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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...
Tether Mints Record 2B USDT in One Week
11.1.2021
The previous record of 1.5 billion USDT was set the week before last
Ethereum layer-two network to offer batched Tether payments
11.1.2021
Hermez, an Ethereum scaling solution, has partnered with Tether to offer cheaper Tether transactions via zero-knowledge rollups
Scaling Solution Hermez Network Adds Tether Token to Tackle High Ethereum Fees
11.1.2021
Hermez Network sets out to provide faster and cheaper transactions on Ethereum
9 Trillion vs. 100 Trillion: Billionaire Mike Novogratz Asks Which Cryptocurrency Will Win the Payments Race
2.1.2021
On December 31, billionaire investor Mike Novogratz asked his Twitter followers which blockchain coin has the best chance of winning the payments race and offered four choices. Novogratz said there are lots of “contenders” and listed off Facebook’s diem, tether, bitcoin cash,...
Relax, Tether won’t be targeted by SEC, says Bitfinex CTO
31.12.2020
Paolo Ardoino says Tether hasn't done anything to warrant any additional investigations from the SEC
Bitfinex CTO: Tether Is Registered and Regulated Under FinCEN- USDT Not Next Target of the US SEC
31.12.2020
The CTO at Bitfinex Paolo Ardoino has pushed back against rumours that the company’s Tether stablecoin may be the next target of the U.S. Securities and Exchange Commission (SEC). The Bitfinex executive insists that the Tether stablecoin, whose market capitalization has now surpassed...
What Are Stablecoins?
29.12.2020
A stablecoin is a type of cryptocurrency whose value is tied to an outside asset, such as the U.S. dollar or gold, to stabilize the price
XRP Crash Burns Other Crypto Asset Values, BTC Price Remains Unscathed
23.12.2020
Digital currency markets have seen some volatile action this week and during the last 24 hours following the XRP charges, a number of coins shed a great deal of value. At the time of publication, the entire crypto-economy is valued at $629 billion and because XRP lost so much value, bitcoin’s...
'BAM!' Tether celebrates as USDT market cap passes $20 billion
18.12.2020
A record high for the largest stablecoin comes as Bitcoin cools around its own highest-ever levels
New York Attorney General Says Bitfinex, Tether Could Complete Loan Document Handover in ‘Weeks’
11.12.2020
The NYAG has said Tether and Bitfinex have been cooperating in its inquiry, which is expected to progress more quickly once the documents are provided
NY Attorney General expects documents within weeks in Bitfinex/Tether case
11.12.2020
The New York Attorney General’s Office has reported that Ifinex is cooperating in producing documents regarding Bitfinex and Tether’s business relations from April 2019
‘Shameless’ season premiere name drops Bitcoin and other crypto
7.12.2020
Too bad the brief crypto-related conversation was largely nonsensical
Trading Exchange Okex’s Crypto Reserves Nosedived After Withdrawals Opened
6.12.2020
Just recently, after the exchange paused cryptocurrency withdrawals, the trading platform Okex finally enabled digital currency withdrawals last Wednesday. Since then, the exchange seems to be experiencing an exodus of funds leaving, as onchain data shows Okex’s crypto-asset reserves like...
OKEx’s Trading Volumes and Tether Reserve Plunge on Possible User Exodus
3.12.2020
A sharp drop in OKEx’s trading volume and stablecoin reserves – tether in particular – may reveal an ongoing exodus of its users, after the popular crypto derivatives exchange unexpectedly halted all crypto withdrawal activities for about five weeks