Ethereum Watch

ETHEREUM and ICO TOKENS

Day: May 17, 2023

Tether Bets On Bitcoin: Allocates Up To 15% Of Profits For BTC Purchases

cryptocurrency May 17, 2023

Tether, the company managing the reserves of the world’s largest stablecoin USDT, has announced a new investment strategy aimed at strengthening its reserves portfolio. Tether will now allocate up to 15% of its net realized operating profits toward purchasing Bitcoin (BTC) regularly. This move is expected to diversify Tether’s reserves, which currently hold approximately $1.5 […]

Will Optimism’s Bedrock disrupt L2 dominance as Mainnet gets date? Gauging…

cryptocurrency May 17, 2023

Advertisements The L2 project will move from the Goeril Testnet to the final Bedrock on 6 June. Still, Arbtirum has dominated it in terms of active addresses. Layer two scaling platform Optimism [OP] has finalized the date for the Bedrock upgrade. According to its official announcement, it would take place on 6 June. The upgrade, […]

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