2020-2-1 15:54 |
Bitfinex rolls out Tether Gold trading against Bitcoin after launching support for the gold-backed stablecoin last week
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Coinspeaker Tether Gold Stablecoin Gets Margin Trading Option with Leverage on BitfinexBitfinex presents a 5x leverage for trading of its XAUT gold-backed stablecoin against the U. S.
2020-1-31 17:16 | |
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Stablecoin Tether is reportedly okay with a merger of the three class-action lawsuits it currently faces
2020-1-18 01:48 | |
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Three class action lawsuits alleging Bitfinex and Tether manipulated the bitcoin market have been combined in federal court, with the stablecoin issuer promising to fight the claims.
2020-1-18 01:05 | |
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Three class action lawsuits alleging Bitfinex and Tether manipulated the bitcoin market are moving to consolidate, with the stablecoin issuer promising to fight the claims.
2020-1-18 01:05 | |
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Coinbase and Circle are facing off against Binance in what could be a battle of stablecoins, and ultimately a war for the highly regulated and lucrative U. S. market. Battle of the Titans With Binance creating a U.
2020-1-9 09:24 | |
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Binance users can now trade Turkish liras and Russian rubles against major stablecoin Tether
2019-12-26 21:01 | |
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Tether’s stablecoin ‘USDT’ continues to dominate this segment of the crypto market according to the latest statistics. However, questions on its decentralization inadequacy has been a common critic topic against the project.
2019-12-14 18:54 | |
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The latest edition of the China Blockchain Report outlined China’s blockchain vision and the PBoC’s race against Libra, the proposed stablecoin project from Facebook. The report stated that China The post China's crypto-yuan could be too big for blockchain: Report appeared first on AMBCrypto.
2019-12-6 23:30 | |
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Fed Chairman Jay Powell puts the agency’s economic theories on display in a recent letter to U.S. representatives asking: “What about a USD stablecoin?”
2019-11-29 20:05 | |
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On today’s episode, we’re talking bitcoin's bearish juncture, tokenization troubles, and new allegations filed against stablecoin Tether
2019-11-27 20:30 | |
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A fresh class action lawsuit has been filed against Bitfinex and its sister company Tether Limited, the company behind the controversial but market-leading USD-pegged stablecoin, USDT. Tether has issued a response categorically rejecting wrongdoing and has dismissed the latest complaint as “absurd and groundless.
2019-11-25 11:28 | |
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The USDC stablecoin parent company, Circle, most recent audit report shows the firm is liquid enough to back its 1:1 token peg ratio against the dollar. According to the audit done by Grant Thornton, Circle’s operation is well balanced besides being supported by Financial Services giant, Goldman Sachs. Back in October, Circle issued a circulating […]
2019-11-21 19:15 | |
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On Monday, November 11, a Canadian blockchain firm, Blockchain Venture Capital Inc. (BVCI), announced the launch of their second stablecoin. It is called CUSD and it is pegged against the US dollar.
2019-11-11 22:29 | |
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DAI, the non-collateral based stablecoin, primarily used for lending and borrowing loans on Ethereum based De-Fi network hit its initial revised market cap of $100 million against the $339 million worth of Ether locked as collateral.
2019-11-8 19:59 | |
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Facebook is currently facing a race against time to ensure the survival and ultimate launch of Libra, its stablecoin project. While it is fair to say that the odds are stacked pretty high against the social media behemoth, new reports are suggesting that the company might be open to making a fundamental change to Libra.
2019-10-22 03:15 | |
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German Federal Minister of Finance Olaf Scholz has again stated that policymakers should prevent the issuance of Facebook’s Libra stablecoin
2019-10-19 21:10 | |
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The ownership of tether (USDT) turns out to be quite concentrated. According to a recent report, a few addresses control the bulk of the stablecoin, which is widely used by bitcoin traders. The finding comes on top of fresh accusations of creating a bubble levied in a lawsuit against tether’s operators.
2019-10-17 20:30 | |
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Stablecoin firm Tether and its associate exchange Bitfinex have received a suit filed by a New York-based legal firm Roche Freedman against Tether token (USDT, stating that it is engaged with market manipulation as the consequence of an unpublished paper.
2019-10-13 19:04 | |
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The problems that Facebook has related to its upcoming Libra stablecoin simply do not stop. Finco Services of Delaware has filed a lawsuit against the popular social media company and it's subsidiary Calibra in New York, related to the logo of the Libra project.
2019-10-12 23:41 | |
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The latest lawsuit against Bitfinex and Tether highlights the need for better regulations across the stablecoin market
2019-10-11 19:21 | |
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Bitcoin, the king of the cryptocurrency market, recorded tremendous recovery earlier this year, when compared to its 2018 lows. The cryptocurrency reached a high of $13,868 in the month of June, reaching the point after more than a year.
2019-10-11 18:00 | |
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Market-leading stablecoin Tether (USDT) is under renewed pressure after a class action lawsuit was filed against Bitfinex and Tether in the United States District Court this week.
2019-10-10 14:05 | |
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A common attack against Tether in the crypto ecosystem is that the stablecoin isn’t really backed one-to-one by the U. S. dollar. We might soon get to know if these concerns are substantial, as the matter is now going to court.
2019-10-9 01:40 | |
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Tether has taken the first step and made the move on an unpublished report that allegedly accuses the USDT stablecoin issuer of manipulating the cryptocurrency market. However, this won’t be the first time such allegations have been made against the stablecoin.
2019-10-6 20:21 | |
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Not only is Facebook’s cryptocurrency Libra is facing a backlash from regulators, but there is also news that PayPal is very close to leaving the 28-company coalition meant to help Libra gain legitimacy and come to fruition.
2019-10-4 16:01 | |
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Wells Fargo, a Fortune 500 company providing financial services, has been the latest institution to express potential interest in blockchain and cryptocurrencies. As announced earlier, the organization revealed its plans to test an internal settlement service, Well Fargo Digital Cash, which would operate on its own Distributer Ledger.
2019-9-21 00:30 | |
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Ethereum bears have consistently called DAI an unreliable stablecoin, as the peg is dependent on supply and demand stemming from Collateralized Debt Positions (CDPs) on MakerDAO. Similarly, those leveraging DAI to stack 10-14 percent of interest a year might be worried about the DAI peg collapsing.
2019-9-11 21:00 | |
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Tether announced a new offshore Chinese-yuan backed stablecoin, CNHT. The cryptocurrency is the newest addition to the firm’s suite of regulation-skirting coins. Primer on China’s currency controls As part of China’s monetary strategy to peg the yuan against the dollar, it is mandatory that the People’s Republic control capital flows into the country.
2019-9-10 22:15 | |
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China’s state-backed digital currency is almost ready for launch, but apart from the fact that it would act as a stablecoin pegged against the country’s national currency, there is not much information on the project.
2019-9-6 10:41 | |
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Coinspeaker Binance Partners Paxos Platform to Launch Binance USD (BUSD) StablecoinBUSD will be available for direct purchase and redemption 1:1 for U. S. dollars on the Paxos platform and for trading against Bitcoin (BTC), Binance Coin (BNB) and Ripple’s XRP on Binance.
2019-9-5 18:04 | |
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Binance USD (BUSD) – a stablecoin from the world’s largest crypto exchange – has been approved by the New York State Department of Financial Services (NYDFS), which has historically taken a hard line against cryptocurrency companies.
2019-9-6 16:55 | |
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Bitcoin exchange Bitfinex must provide documents to US authorities after a New York judge ruled against its request to dismiss a lawsuit against it. Judge U-Turns On Bitcoin Exchange Protection According to a filing dated August 19, the Supreme Court of the State of New York moved against Bitfinex and its sister company, stablecoin issuer Tether.
2019-8-20 13:00 | |
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As you may know, the New York Attorney General’s office (NYAG) is during a case against Bitfinex and Tether. The companies, which are a crypto exchange and a stablecoin provider, were accused of sharing money in an illegal way.
2019-8-3 19:23 | |
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The USD-backed stablecoin of the Stably company- StableUSD-, has been added by Binance DEX as a native BEP2 crypto-asset under the name of USDSB. In a press release from Binance, the largest crypto exchange launched trading for two pairs comprising of USDSB against major stablecoin tether (USDT), as well as the USDSB-to-USDS trading pair today […]
2019-6-25 23:46 | |
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Seattle-based Stably had its flagship StableUSD listed on Binance DEX as a native BEP2 crypto-asset—USDSB. The addition opens up opportunities for on-chain trading on the DEX, providing traders with an additional tool for hedging against volatility or redeeming their crypto for fiat.
2019-6-24 09:48 | |
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The Chief Financial Officer at Binance, Wei Zhou, confirmed that they are going to be releasing a new stablecoin in the next months. The main goal seems to compete against Tether(USDT), the largest stablecoin in the market.
2019-6-7 06:41 | |
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By CCN: According to Wei Zhou, the chief financial officer at Binance, the most widely utilized crypto asset trading platform in the global market, the exchange is planning to issue a stablecoin in the upcoming months, possibly to compete against Tether.
2019-6-6 15:14 | |
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By CCN: IOTA price has appreciated more than 11-percent against the US dollar and circa 13-percent against bitcoin in the last 24 hours. The internet-of-things cryptocurrency, which is also the world’s fifteenth largest by market capitalization, peaked towards $0.
2019-5-29 15:13 | |
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Lawyers representing renowned crypto exchange, Bitfinex, and its subsidiary stablecoin company, Tether, have ordered a motion to dismiss the case brought against them by the New York Attorney General’s Office.
2019-5-22 14:52 | |
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Tether, a stablecoin tied to the dollar that is meant to mediate the volatility of other cryptocurrencies, is partly backed by bitcoin. As detailed in court documents obtained by The Block, Tether admitted to using some of the cash reserves meant to back its stablecoin to purchase bitcoin, among other assets.
2019-5-22 23:02 | |
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One of the business development leads for MakerDAO (DAI) has mooted the possibility that the stablecoin project might compete against established blockchain remittance platforms, like XRP, the Stellar Network (XLM) or JPMorgan’s Quorum.
2019-5-14 18:35 | |
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The significance of stablecoins has been a hotly debated topic in the crypto community, splitting the opinions of major crypto-proponents across the board. The recent Tether/Bitfinex episode raised many questions about Tether’s status as a dependable stablecoin, since the virtual asset lost its 1:1 pegged valuation against the US Dollar, for a while.
2019-5-2 11:55 | |
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Stablecoins may be the least exciting tokens in the world of cryptocurrency, but even these projects have their share of drama. Last week, the New York Attorney General’s Office accused Bitfinex of masking $850 million in losses with the reserves of their stablecoin, Tether.
2019-5-2 00:57 | |
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By CCN. com: The bitcoin price has increased from $5,173 to $5,297 on major regulated crypto exchanges including Coinbase in the past 24 hours, by 2. 3 percent. Major crypto assets such as Litecoin and Bitcoin Cash spiked by 4 to 11 percent against the U.
2019-5-1 13:52 | |
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Have you heard of the launch of eToroX? eToroX is the fully regulated crypto exchange created by the team behind the social trading platform eToro. The new platform seems to be very friendly with Ripple’s XRP tokens, since it has listed XRP against seven stablecoin pairs so far, they are GBPX, EURX, USDEX, CHFX, CADX, […]
2019-4-30 01:38 | |
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Tether, the leading stablecoin, recently unpegged from the US Dollar after news that the New York State Attorney General is investigating iFinex Inc. , which operates Bitfinex and owns Tether Ltd.
2019-4-29 22:06 | |
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Tether [USDT], the eight-largest cryptocurrency by market cap, has been one of the most controversial coins in the market. The the coin’s journey has tumultuous from being a stablecoin pegged against the US Dollar to not being one.
2019-4-29 18:00 | |
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The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million.
2019-4-27 01:30 | |
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Following a probe which revealed the apparent loss of $850 million in funds, the attorney general of the State of New York obtained a court order against iFinex Inc. , which operates Bitfinex and owns Tether Ltd.
2019-4-27 23:39 | |
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