Tether

Tether

Documents Suggest Tether Has Fiat Funds to Back Stablecoin: Report

Tether Ltd. may have the cash reserves to back up its 1.8 billion dollar-pegged tokens, says Bloomberg.

Business  ·  18 December 2018
Exchanges

Tether Says Customers Can Once Again Deposit and Redeem Fiat

Tether is again offering fiat redemption of its stablecoin USDT. Meanwhile, Bitfinex is now offering tether trading pairs with USD and EUR.

Markets  ·  27 November 2018
Bitcoin

Report: US Officials Are Probing Tether Role in Bitcoin Market Manipulation

The U.S. DOJ is reportedly probing Tether and Bitfinex over whether they artificially boosted bitcoin's price using the USDT stablecoin.

Policy & regulation  ·  20 November 2018
Markets

Stablecoin Purchases Surged Amid Wednesday’s Crypto Market Drop

The broader cryptocurrency market plummeted on Wednesday, but stablecoins in particular saw no shortage of buyers.

Markets  ·  17 November 2018
Tether

Bitfinex’s Parent Company Has a New Offshore Services Provider

iFinex, the parent company of Bitfinex, has parted ways with its old offshore services provider for a new firm.

Markets  ·  16 November 2018
Regulation

PwC Is Advising (Not Auditing) Another Stablecoin Project

PwC's Hong Kong division is exploring best practices for issuing stablecoins with non-profit Loopring Foundation. Auditing, though, is another matter.

Policy & regulation  ·  6 November 2018
Exchanges

Deltec Chairman Says Tether Letter on Bank Relationship Is ‘Authentic’

Last week's much-scrutinized letter, in which a Bahamas-based bank appeared to vouch for Tether's balance, has been confirmed as genuine by the bank.

Policy & regulation  ·  5 November 2018
Tether

Here’s What 3 Lawyers Have to Say About That Cryptic Tether Letter

The wisp of a signature on Deltec Bank's letter to Tether is the least of it. More important is the language around liability.

Business  ·  2 November 2018
Exchanges

Tether’s Price Has Stabilized, But the Stablecoin’s Supply Is Still Shrinking

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.

Tech  ·  31 October 2018
Tether

Crypto Wallet Maker Ledger to Expand Support for Stablecoins, Including Tether

Benjamin Soong, Ledger's newly hired head of Asia-Pacific operations, says tether remains popular in the region despite the token's recent troubles.

Business  ·  31 October 2018
Exchanges

The Race to Replace Tether (In 3 Charts)

Tether has had a difficult month, and rivals are eyeing its position as the top crypto "stablecoin." Here's how the contest plays out in the data.

Markets  ·  29 October 2018
Bitcoin

3 Common Mistakes New Crypto Traders Make

When it comes to trading in the crypto space, there are three mistakes new traders often make. Here's how to avoid them.

Markets  ·  28 October 2018
Tether

Tether Just Burned 500 Million USDT Stablecoin Tokens

Following massive transfers of its dollar-linked tokens into a company-controlled account, Tether has destroyed a large chunk of USDT supply.

Markets  ·  24 October 2018
Exchanges

CoinMarketCap Excludes Some Tether Data After Clarification by Bitfinex

A CoinDesk report regarding a misleading data point on CoinMarketCap has led to a change in the way tether trading volume is calculated.

Markets  ·  24 October 2018
Exchanges

Bitfinex Is Publishing Data for a Tether Market That Doesn’t Exist

Bitfinex's API is feeding data to CoinMarketCap on a USDT/USD trading pair that doesn't exist. So what does that $48 million in daily volume mean?

Markets  ·  23 October 2018