Stablecoin issuer @Tether_to accidentally created $5 billion-worth of its USDT stablecoin at the weekend, before promptly destroying them again.

The Libra hearing starts soon. Make sure to follow @nikhileshde who is in DC, then join us for instant analysis this evening in New York to make sense of it all. Free to attend but super limited seats.

Former @CFTC Chairman Gary Gensler believes @facebook's Libra looks – and should be regulated like – a security. Report by @nikhileshde

A new IMF paper suggests that cash and bank deposits could be left behind as digital money and fiat-pegged cryptos see greater adoption.

Another tranche of Binance's stolen funds have hit exchanges and are being turned into fiat. via @johnbiggs

Crypto exchange @binance is "working with local partners" on the launch of a branch in South Korea, CEO Changpeng Zhao has reportedly said.

BitCoin News

Spain Thwarts Bitcoin ATM Scam, Prompting Regulatory Debate Worldwide BTCTN photo

Complete Indian Draft Crypto Bill Leaked – Experts Weigh In BTCTN photo

Bitcoin Cash Multi-Party Escrow, Retail Adoption, and Upgrade Discussions BTCTN photo

Diamonds and the Treasury Debt Ceiling: Why Nothing Has ‘Intrinsic Value’ in Economics BTCTN photo

Zero Hedge

Central Bankers Are Sick of Rescuing the World Economy Alone: BBG

That's odd considering all they do is raise stock prices


Time for another 50 bps rate cut

As Wall Street Celebrates Soaring Stocks, Companies Are Literally Shutting Down All Over America

Watch Live: Senate Grills Facebook Crypto Head About "Libra" Digital Currency

Beijing Slams Trump's "Totally Misleading" Trade Deal Claims

Recession Looms: Cass Freight Index Negative For 7th Month