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Tether Treasury Mints 30M USDT After Bitcoin Crashes Below $8,000

Yet again, we have observed the Tether Treasury minting a significant amount of USDT shortly after the Bitcoin price dropped hard to below $8,000. This time, the Whale Alert (@whale_alert) Twitter account has noted a minting of $30 million in USDT on the TRON blockchain by the Treasury, who then moved it to the Bitfinex […] The post Tether Treasury Mints 30M USDT After Bitcoin Crashes Below $8,000 appeared first on BeInCrypto. дальше »

2019-10-24 04:08


Invite-only Binance Bitcoin futures see 150 million USDT volume in 24 hours

Despite being invitation-only, Binance’s newly launched testnet futures platform saw 24-hour trading volumes of over $150 million in BTC/USDT contracts. Binance futures testnet platform Announced at the beginning of July, the launch Binance’s futures trading platform has been one of the most anticipated events this summer. дальше »

2019-9-11 21:49


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Yet another reason to dislike Tether: 300 addresses hold 80% of the ‘stablecoin’

Infamous stablecoin and pseudo currency Tether (USDT) doesn’t exactly have the cleanest of rap sheets, and if you needed another reason not to trust it, keep reading. According to recent findings from cryptocurrency researchers at Coin Metrics, around 300 entities hold about 80 percent of the Tether currently in circulation, Bloomberg reports. дальше »

2019-8-8 11:30


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


Tether continues to issue USDT as community speculates USDT influx is resisting BTC pullback

With respect to fortune, Tether, the largest stablecoin in the industry, has witnessed a roller-coaster of a year in 2019. The stablecoin was first dragged into the controversial Bitfinex fiasco, where Bitfinex allegedly covered a $850 million loss with Tether funds, leading to Tether experiencing the biggest fall in valuation ever and dropping to $0. дальше »

2019-7-2 22:30


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