One of the biggest mysteries in crypto revolves around token issuer Tether. Crypto enthusiasts—and crypto journalists— have long tried to figure out exactly what hard assets comprise the massive reserves that tether, as a “stablecoin,” is required to keep its dollar for dollar ratio in backing bitcoin with American dollars. The question is not academic. Tether has more than $78 billion worth of tokens in circulation and is by far the largest stablecoin issuer, accounting for about half of all transactions against bitcoin on centralized exchanges. Press play to hear a narrated version of this story, presented by AudioHopper. If the market began to question the stability of those dollar…
The Modern Consensus 100 Most Influential People in Crypto 2020
The individuals moving, shaking, and shaping cryptocurrencies and blockchain technology right now
Coming up with a list of the 100 most influential people in crypto and blockchain is hard in any year. But doing it in 2020 is particularly rough. That’s because the industry didn’t just advance last year, it went mainstream. And that makes “influence” a lot harder to define.
Goodbye, Modern Consensus
Founding editor Lawrence Lewitinn looks back wistfully over two years of not caring if anyone liked him.
This isn’t an easy post for me to write. No, it’s not because I’m emotional about my final Modern Consensus post. Rather, it’s because I’m on vacation in Florida and spent much of the day on the beach. It’s snowing back in New York, where I’m headed next. The last thing I want to do on a lovely night like tonight is to write one of these boring, boo-hoo-I’m-no-longer-editor-in-chief kinds of posts.