2018-7-3 07:00 |
An investigative Bloomberg article raising concerns about market manipulation of tether on the Kraken exchange has sparked a social media firestorm.
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Lawyers for Tether and Bitfinex parent iFinex have said a class action accusing them of market manipulation relies on unfounded allegations.
2020-9-4 13:08 | |
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Prominent cryptocurrency exchange Kraken recently published a post on its blog titled “On Tether: Journalists Defy Logic, Raising Red Flags” and presented its side of the story on the Tether price manipulation alleged by prominent publication Bloomberg.
2018-7-3 23:49 | |
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Cryptocurrency exchange Kraken has hit back at Bloomberg and other news outlets over recent coverage of possible Tether manipulation or “wash trading” on its platform. According to the response by Kraken, the Bloomberg reporter “inexplicably fails to comprehend basic market concepts such as arbitrage, order books and currency pegs.
2018-7-2 20:43 | |
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A recent investigation into Tether activity on popular cryptocurrency exchange Kraken triggered scathing responses from the exchange, who fired back at journalists that, according to Kraken, fail to understand market basics.
2018-7-2 15:00 | |
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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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Following a Bloomberg News 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 09:20 | |
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According to a recent report by Bloomberg, huge trades move prices about the same as small ones, disregarding the normal rules of economics when it comes to the coin Tether. Bloomberg’s article mentions: “According to a review of Kraken’s public order book—a pattern that experts on market manipulation view as a red flag. The mystery is bracketed […]
2018-7-1 02:56 | |
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After accusations that Tether was used to manipulate Bitcoin’s price during the cryptocurrency market’s 2017 peak, experts are now looking closely at Tether’s logic-defying activity on the exchange Kraken.
2018-6-30 15:15 | |
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USD Tether, the stablecoin which reportedly has 1:1 USD backing through reserve banking, has just printed 250 million USDT tokens. This may be indicative of a deposit of $250 million in USD Tether’s bank accounts.
2018-6-26 13:30 | |
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Tether Ltd. , which issues a stable coin allegedly tied to U. S. dollar reserves, claims it has hired Freeh Sporkin & Sullivan LLP — a law firm co-founded by FBI Director Louis Freeh — to confirm its bank deposits and assure investors that its cryptocurrency is backed by USD.
2018-6-21 23:05 | |
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Yet further concerns surrounding the impact of Tether (USDT) and Bitcoin (BTC) futures on the leading cryptocurrency’s fortunes were raised on CNBC, Wednesday June 13th. As CNBC notes, Bitcoin futures have sunk 55 percent this year, reaching their lowest levels since February.
2018-6-15 17:16 | |
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With BTC futures down 55% in 2018, analysts weigh in on the controversial allegations that Tether is being used as a shorting mechanism to manipulate markets
2018-6-15 13:54 | |
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Following the University of Texas report published yesterday on the possibility of Tether and Bitcoin’s manipulated price inflation through Hong Kong-based exchange, Bitfinex — I want to offer Director of Research at CoinDesk, Nolan Bauerle as a source.
2018-6-15 04:56 | |
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Markets and Prices Tether is back in the news thanks to a new report alleging it played a pivotal role in bitcoin’s mega-bull run last year. Long-time tether critic Bitfinexed has been alleging as much for months, and successfully persuaded a portion of the cryptocurrency community that tether-led market manipulation was rampant. The author of
2018-6-14 03:15 | |
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Tether is back in the news thanks to a new report alleging it played a pivotal role in bitcoin’s mega-bull run last year. This isn’t the first time the dollar-pegged stablecoin has been blamed for market manipulation, but is the most compelling evidence to date that 2017’s record highs may not have been entirely organic.
2018-6-14 01:10 | |
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Tether (USDT) has once again become the source of criticism after a new study blamed it for Bitcoin price manipulation in 2017, The New York Times reports Wednesday, June 13. A paper released June 13 by John M.
2018-6-13 20:22 | |
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To do that, the person or people used a secondary virtual currency, known as Tether, which was created and sold by the owners of Bitfinex, to buy up those other cryptocurrencies. Bitfinex executives have denied in the past that the exchange was involved in any manipulation. The authors of the new 66-page paper do not
2018-6-13 20:01 | |
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Days after Tether (USDT) gained a higher market cap than Monero and Dash, new research has reignited suspicions that the altcoin “manipulated” Bitcoin prices. Cryptocurrency Highs Fuelled By Tether The product of two researchers at the University of Texas, the paper — titled Is Bitcoin Really Un-Tethered? — claims to have identified potential evidence of direct price manipulation since November 2017.
2018-6-13 20:00 | |
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The U.S. dollar-pegged tether has been used to support bitcoin’s price during market downturns, a new study published by University of Texas at Austin professors. The published study states that the researchers used “algorithms to analyze the blockchain data, we find that purchases with tether are timed following market downturns and result in sizable increases in bitcoin prices.
2018-6-13 19:31 | |
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It’s virtually an open secret that Bitcoin price manipulation was rampant last year, and now we’re a lot closer to proof. An academic paper published on Wednesday, concluded that “at least half” of Bitcoin’s meteoric rise last year was a result of Tether purchases on Bitfinex.
2018-6-14 19:29 | |
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A new study by the University of Texas at Austin claims that the Tether stablecoin is used to increase bitcoin's price during market downswings.
2018-6-14 17:06 | |
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Extant suspicions Tether “manipulated” Bitcoin prices have been joined by new research, The New York Times reports
2018-6-13 16:37 | |
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Cantor Fitzgerald CEO Howard Lutnick may join the cabinet being formed by President-elect Donald Trump.
South Korean crypto exchange Upbit is expanding its USDT market by adding 12 new crypto tokens to its listings. One of the tokens saw its price soar to nearly 300% after its launch. According to Upbit’s notice, the crypto exchange…
Tether moves towards supporting AI-powered products via its new software development kits.
Stablecoin issuer Tether has unveiled a wallet development kit allowing developers and businesses to integrate non-custodian wallets for Bitcoin and USDT into apps and websites. According to a Nov. 11 announcement, the WDK wallet development kit is designed for both…
Tether recently assisted the Ontario Provincial Police in recovering $10,000 CAD worth of stolen cryptocurrency. This recovery was achieved through Tether’s collaboration with the OPP’s Cyber Investigations Team, showcasing the company’s commitment to supporting law enforcement in combating cybercrime. Tether…
The USDT issuer is expanding in trade finance, seeking to carve out a niche in the $10 trillion ecosystem.
Nigerian authorities have fined two crypto firms $30,000 for conducting USDT to naira transactions without a license. According to local Nigerian media outlet Nairametrics, the Federal High Court in Abuja convicted two crypto companies, Egomsinachi Road Autos Limited and Chimera…