has enough funds in the bank to cover the $2.6 billion of USDT in circulation. The company has stopped short of a full audit, however, leaving critics bemoaning  Tether’s inability to settle the solvency debate once and for all. Also read: Major Korean Crypto […]

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Pantera Capital’s Hedge Fund Underperformed Against Bitcoin Last Month

Crypto hedge fund Pantera Capital has said that its fund was outperformed by the Bitcoin price last month as market prices continued to decline. Diversity Isn’t Always the Answer Dan Morehead, CEO of Pantera Capital, wrote his findings in an investment letter yesterday. According to a report from Bloomberg, Pantera Capital’s Digital Asset Fund dropped 26

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PR: Essentia.one Earmarks $11m to Foster Development of Projects Based on Its Protocol

Essentia.one Earmarks $11m to Foster Development of Projects Based on Its ProtocolThe decentralized interoperability protocol Essentia is set to launch a fund valued at over $11 million to expand their ecosystem and incentivize projects to be built on top of the platform.

The fund will drive development of a thriving program to accelerate real world adoption of blockchain technology, based around Essentia’s enterprise-oriented solutions, while forging close ties with the community, without whom we could not have reached this stage. Over the last few months, we’ve been privileged to meet many of you at conferences and blockchain events around the world, and have relished the sense of camaraderie and the enthusiasm you’ve shown for the decentralized systems we’re building. Your interest is clearly visible in the dAppstore as well, where you keep voting for the best applications to be integrated to the framework. We’ve also been grateful of your support in participating in the Essentia pre-sale and forthcoming public sale, which commences on June 25. In the meanwhile check out 10 reasons why Essentia is worth the wait!

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