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Tether Accidentally Minted $5 Billion of Its Stablecoins, Then Deleted Them
Stablecoin issuer Tether accidentally created $5 billion-worth of its USDT stablecoin at the weekend, before promptly destroying them again. дальше »
2019-7-16 16:42 | |
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Tether accidentally issues $5bn worth of USDT, claims it was an issue with decimals
Tether, the issuer of the USDT accidentally issued $5 billion worth of its own stablecoin while Poloniex was conducting a USDT chain swap from Omni to Tron. The CTO of Bitfinex and Tether said there had been an issue with the “token decimals,” after which the company burned the entire 5 billion supply. дальше »
2019-7-16 06:00 | |
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Tether Accidentally Printed $5 Billion Worth Of USDT
While helping the crypto exchange Poloniex move $50 million worth of USDT from the Omni blockchain to the Tron blockchain, Tether inadvertently printed $5 billion worth during the transfer, citing human error. дальше »
2019-7-16 18:51 | |
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Tether “Accidentally Minted” 5 Billion USDT as Community Investigates the Drama-Filled Matter
Accident happened while making the swap from Omni to Tron Bitfenix and Tether CTO, Paolo Ardoino said “sometimes issues happen” when working with different blockchains Controversial stablecoin, Tether is yet again in the hot waters after the Tether Treasury “accidentally” created 5 billion USDT instead of the required 50 million. The Accident with the Token […] дальше »
2019-7-14 18:56 | |
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Tether Treasury lands in troubled waters as it accidentally prints 5 billion USDT followed by a subsequent burn
At 5. 34 PM UTC, Tether Treasury minted a massive amount of Tether, and the news spread like wildfire. Tether which was already speculated to carry out suspicious transactions was questioned for printing 5 billion USDT, an amount large enough to shake things for Bitcoin. дальше »
2019-7-14 11:30 | |
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Binance records a whopping $1 billion inflow in USDT as Bitcoin price trickles down; a major pump incoming?
Binance, one of the world’s largest exchanges, witnessed a massive inflow of USDT as much as a billion dollars [yes, you read it right, $1 billion] in Tether, which ultimately went into Bitcoin. дальше »
2019-7-11 11:30 | |
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Litecoin falls by over 5% in an hour, as crypto market cools down
At press time, Litecoin held a market cap of $8. 2 billion i. e. , 2. 4% of the entire market cap. Litecoin declined by 5. 5% in an hour and cranked up to a value of $131. 3. The silver crypto recorded a 24-hour trading volume of $5. дальше »
2019-6-30 16:00 | |
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Tether Printers Keep Churning Out USDT as Supply Increases Again
All eyes have been on bitcoin recently as markets move into a consolidation phase following a flash crash last Thursday. What may have gone unnoticed is the issuance of more USDT as Tether market capitalization continues to crank higher. дальше »
2019-6-30 13:00 | |
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Bitcoin surges by 3.86% in an hour, while Bitfinex and Tether Treasury exchange $10 million in USDT
The king coin roars again as it surges by a massive 4. 95% over the past 90 minutes. The coin’s price shot up from $11,503 to $12,073. 19 in a matter of hours. At press time, BTC was valued at $11,967. дальше »
2019-6-30 15:43 | |
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Binance celebrates as exchange records a 24-hour trading volume of $5 billion
Binance, the world’s largest cryptocurrency exchange, recorded a 24-hour volume of over $5 billion on June 27. The cryptocurrency exchange’s Chief Executive Officer, Changpeng Zhao, informed the community about the exchange’s achievement via a simple tweet on Twitter. дальше »
2019-6-27 19:30 | |
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Tether Just Printed 100 Million USDT as Stablecoin Company Creates $250 Million USDT This Week
Tether has decided to print a lot of money recently. The market cap of the company has grown from $2.8 billion USD to $3.5 billion USD since last month, which is a sizeable increase of over 20%. Tether is the most popular stablecoin of the world and it shows with such a high market cap. […] дальше »
2019-6-18 01:08 | |
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Bitfinex begins LEO token buyback, maintains no wrongdoing in $850 million shortfall
Cryptocurrency exchange Bitfinex announced the launch of a transparency initiative to coincide with the beginning of the burn mechanism of the company’s LEO token. Bitfinex’s parent company iFinex sold $1 billion in LEO tokens for USDT from private investors during a 10-day token sale in May 2019 to cover an $850 million loss from Crypto […] The post Bitfinex begins LEO token buyback, maintains no wrongdoing in $850 million shortfall appeared first on CryptoSlate. дальше »
2019-6-16 00:50 | |
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Tether (USDT) Market Cap Sees 65% Surge Since Bitcoin’s April Bull Rally
Since the beginning of April 2019, Tether (USDT) market capitalization seems to be growing in tandem with the recent bitcoin price surge. The current USDT market cap which stands at $3. 34 billion surged 65 percent since the bull rally on April 1, 2019. дальше »
2019-6-13 13:02 | |
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XRP vs Stellar Lumens [XLM] Price Analysis: Coins in bearish territory post correction
Ripple’s XRP made the headlines for carrying out more than 9 billion XRP transactions between wallets. However, the bullish ride did not last long. XRP was priced at $0. 4363, with a market cap of $18. дальше »
2019-6-1 13:00 | |
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Tether Tops Bitcoin’s Trading Volume Again as USDT Plays Its Part in ‘2019 is the Year of Stablecoins’ Motto
The speculation that 2019 will be the year for all stablecoins seems to have begun already as Tether (USDT) recorded transaction volumes matching the ‘King Coin' Bitcoin (BTC). On the 28th of May 2019, the cryptosphere witnessed USDT's 24hr transaction volume surpass that of Bitcoin (BTC) by about $1 billion, USDT recorded a volume of […] дальше »
2019-5-29 18:15 | |
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BitMEX’s Hayes: Bitfinex’s LEO Sale Sign Of Returning Bitcoin Bull Market
Weeks ago, Bitcoin exchange giant Bitfinex raised $1 billion worth of capital, purportedly denoted in Tether’s USDT, in an in-house initial exchange offering (IEO). The token being sold was Bitfinex’s own, LEO, and became a popular investment opportunity for whales and other industry insiders. дальше »
2019-5-27 21:00 | |
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Tether’s Market Cap for USDT Reaches a New All-Time High with Over $3 Billion Valuation
Although Tether (USDT) and Bitfinex have been affected by different controversies the stablecoin has reached a new record in its market capitalization. The coin market capitalization of Tether has increased by over 100 million in just 70 days. дальше »
2019-5-26 17:33 | |
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Bitcoin Price ‘Coiling Up’ For $10K, Says Max Keiser As Tether Hits Record $3B Market Cap
Bitcoin industry figures are throwing their weight behind predictions Bitcoin price will reach $10,000 soon as Tether’s market cap passes $3 billion. $10K BTC Next? Stablecoin Tether, whose issuing company has continued its activities as normal despite an ongoing US court case, increased its supply by 100 million USDT tokens May 24. дальше »
2019-5-25 19:00 | |
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XRP and Stellar Lumens [XLM] Price Analysis: Coins struggle to cope with bearish pressure
XRP, the third largest cryptocurrency, saw huge amounts of funds being moved earlier today. XRP was priced at $0. 3701, with a market cap of $15. 5 billion, at press time. The 24-hour trade volume came up to be $1. дальше »
2019-5-23 15:30 | |
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XRP and Stellar Lumens [XLM] Price Analysis: XLM follows XRP’s lead and rides the bull wave
XRP saw a price drop following a roller coaster market today and stood 3rd on CoinMarketCap. It was priced at $0. 4192 with a market cap of $17. 6 billion. The 24-hour trading volume was $4. 3 billion, out of which BW. дальше »
2019-5-16 18:00 | |
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‘Trustworthy’ Bitcoin Exchange That Hid $850 Million Loss Raises $1 Billion
By CCN: Bitfinex CTO Paolo Ardoino told Twitter that the firm was able to raise $1 billion in USDT within a short period because big investors know Bitfinex is “trustworthy. ” Trust, Don’t Verify The New York Attorney General’s office recently opened a very public investigation into the firm. дальше »
2019-5-14 03:00 | |
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BitFinex’s Bitcoin (BTC) Trading at a Discount after a Successful Private Sale
Plagued by accusation of Fraud, BitFinex is bouncing back after a successful IEO raising $1 billion in USDT. With that Bitcoin is trading at a discount. The post BitFinex’s Bitcoin (BTC) Trading at a Discount after a Successful Private Sale appeared first on Ethereum World News. дальше »
2019-5-14 23:45 | |
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Tether [USDT] registers all-time high daily transaction count despite transaction volume stagnating
The cryptocurrency market witnessed a major market surge recently which rapidly improved the market capitalization of virtual assets, taking the collective market cap to $200 billion for the first time since November 2018. дальше »
2019-5-13 16:00 | |
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Bitfinex CTO says $1 billion fund raise complete, is it good for the crypto market?
According to Paolo Ardoino, the chief technology officer (CTO) of Bitfinex, the crypto exchange has completed fundraising of $1 billion in tether (USDT). Ardoino said: “Bitfinex is able to raise 1b USDt in 10 days, in a private sale. дальше »
2019-5-13 13:15 | |
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Shareholder States $1 Billion Already Has Been Lined Up For Bitfinex’s IEO LEO Token Sale
Shareholder States That $1 Billion Has Been Lined Up For Bitfinex’s Token Sale Bitfinex has accrued $1 billion in soft and hard commitments for funding. A public sale is possible, but only if the 1 billion USDT tokens are not sold during the private sale. дальше »
2019-5-9 20:56 | |
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Bitfinex Releases White Paper for LEO Token Sale
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). дальше »
2019-5-8 18:33 | |
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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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