Tethered - Netflix
In dire situations, man's greatest survival tool is the strength, comradeship and skill of the people he is with – so long as he can stand them. Tethered sees two strangers from opposite backgrounds and philosophies embark on a journey across treacherous terrain on a mission to find rescue and freedom. Dropped at the meeting point with just the six-foot cable that binds them together, a basic map and a limited survival kit, the polar opposite pairing has 10 to 12 days to overcome their differences and collaborate in order to escape the wild. The tethered duos may have to learn the hard way that the best way to survive is to stick together. From fighting hypothermia and dehydration, to trekking through bear-infested woods, avoiding alligators in the Louisiana swamps and surviving thousands of endless insect bites, each duo is in for a wild ride.
Runtime: 60 minutes
Tethered - Tether (cryptocurrency) - Netflix
Tether is a controversial cryptocurrency token claimed by its creators to be backed by one dollar for each token issued, though Tether Limited has not issued a promised audit of their currency reserves. Subpoenas from the U.S. Commodity Futures Trading Commission were sent to Tether and a related firm, Bitfinex, on December 6, 2017. Research suggests that a price manipulation scheme involving tether accounted for about half of the price increase in bitcoin in late 2017. A spokesperson for Bitfinex and Tether has said that the CEO of both firms is Jan Ludovicus van der Velde. Tether was issued on the Bitcoin blockchain through the Omni Layer Protocol. Tether says that each unit of Tether is backed by one United States dollar held in reserve by Tether Limited, though they may not necessarily be redeemed through the Tether Platform. The primary objective is to facilitate transactions between cryptocurrency exchanges with a rate fixed to the United States dollar allowing traders to take advantage of arbitrage opportunities without resorting to bank wires. As of February 2018, Tether is ranked around the 15th highest market cap cryptocurrency in the world, with a market cap around $2 billion United States dollars as of 5 February 2018. In June 2018, tether was announced as tenth largest crypto currency. Tether tokens are issued by Tether Limited.
Tethered - Background - Netflix
The precursor to Tether, originally named “Realcoin”, was announced in July 2014 by Realcoin cofounder Brock Pierce as a Santa Monica based startup. Tether CEO Reeve Collins announced the project was being renamed to “Tether” in November 2014. The company's website states that it is incorporated in Hong Kong with offices in Switzerland, without giving details. While representatives from Tether and Bitfinex say that the two are separate, the Paradise Papers leaks in November 2017 named Bitfinex officials Philip Potter and Giancarlo Devasini as responsible for setting up Tether Holdings Limited in the British Virgin Islands in 2014. According to Tether's website, the Hong Kong based Tether Limited is a fully owned subsidiary of Tether Holdings Limited. Bitfinex is one of the largest Bitcoin exchanges by volume in the world.
Tethered - References - Netflix