80% of Top Stablecoins Controlled by Less Than 6 Accounts
CoinMetrics reported that very few accounts in each of the stablecoin networks hold the majority of the total capitalization of these top five stablecoins. The published report revealed that there was severe centralization among several top stablecoins with only six accounts
Bitfinex Insists NYAG Lawsuit Should Be Dismissed
Crypto exchange Bitfinex has asked the court to waive the case against tether and the exchange, insisting that they were not in the wrong as they have not targeted investors in New York. In April this year, New York’s Attorney