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Huobi Debuts Crypto Brokerage as Its Institutional Arm Grows 400% Since Q3 2019
21.1.2020
Huobi launches a new institutional traders-targeting crypto brokerage as its institutional business surged 400% since Q3 2019
New Stablecoins Commence a Fresh Assault on Tether
17.1.2020
Can any stablecoin topple tether? In 2019, the answer to that question was an emphatic ‘No.’ Despite a string of stablecoins being released onto the market, tether (USDT) increased its grip on the cryptoconomy’s fiat supply, racking up $127B of on-chain volume on Ethereum alone....
Bitfinex ‘Copycat’ Lawsuit Withdrawn and Then Refiled in New District
12.1.2020
Ifinex Inc, parent firm of Bitfinex, finds its ongoing legal troubles further complicated as a November lawsuit has been withdrawn by the plaintiff and refiled in a new district. The company, whose close affiliations with both the Bitfinex crypto exchange and stablecoin Tether have continually...
Stablecoins Are Crypto’s Version of Fractional Reserve Banking
6.1.2020
Stablecoins provide much sought after stability in the volatile crypto markets. They are sometimes even said to affect the price of bitcoin in drastic fashion. Tether (USDT) in particular continues to be widely scrutinized for this, with recent lawsuits about conflicts of interest and price...
Tron-Based Tether Has Ballooned to Over 900 Million Tokens, Almost 22% of Total Supply
2.1.2020
Since Tether’s (USDT) migration to other networks beside the BTC-based Omni protocol, significant shifts have taken place seeing the heavily-printed stablecoin rise to prominence also via Ethereum’s ERC20 standard and Tron’s TRC20 implementation. Ethereum-based USDT supply...
Binance Expands Trading for Turkish Lira Trading Pairs
25.12.2019
Binance users can now trade Turkish liras and Russian rubles against major stablecoin Tether
OKEx Debuts Dai Stablecoin Staking Bonus as Tether Dwarfs Volumes
17.12.2019
Dai support from OKEx seems destined to have little impact in a market dominated by Tether
Venture Capitalists Have Invested Over $200M in Stablecoins
6.12.2019
Does the world need more stablecoins? Yes according to VCs, who have thrown hundreds of millions of dollars at projects developing stable or low volatility digital assets. The $45 million committed in 2019 takes the past two years of VC investment to over $200M. Also read: RBI Governor Discusses...
Bitfinex and Tether Receive Another Class Action Lawsuit in US Courts
27.11.2019
The operators of the cryptocurrency exchange Bitfinex and the stablecoin Tether have notified users that they were hit with another class action lawsuit in U.S. courts over market manipulation allegations that the companies are trying to frame as mercenary and baseless. Also Read: Bitfinex Claims...
Crypto Exchange OKEx Launches Bitcoin Futures Margined With Tether
14.11.2019
OKEx has launched a Bitcoin futures contract margined with the Tether stablecoin
Bitfinex Crypto Exchange Moves $1.5M of Stablecoin to Bitcoin Sidechain
3.11.2019
Bitfinex moved $1.5 million worth of the Tether stablecoin from the Omni protocol to the Liquid Bitcoin sidechain
Are Stablecoin Futures Built to Last?
3.11.2019
Sources expect derivatives to power the growth of the crypto markets, soon dwarfing the volumes generated in spot trading
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 and Bitfinex Expect a Market Manipulation Lawsuit: Official
5.10.2019
Tether and Bitfinex expect a lawsuit as they became aware of an unreleased paper alleging that USDT is involved in market manipulation
Connecting Cash to the Internet Using Stablecoins
11.9.2019
Most often overlooked in the fintech space is the world’s most scalable and private payment system: cash. It is used in every country around the world and despite its much exaggerated demise, according to the G4S Global Cash Report 2018, cash circulation has risen to 9.6% of GDP across...
Tether Announces Its Future Plans to Launch Two New Stablecoins for Users
6.9.2019
Tether, the popular crypto-fiat hybrid stablecoin firm, is planning to come in the limelight of the financial sphere, with the launch of two new crypto assets. According to the news, one coin of the controversial crypto firm will be secured with precious and lucrative commodities like gold...
Tether Plans to Launch CNHT, An Offshore Stablecoin in China
31.8.2019
Tether Holdings announced its plans to launch an offshore stablecoin in China which is to be backed by renminbi (Yuan). It is to be dubbed CNHT. After Bitfinex enabled trading of Tether on their platform in 2015, Tether’s USDT made a massive impact on the crypto economy of China. To date, it...
Bittrex Crypto Exchange Transitions to ERC-20 Implementation of Tether
5.8.2019
Cryptocurrency exchange Bittrex has completed switching Tether from the OMNI-based implementation of the stablecoin to the ERC-20 one
Stablecoin Tether Launched on Liquid Network of Blockstream
30.7.2019
As per the official announcement dated 29th July, the widely utilized stablecoin Tether (USDT), has been launched on the Liquid Network of the blockchain technology firm called Blockstream. Introduced in October 2018, the Liquid Network is a ‘sidechain protocol’ that is designed to connect...
Honestnode Founder Discusses the First Stablecoin Built on Bitcoin Cash
22.7.2019
On June 12, the Honestnode team announced the release of a new stablecoin project built on top of the Bitcoin Cash network called Honestcoin (USDH). The new token was made using the Simple Ledger Protocol (SLP) and recently launched on the cryptocurrency trading platform Coinex. This week...