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2022 trial date set for Tether’s accused 'shadow banker' Reggie Fowler
6.8.2021
Former NFL team owner and alleged “shadow bank” operator Reggie Fowler is not engaged in any plea negotiations and the trial against him is set to begin early next year
Bitcoin bulls overtake the $40K barrier ahead of Friday’s $625M options expiry
6.8.2021
Securing a close above $40,000 will give bullish pro traders a sizeable advantage in Friday's $625 million BTC options expiry
Precious Metals Firm Kitco Launches Gold-Backed Tokens Built on Ethereum
5.8.2021
On August 4, the precious metals firm Kitco Gold announced the launch of a gold-backed stablecoin which will leverage an audit process via Cohen & Company with monthly attestation reports. Kitco has partnered with Tradewind Markets, First Digital Trust, and Stably, an asset tokenization...
Stablecoin market to hit $1T by 2025, Unstoppable Domains CEO predicts
5.8.2021
As an early crypto bull, Unstoppable Domains CEO Matthew Gould believes that Bitcoin won’t retest its all-time high of $64,000 for at least one year
Bitcoin Cash Shows Maturity in Its Fourth Anniversary
1.8.2021
Born four years ago as a result of the disagreement between two groups over scaling issues, Bitcoin Cash has grown to be so much more. Offering a full suite of solutions for cryptocurrency users, having support from thousands of merchants at a worldwide level, and recently introducing Smartbch,...
Regulators scrutinizing Tether's commercial paper reserves: Comptroller of the Currency
28.7.2021
Tether is still under regulatory pressure with eyes now cast towards its commercial paper reserves
Market Wrap: Bitcoin Stalls After Short-Squeeze Rally
27.7.2021
Technical data suggests lower support around $34,000 could stabilize the current pullback
Why Stablecoins Are Suddenly in the News
27.7.2021
From questions surrounding Tether's USDT to Circle's plan to go public, here is your guide to why everyone is suddenly talking about stablecoins
The Tether Put: Crypto Equivalent of Credit Default Swap?
26.7.2021
Cryptocurrency market makers say they're fielding inquiries about how to bet on a falling price for the dollar-pegged stablecoin USDT
Tether’s Collapse Would Be Chaotic, Not Cataclysmic
26.7.2021
Possible criminal charges against Tether executives will put even more pressure on a product that the market is already cooling on
Bitcoin Spike Fueled by Short Squeeze as Market Shrugs Off Tether News
26.7.2021
According to one analyst, some $1 billion in trading positions were liquidated as prices surged
USDT Maintains Dollar Peg as Traders Shrug Off DOJ Tether Probe Report
26.7.2021
Unlike past scares, Monday’s report of a Department of Justice investigation hasn’t shaken traders’ faith in the stablecoin
Bitcoin Stays In Range Despite Alleged Tether Criminal Probe Report
26.7.2021
Bitcoin (BTC) trimmed its gains today, before rebounding again despite claims that executives behind the most popular stablecoin, tether (USDT), might face a criminal probe.
At 14:33 UTC, BTC trades at USD 38,473, rebounding from USD 37,889, reached after a report by Bloomberg said that a US probe...
Users Criticize Uniswap’s Decision to Remove Over 100 Tokens From Main Interface
25.7.2021
The largest decentralized exchange (dex) platform, in terms of trade volume, Uniswap has revealed the dex has removed a number of tokens from the platform interface. The community assumes the tokens could be deemed securities by global regulators. Uniswap users can still swap these tokens...
Paxos Standard Presents Assets Backing Its Stablecoins
23.7.2021
Paxos, a regulated blockchain company, recently presented the basket of resources that back its stablecoins. Paxos Standard (PAX) and Binance USD (BUSD) are reportedly backed almost 100% by cash and cash equivalents. Dan Burstein, CCO of Paxos, harshly criticized Tether and Circle, issuers of other...
Bitstamp to List Tether Euro (EURt) on Site and App
22.7.2021
Bitstamp has announced that they will be releasing Euro (EURt) on their app and website for trading purposes. Stablecoin has grown by 300 percent this year, reaching a market capitalization of almost $110 billion. For the first time, the volume of total on-chain trade has surpassed $700 billion...
Tether promises an audit in 'months' as Paxos claims USDT is not a real stablecoin
22.7.2021
Tether’s general counsel said a full audit is coming in months
A Warning From SEC Chair, Bitcoin Miners Go Public, Euro Tether + More News
21.7.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Regulation news
"Make no mistake: It doesn’t matter whether it’s a stock token, a stable value token backed by securities, or any other...
Auditors reveal USDC backing as Jim Cramer sounds alarm over Tether's mad money
21.7.2021
Grant Horton has conducted an audit on USDC’s reserves and Jim Cramer has questioned what's going on with Tether's commercial paper reserves
Circle Publishes USDC Attestation, Reserve Report Reveals Segregated Accounts in USD-Denominated Assets
20.7.2021
On July 20, the CEO of Circle Internet Financial LLC., Jeremy Allaire, published a blog post that explains the firm’s dollar-pegged stablecoin is backed by “prioritized trust, transparency, and accountability.” Allaire’s blog post follows a letter from the Centre...