Crypto exchange Bitfinex claimed Friday it repaid the remaining balance of a $550 million loan to its sister firm, Tether, the issuer of the tether… Read More »Bitfinex Says It Repaid Tether for $550M Loan at Center of NYAG Probe
Balances of dai (DAI) and USD coin (USDC) on exchanges reached new all-time highs in the past week, according to data from Glassnode. The increase… Read More »Bullish Sign for Crypto? USDC and Dai Balances on Exchanges Hit Record Highs
Bitcoin (BTC) was lower, though staying in its range over the past six days, between roughly $30,000 and $33,000. Cryptocurrency traders and analysts planned to… Read More »First Mover: Risks Nobody’s Ever Seen, From the Fed to Tether (and GameStop)
Stablecoins are a key cog in the cryptocurrency machine. The recent bull market has rekindled a long-simmering debate over whether the biggest such coin is,… Read More »Questions About Tether Just Won’t Go Away. Does the Crypto Market Care?
Tether, regulated or not? Newcomers to the crypto space are quickly confronted with a popular distinction between regulated stablecoins and unregulated stablecoins. But what is… Read More »What Tether Means When It Says It’s ‘Regulated’
Tether Ltd.’s Bahamas-based bank, Deltec, said on Friday that the company’s stablecoin is fully backed by reserves, downplaying resurgent fears about the cryptocurrency’s integrity. “Every… Read More »Tether’s Bank Deltec Says Stablecoin Is Fully Backed by Reserves
The number of tether transactions on the Tron blockchain have passed Ethereum’s count for three consecutive weeks as fees on the number two blockchain remain… Read More »Tether Use on Tron Passes Ethereum as Low Fees Attract Small Transactions
Bitfinex expects to finish turning documents over to the Office of the New York Attorney General (NYAG) in the coming weeks, a procedural hurdle that… Read More »Bitfinex Says It’s Nearly Done Turning Over Documents to NYAG
The publisher of the upcoming online space strategy game “Infinite Fleet” is providing a chance to buy into equity and share in future profits through… Read More »Publisher of ‘Infinite Fleet’ Game Kicks Off Token Offering With $1M Tether Investment
Bitcoin is in the red today, following yesterday evening’s announcement of President-elect Joe Biden’s $1.9 trillion stimulus plan. Top shelf Stakeholders stakeThe bitcoin exchange-traded product… Read More »Blockchain Bites: Coinbase Wants to Crowdsource Asset Listings; What’s Up With Tether’s Bank?
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… Read More »Tether’s Bank Says It Invests Customer Funds in Bitcoin
Tether printed 2 billion dollar-backed tokens last week, a new record for the leading stablecoin project. Over 24.6 billion tethers now circulate across Ethereum, Tron… Read More »Tether Mints Record 2B USDT in One Week