#crypto reserves

Over the years, Tether (USDT) and other stablecoin issuers, have faced persistent scrutiny and criticism for their lack of transparency regarding the nature of assets backing their digital currencies.  The absence of clear information regarding reserve holdings has raised concerns within the cryptocurrency community and regulatory bodies alike. Despite mounting allegations, Tether has…

ETH Continues to Leave Trading Platforms, Ethereum Balance on Exchanges Lowest in 3 Years

While the second-largest crypto asset by market cap has gained more than 15% in value against the U.S. dollar during the last week, the number of ethereum stored on exchanges has dropped significantly during the last few weeks. In less than two years, more than 29% of the ether held on exchanges has left centralized trading platforms and since December 2021, roughly 5.89% or 1.51 million ether…