According to recent market data, bitUSD, an elder stablecoin with a similar design and functionality to the Dai, is currently worth 30% less than the dollar it is intended to be worth.
Morgan Creek founder Anthony Pompliano has claimed that his company’s $1 million bet on stocks outperforming crypto over the next ten years has had no takers since it was put up more than a week ago. On December 9, CCN reported that Morgan Creek instituted a $1 million “Buffet 2.
The Government of Venezuela is reportedly taking pensioners’ bolivars from their accounts and replacing them with their cryptocurrency, the Petro. According to Caracas Chronicles, the elderly residents recently received their monthly pensions in Venezuela’s official currency.
BitUSD Divorces Wildly From $1 Target
Crypto Hedge Fund: No One Took us up on $1 Million Stock…
The Venezuelan Government is Forcing Petro Down the Pensioners’ Throats