Category: Tether
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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.
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Bitfinex CTO: Tether Is Registered and Regulated Under FinCEN- USDT Not Next Target of the US SEC
The CTO at Bitfinex Paolo Ardoino has pushed back against rumours that the company’s Tether stablecoin may be the next target of the U.S. Securities and Exchange Commission (SEC). The Bitfinex executive insists that the Tether stablecoin, whose market capitalization has now surpassed $20 billion, is a properly registered and regulated crypto. The Alleged Misinformation…
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What Are Stablecoins?
A stablecoin is a type of cryptocurrency whose value is tied to an outside asset, such as the U.S. dollar or gold, to stabilize the price.
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XRP Crash Burns Other Crypto Asset Values, BTC Price Remains Unscathed
Digital currency markets have seen some volatile action this week and during the last 24 hours following the XRP charges, a number of coins shed a great deal of value. At the time of publication, the entire crypto-economy is valued at $629 billion and because XRP lost so much value, bitcoin’s dominance index has risen…
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‘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.
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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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‘Shameless’ season premiere name drops Bitcoin and other crypto
Too bad the brief crypto-related conversation was largely nonsensical.
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Trading Exchange Okex’s Crypto Reserves Nosedived After Withdrawals Opened
Just recently, after the exchange paused cryptocurrency withdrawals, the trading platform Okex finally enabled digital currency withdrawals last Wednesday. Since then, the exchange seems to be experiencing an exodus of funds leaving, as onchain data shows Okex’s crypto-asset reserves like bitcoin, ethereum and tether have depleted considerably during the last ten days. Over the years…
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OKEx’s Trading Volumes and Tether Reserve Plunge on Possible User Exodus
A sharp drop in OKEx’s trading volume and stablecoin reserves – tether in particular – may reveal an ongoing exodus of its users after the popular crypto derivatives exchange unexpectedly halted all crypto withdrawal activities for about five weeks.
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Tether’s market cap is growing at a near-record pace
The market cap of USDT swelled by 1 billion over nine days.