Tether Opens Bank Account with Caribbean Deltec Bank
Tether Limited, the issuer of stablecoin Tether (USDT) wholly-owned by Bitfinex, has opened a bank account with Bahamas-based Deltec Bank. The ...
Tag: tether
Tether Burns Half a Billion USDT Coins in an Act of Redemption
In their recent blog post, Tether, the parent company of a USDT stablecoin, announced a token burn that will permanently ...
Report: Unrest Over Tether Instability Causing Outflow into Bitcoin
As fear, uncertainty, and doubt (FUD) surrounding leading stablecoin cryptocurrency Tether mounts, capital has begun to flow out of Tether ...
Coinbase to List Competitor-Backed Stablecoin Amidst Growing Interest
Coinbase will reportedly list a stablecoin initially backed by one of its closest competitors after joining the consortium behind the ...
Long-Time Critic Explains Why Bitfinex is Unable to Work With Banks
Bitfinex’ed, a long-time critic of Bitfinex and Tether LLC, a company that oversees the development of stablecoin Tether (USDT), has ...
Crypto Trade Volume Doubles Overnight, Have The Bears Run Out Of Steam?
After a seemingly endless cycle of non-action, the crypto market finally saw a spark of life on Monday, as fears ...
This May Be the End of Bitfinex, One of the Biggest Exchanges in Crypto
After last week's price drop, investors have become optimistic in the positive short-term trend of crypto. The new bull run ...
Peer Stablecoins are Showing 10% Premium against a Weak Tether
A mass exodus from the most popular dollar-pegged stablecoin Tether (USDT) has led to its devaluation against peer stablecoins. USDT ...
Tether Forces Bitcoin to Achieve $7,500, Crypto Market Adds $20 Billion
The crypto market and Bitcoin investors were in for a shock on Monday morning, as Tether, a self-proclaimed "stablecoin," fell ...
Japan’s GMO Internet Group Announces Yen-Backed Stablecoin
Japanese internet giant GMO has just announced plans to launch a new stablecoin backed by the Yen. The new coin ...
The Stable Coin Frenzy Continues, Met with Criticism from Experts
One of the most popular cryptocurrency products being released in 2018 are stable coins, which widely market themselves as having ...
Circle Launches New “Trustworthy” Stablecoin, Could This Be the Tether Killer?
Boston-based Circle Internet Financial Ltd., creator of the popular retail crypto trading app Circle Invest, has announced that it’s following ...
Study: Cryptocurrency Trading Volume Likely to Grow by 50%+ in 2019
A recently conducted study has found that despite a persisting bear market in 2018, the cryptocurrency markets will still likely ...
Chinese Investment Group to Raise Funds for Japanese Stable Coin
Grandshores Technology Group, a Hong Kong-based public blockchain investment company, is planning to raise $12.7 million through a digital token ...
Four Major Cryptocurrency Exchanges Lead Funding Round in New Stable Coin
Four of the largest global cryptocurrency exchanges are leading an investment round in a new e-commerce-based stable coin. The investments ...
Tether (USDT) Hires Bank of Montreal Executive, Improvement in Transparency and Compliance
The primary provider of fiat backed digital tokens, Tether, has brought on a Leonardo Real, the former AML quality control manager ...
Crypto Exchange Cobinhood Launch Fiat Trading with US Dollar
Crypto exchange Cobinhood has announced today it is supporting fiat trading starting with the U.S. dollar from July 20. The ...
Tether has $3 Billion Daily Volume 76% Higher Than Ethereum, Bad Market Condition
Tether, better known for its ticker USDT, is a cryptocurrency whose value is hedged to that of the US dollar. ...
Growing Rumours Speculate About Bitfinex’s Link with Puerto Rico’s Noble Bank
Additional evidence is emerging to link the mysterious cryptocurrency exchange Bitfinex to the island of Puerto Rico. According to 'people ...
Tether Has Primary Reserve Bank In Puerto Rico, Says BitMEX
BitMEX, Bitcoin Mercantile Exchange, found further evidence supporting speculation that Noble Bank, a full-reserve bank based in Puerto Rico, is ...
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