Crypto exchanges are shedding tethers by the million, and millions of USDT are ending up at Bitfinex. From there, they are taken out of circulation.
Following massive transfers of its dollar-linked tokens into a company-controlled account, Tether has destroyed a large chunk of USDT supply.
A CoinDesk report regarding a misleading data point on CoinMarketCap has led to a change in the way tether trading volume is calculated.
Since tether lost parity with the U.S. dollar, its supply has dropped by a quarter as tokens flow back to the issuing company's "treasury" wallet.
Cryptocurrency exchange Bitfinex says it has rolled out a new process for depositing fiat currency after it halted the service last week.
Bitfinex says fiat and cryptocurrency withdrawals are working normally, but some users say they're seeing delays in getting their funds out.
Bitfinex has hit back against claims it is insolvent, disclosing wallet addresses appearing to show it holds over $1.5 billion in crypto assets.
Crypto exchange Bitfinex's chief strategy officer Phil Potter is leaving the firm, Reuters reported Friday.
Tether has finally produced a third-party report proclaiming that its cryptocurrency, USDT, is fully backed by U.S. dollars – with some big caveats.
A new study by the University of Texas at Austin claims that the Tether stablecoin is used to increase bitcoin's price during market downswings.
The top U.S. futures regulator has denied a FOIA request related to cryptocurrency exchange Bitfinex and the closely-linked 'stablecoin' operator Tether.
Twitter's blue check mark verification system is falling under the pressure of the complicated crypto world.
New York's attorney general is taking a closer look at some of the most well-known cryptocurrency exchanges.
Bitfinex is pushing back against reports that Polish authorities froze $400 million of its funds.
Blogger Bitfinex'd hires lawyer Stephen Palley, who says that if he finds Bitfinex is behind threats against his client, "there will be consequences."