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Bitfinex officially releases LEO whitepaper; token offered for USDT to raise $1 billion
Just as the market was starting to recover from New York Attorney General’s report on Bitfinex’s $850 million cover-up, Bitfinex decided to remedy their ordeal by issuing a $1 billion token offering. дальше »
2019-5-8 10:10 | |
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Stakeholders Call for Major Bitcoin Exchanges to Delist Tether
There is currently a growing call from many in the cryptocurrency industry for major Bitcoin exchanges to delist Tether (USDT). This development comes amid an investigation into suspected fraudulent activity by Tether and Bitfinex running into almost a billion USD. дальше »
2019-5-6 10:00 | |
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Will BitFinex $1 Billion Trigger a Bitcoin (BTC) Sell-Off?
Bitcoin (BTC) prices firm, add 9. 5 percent in the last week Despite fraud accusations, BitFinex will crowd-fund to raise $1 billion BitFinex, sources have it, will proceed with their IEO and the aim is to raise $1 billion in USDT. дальше »
2019-5-6 19:00 | |
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Don’t get Excited about Court’s Show Cause Order in Bitfinex-Tether Case
According to the latest revelations, as of April 30, the USDT stablecoin is only about 74 percent backed by fiat equivalent, stated issuer’s general counsel. On Tuesday, Tether’s general counsel Stuart Hoegner wrote in an affidavit that the company behind USDT holds about $2. дальше »
2019-5-4 02:15 | |
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Ethereum [ETH] and Tron [TRX] Price Analysis: ETH slips away into the bear’s market as TRX remains undecided
The majority of the cryptocurrency market continues to be in the bull’s realm, irrespective of the controversy surrounding Tether [USDT], the largest stablecoin by market cap. This includes Ethereum [ETH], the second-largest cryptocurrency, which was trading at $163. дальше »
2019-5-3 18:00 | |
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How the Legal Battles of Tether (USDT) and Bitfinex Provide Marketing Possibilities
The case of Tether (USDT) and Bitfinex has taken the cryptocurrency community by surprise (or not so). Tether lent Bitfinex almost $1 billion USD to cover up a loss of $850 million arising from trades with Crypto Capital Corp. дальше »
2019-5-3 22:56 | |
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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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Bitfinex planning Initial Exchange Offering [IEO]; expects to raise $1 billion in Tether [USDT]
Bitfinex, one of the world’s leading cryptocurrency exchanges has been the highlight of the crypto-verse following the NY AG/Tether news. It’s in the spotlight again after news broke out that it was planning an Initial Exchange Offering [IEO], with expectations of raising $1 billion in USDT. дальше »
2019-4-30 20:30 | |
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New Report Ousts Bitfinex’s Plans of Raising $1 Billion in Bizarre ‘Initial Exchange Offering’
Embattled cryptocurrency exchange Bitfinex is reportedly planning to raise $1 billion worth of Tether (USDT) in what they’re calling an ‘initial exchange offering – although it has some bizarre traits that differentiate it from other IEOs we’ve seen on Huobi and Binance in the past. дальше »
2019-4-30 05:30 | |
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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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Crypto Market Loses a Whopping $10 Billion in Wake of Tether/Bitfinex Scandal
On Thursday, the cryptocurrency market took a major hit, dropping more than $10 billion in market cap following allegations surrounding Tether (USDT). According to a press release officially published on the New York Attorney General website, iFinex Inc which is the company behind Bitfinex crypto exchange and Tether Limited, covered up a loss of $850 […] The post Crypto Market Loses a Whopping $10 Billion in Wake of Tether/Bitfinex Scandal appeared first on ZyCrypto. дальше »
2019-4-27 09:00 | |
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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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Tether (USDT), A Blip and Another Opportunity For Bitcoin (BTC) Bulls
Bitcoin (BTC) shed $4 billion after NY OAG sue iFinex Tether controversy force Bitcoin liquidation The OAG of New York is after iFinex, and from their documents, officials say the Hong-Kong based exchange, BitFinex are contravening NY Laws and therefore suing them. дальше »
2019-4-26 22:00 | |
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Crypto Market Nosedives $11 Billion, Tumbles as Tether (USDT) Issues Come Back to the Fore
What a difference a day makes. Crypto may be many things, but boring is one thing it most definitely isn’t. Today, we all woke up to red candles across the board, a BTC flash crash that hit $4300 on Kraken, and declining alt prices that are starting to head back to lows that many hoped […] дальше »
2019-4-26 18:17 | |
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Tether Supply Hits Record High – Here’s What Bitcoin Did Last Time This Happened
Bitcoin price has room for immediate 12 percent growth, according to the latest figures showing current availability of major stablecoin Tether (USDT). USDT Printing Peaks Bitcoin price after correcting from its 2019 high of $5620 earlier this week, currently trades just under $5500. дальше »
2019-4-26 00:00 | |
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Half a Billion USDT Re-enters Circulation, $80 Million Just Today
Close to half a billion USDT has re-entered circulation since November when Tether’s market cap fell to about $1.7 billion from $2.8 billion, with more than a billion dollars leaving... The post Half a Billion USDT Re-enters Circulation, $80 Million Just Today appeared first on Trustnodes. дальше »
2019-4-9 15:14 | |
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Bitcoin [BTC], altcoins could jump by $3 billion through stablecoin injection; eToro’s Greenspan agrees
The concept of ‘stablecoin’ appears to be treading the fine line between virtual and fiat. Investors can enjoy the benefits of ubiquity and universality of payments, two core concepts of the cryptocurrency world, while still standing in firm opposition of them by being tethered to a sovereign currency. дальше »
2019-4-6 18:30 | |
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$200 Million Crypto Stablecoin TrueUSD Launches Instant Fiat Redemption
TrueUSD celebrated its first birthday on Tuesday, and the $200 million USD-pegged cryptocurrency stablecoin commemorated the occasion with two major announcements that could help buttress it as it seeks to supplant $2 billion Tether (USDT) as the market’s leading stablecoin. дальше »
2019-3-5 21:20 | |
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Tether (USDT) to Launch on TRON’s Blockchain
Popular stablecoin Tether (USDT) is set to be introduced on the TRON (TRX) blockchain. The move is geared towards increasing interoperability with TRON-based protocols. Tether Partnering With TRON Stablecoin Tether (USDT), which is currently sitting on a total market cap of just over $2 billion, has announced that it will be introduced on TRON’s blockchain. дальше »
2019-3-5 17:00 | |
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Tether (USDT) Reaches the Fourth Place in the Crypto Market Cap After Massive EOS, BCH Drops
The popular stablecoin Tether (USDT) has reached the fourth position in the market on January 28. This happened due to the fact that most of the top 20 digital assets are dropping between 3. 87% and 12. дальше »
2019-1-29 23:34 | |
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Tron (TRX) Edges out Tether (USDT) From the Number 8 Spot. Is Stellar (XLM) Next?
The Tron cryptocurrency clearly has the momentum in the crypto markets as we complete the second week of 2019. Only days ago, TRX edged out Bitcoin SV (BSV) from the number 9 spot on coinmarketcap. дальше »
2019-1-10 21:45 | |
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Tether’s Billion Dollar Reserves May Not Equate to ‘One-to-One Backing’ or ‘No Misconduct’
Bloomberg reported that Tether “has the billions it promised,” suggesting that USDT could be backed one-to-one by dollars. That said, the reserves do not necessarily prove Tether’s innocence in a laundry list of other misconduct. дальше »
2018-12-20 11:34 | |
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Stablecoin Tether is Fully Backed By Dollars, New Bank Statement Reveals
Rumors about stablecoin Tether not being fully backed by dollar reserves are looking increasingly thin, according to the latest bank statements, which show that USDT is fully backed by dollar reserves. дальше »
2018-12-18 16:00 | |
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Tether Rises to Fourth by Market Cap, Bitcoin and Crypto Markets Look Bleak
Gains in stablecoin dominance indicate that the market outlook is bleak. Tether is now fourth by market capitalization with a total of over 1. 8 billion USDT in circulation, while market dominance of stablecoins sits at highs of 2. дальше »
2018-12-17 17:40 | |
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Tether Will Soon Allow Direct Redemption of USDT — But With a High Minimum
Tether is launching a new liquidity portal, one that will finally allow the direct redemption of Tether’s stablecoin USDT back into fiat. According to a new report released on the company’s website, Tether is going to “launch a redesigned platform allowing for the verification of new customers and direct redemption of Tether to fiat. дальше »
2018-11-28 01:21 | |
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DoJ Bitcoin Manipulation Probe Homes in on Tether and Bitfinex
Tether Burns Half a Billion USDT Coins in an Act of RedemptionAn ongoing criminal probe into potential Bitcoin price manipulation conducted by the U. S. Department of Justice has begun to take a closer look at how Tether and crypto exchange Bitfinex may have played a role in Bitcoin’s parabolic rise in late December. дальше »
2018-11-21 23:00 | |
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Tether Confirms Banking with Deltec; Latter Confirms $1.8 Billion in Account
Tether Limited, the company developing the USDT stablecoin, has announced a new banking partnership. In a statement published November 1, 2018, the company confirmed long-standing rumors that Deltec Bank & Trust Limited would be the next financial institution to hold its cash reserves. дальше »
2018-11-3 22:00 | |
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Tether Confirms New Bank and Claims to Have $1.8 Billion in Cash
Tether Ltd. has confirmed the identity of its new bank. The company behind the eponymous tether stablecoin (USDT) has historically been reluctant to disclose its banking arrangements, for fear they might be jeopardized. дальше »
2018-11-2 14:40 | |
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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 Burns Half a Billion USDT Coins in an Act of Redemption
In their recent blog post, Tether, the parent company of a USDT stablecoin, announced a token burn that will permanently eliminate 500 million units. Yesterday, the company announced that the burning process had been completed. дальше »
2018-10-25 19:30 | |
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Tether ‘Bank Run’ Concerns Reach New Heights, USDT Falls 4% Below Peg
Tether ‘Bank Run’ Concerns Fuels Crypto Boom Crypto investors were in for a shock on Monday morning, as Bitcoin temporarily popped above $7,000, while crypto assets somehow posted 7%+ gains, amid a growing fear that the Tether Foundation didn’t have the U. дальше »
2018-10-16 20:18 | |
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Tether: Lower Price May Signal Switch To Regulated Stablecoins
Tether (USDT) dropped on Monday to $0. 95 for the first time since May 2017, losing nearly 3% as daily trading volume spiked to $5 billion. USDT’s loss is noteworthy given that Monday’s rally saw a wave of green on CoinMarketCap, representing gains for most cryptos. дальше »
2018-10-15 17:30 | |
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Bitcoin Explodes to $7,000 within 24 Hours; What Caused the Short-Term Rally?
After months of bearish action, the Bitcoin price on Monday soared above $7,000 within a matter of hours. BTC/USD bounced from $6,269 earlier today to establish fresh highs towards $6,950, according to CoinMarketCap, adding approximately $9 billion to its market cap. дальше »
2018-10-15 14:31 | |
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Bitfinex Stops USD Deposits To Their Exchange
The popular digital currency exchange, Bitfinex has reportedly stopped its USD deposits to their exchange. This news comes after last weeks, several rumours that the exchange was broke which made management forced to step up and deny the rumours that they were not bankrupt. дальше »
2018-10-11 21:30 | |
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Crypto Critic Claims EOS’s $4 billion ICO was a bailout for Tether (USDT) And Both Have Same Founders
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. дальше »
2018-9-27 16:01 | |
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Bloomberg: $500 million in Tether (USDT) Has Made No Impact on Bitcoin (BTC) Price
Bitcoin (BTC), Tether (USDT)–Despite Tether (USDT) printing over half a billion dollars worth of new coinage throughout the month of August, financial news outlet Bloomberg reports the move has had little to no impact upon the crypto markets. дальше »
2018-8-27 22:04 | |
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Half-a-Billion Tether Tokens Infused In August, Yet No Signs of Crypto Market Pump
With over a $500 million influx of Tether’s USDT tokens in the crypto market this month, Tether grabs a spot in the top ten cryptocurrencies with a circulating market cap of $2. 7 billion. Tether Hogs The Limelight, Once Again August has remained a critical month so far, with cryptocurrency market valuations dropping by 20-25% since the beginning of the month. дальше »
2018-8-26 01:00 | |
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Bitcoin Showed a Minor Recovery to $6500 as Tether Pumps $50 Million in Crypto Market
For the third time in the last one-month Tether has issued $50 million in USDT tokens as the company's circulating market cap reaches $2.5 billion. The post Bitcoin Showed a Minor Recovery to $6500 as Tether Pumps $50 Million in Crypto Market appeared first on CoinSpeaker. дальше »
2018-8-14 08:19 | |
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Tether (USDT) Market Cap Loses $300 Million USD but Prints $50M Today
Tether Market Capitalization Falls and Loses $300 Million Dollars In the last three weeks, Tether has reduced its market capitalization moving from $2.7 billion dollars to $2.4. This is the second time that the virtual currency tethered to the US dollar registers such a contraction in its supply. The USD-pegged currency is now one of […] дальше »
2018-8-12 03:00 | |
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Ripple’s Crypto Community is Urging Binance Exchange to Enlist XRP as Base Currency
XRP’s Community Pushing for Binance to Adopt XRP as Base Currency Binance is running well, as it currently has a 24-hour trade volume that is worth $1.108 billion. The exchange trades base currencies such Bitcoin (BTC), Ethereum (ETC) and Tether (USDT) and even its Binance Coin (BNB). The XRP community has taken another step, and […] дальше »
2018-8-12 00:11 | |
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Here Is Why the XRP Community Wants the Coin Added as A Base Currency on Binance
The Binance cryptocurrency exchange is one of the most active ones in the crypto-verse. Binance is currently handling a 24 hour trade volume worth $1. 108 Billion at the moment of writing this. The exchange facilitates trading through the base currencies of Bitcoin (BTC), Ethereum (ETH), Tether (USDT) and its very own Binance Coin (BNB). дальше »
2018-8-10 11:24 | |
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Markets Rally: Coinex Dominates Volume Rankings
Looking at the 24-hour volume rankings, Coinex has suddenly emerged as a strong market leader, claiming to have hosted $1. 5 billion in trade in single day – over $1 billion of which purportedly took place on their BTC/USDT markets alone. дальше »
2018-7-2 20:49 | |
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