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Crypto Economy Loses $102 Billion in 30 Days — BTC, SOL Shed the Most Losses
3.9.2022
A great deal of digital currencies are down in value during the last 30 days and the worst performing crypto out of the top ten coins with the largest market valuations was solana, losing 19.12% against the U.S. dollar. Bitcoin was the second biggest loser in the top ten, as the leading crypto...
Tether Asks Court to Remove Crypto Boutique Law Firm Roche Freedman From Class-Action Lawsuit
2.9.2022
Kyle Roche, an attorney and founding partner of the crypto boutique litigation firm Roche Freedman LLP, recently withdrew from a number of class-action lawsuits initiated by the law firm. The attorney’s withdrawal follows videos that circulated showing the lawyer discussing associations with...
Crypto Biz: You can’t stop the Tether FUD
2.9.2022
This week's Crypto Biz newsletter: The Wall Street Journal questions Tether's business model; venture capitalists are scooping up crypto at rock bottom prices
El Salvador Bitcoin bond delayed due to security concerns: Tether CTO
2.9.2022
The Bitcoin bond was announced in November last year and was initially expected to launch in the first quarter of 2022
Tether requests Roche Freedman to be booted from class action
2.9.2022
Bitfinex and Tether’s legal representatives also want the law firm to return or destroy all defendant-issued documents and confirm they haven't been shared
The total crypto market cap continues to crumble as the dollar index hits a 20 year high
1.9.2022
The total crypto market capitalization dropped by 6.9% in one week, while derivatives metrics reflect increasing demand for bearish bets
Crypto Lawyer Kyle Roche Withdraws From Tether, Bitfinex, TRON and BitMEX Lawsuits After CryptoLeaks Scandal
31.8.2022
The founding partner of upstart law firm Roche Freedman had been accused of starting frivolous class action lawsuits to harm competitors of blockchain project Avalanche
Tether responds to Wall Street Journal ‘disinformation’
30.8.2022
To attack Tether’s reserves [...] further highlights an agenda by the publication to single out Tether and hurt its reputation,” the USDT issuer said
Stablecoin Tether Dismisses Wall Street Journal's Claim of Inadequate Reserves
30.8.2022
Stablecoin issuer Tether has hit back at a Wall Street Journal article that claimed its balance sheet comprised of "unsafe assets."
Argentinian Province Mendoza Starts Accepting Tax Payments in Crypto
29.8.2022
Mendoza, an Argentinian province, has implemented a system that allows taxpayers to pay their taxes fully with cryptocurrencies. The system, which was launched this week, is part of a strategic push for the modernization and digitalization of payments carried by the tax authority of Mendoza...
0.3% fall in assets "could render Tether technically insolvent" — WSJ
29.8.2022
Wall Street Journal's Jean Eaglesham and Vicky Ge Huang suggested that such a “thin cushion of equity” could cause mayhem in the market if Tether’s liabilities were to outweigh its assets
NearPay Launches Virtual Crypto Cards, Wallet for iOS and Android; Physical Cards to be Launched 'Soon'
26.8.2022
Seeking to bring what the company describes as "the modern digital banking experience" to the cryptosphere, crypto finance protocol NearPay has launched virtual crypto cards and its wallet for iOS and Android.
The service is currently available to residents of the European Economic Area (EEA)...
Tether’s Tornado Cash Noncompliance Is Less Brave Than You Think
25.8.2022
The world’s largest stablecoin issuer won't freeze tainted addresses, for now
Stablecoin Issuer Tether Won’t Freeze Tornado Cash Addresses, Says Premature Freezing Could Jeopardize Investigations
24.8.2022
While the crypto community is still talking about the U.S. government banning the ethereum mixing platform Tornado Cash, the stablecoin issuer Tether Holdings Limited revealed on Wednesday that the company would not “freeze Tornado Cash addresses.” Tether’s recently published...
Tether says it would not freeze sanctioned Tornado Cash addresses unless instructed by law enforcement
24.8.2022
"In our dealings with law enforcement we are sometimes specifically instructed not to freeze addresses as this could alert suspects," says Tether
Tether Sticks to Decision Not to Bar Tornado Cash Addresses
24.8.2022
The stablecoin issuer sees a freeze of secondary Tornado Cash addresses as premature, and awaits more clarity from U.S. authorities
Data shows Bitcoin and altcoins at risk of a 20% drop to new yearly lows
22.8.2022
The total crypto market capitalization dropped to the $1 trillion support, and weak stablecoin demand and a largely absent funding rate reflect traders’ negative sentiment
Stablecoin issuers hold more US debt than Berkshire Hathaway: Report
22.8.2022
Tether, Circle and other stablecoin firms held $80 billion worth of short-term U.S. government debt as of May 2022, more than owned by Warren Buffett’s Berkshire Hathaway
Landmark Crypto Judgment: Service by NFTs, Disclosure Orders Against Crypto Exchanges, and Potential Constructive Trustee Liability
21.8.2022
Kate Gee is Counsel at Signature Litigation LLP, specialising in crypto disputes, civil fraud, and asset tracing.__________...
Read More: Landmark Crypto Judgment: Service by NFTs, Disclosure Orders Against Crypto Exchanges, and Potential Constructive Trustee Liability
Tether Hires BDO Italia for Monthly Assurance Reports, USDT’s Quarterly Attestation Shows a 58% Decrease in Commercial Paper
20.8.2022
This week, the stablecoin issuer Tether Holdings Limited revealed an update to its assurance and attestation process and detailed that the company has been working with accounting firm BDO Italia. The accounting firm will conduct monthly tether assurance reports based on the stablecoin...