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Bitfinex CTO: Tether Is Registered and Regulated Under FinCEN- USDT Not Next Target of the US SEC

The CTO at Bitfinex Paolo Ardoino has pushed back against rumours that the company’s Tether stablecoin may be the next target of the U. S. Securities and Exchange Commission (SEC). The Bitfinex executive insists that the Tether stablecoin, whose market capitalization has now surpassed $20 billion, is a properly registered and regulated crypto. дальше »

2021-1-1 17:30


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There Is a New Insurance Product Just in Case Tether (USDT) Goes Bust

Opium is introducing credit default swaps (CDS) against the world’s largest stablecoin, USDT, casting doubt on Tether Limited’s solvency according to a CoinDesk report on Sep 3.   Opium CDS against USDT as a Hedge The product will rely on Ethereum smart contracts, insuring holders just in case USDT’s issuing company folds and fails to fulfill its obligationsRead MoreRead More. дальше »

2020-9-5 13:00


Bitfinex Applies for 3 Subpoenas to Help Recover $880M in Crypto Capital’s Frozen Funds

BitFinex seeks subpoenas from U.S courts to depose U.S based banks after its payment processing firm, Crypto Capital, had its funds frozen in 2019. According to the subpoenas sent to Colorado, Arizona, and Georgia, Tether’s sister company, iFinex, looks to the federal courts to intervene in the release of over $800 million in its funds […] дальше »

2020-5-3 17:46


Tether blockchain integrates AML compliance solution from Chainalysis

Chainalysis, the blockchain analysis company, today announced the integration of its compliance solution for Tether, the largest stablecoin blockchain platform by market capitalization. Chainalysis Know Your Transaction (KYT) for token issuers is a real-time anti-money laundering (AML) compliance solution for monitoring a token’s full lifecycle, from issuance to redemption. дальше »

2020-2-13 15:05


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US Law Firms Compete for Consolidated $1 Trillion Bitfinex Lawsuit

Four lawsuits against Bitfinex have been consolidated into one case, with plaintiffs now seeking legal counsel for their complaints. The total claims against Bitfinex are still above $1 trillion. Lawsuit Against Bitfinex Seeks the Best Legal Counsel Bitfinex, the exchange operated by the iFinex company and affiliated with Tether, Inc. дальше »

2020-1-31 18:00


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Paypal Pullout Prompts Pornhub to Add Tether as Payment Option for Its Adult Models

The porn industry is seen by many as a perfect fit for widespread cryptocurrency usage as it suffers from financial censorship far more than most businesses. When Paypal stopped servicing Pornhub models, the company hinted it might turn to digital currency as an alternative and now this has been accomplished with the Tether stablecoin USDT. дальше »

2020-1-24 03:00


Pornhub adds support for Tether following PayPal’s ban last year

Pornhub, a leading adult entertainment website, recently began supporting a new cryptocurrency payment method after PayPal ended support for the company’s models last year. Pornhub’s management notes that it will now accept major stablecoin Tether, which maintains a one-to-one peg with the US dollar and currently has a market capitalization of over $4. дальше »

2020-1-23 19:06


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Bitfinex ‘Copycat’ Lawsuit Withdrawn and Then Refiled in New District

Ifinex Inc, parent firm of Bitfinex, finds its ongoing legal troubles further complicated as a November lawsuit has been withdrawn by the plaintiff and refiled in a new district. The company, whose close affiliations with both the Bitfinex crypto exchange and stablecoin Tether have continually raised suspicion, now faces at least three ongoing legal battles. дальше »

2020-1-12 09:21


Dukascopy’s Dukascash Stablecoin Adds Five Pegged Fiat Currencies; CNY+, GBP+, JPY+, MXN+, RUB+

Ever since Tether (USDT) launched its stablecoin and achieved some success in pegging its value to fiat currency, several companies are trying to take its place. True USD (TUSD), USD Coin (USDC), Paxos Standard (PAX) and other names easily come to mind when we talk about this. Now, a new company is trying to get […] дальше »

2019-7-4 00:08