2019-8-2 00:24 |
After launching a version of its stablecoin on Blockstream's sidechain, Liquid Network, investors are having a harder time tracking Tether transactions as it permeates across multiple networks. origin »
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Tether (USDT) will soon be available on a 5th blockchain, Algorand. Previously, the stablecoin was only available on Ethereum, EOS, Omni, and Tron. Before this announcement, EOS was the most recent blockchain to add Tether stablecoin on its platform having been deployed in May of this year.
2019-7-18 20:34 | |
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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.
2019-5-22 00:29 | |
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Tether, a stablecoin tied to the dollar that is meant to mediate the volatility of other cryptocurrencies, is partly backed by bitcoin. As detailed in court documents obtained by The Block, Tether admitted to using some of the cash reserves meant to back its stablecoin to purchase bitcoin, among other assets.
2019-5-22 23:02 | |
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Martin Saldamando is a Strategic Partnerships Manager in Platinum Q DAO Engineering. Having a bright experience in B2B marketing, writing about technological innovation and building customer-inspired products and services.
2019-5-10 14:47 | |
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Blockstream's Liquid Network has expanded to include 14 new members. With these additions, Liquid’s client base now boasts 35 institutions. The company also announced that Liquid is now available on Bitfinex and RenrenBit, a crypto finance app.
2019-5-8 18:47 | |
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Bitfinex is in a bit of a spot here, having been flagged by New York’s highest legal official for some (allegedly) pretty dodgy financial practices. Readers are probably already familiar with the backstory that involves the crypto exchange trying to be sneaky and hiding humongous losses worth $850M by conflating corporate and client funds.
2019-5-7 19:20 | |
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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.
2019-5-7 01:42 | |
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Bitcoin is currently trading at $5,653 (CoinMarketCap) after having posted a 2019 high price point of $5,876 USD yesterday and surpassing $100 billion market cap for the first time since November 13, 2018.
2019-5-4 19:07 | |
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Tether seems to be having a very bad time lately. How could it not be bad, though, when the company has been involved in a major scandal in which money from its vault was used to help Bitfinex (both companies share the same heads).
2019-5-2 13:53 | |
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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.
2019-5-1 01:22 | |
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The New York Attorney General Office in a statement on Thursday alleged that Bitfinex lost $850 million and as a coverup used customer and corporate funds from the USDT stablecoin operator Tether. “The issue is not printing tethers to manipulate bitcoin, but Bitfinex having funds “stolen” and then using Tether's funds,” said economist and crypto […]
2019-4-26 21:04 | |
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After the recent market rally led by Bitcoin, Chinese crypto traders are making a comeback into the space. However, investors are having to pay an additional 3% on over-the-counter or OTC platforms [like Huobi] for the stablecoin Tether [USDT] to avoid a blanket ban on crypto-trading.
2019-4-8 19:30 | |
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The San Juan Mercantile Bank & Trust International (SJMBT), a new bank in Puerto Rico catering to cryptocurrency traders, is now fully operational. SJMBT announced its receipt of all appropriate licensing from Puerto Rican regulatory officials to begin offering “fiat and digital asset custody and settlement services,” which are “to be integrated with the trading platforms offered by its affiliate, the San Juan Mercantile Exchange (SJMX).
2019-4-3 00:47 | |
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Maya Preferred 223’s (MAPR) market capitalization may overtake that of Bitcoin, the flagship of the crypto market. The market cap of MAPR is now just behind that of Bitcoin Cash, having already overrun Binance Coin, Tether, Stellar and Cardano.
2019-4-1 18:51 | |
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Are you interested in having more options for using other stablecoins that are not Tether USD? Well, we got great news for you. Bitfinex and Ethfinex will start to offer the six major stablecoins in the market starting soon.
2018-12-5 03:10 | |
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Novogratz Says Tether Didn’t Do a Good Job to Create Transparency The billionaire and recognized investor, Mike Novogratz, has blamed Tether due to its lack of transparency to manage funds. Tether (USDT) is one of the most known and used stablecoin in the market.
2018-10-19 19:32 | |
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Fresh on the market, the industry’s newest batch of stablecoins is having trouble striking a price balance. Amidst news of listings on Huobi and OKEx, two of the industry’s largest exchanges, TrueUSD (TUSD), Gemini USD (GUSD), the Paxos Standard (PAX) and Circle’s USD Coin (USDC) have all risen well above their pegs.
2018-10-17 01:17 | |
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One of the most popular cryptocurrency products being released in 2018 are stable coins, which widely market themselves as having all the benefits of cryptocurrencies, minus the volatility. Despite seeming like a practical product, some critics claim that they pose too many problems to ever be widely adopted.
2018-9-29 22:00 | |
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In this overview, we explore Kraken and its journey from a Mt. Gox alternative to soften the blow of bitcoin’s dependence on just one exchange to becoming one of the most respected cryptocurrency exchanges in the world.
2018-9-27 21:21 | |
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Every dog or dogecoin has its day, and yet again Dogecoin was having its day over the last 7 days rising 114%. With the bulls and Tether fighting back on the second half of last week, Bitcoin and the general market cap came back to some positive g
2018-9-4 16:19 | |
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Over the past few months, the movement of Tether tokens (USDT) has been accused of being able to manipulate the price of Bitcoin. It’s a complicated concept, but many believe that using Tether to back FIAT currencies is having an impact on the price of Bitcoin.
2018-8-30 15:00 | |
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Blockchain money transfer company Wyre has announced a partnership with MakerDAO, creator of the Dai stablecoin, to offer Dai as part of a fiat-crypto trading pair in more than 30 countries across the world including the U.
2018-8-15 00:54 | |
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“We have nothing to hide,” says Tory Reiss, VP of corporate development at TrustToken. Like the market’s most popular stablecoin, Tether, TrustToken's TrueUSD is fiat-collateralized.
2018-7-26 18:55 | |
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News Following a expose, alleging market manipulation of controversial alternative token Tether (USDT) on its exchange, Kraken fires off a savage blog post mocking journalists and defending their business’ integrity.
2018-7-2 10:17 | |
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To get rid of allegations over Tether not having the funds to back their tokens, Freeh Sporkin & Sullivan LLP, a law firm, released a report which confirmed Tether's bank deposits and assured investors that its cryptocurrency is backed by USD.
2018-6-22 13:42 | |
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Developers behind the privacy-focused crypto Decred have released details about the project's upcoming privacy rollout. The new features will include hiding user identities and jumbling customer transaction data together, making it harder to track specific coin movements.
A research report from crypto exchange Binance has claimed that the digital currency being developed by the People's Bank of China (PBoC) will be backed one-to-one by fiat, replace notes and coins in circulation, and operate on a two-tiered system.
Investors in messaging app Telegram's Gram token will reportedly receive the first batch of tokens starting October 31. Telegram has also informed investors that the Gram testnet will be made available a couple of weeks before the tokens are delivered.
Researchers at sharia advisory firm Amanie Advisors have published a white paper certifying that Ethereum’s native cryptocurrency, Ether, is sharia compliant because of its utility token classification.
Through a partnership with the HackerOne bug bounty platform, the Libra Association is inviting the public to report vulnerabilities in the Libra network code, offering a max reward of $10,000.
Though the issue has since been resolved, crypto payments firm BitPay blocked a $100,000 donation made in an unnamed cryptocurrency to charity Amazon Watch, which is working to stop the fires currently ravaging the Amazon rainforest.
Three unnamed members of the Libra Association, the group tasked with overseeing Facebook's Libra network, have considered leaving the group, citing disappointment related to crypto regulations and fears of backlash from publicly showing support for Libra.