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Tether Court Transcript Reveals Some USDT Reserves Were Used to Invest into Bitcoin (BTC)
As you may have heard, Tether, one of the most prominent stablecoins in the market, is currently having a battle with the New York Attorney General in order to prove that it had the resources to back its business. дальше »
2019-5-22 00:29 | |
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Tether Says It Invested Some of Its Reserves Into Bitcoin and Other Assets
A new court filing revealed that stablecoin issuer Tether said that it had invested some of its reserves in bitcoin
дальше »2019-5-22 22:25 | |
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Is KaratGold Coin (KBC) the Answer to Tether’s Phony Reserve System?
Another week in crypto, another sudden price crash. This time the blame goes to Tether and Bitfinex. The New York Attorney General alleges that Bitfinex had an $850 million shortfall (let that news on its own sink in for a moment!). дальше »
2019-5-21 18:33 | |
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Op Ed: A Summary of
In the latest on the ongoing legal dispute between the New York Attorney General (NYAG), cryptocurrency exchange Bitfinex and stablecoin issuer Tether, the New York Supreme Court has modified an April 24, 2019, preliminary injunction and now Bitfinex is allowed to continue using the Tether reserves that were loaned to it to maintain its ordinary course of business, such as paying employees and consultants. дальше »
2019-5-18 22:14 | |
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Tether and Bitfinex Ask New York Attorney General for Fund Accessibility
Attorneys for Tether and Bitfinex are hoping to get the former access to its reserves amid a legal dispute with New York Office of the Attorney General (NYOAG). In a letter sent to the New York County Supreme Court, attorneys representing iFinex (the parent organization of Bitfinex) and Tether took issue with the restrictions that had been placed on Tether's transactions with related parties as part of an ongoing case against them, stating that the NYOAG had no basis for disallowing tether (USDT) holders and other affiliated entities from redeeming their tokens. дальше »
2019-5-16 18:51 | |
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Bitfinex raised $1 billion in 10 days by selling a token redeemable for Tethers
Embattled cryptocurrency exchange Bitfinex raised $1 billion in 10 days with an initial exchange offering (IEO), money it hopes will alleviate concerns of its financial stability. Bitfinex CTO Paolo Ardoino tweeted Monday that private firms, both inside the cryptocurrency sector and out, had contributed more than $100 million each throughout the fundraising. дальше »
2019-5-14 16:09 | |
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20 million USDT transferred to and from Huobi exchange to unknown wallets
Despite the ongoing Tether and Bitfinex fiasco, USDT movement hasn’t waned. There are massive transactions that have been moving Tether between various exchanges and the Tether treasury. Two massive transactions involving Tether were recorded, moving in and out of Huobi, a Chinese exchange. дальше »
2019-5-11 06:30 | |
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Bitfinex, Attorney General Legal Sparring Continues With New Court Filings
Bitfinex and the New York Attorney General’s (NYAG) legal sparring in relation to $850 million in missing funds escalated with another round of court filings this past weekend. дальше »
2019-5-7 01:42 | |
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Bitcoin Traders Don’t Give a F**k About Tether’s Black Swan Scandal
By CCN: After New York alleged that industry giant Bitfinex had potentially committed fraud with its handling of the Tether cryptocurrency, one might have expected Bitcoin traders to initiate a mad rush for the exit. дальше »
2019-5-7 23:00 | |
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Top Bitcoin News: From New 2019 Record Price To Bitfinex Saga
In a week where UK politicians spectacularly misread a huge swing in local election voting towards anti-Brexit parties, as “a clear message to deliver Brexit now,” let’s cast a more rational eye over the week’s happenings in Bitcoin news. дальше »
2019-5-5 18:00 | |
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Impending Cross of Key Moving Averages Could Confirm Bitcoin Bull Market
On Friday Bitcoin rallied a little over 6% and the rapid move above the $5,488 resistance has turned analysts like Peter Brandt and Murad Mahmudov bullish on the largest digital asset. Will BTC tackle $6,000 next? Bitcoin Price: Market Overview Things are looking up for Bitcoin price . дальше »
2019-5-4 23:00 | |
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Crypto Industry Executives Agree Tether is Unlikely to be Replaced in the Stablecoin Market
Tether has seel a falling out t with most of the crypto community in the last few weeks due to many controversial revelations that have come to light following an investigation from the New York attorney general's office. дальше »
2019-5-3 18:10 | |
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Bitcoin Above Winter Resistance, Ethereum About To Drop Below It
The month of April has seen some good, bad and ugly in the world of cryptocurrency. Bitcoin has had it good, Ethereum has not fared so well, and the Bitfinex Tether fiasco has been the... The post Bitcoin Above Winter Resistance, Ethereum About To Drop Below It appeared first on Ethereum World News. дальше »
2019-5-2 07:00 | |
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Antoni Trenchev of Nexo Says He Isn’t Worried About the Recent Tether (USDT) Controversy
As per an all-new interview with Antoni Trenchev, the Nexo co-founder and managing partner stated that Tether and Bitfinex’s ongoing issues with the New York State Attorney General did not faze him in the slightest — especially since the altcoin market at large had remained relatively stable after it was revealed that the Attorney General’s […] дальше »
2019-5-1 05:46 | |
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Bitcoin Price Analysis: Short Squeeze Imminent as Bearish Pressure Weakens
Summary:Following unconfirmed claims by the NYC Attorney General regarding Bitfinex and Tether’s insolvency, the bitcoin market had a knee jerk reaction that caused us to retest macro support. дальше »
2019-5-1 01:32 | |
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“Holders Are Not at Risk”: Bitfinex Lawyer Responds to NY Attorney General
Bitfinex and Tether’s legal counsel has written a response to the New York Attorney General’s (NYAG) ex parte order, which claims that Bitifinex used Tether’s reserves to cover some $850 million in losses. дальше »
2019-5-1 01:22 | |
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Bitcoin Price Breaks Weekly Highs as Bulls Stampede Into Monthly Close
Bitcoin price has been trading in a tight $147 range so far this week, which has been the case now for around 5 days, while the market attempts to digest the information around Bitfinex and Tether. дальше »
2019-4-30 17:30 | |
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Bitfinex Premium Continues To ‘Rally’ Even After Bitcoin (BTC) Stabilizes, Tether Fears Subside
If you’ve checked Crypto Twitter or *insert your favorite trade publication* over the past 72 hours, NewsBTC is sure that the Tether and Bitfinex news, along with the effect this debacle has had on the Bitcoin (BTC) price, has been on your radar. дальше »
2019-4-29 00:00 | |
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Could the Tether (USDT) Situation Possibly Help Binance Coin (BNB) Gain?
After a cover-up by Tether (USDT) and Bitfinex was unearthed, the crypto market lost over $10 billion in market cap as Bitcoin and other altcoins had their values noticeably reduced. However, even though most of the top cryptos experienced significant reductions in value, the Binance Coin (BNB) continued to trade in the green, increasing up […] The post Could the Tether (USDT) Situation Possibly Help Binance Coin (BNB) Gain? appeared first on ZyCrypto. дальше »
2019-4-27 15:38 | |
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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 | |
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$850 Million Bitfinex Bombshell Disproves Crazy Bitcoin Conspiracy
By CCN: ShapeShift CEO Erik Voorhees made a valid observation on Twitter today, pointing out that there’s some degree of irony in the charges potentially facing embattled Bitcoin exchange Bitfinex: Tether had the cash reserves, despite wide speculation that the company had issued far more crypto tokens than it could settle. дальше »
2019-4-27 00:35 | |
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Bitfinex CEO Statements Express Worry Bitcoin Price Could Fall to $1,000 BTC/USD
Today it was not a good day for virtual currencies. Most of them are registering large losses after the scandal in which Bitfinex and Tether (USDT) are involved. The New York State Attorney General Letitia James explained that Bitfinex mismanaged customer’s funds, something that could have had very negative effects in the crypto market. Can […] дальше »
2019-4-27 00:33 | |
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Tether Turmoil Twist: Stolen Reserves Proves Crypto Stablecoin Was Once Backed
The crypto community is in an uproar following the New York State’s Attorney General’s office accusation that prominent crypto exchange Bitfinex – tied closely to the controversial stablecoin Tether – had hidden a $850 million loss at the hands of a capital management company. дальше »
2019-4-26 23:00 | |
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Bitfinex, Tether Clap Back at NY Attorney General in Coordinated Defense
By CCN: Within a day of learning it had to cease operating in New York, Bitfinex issued a rebuttal desperately trying to explain it is financially solid. Its letter coincided with one from Tether. дальше »
2019-4-27 20:55 | |
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Bitfinex Will Vigorously Challenge $850M Lost Tether ‘False Assertions’
Following the New York Attorney General’s accusations of a $850M cover-up by Bitfinex, the company has issued its response. Binfinex refutes the claims as ‘riddled with false assertions’ and that the funds are not lost. дальше »
2019-4-26 10:00 | |
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Tether Treasury Mints $300 Million of Stablecoin: What Could It Mean for Bitcoin Price?
Yesterday, the Tether treasury, responsible for managing the supply of the stablecoin, has minted an additional $300 million USD worth of the fiat-backed stablecoin, following the recent bullish Bitcoin price action. дальше »
2019-4-26 23:00 | |
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Tether (USDT) Still Dominates the Crypto Market, Maintaining as Most Popular Stablecoin Choice
During the crypto winter of 2018, we saw the rise of numerous stablecoin such as DAI, USD Coin (USDC), TrueUSD (TUSD), Paxos Standard (PAX), and Gemini Dollar (GUSD) among others. However, despite this, Tether maintains its dominant position in the crypto market. дальше »
2019-4-24 19:42 | |
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USDT premium was caused by USD inflow and not Tether Inflation, claims Chinese Bitcoin Billionaire
Bitcoin [BTC] recently led a significant bull run which pumped up the price by 15% in valuation. After the hike, the price of USDT was over 7 yuan on over-the-counter platforms, which meant crypto traders based out of China had to pay an additional 3 percent to 5 percent for Tether [USDT] to avoid a […] The post USDT premium was caused by USD inflow and not Tether Inflation, claims Chinese Bitcoin Billionaire appeared first on AMBCrypto. дальше »
2019-4-16 04:30 | |
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Justin Sun Says “Tremendous Demand” for USDT-Tron Stablecoin Coming Next Week
The USDT-Tron stablecoin is ready for launch on April 9th that according to Tron founder and BitTorrent CEO Justin Sun is receiving tremendous demand across the globe along with a lot of interest from the institutional investors. дальше »
2019-4-7 16:48 | |
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Latin America Bitinka Bitcoin Exchange to Perform Updates for Lightning Network and Tether Integrations
Bitinka, which is a bitcoin exchange based in Latin America, had just gone ahead to announce that from about 4:00pm GMT-5 of March 26th, the exchange development team of the platform will be performing an update, this will be to the Bitcoin wallet, BTC. This is all part of the Tether, which is the USDT, […] дальше »
2019-3-20 02:27 | |
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Market Update: Tether (USDT) Beats Tron (TRX) to Reclaim the 8th Spot
Tether USDT has made a move today to reclaim the 8th position on the market capitalization ranking list. Tron (TRX) had claimed the position from Tether yesterday after beating Bitcoin SV to the 9th within just two days. дальше »
2019-1-10 15:03 | |
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Tron Defies Crypto Situation To Remain The Top Achiever In A Red Market As TRX gets set to Displace Tether (USDT)
Truth be told, things haven’t been looking attractive for much of the crypto market over the last 24 hours, but that leaves an exception: TRX. While the rest of the cryptos on the general chart dip into the red, Tron seems to have found its inspiration from whatever market event that had triggered the red […] The post Tron Defies Crypto Situation To Remain The Top Achiever In A Red Market As TRX gets set to Displace Tether (USDT) appeared first on ZyCrypto. дальше »
2019-1-8 18:38 | |
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Cryptocurrency Market on a recovery route as tokens take a Green turn
The last 24hrs has managed to steer the cryptocurrency market in a more promising direction after the perceived bearish trends surfaced yesterday. At the moment of this writing Bitcoin, XRP, Ethereum, Stellar and Tether who had been victimized by the bearish market yesterday have now taken a green turn as these tokens have now garnered […] The post Cryptocurrency Market on a recovery route as tokens take a Green turn appeared first on ZyCrypto. дальше »
2018-12-8 19:13 | |
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LINE’s Bitbox Exchange Adds LINK Token For Users Fees, Payments And Rewards
Cryptocurrency exchange BITBOX, a division of Japanese-based LINE Corporation, has exclusively announced the introduction of LINK (LN) to facilitate the payment of trading fees on the platform. LINE had earlier listed LINK on the Bitbox exchange service, to make it available for trade through the three digital tokens on offer: Bitcoin, Tether, and Ethereum. The […] дальше »
2018-12-4 10:29 | |
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USDC Listed on More Crypto Exchanges; Tether’s Dominance looks Threatened
Although Bitcoin is still most popular crypto, it’s no longer the sole monopoly in the crypto sector. In the past, investors and traders had to first buy Bitcoin before trading other altcoins. But, that’s no longer the case. дальше »
2018-11-19 22:25 | |
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Stablecoin Supremacy Battle Heats Up; Binance Lists USDC, Tether Below a Buck
Once up a time there was crypto and fiat. If you wanted to trade in altcoins you had to first buy Bitcoin. Tether changed all that when it came onto the scene on Bitfinex in 2015, today there are a slew of stablecoins all competing for supremacy. дальше »
2018-11-16 14:00 | |
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Bitsane Becomes Very First Ever Crypto Exchange to Support an EUR/USDT Tether Trading Pair
On November 14, 2018, Bitsane released a public announcement in Dublin indicating that it had officially listed USDT (Tether) on its public trading platform. The listing was carried out with a pairing of various currencies such as REP, EUR, ETC, BTC, DOGE, ETH, DASH, XRP, and LTC. We are happy to announce the listing of […] дальше »
2018-11-15 18:54 | |
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Fake crypto wallets found on Google Play Store
On November 13, a malware researcher Lukas Stefanko reported in his blog that he had found four fake applications on Google Play Store that tried to trick users either in to luring their credentials or impersonating cryptocurrency wallets. дальше »
2018-11-15 13:32 | |
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More malicious cryptocurrency apps found on the Play Store
It seems we might never win the battle against fake cryptocurrency apps on Google’s Play Store, as another four have been identified this week. The apps were masquerading on the Play Store as cryptocurrency wallets for NEO, Tether, and MetaMask. дальше »
2018-11-14 18:09 | |
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Tether Price Analysis: Stablecoin Tether [USDT] Fails to Remain Pegged to USD
The widely used and controversial stablecoin, USD Tether (USDT), is struggling to remain pegged to the USD. A few weeks ago, USDT crashed against the USD and reached a low of 0. 85. Many exchanges price their assets against USDT, and this event resulted in the prices of these exchanges trading at a premium. дальше »
2018-11-13 19:09 | |
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Bloomberg: Bank Backing Tether (USDT) Refuses to Comment on Relationship
Tether (USDT), Cryptocurrency, Stablecoins–Just as the controversy surrounding the USDT stablecoin by Tether appeared to be subsiding, the company is now handling questions in relation to its partnership with recently announced Deltec Bank & Trust Ltd. дальше »
2018-11-6 04:17 | |
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Tether (USDT) Returns To $1.00 Parity After Weeks Of Skepticism
Tether Holders Rejoice, USDT Reapproaches $1 Just days ago, Tether Limited, the fintech startup behind the popular, yet controversial USDT stablecoin, revealed that it had secured a banking relationship with Deltec Bank & Trust Limited, a long-standing financial institution situated in the tropical nation of Bahamas. дальше »
2018-11-4 03:13 | |
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Tether Confirms That It Is Banking With Bahamas-Based Deltec
Tether Limited is back in the news; this time, it has confirmed a banking relationship with a financial institution based out of the Bahamas. The issuer of the controversial USD-pegged stablecoin tether (USDT) announced its partnership with Bahamas-based Deltec Bank & Trust Limited. дальше »
2018-11-2 00:27 | |
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Tether Limited announces banking relationship
On November 1, Tether Limited, the company behind USDT stablecoin, confirmed that it had established a banking relationship with Deltec Bank & Trust Limited (“Deltec”), a 72-year-old financial institution with headquarters in the Commonwealth of The Bahamas. дальше »
2018-11-2 19:47 | |
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The Race to Replace Tether (In 3 Charts)
Tether has had a difficult month, and rivals are eyeing its position as the top crypto "stablecoin." Here's how the contest plays out in the data. дальше »
2018-10-29 11:00 | |
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Free Money: How Crypto Arbitrage Made Firms Millions Last Week
The market started feeling a little queasy last week. The Tether (USDT) price had unaccountably lost its peg to the US dollar. Different exchanges were reporting different prices, but some were going as low as $0. дальше »
2018-10-26 19:30 | |
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