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- The second-largest crypto Ether meanwhile plunged more than 14 per cent since its record last week to reach $4,244 (€3,7500).
- Mustafa Al-Bassam from University College Londondescribed a casewhere 0.002 of the coin Firstblood was bought for $140 worth of Ethereum .
- If the reason isn’t clear, then the project may lack a real-world use case.
- This can create wild swings that produce significant gains for investors or big losses.
- The newly created staff positions would include investigative attorneys, trial counsels, and fraud analysts, the SEC said.
Like Tether, USD Coin is a stablecoin pegged to the dollar, meaning that its value should not fluctuate. The currency’s founders say that it’s https://theleadbtc.org backed by fully reserved assets or those with “equivalent fair value” and those assets are held in accounts with regulated U.S. institutions. University of Cambridge, for instance,