Sign up to receive 5 free days of our daily summary for tech news.

Special Offer: Try out The Information today for only $10/month for your first 3 months. 
Crypto Startups Markets

(Un)stablecoins; Blockchain Games

The price of bitcoin rose this week, but bitcoin’s gain may just have been tether’s loss. The most high-profile stablecoin, whose value is supposedly always $1, dipped as low as 90 cents this week on some exchanges as traders converted their holdings amid rumors that Bitfinex, a crypto exchange and tether’s sister company, was insolvent. (Bitfinex has denied the claims.)

But tether’s troubles could be a boon for other stablecoins, which have raised more than $500 million in funding in 2018 alone, we reported in August. OKEx, one of the largest exchanges, said this week it was adding support for four more U.S. dollar-pegged stablecoins, which could give other tokens an opening as they seek to displace tether’s market share.

Also this week, Civil’s ICO came to a disappointing end after months of hype. We have some takeaways from my conversation with CEO Matthew Iles about what went wrong. Plus, a growing number of videogame developers are turning to blockchain-based games. More below.

What Is The Information?

Notes bb3aa5069205d702dda37fc71dc6f1c59df2310c4379304e9f1199f052af4884

Exclusive Articles

We broke it first. Receive original reporting you won't read anywhere else from the largest newsroom in tech.

Notebook b5103017ee163370a1667c9ce59ab0ef023875a17888105d26c185cadf31bb69

Daily news analysis

Every weeknight, we'll send you our reporters’ views on the day’s top tech news—distilled into one email.

Conference calls c9e664e8b96ee347d3e92b8309938f268422b9db98cfabca5c826fbb75054b23

Conference calls

Get access to our reporters and other top executives with monthly deep-dive calls into topics like startups and autonomous vehicles.

Events 499acedd16cffc41445edd76bfd302b2836c2a27419890f17130a6b10e2aa3df

Special Events

For no extra fee, get access to more than a dozen events yearly, from intimate dinners to larger gatherings with marquee speakers.

What else is included in my subscription?

Become a contributor

Share your views and find other subscribers by completing your profile. You’ll be listed in our contributor directory.

Slack community

Discuss topics and current events with our subscriber-only Slack group and share news about your company with other subscribers.

Annual Subscriber only benefits:

Org Charts

Access the only collection of tech company org charts. Our expanding database includes companies like Amazon, Snap, and Uber.

Crypto Newsletter

Our experts investigate the latest in the crypto world to keep you in-the-know about the movements of digital currencies.

Stay up to date on Silicon Valley

Sign up for Jessica Lessin’s (The Information’s CEO & Founder) free Saturday newsletter and also receive a complimentary week of our daily afternoon tech commentary email.

Already a subscriber? Log in here

Recent Articles


Risky Business

By Jon Victor

Crypto Markets

Open vs. Closed Networks

By Jon Victor


Media Job Cuts Rise as Sector Retrenchment Persists

By The Information Staff

Crypto Venture Capital

ConsenSys Seeks $200 Million From Investors After Bumpy Year

By Jon Victor