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Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means

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. дальше »

2019-4-27 01:30


No, JP Morgan Coin will not kill Ripple’s XRP, it might actually make it even more relevant

And now J. P. Morgan has become the first US bank to offer its own cryptocurrency, CNBC reported. But this will not be another investment vehicle—at least for now. The cryptocurrency, dubbed “JPM Coin,” is planned to be a stablecoin, utility settlement coin intended for the bank’s wholesale payments business that moves $6 trillion around the world daily. дальше »

2019-2-15 22:33


Increased Competition for Tether as Another Stablecoin Goes Live Offering Better Transparency

Stably has launched its fiat-collateralized stablecoin – StableUSD (USDS). Potential clients can participate in the early access to purchase and redeem the USDS tokens tethered to the US Dollar StablecoinUSD: Offering Stability and Transparency The startup announced the launch via a post on its medium account. дальше »

2018-11-2 15:34


BitGo Blockchain Asset Custody Provider Adds Digix’s Gold-Backed Crypto Token DGX Support

BitGo Now Officially Supports Digix’s Gold-Backed Alt-Currency In another piece of welcome news for the crypto sector at large, it has now come to light that crypto wallet provider, BitGo, has recently partnered with Digix to bring its gold backed stablecoin ‘DGX’ onto its native service platform. With this move, BitGo will be able to […] дальше »

2018-10-30 19:57


Another Stablecoin Announced, First on Stellar Network in Aussie Dollars

Stablecoin popularity continues to grow, and ever since Tether (USDT) started the trend, numerous other stablecoins have emerged around the world. Despite the recent Tether controversy that has seen the pegged coin’s value drop below $1 — which should never happen, since each coin is supposedly backed by a buck — other stablecoins continue to. дальше »

2018-10-24 17:30