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Crypto Market Sentiment Almost Unchanged with Tether Taking a Lead
1.2.2021
The final week of January passed without any major movements in the market sentiment in either direction. The combined moving 7-day average crypto market sentiment score (sentscore) for the 10 major coins saw a small rise from 5.77 recorded last week to 5.8 today, according to crypto market...
First Mover: Risks Nobody’s Ever Seen, From the Fed to Tether (and GameStop)
27.1.2021
Risks surrounding the stablecoin tether (USDT) have been known for years, but they're commanding fresh attention as the amount outstanding swells to $25B
Circle enables seamless USDC-USD transfers, providing a bridge from banks to DeFi
27.1.2021
The result of developments in both crypto technology and regulation, Circle’s new USDC API provides a bridge between crypto and traditional finance
What Tether Means When It Says It’s ‘Regulated’
26.1.2021
Representatives say the $25B stablecoin is "regulated" but the issuer doesn't look like a financial institution bound by norms and laws
Questions About Tether Just Won’t Go Away. Does the Crypto Market Care?
26.1.2021
Is the price of bitcoin and other cryptocurrencies inflated because the backing of tether may not be as strong as people think it is?
USDT Transactions on Tron Surpassed Ethereum Tether Transactions Every Day in 2021
25.1.2021
During the last two months, tether transactions have spiked considerably. More recently, however, USDT transactions on the Tron network have outpaced the number of tether transfers on the Ethereum blockchain. Despite a whole lot more ERC20-based tethers in the wild, the minted stablecoin using...
Tether’s Bank Deltec Says Stablecoin Is Fully Backed by Reserves
22.1.2021
"Every tether is backed by a reserve and their reserve is more than what is in circulation," Gregory Pepin, Deltec Bank's deputy CEO, said on a podcast Friday
Robbers Take $450K From a Tether Trader During an In-Person Transaction in Hong Kong — Second Incident in 2021
21.1.2021
Hong Kong police are investigating the second incident in the year involving an offline cryptocurrency transaction. A female trader is reportedly the latest victim of robbers who stole her HKD 3.5 million ($451,000) worth in tether (USDT) tokens. One of the Robbers Gained Female’s Trust...
Tether Use on Tron Passes Ethereum as Low Fees Attract Small Transactions
20.1.2021
Tron USDT volume eclipses Ethereum for the third consecutive week
Tether and Bitfinex seek further 30 days to produce critical trial documents
20.1.2021
iFinex Inc needs another 30 days to produce trial documents for the New York Attorney General
Bitfinex Says It’s Nearly Done Turning Over Documents to NYAG
19.1.2021
The document production process has already stretched over a year
New ‘market fear’ index lets traders bet on crypto volatility
19.1.2021
COTI’s new Crypto Volatility Index allows traders to profit from highly-volatile cryptocurrency markets
Hong Kong Crypto Robbers Strike Again: Gang Makes off with 450k Tether Haul
19.1.2021
Source: Adobe/Дмитрий Ногаев
Trading crypto in person is becoming increasingly risky in Hong Kong – with a second trader this month robbed by violent thugs after agreeing to swap cash for tokens offline.
Per the South China Morning Post and Apple Daily’s Hong Kong site, the latest victim...
Publisher of ‘Infinite Fleet’ Game Kicks Off Token Offering With $1M Tether Investment
18.1.2021
The security token offering enables investors in select EU countries to share in future profits, Exordium says
Infinite Fleet publisher launches STO led by $1M investment from Tether
18.1.2021
Unlike most blockchain gaming fundraises, this one offers equity in the company and future profit-sharing
Bahamas-Based Deltec Bank Holds a ‘Large’ Bitcoin Position
16.1.2021
Bahamas-based Deltec Bank & Trust said during a recent video review that it’s holding a “large position” in bitcoin. The information was given by their chief investment officer, Hugo Rogers. Deltec Executive Discusses Bitcoin Position According to the video uploaded to...
Blockchain Bites: Coinbase Wants to Crowdsource Asset Listings; What’s Up With Tether’s Bank?
15.1.2021
Deltec invested some clients' funds in bitcoin, but not Tether's, the bank confirms. So what exactly is backing tether?
Bitfinex & Tether in Focus amid Key Milestone in NYAG Probe
15.1.2021
Source: iStock/standret, Cryptonews.com
Today is the date on which the injunction placed on related major crypto companies Bitfinex and Tether by the New York Attorney General (NYAG) expires, and it is also the deadline for both companies to hand over any remaining financial documents tied to...
Tether’s Bank Says It Invests Customer Funds in Bitcoin
14.1.2021
Deltec, Tether’s Bahamas-based bank, announced Thursday it was investing customer funds in bitcoin. The announcement, made by Deltec Bank & Trust Chief Investment Officer Hugo Rogers during a year-in-review video, raises new questions about whether the dollar-pegged USDT stablecoin, which...
Bitfinex Executives Deny Allegations of Issuing USDT to Pump BTC – “Tether Backed by Cash Assets and a Loan”
13.1.2021
Bitfinex general counsel Stuart Hoegner has dismissed the notion that only 74% of the tether stablecoin in circulation is fully backed. Hoegner insists the stablecoin is fully backed by assets that include cash, cash equivalents as well as bitcoin. However, both Hoegner and the company’s...