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Amid ongoing legal proceedings, Bitfinex announces Tether loan repayment
5.2.2021
A half-billion dollar loan has been closed out, but multiple court cases grind on
Bitfinex Repays USD 550m to Tether, Nigerian Ban, Dorsey's Bitcoin Node + More News
5.2.2021
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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Bitfinex said that, in January, it repaid the remaining balance of USD 550m of the outstanding revolving loan facility to its sister...
After Yearn exploit, attacker funds frozen and reimbursement plans developing
5.2.2021
Seized funds bring the damage down to $9 million as multiple communities ponder the next step in reimbursing user funds
Active Addresses Number of Tether's Tron Version Eclipsed Ethereum Version
3.2.2021
There's a shift of tether (USDT) activity from the Ethereum (ETH) to the Tron (TRX) version, while the ETH version still has much higher daily transfer value, according to crypto intelligence firm Coin Metrics.
Since 2021 started, stablecoin daily active addresses have reached new highs, said...
Coin Metrics co-founder takes aim at WSJ's Tether FUD
3.2.2021
Reputable data analyst fires back at "wild theories" about Tether reported by the Wall Street Journal
Bullish Sign for Crypto? USDC and Dai Balances on Exchanges Hit Record Highs
2.2.2021
Buying in these stablecoins may foretell where the crypto market is going
USDC on exchanges doubled in January while Tether's dominance fell to new lows
2.2.2021
USD Coin continues to capture stablecoin market share, with Tether’s stable token dominance falling below 75% for the first time ever
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...