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Kucoin Hacked for $150 Million in Bitcoin; Bitfinex and Tether Freeze $33 Million of the Stolen Funds
26.9.2020
Cryptocurrency exchange Kucoin may have been hacked for $150 million in bitcoin and multiple ERC20 tokens. The Singapore-based exchange confirmed the September 25 security breach, but did not disclose the amount stolen. “Bitcoin, ERC-20 and, other tokens in Kucoin’s hot wallets were...
The Genesis of BCH Tokenization: Over 10,000 SLP Tokens Built on Bitcoin Cash
25.9.2020
This week Bitcoin Cash fans have been discussing the milestone of over 10,000 Simple Ledger Protocol (SLP) tokens created since the infrastructure was first introduced. Moreover, tokens built on Bitcoin Cash are nearing 1 million transactions to-date. Bitcoin Cash (BCH) community members have...
100M people worldwide now use crypto-based assets, says Cambridge study
24.9.2020
Skyrocketing figures show crypto’s growing global dominance.Skyrocketing figures show crypto’s growing global dominance
Tether Trades Around $1.00 with a Bearish Bias
22.9.2020
Tether—the US Dollar pegged stable coin has taken over XRP’s position globally and is now ranked on the 3rd position in the market. Since USDT is a stable coin, it is likely to have its value around $1 and is currently trading at $1.0002. Moreover, it was in March when USDT was seen having a …
Tether market cap increases almost 4X in 2020 to $15 billion
18.9.2020
Tether supply surges to $15 billion but it could still be a house of cards
Judge Orders Bitfinex to Turn Over Tether Loan Documents (Again)
17.9.2020
A New York judge eordered Bitfinex and Tether to turn over financial documents to the New York Attorney General's office, but left the timing to the parties to coordinate
Delta Exchange Claims First With Crypto Options Settled in Tether Stablecoin
17.9.2020
The cryptocurrency derivatives platform now offers put and call options contracts settled in the stablecoin tether (USDT)
Bitcoin will continue appreciating, although at a slower pace than in the past, Bloomberg analyst explains
16.9.2020
According to senior commodity strategist at Bloomberrg Mike McGlone, Bitcoin’s limited supply and increasing adoption will lead to steady, although gradual, appreciation
Record $113M BUSD stablecoin inflow shows Binance is serious about DeFi
16.9.2020
The rapidly growing market cap of Binance’s BUSD stablecoin shows the exchange is taking serious steps to become a major DeFi contender
First Mover: Bitcoin Investors the Sane Ones as Federal Reserve Cheers Inflation, Price Nears $11K
15.9.2020
Cryptocurrencies' 2020 gains are the truth gauge as markets react to the Federal Reserve's inflation goal, where Zimbabwe is the model of success
New York Attorney General to Bitfinex and Tether: ‘Delays Must Stop’
15.9.2020
Bitfinex and Tether shouldn’t need more than two months to produce documents about USDT issuances and past operations in New York first ordered 17 months ago, an NYAG lawyer argued in a letter Monday
Red Crypto Flags by FATF, Tether Ditches Tron For Ethereum + More News
14.9.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Regulation news
In an attempt to help national authorities detect cryptoasset-related money laundering and terrorist financing, the Financial...
Tether Recovers $1 Million USDT Sent to Wrong Defi Address by Chinese Traders
13.9.2020
Tether has recovered and returned $1 million worth of USDT to a group of Chinese traders who, in error, sent the funds to a wrong decentralized finance (defi) address. On September 8, the group, going under the moniker ‘Bill,’ “accidentally” transferred the money to a Swerve...
A by-the-minute look at Tether’s $1 billion swap from Bitfinex to Binance
12.9.2020
The recent Tether burn seems to have involved a lot of trust between Binance and its counterparties
NYAG Asks Court for New Order to Make Bitfinex Turn Over Tether Loan Documents
9.9.2020
The New York Attorney General's office wants Tether and Bitfinex to immediately turn over documents detailing a $900 million line of credit
Crypto Market Sentiment Unchanged; Tether and Tron Win the Week
7.9.2020
The combined moving 7-day average crypto market sentiment score (sentscore) for the top 10 coins by market capitalization recovered very little over the course of the past week. It went up from 5.48 seen last week to 5.55 recorded today, according to crypto market sentiment analysis service...
Opium Protocol Allows Traders to Hedge or Bet Against the Stablecoin Tether’s Solvency
7.9.2020
Cryptocurrency traders can now protect their tether tokens or bet against the solvency of the stablecoin by leveraging a new crypto derivatives product from the Opium Protocol. Opium founder, Andrey Belyakov, claims the product is the “first CDS (credit default swap) on a centralized...
Blockchain Bites: Tether’s Dispute, Buterin’s Fix and 3 Reasons for Bitcoin’s Sell-Off
4.9.2020
Tether disputes allegations of market manipulation, Vitalik Buterin proposes a fix for Ethereum's high gas fees and Voatz weighs in during a federal trial
Market Update: Blood in the Crypto Streets, Bitcoin Miner Dumps, CME Gap, Defi Doldrums
4.9.2020
The cryptocurrency economy slid significantly on Thursday afternoon (ET), as the aggregate market cap of all the crypto coins shaved more than 10% during yesterday’s trading sessions. More than 12 hours later, a number of the top crypto assets are still down in value between 4-12%, and some...
First Mover: Buying Bitcoin’s Dip, Betting Against Tether and Weighing the Jobs Report
4.9.2020
Crypto traders appeared to be buying the dip after Thursday's 11% plunge. ALSO: There's a contract for that: How to hedge Tether's credit risk