Search
VC Backed Billion-Dollar Stablecoin Project Fei Protocol Falls Below the USD Peg
8.4.2021
The new decentralized finance (defi) stablecoin project called Fei had some issues this week after the 1:1 USD pegged token dropped well below its targeted $1 value. The Fei project was supposed to be similar to Maker DAO’s algorithmic DAI stablecoin and it was backed by major venture capital...
Jeremy Allaire: 'USDC is halfway to flipping PayPal'
7.4.2021
USDC has seen huge growth and is gaining fast on Tether, the king of the stablecoins
Polkadot’s Potential Gathers Momentum as Tether Joins the Ecosystem
6.4.2021
The largest stablecoin by market capitalization will be the first to enter the ecosystem as the Kusama canary network adds support for tether before the eventual deployments to parachains. Tether Inclusion Complements Polkadot’s Efforts to Attract More Defi Applications With cryptocurrency...
Polkadot Investors Unimpressed With Tether News
6.4.2021
Polkadot (DOT) investors seem to be unimpressed by the news that the most popular stablecoin is coming on this blockchain.
The issuer of the stablecoin, Tether, announced today that tether (USDT) will launch on Polkadot, becoming the first stablecoin on this network.
However, DOT, ranked 6th...
Tether’s stablecoin set to land on Polkadot and Kusama
6.4.2021
The launch of parachain shards on Polkadot will also mean the release of Tether on the network
Crypto Economy Nears $2 Trillion, XRP Gains 37%, BTC Dominance Drops to 56%
5.4.2021
Digital currency markets have seen some significant gains on Monday as the entire market capitalization of all 8,500+ cryptocurrencies in existence has jumped a few percentages. Bitcoin’s price has spiked a touch over 1.5%, but a number of other coins have seen much larger gains during...
Assurance Report Says Tether Stablecoins Are Fully Backed- Firm Exceeded Its Consolidated Liabilities
1.4.2021
The company behind the world’s largest stablecoin disclosed a report by aiming to show “transparency commitment” to clarify whether Tether’s reserves are fully backed or not. Tether Holdings Limited published its “Assurance Opinion” issued by an auditing firm...
Tether stablecoin is fully backed, says new assurance report
30.3.2021
Tether’s reserves for its USDT stablecoin exceed the amount required to redeem the digital asset tokens, according to auditing firm Moore Cayman
Tether's Assets Exceeded Its Liabilities (On February 28) - Auditor
30.3.2021
Source: iStock/standret, Cryptonews.com
Tether, the issuer of the most popular stablecoin, tether (USDT), published its independent accountant's report that claims that the company's assets exceed its consolidated liabilities "as of 28 February 2021 at 11:59 PM UTC."
Cayman-based...
Stablecoin reserves on crypto exchanges hit new historic high of $10B
29.3.2021
Cryptocurrency exchanges continue accumulating massive amounts of stablecoins like Tether and USDC Coin
Crypto Markets Rebound, Bitcoin Price Consolidates, BTC Dominance Levels Sink
27.3.2021
The price of bitcoin dropped around 8% during the last seven days, but prices started to improve during Friday’s mid-afternoon trading sessions. Today, bitcoin is swapping for prices between $54,400 to $54,800 per unit and commands a $1.02 trillion market valuation. The overall market...
Tether market cap surpasses $40B, growing 10x over 12 months
24.3.2021
The market’s leading stablecoin, USDT, reached another major milestone as crypto demand continues to grow
Hermez Network launches zk-rollups on Ethereum mainnet to process cheap payments
24.3.2021
Hermez users will be able to transact with ETH, USDT, WBTC on a scalable layer-two network
Turks Turn to Exploring Bitcoin, Ethereum, And Tether as Lira Plummets
22.3.2021
As Turkish lira (TRY) plummeted once again amidst massive economic uncertainty and opposing views over solutions, the country's citizens turned to Google to explore bitcoin (BTC) and other cryptoassets.
Looking at the interest in 'bitcoin' in the past seven days in Turkey, we see that it jumped...
China May Target Tether after Digital Yuan Launch – B2C2 Japan CEO
12.3.2021
Tether (USDT) could emerge as an unlikely target for the Chinese central bank, the People’s Bank of China (PBoC), when it rolls out its digital yuan ahead of next year’s Winter Olympic Games, an industry player has opined.
Speaking to Bloomberg (via Sankei Biz), Philip Gillespie, the CEO of...
Tether Stablecoin Expands Its Reach to Another Blockchain
11.3.2021
Tether has announced the expansion of its USDT token to an eighth blockchain
Tether tokens go live on Ethereum competitor Solana blockchain
11.3.2021
Tether's integration with the Solana blockchain is intended to help support a range of projects in DeFi, blockchain gaming and Web 3.0
Ethereum's Buterin Says Tether Is Bitcoin's 'Ticking Time Bomb Demon'
10.3.2021
Vitalik Buterin. Ethereum (ETH) co-founder Vitalik Buterin argued that, like Ethereum, Bitcoin (BTC) has its own potential bombs waiting to explode.
The ecosystem around Ethereum could see failures and hacks, discussed the participants of The Tim Ferriss Show yesterday. To this, Buterin said:...
The Many Facts Pointing to Cypherpunk Len Sassaman Being Satoshi Nakamoto
5.3.2021
Satoshi Nakamoto, the creator of Bitcoin, has always been a mysterious character and a great number of sleuths have made it their mission to discover the inventor’s identity. One particular theory was published this month which attempts to tether the well known and now deceased, Len Sassaman...
Tether's Supply Dominance Hits Record Low as USDC & Co Rise
3.3.2021
As USD coin (USDC) strengthens its positions, tether (USDT) is losing its market share, according to crypto intelligence firm Coin Metrics. That said, stablecoins, in general, are again on the rise this year, and the total supply is expected to grow further with the increase in use cases.
Per...