A female trader is reportedly the latest victim of robbers who stole her HKD 3.5 million ($451,000) worth in tether (USDT) tokens.
New York’s investigation of cryptocurrency Tether hits fresh delay
New York’s investigation into the Tether cryptocurrency and its parent company has suffered a fresh delay, leaving investors uncertain over the outlook for one of the industrys …
Tether and Bitfinex seek further 30 days to produce critical trial documents
Tether and Bitfinex have pushed back the commencement of their upcoming trial date by another 30 days after failing to produce necessary documents in time.
Binance Shares More Ways to Earn Returns on Digital Assets like Bitcoin, Ethereum, Binance Coin, Tether (USDT)
Leading crypto exchange Binance has shared many ways people can potentially make money with digital currencies. It’s possible to earn Bitcoin (BTC) and other virtual currencies with Binance Earn.
Bitcoin jumps to $37,092 with 0.55pc gain
Bitcoin (BTC) prices jumped to $37,092 after gaining 0.55 percent at 1505 GMT on Tuesday. With this increase, the market capitalisation of the BTC has jumped to $689 billion. On the other hand, …
Gang Steals $450,000 During Crypto Trade-Turned-Heist
A Hong Kong woman lost HK$3.5 million when an OTC crypto purchase went awry. This is the second such heist in as many weeks. Buying …
Infinite Fleet publisher launches STO led by $1M investment from Tether
Exordium, the publisher of the upcoming sci-fi strategy game Infinite Fleet, has announced a public security token offering, or STO, on the STOKR platform, starting Jan. 18. The $8 million sale to …
Armed Thieves Rob Crypto Trader of $450K Cash and USDT Tokens
For so long, global cryptocurrency crime involved hacking an exchange or floating a Ponzi operation. It seems some crooks have resorted to physical theft and […] …
The Overregulation of Stablecoins
The total value of stable coins surpassed $30 bn reflecting the high institutional & retail demand in unstable times, but are stablecoins overregulated?
Gang snatches HK$3.5 million from Hong Kong cryptocurrency trader at knifepoint after she transfers digital tokens to ‘buyer’
“Investigations showed she was paid HK$3.5 million in cash after using her iPhone to complete an online transaction and sell him USDT tokens,” a police source said, referring to a type of …
Lynchpin rolls out two trading competitions on BigONE exchange
Lynchpin has launched two trading competitions for the holders of its LYN token and the crypto community as a whole. The Lynchpin team unveiled this news, noting that the campaigns will reward …
Publisher of ‘Infinite Fleet’ Game Kicks Off Token Offering With $1M Tether Investment
Luxembourg-based Exordium has commenced its token offering round for select European countries via digital marketplace STOKR.
Tether’s Bank Says It Invests Some Customer Funds in Bitcoin
Deltec Bank & Trust, Tether’s bank, announced it had invested customer funds in bitcoin since the cryptocurrency’s price was around $9,300.
Blockchain Bites: Coinbase Wants to Crowdsource Asset Listings; What’s Up With Tether’s Bank?
CoinDesk’s Muyao Shen covers the market maneuver. It’s been a while since we last covered Tether here, but a recent headline related to the bank where the stablecoin issuer parks its funds is as good …
Tether awaits clarification on the ongoing case against the New York Attorney General
Tether (USDT) has been subject of numerous rumors of fraud and other accusations. Back in April 2019, Bitfinex was accused of using Tether to cover $850 million of lost funds. In April 2019, the …
Tether’s Bank Says It Invests Customer Funds in Bitcoin
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 …
Tether’s Banking Partner Deltec Reveals Investment in Bitcoin
Bahamas-based lender, Deltec, known for offering banking services to stablecoin issuer Tether, revealed on Thursday about its investment of customers’ funds into Bitcoin.
Bitfinex Executives Deny Allegations of Issuing USDT to Pump BTC – “Tether Backed by Cash Assets and a Loan”
Bitfinex general counsel Stuart Hoegner has dismissed the notion that only 74% of the tether stablecoin in circulation is fully backed. Hoegner insists that all USDT tokens are fully backed by assets …
Is Tether Just a Scam to Enrich Bitcoin Investors?
A widely used cryptocurrency can’t escape investigation and controversy—and it may be fueling another coin bubble.
The Issuer of Tether (USDT) May Get Audited in 2021
In a podcast hosted by Peter McCormack, Stuart Hoegner, the General Counsel of Bitfinex—an exchange closely related with Tether Limited, revealed that the official issuer of the USDT stablecoin, …
Hermez Adds USDT to Layer 2 Ethereum as ZK-Rollups Take Off
Hermez, an Eth Layer-2 solution, is adding Tether (USDT) support to their network. Hermez uses zkRollups to speed up transactions.