Bitfinex and Tether must turn over documents detailing their financial relationship and history to the New York Attorney General’s office (NYAG), a New York Supreme Court justice ruled again on …
Sprawling DeFi Sector Pushes Tether (USDT) to $15 Billion
The total market cap of Tether (USDT) has crossed $15 billion for the first time. The expanding DeFi sector appears to be driving usage of the controversial stablecoin.
$250 Million Newly Minted USDT Could Catalyze Bitcoin Bull?
Years later, when we look back to 2020, we might call it “The Year of Cryptocurrency,” for we get to not only experience the third halving of Bitcoin but also witness an unprecedented surge of …
Tether mints over a billion dollars worth of USDT
The latest development is that Tether treasury minted a billion USDT to unknown wallets, worth over a billion dollars in less than 24 hours, as seen on Whale Alert, an advanced blockchain tracker, and …
New York Attorney General to Bitfinex and Tether: ‘Delays Must Stop’
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.
Competitive Pit Bulls Play a Round of Tether Ball
I have 2 pit bulls, one boy named Zeus and a girl named Bella and they are always fighting over toys, especially balls. Well, Bella got upset when Zeus ran off with her tennis ball while playing …
Tether (USDT) Recovers 1 Million Wrongly Transferred to a Different User
Paolo Ardoino, the CTO of Tether, announced that the company had recovered 1 million USDT for one of its users. This loss resulted when the […] …
Tether is moving 1 billion more USDT coins from TRON to Ethereum blockchain
Stablecoin issuer Tether is set to move 1 billion more USDT coins, or around 7% of its total supply, from TRON to the Ethereum blockchain.The post Tether is moving 1 billion more USDT coins from TRON …
Paxful expands Beyond Bitcoin, adds Tether (USDT) to its platform
CNBC Africa is not responsible for the content provided by APO Group. Global peer-to-peer bitcoin marketplace, Paxful (www.Paxful.com), announced today the addition of Tether (USDT) to its platform.
Tether cryptocurrency emerges as money laundering fears rise
Tether is an emerging cryptocurrency issued by a Hong Kong company, Tether Limited, and it now has a larger presence than Bitcoin. Tether is also a stablecoin: a new type of cryptocurrency whose …
A by-the-minute look at Tether’s $1 billion swap from Bitfinex to Binance
The recent Tether burn seems to have involved a lot of trust between Binance and its counterparties. On August 20, a Tether swap worth $1 billion happened — it involved Binance, Bitfinex, and a major …
‘No Other Option but More Collateral’: The Short- (and Long-) Term Fixes for Dai’s Broken Peg
Stablecoin demand in yield farming is breaking dai’s peg. Solutions revolve around USDC and Maker’s version of QE, but will these measures last?
US sanctions former Lebanon government ministers for connections to Hezbollah
The US Department of the Treasury (USDT) sanctioned Tuesday two former Lebanese government ministers, claiming they conspired with Hezbollah against the people of Lebanon. The USDT has accused Yusuf …
3 reasons why the Bitcoin dominance metric is a flawed indicator
Bitcoin dominance rate is a metric cited by many when forecasting altcoin and BTC rallies but is the indicator reliable?
NY AG Asks Court for New Order to Make Bitfinex Turn Over Tether Loan Documents
The New York Attorney General’s office wants a strict deadline for Bitfinex and Tether to turn over details of a $900 million line of credit.
Huobi Launches Crypto Saving Products to Compete With DeFi Yield Farming
Huobi, the third-largest crypto exchange by derivatives trading volume, is now giving users a way to earn relatively attractive interest rates on a bitcoin or USDT savings account. The product, …
Tether mints 250,000,000 USDT
At the time this report was drafted, Tether traded at $1.00 with a daily trading volume of $41.44 billion. USDT price is down -0.2% in the last 24 hours. It has a circulating supp …
NYAG Asks Court for New Order to Make Bitfinex Turn Over Tether Loan Documents
The New York Attorney General’s office wants Tether and Bitfinex to immediately turn over documents detailing a $900 million line of credit.
1 Million USDT Nearly Lost to Simple User Error
An anonymous user mistakenly sent one million dollars worth of Tether (USDT) to the Swerve Finance governance contract.
First Mover: Buying Bitcoin’s Dip, Betting Against Tether and Weighing the Jobs Report
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.
Tether, Bitfinex File Motion to Dismiss Market Manipulation Lawsuit
Lawyers for Tether and iFinex – the parent firm of the Bitfinex exchange – filed a motion Thursday calling for a class action accusing them of deceptive, anti-competitive and market-manipulative …