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Bitfinex Claims to Be Victim of Fraud After Crypto Capital President Arrested
28.10.2019
The operators of Bitfinex claim that the cryptocurrency exchange is a victim of fraud committed by its payment processor Crypto Capital. The men behind Crypto Capital now face charges related to money laundering in Poland and the U.S. Also Read: Tether Created ‘Largest Bubble in Human...
Market Update: Crypto Prices Hold Steady After Massive Bullish Spike
27.10.2019
Digital currency markets are coasting along after an enormous move on Friday of more than 20-40%. The entire cryptoconomy is hovering around $249 billion as it gained a whopping $30 billion very quickly this week. Crypto prices corrected a touch since the spike, but are still well above the lows...
Crypto Coin Tether Becomes Hot-shot Payment Method at Gambling Sites, Pot Shops
26.10.2019
Tether, the notoriously famous crypto coin, is, unfortunately, paving its way into the depths of the digital currency niche by evolving as a strong medium for the trading of goods and services. The virtual currency has been at the center of focus for all the bad reasons in recent times. Many...
Nearly 12% of All Tether Is Now on Tron After $100M Chain Swap
25.10.2019
The number of USDT tokens on Tron increased by $100 million in just one day
Huobi Global Joins Hands with TRON to Bring TRC20-USDT for Users on the Platform
19.10.2019
Huobi Global and TRON have jointly announced the TRC20-USDT, a two-phase bonanza, where users will get exclusive benefits from trading the TRON based Tether on the crypto exchange. As per the announcement, users with net deposits of more than 100 TRC20-USDT will get a 30% APR as reward. These users...
104 Addresses Hold 70% of Tether, Research Reveals
17.10.2019
The ownership of tether (USDT) turns out to be quite concentrated. According to a recent report, a few addresses control the bulk of the stablecoin, which is widely used by bitcoin traders. The finding comes on top of fresh accusations of creating a bubble levied in a lawsuit against tether’s...
80% of Crypto Trade Volume Tracked by Blockchain Surveillance
16.10.2019
Ever since governments worldwide started showing adversity toward cryptocurrencies like bitcoin, a few startups have dedicated their business model to blockchain surveillance. Two weeks ago, Chainalysis revealed the company is monitoring 21 different tokens that stem from Ethereum. On Tuesday,...
Tron CEO, Justin Sun Forecasts USDT as the Top Future Stablecoin
16.10.2019
In his latest tweet, Tron CEO Justin Sun has professed the TRC20-based USDT, forecasting it as the biggest stablecoin of the futures markets. TRC20-based USDT is the version of the Tether powered by Tron Blockchain. In terms of usage, it has gained 5th rank beating other top-ranking stablecoins....
How Severe Is Roche Freedman’s Lawsuit Against Tether and Bitfinex?
11.10.2019
The latest lawsuit against Bitfinex and Tether highlights the need for better regulations across the stablecoin market
Tether Created ‘Largest Bubble in Human History’ Claims Lawsuit Against Bitfinex
9.10.2019
A common attack against Tether in the crypto ecosystem is that the stablecoin isn’t really backed one-to-one by the U.S. dollar. We might soon get to know if these concerns are substantial, as the matter is now going to court. A new lawsuit against the operators of USDT accuses them...
Bitfinex ‘Chainswaps’ $5M Worth of USDT Onto EOS Protocol
7.10.2019
Cryptocurrency exchanges Bitfinex and EOSFinex announce that they successfully “chainswapped” 5 million USDT onto the EOS protocol
Bitfinex Braces for Imminent Lawsuit Alleging Tether Manipulates Crypto Market
7.10.2019
The operators of the cryptocurrency exchange Bitfinex and the stablecoin Tether are again engaged in public relations crisis management. They have notified users of an imminent lawsuit over market manipulation allegations and are trying to frame it as just a shameless money grab attempt. Also Read:...
Tether Fails to Gain Momentum; May have to Stay Still Some More Days
2.10.2019
Tether could not fetch a solid growth in the last 24 hours Resistance may fall at 1.017 USD in the coming days Tether (USDT) has shown four major price swings in the last 24 hours. The value against USD is still hanging between 0.9 USD and 1 USD. There is a marginal increment in the …
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Chinese Bitcoin Investor: CNH Tether Avoids USDT Regulatory Risk
2.10.2019
Bitcoin investor Zhao Dong speaks about Tether’s yuan-backed stablecoin and crypto investing in China
Tether Goes Opposite of the Market by Cutting 0.21% in the Value Overnight
1.10.2019
Tether falls by 0.21% over the last 24 hours. The next resistance is likely to come at 1.014 USD. Tether (USDT) has gone opposite to the overall market trend and in the last 24 hours, it has lost 0.21%. The value is constantly hovering around 1 USD and it has fallen to as low as …
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Market Outlook: Traders Play New Positions After Massive Drop in Crypto Prices
25.9.2019
On September 24, digital currency markets saw significant losses as the entire cryptoconomy lost $35 billion in a short period of time. Cryptocurrency enthusiasts and traders are now even more uncertain to where markets are headed in the short term. The sudden sell-off that took place on Wednesday...
Tether Continues the Drop on the Second Day; Deals at $1
21.9.2019
Tether (USDT) is reflecting a slight drop in the price. The currency locked a downtrend in yesterday’s chart too. The downfall in the coin doesn’t seem to last. It would soon be lifted, and the traders would get the opportunity to recover. Tether holds a high possibility of giving a high return...
Justin Sun Takes A Dig At Ethereum, Says It Can’t Handle USDT Traffic, Urges Holders To Use TRON
21.9.2019
In a rather strange and unexpected tweet, founder and chief of TRON, Justin Sun wrote on Thursday that Ethereum couldn’t handle the traffic of USDT. He also urged USDT owners to use TRON instead, as it was free and offers instant transactions. #Ethereum can't handle $USDT's traffic &...
Bankera Launches a Global Crypto Backed Lending Solution
21.9.2019
The team behind Bankera, which is building the bank for the blockchain era, has announced the release of its very own lending solution – Bankera Loans. The solution aims to provide flexible and secure crypto-backed loans to cryptocurrency holders globally starting from as low as 100 EUR up to...
Tether Deals with the Bears; Holds Hope for Recovery
21.9.2019
Tether price rides the bears. The coin might embark a heavy recovery soon. The market is seen climbing up since the opening hours. The market cap is around $24 billion today. In yesterday’s chart, the market cap was hovering around $26 billion. The upward movement of market cap is also reflected...