CZ addresses FTX narratives, Tether launches CNH₮, Terraform Labs caught dumping tokens

The biggest news in the cryptoverse for Dec. 6 includes  Michael Saylor criticizing SBF, Ethereum inflation coming back, Silvergate exposure to FTX, and MetaMask addresses IP address concerns.  “Fatma...

Tether launches stablecoin pegged to Chinese Yuan (CNH₮)

Tether, a leading provider of blockchain-based financial services, has launched an offshore Chinese Yuan-backed stablecoin. The new stablecoin, CNH₮, combines two of the world’s largest economies and ...

Strike at Machinery Maker CNH Industrial Grinds On as Talks Stall

Negotiations between CNH Industrial NV and the equipment maker’s striking workers have hit a stalemate, deepening supply-chain problems with farm and construction equipment. Bargaining sessions betwee...

A Chinese Alternative to Dollar-Based Stablecoins? Widening the Use of the CNH Presents Challenges; BTC Remains Above $20K

Ether, the second-largest crypto by market cap, was down about 2%, changing hands just above the $1,100 position it reclaimed late Sunday. Other major altcoins were mixed with FTT up over 9% at one po...