A former Bitfinex and Tether exec and crypto finance firm XBTO are launching a Bermuda-based clearinghouse for stablecoins.
Tether Limited, the issuer of controversial USD-pegged cryptocurrency stablecoin tether (USDT), has confirmed that it is banking in the Bahamas.
Rumors about stablecoin Tether not being fully backed by dollar reserves are looking increasingly thin, according to the latest bank statements, which show that USDT is fully backed by dollar reserves. 2.2 Billion in the Bank Purportedly, statements from four separate months, detailing the cash held in Tether’s accounts, confirm the Tether USDT stablecoin is fully backed by dollar reserves. Bloomberg reveals the latest statement showing that $2.2 billion was present in Tether’s account at Puerto Rico’s Noble
Tether, the issuer of the most popular stablecoin USDT, has opened verification for new users. In addition, the company's website says that users can now take advantage of the updated platform for the direct withdrawal of USDT tokens to fiat dollars.
Government prosecutors opened a large-scale investigation into the cryptocurrency industry, yet they are now focused on a confusing scheme involving bitcoin, Tether, and the associated Bitfinex exchange
Binance crypto exchange will add a stablecoin developed by the Circle blockchain startup to its listing.
Bitcoin Cash (BCH) has lost its position as the number five largest cryptocurrency. Marking 10 percent decrease over the past 24 hours alone, BCH is down with more than 40 percent on the month. Tether (USDT) Overtakes Bitcoin Cash (BCH) in Market Cap Stablecoin Tether (USDT), has overtaken Bitcoin Cash as the fifth largest cryptocurrency market...
Phillip Potter has joined the advisory board of a new stablecoin clearing house project.
Crypto exchange Bitfinex has introduced margin trading for stablecoin Tether, and plans to add support for other stablecoin pairings.
The rumors surrounding Tether and its USDT stablecoin continue to swirl with reports of fresh evidence proving reserves.
Popular stablecoin Tether resumed deposit and redemption of USDT to fiat, while affiliate firm Bitfinex added Tether-fiat trading pairs.
The U.S. DoJ has focused in on its investigation into whether or not Tether (USDT) was used to artificially inflate Bitcoin (BTC) prices during last year’s bull run.
The New Zealand dollar token (NZDT) is set to be re-released early next year after it was suspended by the New-Zealand based Cryptopia exchange in late 2017. Local media in New Zealand recently reported the New Zealand dollar token (NZDT) will be re-released in early 2019. The NZDT is the first virtual currency token to be tethered to the New Zealand dollar. It was originally launched in May 2017 after investors expressed a desire to have
With a roughly 10% increase to its market capitalization, Tether (USDT) has shifted to the #4 slot in the crypto market cap rankings.
Cryptocurrency exchange Bitfinex has announced it will support trading of USD denominated stablecoin Tether (USDT) against fiat USD from Friday. Bitfinex Hedging A Hedge The curious decision, which the exchange revealed in a blog post just hours before the pair went live, appears to be the first of its kind in the cryptocurrency industry. Each unit of USDT is notionally backed by 1 USD, and the stablecoin is designed to be used as a cryptographic
Tether Ltd. may have the cash reserves to back up its 1.8 billion dollar-pegged tokens, says Bloomberg.
Tether is again offering fiat redemption of its stablecoin USDT. Meanwhile, Bitfinex is now offering tether trading pairs with USD and EUR.
The U.S. DOJ is reportedly probing Tether and Bitfinex over whether they artificially boosted bitcoin's price using the USDT stablecoin.
CoinJar co-founder Asher Tan says the subject of stablecoins is beginning to gain prominence in the cryptocurrency narrative. Many stakeholders in the digital currency space believe stablecoins may be the next big thing in the industry. Stablecoins are the Future Stablecoins remain regular fixture in the cryptocurrency news circuit. From the controversy surrounding Tether (USDT) — the most popular of all the stable coins — to the launch of other variants, the subject is hardly
We are pleased to be able to confirm that Tether has an account with Deltec Bank & Trust Limited… twitter.com/i/web/status/1…
Traditional systems take time to adapt to the pioneering work taking place in this space. twitter.com/winklevoss/sta…
A Commentary on Tether - Chainalysis. tether.to/a-commentary-o…
For those interested in learning more about how the recent FSS transparency report was developed, Louis Freeh from… twitter.com/i/web/status/1…
It has come to our attention that a USDT airdrop is being promoted across Telegram and other social media. Tether… twitter.com/i/web/status/1…
Tether appoints former AML Quality Control Manager at Bank of Montreal as Chief Compliance Officer. tether.to/tether-appoint…
Yesterday's #USDT issue was related to the implementation logic of a specific exchange and not with either Tether o… twitter.com/i/web/status/1…
Earlier this year Tether engaged Freeh, Sporkin & Sullivan LLP to review bank account documentation & to perform an… twitter.com/i/web/status/1…
Tether Transparency Update: tether.to/fss-report-tra…
Tether now has support for Ethereum. Full announcement at: tether.to/?p=7889
Update: services are now being restored and we'd like to share additional information about the past month and what… twitter.com/i/web/status/9…
Update on Security Incident @Omni_Layer tether.to/update-on-secu…
Tether Critical Announcement @Omni_Layer tether.to/tether-critica…
Friedman LLP has provided an important memorandum on current and historical Tether balances. Always full reserves. tether.to/announcement-t…
@SpeedflyChris Each day USD₮ ready to be destroyed is reallocated to new deposits. This is listed as "authorized bu… twitter.com/i/web/status/9…
New #Tether announcements on audits, banking, technology updates and new currencies: tether.to/tether-update/