After criticism, Centre, the consortium founded by Circle and Coinbase, says its stablecoin USDC will now back reserves with only cash and US treasuries
- Digital currency company Circle says it's changing the makeup of its dollar-pegged stablecoin USD Coin to just cash and U.S. Treasury bonds. Source: Centre Blog .
As US-China trade tensions rise, shares of Apple, Microsoft, Amazon, Alphabet, and Facebook dropped between 3% and 5.2% Monday, losing a combined $162B in value
The Ledger Jonathan Shieber / TechCrunch : U.S. Treasury just designated China as a currency manipulator, so expect more economic shocks Clare Duffy / CNN : The trade war with China is coming for the ...
US Treasury sanctions three Russian individuals and five firms, saying they helped Russia conduct cyberattacks, including NotPetya, against US and its allies
Even as Trump was working hard … Alfred Ng / CNET : US announces more sanctions over Russian hacking Lorenzo Franceschi-Bicchierai / Motherboard : Founder of Cybersecurity Company Says His Firm Was Sa...