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Category: Tether

January 20, 2021

Tether and Bitfinex seek further 30 days to produce critical trial documents

iFinex Inc needs another 30 days to produce trial documents for the New York Attorney General.…
January 19, 2021

New ‘market fear’ index lets traders bet on crypto volatility

COTI’s new Crypto Volatility Index allows traders to profit from highly-volatile cryptocurrency markets. COTI, a blockchain-powered fintech startup, has launched a new cryptocurrency index enabling traders to profit from the market volatility.The…
January 11, 2021

Ethereum layer-two network to offer batched Tether payments

Hermez, an Ethereum scaling solution, has partnered with Tether to offer cheaper Tether transactions via zero-knowledge rollups.…
December 31, 2020

Relax, Tether won’t be targeted by SEC, says Bitfinex CTO

Paolo Ardoino says Tether hasn't done anything to warrant any additional investigations from the SEC. Paolo Ardoino, the outspoken chief technology officer of Bitfinex, took to Twitter this week to dispel concerns that Tether could be the next target of the United States Securities and Exchange Commission. …
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December 18, 2020

‘BAM!’ Tether celebrates as USDT market cap passes $20 billion

A record high for the largest stablecoin comes as Bitcoin cools around its own highest-ever levels.…
December 10, 2020

NY Attorney General expects documents within weeks in Bitfinex/Tether case

The New York Attorney General’s Office has reported that Ifinex is cooperating in producing documents regarding Bitfinex and Tether’s business relations from April 2019.…
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December 7, 2020

‘Shameless’ season premiere name drops Bitcoin and other crypto

Too bad the brief crypto-related conversation was largely nonsensical. A number of TV shows have mentioned Bitcoin (BTC) or other cryptocurrencies over the years, including Big Bang Theory in 2017 and The Simpsons in 2020.…
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November 27, 2020

Tether’s market cap is growing at a near-record pace

The market cap of USDT swelled by 1 billion over nine days. The market cap of Tether (USDT), a U.S.…
November 13, 2020

Privacy should be at the core of CBDCs, says Boston Fed research director

Privacy should be a key talking point from the beginning of CBDC development. Robert Bench, the Federal Reserve Bank of Boston’s director of applied research, thinks privacy should be a focus during the creation of digital money, not an afterthought. …
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November 11, 2020

Bitfinex to compete with DeFi with new borrowing service

Customers can now borrow money from crypto exchange Bitfinex. Amid a year of significant growth for the decentralized finance space within the crypto industry, British Virgin Islands-based crypto exchange Bitfinex has unveiled its new lending service today, called Bitfinex Borrow. …
November 9, 2020

DragonEx resumes withdrawals with a temporary internal token mechanism

DragonEx is introducing a new withdrawal method in an effort to save its business. Cryptocurrency exchange DragonEx is introducing a stopgap measure to reintroduce withdrawals after some problems last month. …
November 6, 2020

Tether market cap surpasses $17 billion, fueling Bitcoin price rally

Bitcoin’s new highs come amid lots of new money pouring in via stablecoins. According to Tether’s official transparency data, the USDT market cap crossed a $17 billion mark for the first time, hitting over $17 billion in total assets.Tether’s…

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