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CFTC penalizes Tether and Bitfinex for making misleading allegations

The Commodity Futures Trading Commission (CFTC) has fined stablecoin issuer Tether and its sister company, Bitfinex, $42.5 million (£30.92 million) for violating commodities regulations. A press release unveiled this news on October 15, noting the CFTC held Tether responsible for making false or misleading claims and omissions of material fact regarding the backing of Tether […] The post CFTC penalizes Tether and Bitfinex for making misleading allegations appeared first on Invezz. дальше »

2021-10-18 17:29


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Tether And Bitfinex Fined $42.5M By CFTC For False Statements About Dollar Reserves

The US Commodity Futures Trading Commission today filed and settled charges against Bitfinex and sister company Tether. The two firms are required to pay fines totaling almost $43 million. CFTC claimed that the Tether (USDT) stablecoin was not completely backed by reserves most of the time and Bitfinex breached the derivatives regulator’s previous directive, according […] дальше »

2021-10-16 00:52


Tether fires back after 'false, misinformed' report questions stablecoin's reserves

Stablecoins are digital currencies pegged to a sovereign currency such as the U.S. dollar. Tether is the largest among them with a market cap of $68B, at the time of writing. In fact, USDT has grown eThe post Tether fires back after 'false, misinformed' report questions stablecoin's reserves appeared first on AMBCrypto. дальше »

2021-10-7 18:30


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SushiSwap (SUSHI) claims that the reports of a $1b bug are false

Recently, the DeFi sector across the crypto industry has seen a major number of exploits which usually result in millions of dollars in crypto being stolen. This has put the entire DeFi sector on edge, and so when a white-hat hacker reported a $1 billion bug in the software of the decentralized exchange SushiSwap (SUSHI/USD), […] The post SushiSwap (SUSHI) claims that the reports of a $1b bug are false appeared first on Invezz. дальше »

2021-9-24 14:40


“Completely False And Inaccurate,” Says Saudi Aramco About Bitcoin Mining Rumors

On Monday, Oil giant Saudi Aramco, which has a market cap of $1.86 trillion, denied reports of it planning to begin Bitcoin mining. The rumors were first sparked by Brazilian bitcoin miner Ray Nasser who reportedly said in an interview that he is “negotiating with Aramco,” which has enough flared gas to power half of […] The post “Completely False And Inaccurate,” Says Saudi Aramco About Bitcoin Mining Rumors first appeared on BitcoinExchangeGuide. дальше »

2021-8-2 19:14


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MoneyGram Slapped With Class-Action Lawsuit For Issuing Misleading Statements Concerning XRP

The fiasco surrounding the legal status of Ripple’s cryptocurrency XRP continues to unfold as a new lawsuit filed against MoneyGram puts pressure on the case. MoneyGram, presently the world’s second-biggest money transfer service provider, is being sued for allegedly making false statements regarding its relationship with Ripple and also for failing to reveal that XRP […] дальше »

2021-3-3 20:56


BWM, Ford & Honda Led Group, MOBI, to Track Vehicle Identities Using Blockchain

BMW and Ford are some of the main participants in launching the Vehicle Identity Standard's second installment in collaboration with the Mobility Open Blockchain Initiative (MOBI). The days of incorrect mileage, false maintenance, and damage histories when buying vehicles could soon end after some of the largest automakers in collaboration with transportation and blockchain leaders […] The post BWM, Ford & Honda Led Group, MOBI, to Track Vehicle Identities Using Blockchain first appeared on BitcoinExchangeGuide. дальше »

2021-1-20 22:49


Coinbase cries 'false' as it pre-empts NYT story alleging racial discrimination

A day after popular crypto-exchange Coinbase announced that it will be suspending margin trading in light of recent regulations, the exchange is in the news again after a statement revealed that the NThe post Coinbase cries 'false' as it pre-empts NYT story alleging racial discrimination appeared first on AMBCrypto. дальше »

2020-11-26 09:17