At a virtual event on Wednesday, EOS Foundation CEO Yves La Rose claimed that “EOS as it stands is a failure,” according to a transcript of prepared remarks viewed by CoinDesk.In the speech, Rose weighed in on the past and future of the EOS blockchain protocol, saying that the project’s native currency, EOS, has been “a terrible investment.”The speech places much of the blame … [Read more...] about EOS Foundation CEO: ‘EOS as It Stands Is a Failure’
Stands
USDT stands by ‘commercial paper’ tether
The stablecoin market has been growing exponentially, and last week, Eric Rosengren — president of the Federal Reserve Bank of Boston — appeared to raise a cautionary flag. “There are many reasons to think that stablecoins — at least, many of the stablecoins — are not actually particularly stable,” he said in remarks before the Official Monetary and Financial Institutions … [Read more...] about USDT stands by ‘commercial paper’ tether