2019-4-27 19:15 |
More than 10 million Paxos Standard stablecoins were minted after the New York Attorney General's bombshell allegations about rival issuer Tether. origin »
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Amy Castor gives a timeline of the events leading up to the accusation by the New York State attorney general's office that the exchange siphoned off Tether coins to cover $850 million worth of lost funds.
2019-4-27 01:37 | |
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An investigation by the New York Attorney General’s office alleges that $850 million in losses at Bitfinex were covered up by Tether, their affiliate. The allegations are yet another sting for the troubled pair, both owned by iFinex Inc.
2019-4-27 22:19 | |
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According to data from CoinMarketCap, the allegations brought against Bitfinex by the New York attorney general’s office seem to have affected Tether's backing by the US dollar and caused massive sell-offs of ETH and XRP.
2019-4-27 17:20 | |
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Bitfinex, which may now be nicknamed the Iron Exchange, has denied allegations by New York Attorney General Letitia James who in a press release stated: “Our investigation has determined that...
2019-4-27 14:33 | |
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The rumors and allegations surrounding Bitfinex and Tether, and accusations by many in the crypto-community are unlikely to cease any time soon in light of New York State’s Attorney General’s court filings.
2019-4-26 14:00 | |
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Coinspeaker Bitfinex Under Scanner for Covering Up $850M Loss of Tether Reserves, Markets ReactThe fresh allegations come from the New York Attorney General’s office that accuses Bitfinex of covering the massive loss by transferring funds from Tether reserves without informing the exchange's customers.
2019-4-26 13:29 | |
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The crypto markets endured a loss of as much as $10 billion around 21:00 UTC on Thursday, following the NYAG's allegations on Bitfinex and Tether.
2019-4-26 07:40 | |
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Turkish real estate agency Antalya Homes has sold nine properties to date using bitcoin core, mostly to foreign buyers. The houses cost a minimum of €30,000 each (~$33,900) said the agency, which also accepts bitcoin cash, ethereum, stellar, ripple, litecoin and tether.
2019-3-7 01:55 | |
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What is TrustToken? The TrustToken Platform is an Ethereum-based dApp to create asset-backed tokens and enable value transfer around the world. TrueUSD (TUSD) is the ERC-20 token and stablecoin that’s pegged to the value of the U.
2019-2-14 02:58 | |
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Accusations and allegations come and go like wildfire in the world of cryptocurrency, but the suspicion surrounding Tether and its potential involvement in market manipulation is perhaps the most persistent story of 2018.
2018-11-21 08:59 | |
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A strong round of buys hit the market this weekend as unsubstantiated rumors began to circle surrounding Tether and Bitfinex’s potential insolvency. I won’t be going into the details surrounding the allegations because, like I said, they are nothing more than unsubstantiated rumors.
2018-10-17 01:03 | |
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Top-three cryptocurrency exchange Bitfinex is pushing back against claims that call its solvency into question. The Hong Kong-based company released a blog post on October 7, 2017, that states, contrary to recent rumors, it is not insolvent.
2018-10-9 00:43 | |
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The USDT digital asset uses Noble Bank for its dollar backing, but allegations of insolvency have shaken the market.
2018-10-1 12:27 | |
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Rumors, allegations, and assertions can all be found in today’s news roundup. Specifically, we have rumors of impending trouble with Tether, allegations of another Chinese exchange conjuring up fake volume, and assertions that Bitcoin and blockchain’s mass adoption is “inevitable”.
2018-10-2 11:25 | |
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There have been allegations in the past on Tether scam and the fact that it is connected to Bitfinex Exchange. In fact it is said the two companies have the same owner. EOS conducted and Initial Coin Offering that lasted a year which ended in June this year.
2018-9-27 16:01 | |
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During an exclusive interview with Yahoo Finance, Dan Roberts [Senior Writer at Yahoo finance ] revealed facts regarding the Tether Bitcoin market manipulation scam investigation conducted by Former FBI Director, Louis Freeh.
2018-8-5 19:45 | |
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Last month was filled with allegations against Tether over their USD Tether stablecoin. Over numerous accusations of the coin not being backed up by USD in a 1:1 ratio, many alternatives have emerged.
2018-7-13 09:20 | |
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Following a Bloomberg News expose, alleging market manipulation of controversial alternative token Tether (USDT) on its exchange, Kraken fires off a savage blog post mocking journalists and defending their business’ integrity.
2018-7-2 09:20 | |
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Tether [USDT] recently released a three-page transparency update, which was a product of Freeh, Sporkin & Sullivan LLP [FSS], a legal firm founded by three former federal judges, including a former FBI director.
2018-6-23 03:32 | |
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To get rid of allegations over Tether not having the funds to back their tokens, Freeh Sporkin & Sullivan LLP, a law firm, released a report which confirmed Tether's bank deposits and assured investors that its cryptocurrency is backed by USD.
2018-6-22 13:42 | |
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Paxos International, a UAE-based affiliate of stablecoin issuer Paxos, has unveiled a new yield-bearing stablecoin dubbed Lift dollar (USDL). USDL will be the first stablecoin to offer eligible users across the globe the chance to bid for daily yield, with this available in wallets under regulatory oversight, the company announced on June 5. USDL is […]
In a significant development in Singapore’s cryptocurrency space, Paxos, the blockchain infrastructure firm, has obtained a preliminary license from the Monetary Authority of Singapore (MAS). This preliminary approval enables Paxos Digital Singapore, the newly established entity, to initiate digital payment token services under the regulatory framework of the Payments Services Act. Paxos to introduce a […]
Binance’s native coin BNB has declined nearly 6% in the past 24 hours, trading to lows of $289 on major cryptocurrency exchanges. According to CoinGecko data, Binance Coin price hit highs of $321 late Sunday, but is now trending at levels last seen in mid-January.
Nium, an innovative API-based platform, will be the first to allow banks and other financial institutions to include crypto capacities in their apps. These will include the ability to hold, buy, and sell popular cryptos.
Things continue to turn positive for the crypto industry and its poster child platform, Coinbase. The custody arm of the San Francisco cryptocurrency exchange that caters to retail and institutions alike, was selected by Facebook to power the company’s new Novi app, according to a blog post.
The regulated firm is opening up its stablecoin-to-USD swaps facility to third parties, starting with Binance.
