Tether Not Stable / FedEx Champions Blockchain / Breaker Mag Dissolves / Nasdaq listing XRP

Inside Bitcoin presented by O'Reilly. $BTC (5:00 p.m. EST): $5,329.91 (1.73%) // 90-day high: $5,642.04 // 90-day low: $3,391.02 / / More… $BCH ABC (5:00 p.m. EST): $255.04 (5.96%) // 90-day high: $342.87// 90-day low: $111.84 // More…

Presented by Subscribe | View in browser $BTC (5:00 p.m. EST): $5,329.91 (1.73%) // 90-day high: $5,642.04 // 90-day low: $3,391.02 / / More… $BCH ABC (5:00 p.m. EST): $255.04 (5.96%) // 90-day high: $342.87// 90-day low: $111.84 // More… $ETH (5:00 p.m. EST): $159.10 (2.64%) // 90-day high: $184.38 // 90-day low: $140.74 // More… $LTC (5:00 p.m. EST): $73.22 (7.80%) // 90-day high: $97.50 // 90-day low: $31.13 // More… $XRP (5:00 p.m. EST): $0.31 (5.62%) // 90-day high: $0.37 // 90-day low: $0.28 // More…       1. In a letter to the New York Attorney General, Tether's general counsel says that its USDT stable coin is only 74% backed by fiat equivalents. After being accused by the New York AG of using illicit transactions to cover internal shortfalls, Tether's lawyer states that that the company only holds $2.1 billion in cash and short-term securities compared to its 2.8 billion USDT tokens that are currently issued. -COIN DESK       2. FedEx Chief Investment Officer Rob Carter expects blockchain to become an inevitable and essential tool in tracking goods and reducing fraud in the supply chain. Carter has called on regulators to implement standards and rules that could help to drive the adoption of blockchain throughout the industry. The Blockchain in Transport Alliance, in which FedEx is a member along with its rivals DHL and UPS, is an industry organization that is working on developing common standards around the blockchain for the transportation industry. -WALL STREET JOURNAL       A MESSAGE FROM O'REILLY The O'Reilly Software Architecture Conference Our program is designed for anyone making architecture-level decisions. Join hundreds of the best and brightest engineers, senior developers, tech leads, architects, and managers to discover what companies like Google, IBM, Ticketmaster, and Pivotal have learned in their real-world experiences. Save 20% with code INSIDE20.  3. Consensys partner Breaker Magazine, a crypto dedicated publication, will shut down its operations effective immediately. The magazine, which launched late last year, had a high burn rate and never found a profitable business plan. It was run by tech author Ben Schiller and was known for its in-depth long-form deep dives on the crypto industry, including an investigative story of pay-for-play involving multiple other media outlets. -THE BLOCK CRYPTO       4. NASDAQ will add XRP to its cryptocurrency index, starting on Wednesday. Real-time index information for XRP will be available on the XRP Liquid Index, which will offer a spot or reference rate for the price of XRP in USD. The listing will be streamed on the Nasdaq Global Index Data Service, which has data going back to 2014 and is refreshed every 5 minutes. XRP joins bitcoin and ether as the two other coins that are listed on the Nasdaq Global Index Data Service. -COIN DESK       A MESSAGE FROM MELISSA Are you addressing the elephant in your business? Ignoring it can cost 10-25% of revenue. The best way to deal with the elephant that takes up residence in every business – name it and tame it! Bad data is bad for business – and it only grows bigger. Melissa can help with address and data verification APIs to keep valuable customer data clean and standardized. Address the elephant today and we'll throw in a free pair of Elephant socks! Sign up for a demo account 5. ErisX launched crypto spot trading and is set to become the first crypto exchange to provide both spot and derivative trading. -DAILY HODL 6. Digital Assets Data raised $6 million with the goal of becoming the Bloomberg of crypto data. -THE BLOCK CRYPTO 7. Hackers steal cryptocurrency by hacking into Microsoft powered emails. -COIN TELEGRAPH 8. Bitcoin awareness, familiarity, perception, conviction and the propensity to purchase and ownership all increased/improved significantly, according to new research. -SPENCER BOGART 9. Elon Musk and Vitalik Buterin discussed what should be developed on Ethereum in this Twitter exchange. -@ELONMUSK 10. By The Numbers: The number of blockchain wallets has grown fourfold from the first quarter of 2016 to the first quarter of this year: 6.6 million wallets in Q1 2016; 12.8 million in Q1 2017; 23.9 million in Q1 2018; and 34.6 million in Q1 2019. -STATISTA       Written and curated by Darren Webb. He created Currencylists and has worked in marketing roles for a multitude of cryptocurrency and blockchain projects since 2014. Based in NYC, Darren loves to read and continue to learn about cryptocurrency and emerging technology in his spare time. You can find him on Twitter @Dwebbny. Editing team: Kim Lyons (Pittsburgh-based journalist and managing editor at Inside); Susmita Baral (senior editor at Inside, who runs the biggest mac and cheese account on Instagram); and David Stegon (senior editor at Inside, whose reporting experience includes cryptocurrency and technology).       Ad Sign up for a demo account. We'll throw in a free pair of Elephant socks!

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