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$500K, 60 Lawyers: Filing Reveals Costs of Bitfinex’s Fight With NY Regulators
30.7.2019
Bitfinex has spent half a million dollars producing documents in its ongoing battle with the New York Attorney General's office, a new filing says
Stablecoin Tether Launched on Liquid Network of Blockstream
30.7.2019
As per the official announcement dated 29th July, the widely utilized stablecoin Tether (USDT), has been launched on the Liquid Network of the blockchain technology firm called Blockstream. Introduced in October 2018, the Liquid Network is a ‘sidechain protocol’ that is designed to connect...
Millions in Crypto Is Crossing the Russia-China Border Daily. There, Tether Is King
30.7.2019
Tether has a real-world use case: Chinese importers of cheap goods in Russia use it to send millions home daily
Tether Stablecoin Launches on Blockstream’s Liquid Network Sidechain
29.7.2019
A new version of the widely used but controversial stablecoin tether is launching on Blockstream's Liquid Network
Tether Stablecoin Launches on Blockstream’s Liquid Sidechain Network
29.7.2019
A new version of the widely used but controversial stablecoin tether is launching on Blockstream's Liquid Network
Crypto Market Sentiment: BTC Out of Positive, Tether in Negative Zone
29.7.2019
Source: iStock/da-kuk
The crypto market sentiment measure, Sentscore, went deeper into the neutral zone yet again, moving closer to the negative zone, now standing at 4.43, comparing to the last week’s 4.87, according to Omenics , a crypto market sentiment analysis service.
The biggest surprise...
Judge Punts on Decision in NYAG Case Against Bitfinex and Tether
29.7.2019
A New York judge has delayed making a decision on whether Bitfinex and Tether need to turn over documents to the state Attorney General
US Investors Used Loophole to Buy Bitfinex Exchange’s LEO Tokens
25.7.2019
Bitfinex says it won't sell its LEO tokens to U.S. investors. But two such entities bought the asset via third parties
Bitfinex Claims ‘New York’ Customers Cited by NYAG Are Foreign Entities
23.7.2019
Supposed New York residents and companies that used Bitfinex's trading platform were actually "foreign entities," according to a new filing by the exchange's attorneys
Honestnode Founder Discusses the First Stablecoin Built on Bitcoin Cash
22.7.2019
On June 12, the Honestnode team announced the release of a new stablecoin project built on top of the Bitcoin Cash network called Honestcoin (USDH). The new token was made using the Simple Ledger Protocol (SLP) and recently launched on the cryptocurrency trading platform Coinex. This week...
Tether Stablecoin to Launch on 5th Blockchain
17.7.2019
The popular and sometimes controversial stablecoin tether (USDT) is to launch on the algorand blockchain
Atomic Wallet Announces TRON-USDT Airdrop Worth $30 million, Daily Rewards for TRX Hodlers
16.7.2019
Atomic Wallet has announced $30 million airdrops for TRON and USDT users. The airdrop will take place over 30 days, between July 15 to August 15. Also, Atomic Wallet also announced that those holding TRON based USDT for more than 30 days on the wallet will receive daily rewards. ⚡️We fully support...
Tether Accidentally Minted $5 Billion of Its Stablecoins, Then Deleted Them
16.7.2019
Stablecoin issuer Tether accidentally created $5 billion-worth of its USDT stablecoin at the weekend, before promptly destroying them again
Poloniex and KuCoin Extends Support to the Upcoming USDT-TRON Airdrop
13.7.2019
As per the latest reports, two of the world’s most renowned and widely used digital currency exchanges namely Poloniex Digital Asset Exchange and KuCoin have announced their support to the upcoming USDT incentive plan based on TRC20. That means users of both Poloniex and KuCoin exchange can take...
Metropolitan Commercial Bank Shuts Down Tether’s Accounts
10.7.2019
New York-based Metropolitan Commercial Bank has reportedly requested that Tether close its three accounts
Metropolitan Bank Says It Shut Down Tether’s Account After 5 Months
10.7.2019
Metropolitan Commercial Bank maintained accounts for Tether and affiliated companies for less than half a year before shutting them down
New York Attorney General Fights Dismissal Motion in Bitfinex, Tether Case
9.7.2019
The office of the New York Attorney General has filed a slew of documents to demonstrate that Bitfinex and Tether have been operating out of New York
New York Attorney General Hits Back at Bitfinex, Tether
9.7.2019
New York Attorney General Letitia James. Source: Twitter, @NewYorkStateAG
A long-running battle between the New York Attorney General (AG) and exchange platform Bitfinex has taken a fresh turn. The AG claims there have been irregularities with Bitfinex claims about whether – and how long –...
NYAG: Bitfinex, Tether Served New York Residents Longer Than They Claim
9.7.2019
The New York Attorney General's Office (NYAG) has submitted a series of new evidence to prove the crypto exchange Bitfinex and Tether had served New York customers longer than it claimed.
Competing Stablecoins Can’t Topple Tether
6.7.2019
Love, hate or fear it, there’s no avoiding tether (USDT). Its shadow looms over the cryptoconomy, supplying sanctuary in times of volatility, providing fiat capital inflow and acting as a lightning rod for crypto critics who believe it’s propping up the price of bitcoin. Over the past...