2022-11-11 16:09 |
Tether follows Tron’s USDD stablecoin in coming unstuck amid suspicions of shorting involving FTX and Alameda Research.
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With new entrants keep on coming in the market, the fight among stablecoins is also rising up. This has the popular and controversial Tether slowly losing its market share to competitors. Stable coin usage on the rise, Tether $USDT market-share is falling.
2019-6-1 17:02 | |
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Bitfinex is forging forward despite its ongoing row with the authorities, and it's looking for investors to support its efforts. Today, May 8, 2019, iFinex, the operator and parent company of the popular cryptocurrency exchange, released a private token sale white paper, putting to rest rumors of its Initial Exchange Offering (IEO).
2019-5-8 18:33 | |
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Bitfinex and Tether’s lawsuit resulted in revelations that could have a massive impact on the crypto-community. More information seems to be coming to light. The cold wallet balances of Bitfinex are depleting rapidly as pointed out by Mati Greenspan, a senior market analyst at eToro and a Bitcoin Maximalist.
2019-5-4 12:00 | |
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Legal representatives for Bitfinex and Tether confirm the widely held suspicion that USDT is not one-to-one backed by US dollars. Court documents confirm tethers are only 74 percent backed, and those holding tokens are “subject to the risk of default, insolvency, inability to collect, and illiquidity.
2019-5-1 02:56 | |
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Tether has been experiencing some major negative attention lately after rumors started circulating about how the stablecoin is actually backed. However, it looks like Tether’s general counsel is coming out of the woodwork with a little more honesty, as he has confirmed that there is 74% of the stablecoin’s liquidity that is backed by fiat […]
2019-5-1 22:03 | |
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Investors Are Coming Back To Bitcoin The Tether ‘FUD‘ may have scared off some skeptics, but there still seem to be investors flooding into the cryptocurrency market. According to a recent tweet from Barry Silbert,.
2019-4-28 02:00 | |
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The Tron Foundation and its Chief Executive Officer [CEO] Justin Sun have been in the news multiple times over the past few weeks because of the number of partnerships and updates coming out of organization’s stables.
2019-4-28 01:30 | |
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A document unveiled by the New York Attorney General’s (NYAG) office on Thursday has revealed that iFinex, the company behind both Tether (USDT) and Bitcoin exchange Bitfinex, is coming under legal pressure.
2019-4-26 01:04 | |
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Tether, Bitfinex Comes Under Legal Pressure According to reports from The Block and the Wall Street Journal, Bitfinex and stablecoin provider Tether are coming under legal pressure from the office of the New York Attorney.
2019-4-26 00:39 | |
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The exchange has announced readiness for an immediate listing, while TRON’s founder Justin Sun signaled readiness for the asset on the blockchain.
2019-4-11 13:10 | |
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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.
2019-4-7 16:48 | |
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It has been a stablecoin season through and through. Now the latest entrant in this trend is the 10th largest cryptocurrency Tron. Tron in partnership with USDT issuer, Tether is all set to go live with the stablecoin on its network by the second quarter of 2019. USDT coming on Tron Network Created in October […]
2019-3-5 22:38 | |
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Tether (USDT), the seventh most valuable crypto asset by market cap, has shrugged off attempts by newer stablecoins to usurp it. Now, a new version of tether is coming to the Tron network. Also Read: Gibraltar Exchange to List Bitcoin Cash Fiat Trading Pairs Tether to Trade on Tron Tron is officially partnering with Tether […] The post Tron Partners With Tether to Launch TRC20-Based Stablecoin appeared first on Bitcoin News.
2019-3-5 01:30 | |
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With two weeks gone, different predictions of what to expect in the crypto industry are springing up with the latest coming from The Ledger, Fortune’s TV Slot during a talk show with Cameron and Tyler Winklevoss, founders of Gemini exchange.
2019-1-15 14:43 | |
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CoinSpeaker Tether is Back: The Platform Reopens Fiat Deposits and Tether (USDT) Redemption Tether’s stablecoin platform is coming back: it will be available for fiat deposits and redemption of fiat currency to USDT once again.
2018-11-28 16:44 | |
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The latest theory suggests that Tether is staging an exit from the stablecoin market while withdrawing the USDT tokens at a profit. The post Tether Treasury Is Getting Loaded With a Huge USDT Supply Coming from Bitfinex appeared first on CoinSpeaker.
2018-10-23 21:19 | |
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Coinbase is integrating its first stablecoin, joining other top exchanges in what has become a listing race to add Tether’s rising competitors. As detailed in an October 23, 2018, blog post, Coinbase has added support for Circle’s USD Coin (USDC).
2018-10-24 20:14 | |
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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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Tether May Be Holding Reserves At Bahamas-based Deltec Bank Just last week BitcoinExchangeGuide had reported that Deltec Financial & Trust Services is reportedly being used by Bitfinex and Tether.
2018-10-16 19:29 | |
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A handful of projects brought their tech to life this week, introducing new payment systems and coins to the industry’s offerings. Meanwhile, Bitcoin’s Lightning Network makes headway for the dev community, and one of crypto’s older and more respected exchanges (arguably) takes a step against the space’s principles.
2018-9-11 17:57 | |
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In an interview on Monday, U.S. Representative French Hill emphasized legislative efforts to enable the private sector to lead the development of a dollar-backed payment stablecoin and predicted quicker market entry for spot Ethereum ETFs compared to Bitcoin ETFs. U.S.…
Hex Trust launches USDX, the first native stablecoin on Flare, backed 1:1 by USD. USDX can be staked in Clearpool’s T-Pool for real-world yield without lock-ups. USDX aims to enhance Flare’s DeFi ecosystem, supporting lending and borrowing.
Despite starting the day on a decline, Pyth Network (PYTH) has regained and is currently trading 20% higher over the past 24 hours. Today’s price swing was influenced by a major token unlock and the release of a new LISUSD/USD price feed.
USDC stablecoin issuer Circle is planning on moving its legal base from Ireland to the U.S. as an IPO looms. Stablecoin issuer Circle is working on shifting its legal base to the US from Ireland, as the company gears up…
Former Commodity Futures Trading Commission Chair J. Christopher Giancarlo will join the board of directors at Paxos.
Christopher Giancarlo, former CFTC chief has joined Paxos board. Giancarlo’s advocacy for blockchain innovation aligns with Paxos’ mission for regulated solutions. Paxos aims to drive financial sector innovation with Giancarlo’s guidance on board.
Robert Kiyosaki, the author of the bestselling personal finance book “Rich Dad, Poor Dad,” has fired another financial warning shot, this time targeting the US dollar and a potential challenger – a gold-backed stablecoin from the BRICS nations (Brazil, Russia, India, China, and South Africa).