Tether | Amazing Crypto

A by-the-minute look at Tether’s $1 billion swap from Bitfinex to Binance

The recent Tether burn seems to have involved a lot of trust between Binance and its counterparties.

September 12, 2020

NYAG Asks Court for New Order to Make Bitfinex Turn Over Tether Loan Documents

The New York Attorney General’s office wants Tether and Bitfinex to immediately turn over documents detailing a $900 million line of credit.

September 8, 2020

Opium‌ ‌Protocol Allows Traders to Hedge or Bet Against the Stablecoin Tether’s Solvency

Cryptocurrency traders can now protect their tether tokens or bet against the solvency of the stablecoin by leveraging a new crypto derivatives product from the Opium Protocol. Opium founder, Andrey Belyakov, claims the product is the “first CDS (credit default swap) on a centralized stablecoin.” The stablecoin tether (USDT) is the most popular dollar-pegged token…

September 6, 2020

Market Update: Blood in the Crypto Streets, Bitcoin Miner Dumps, CME Gap, Defi Doldrums

The cryptocurrency economy slid significantly on Thursday afternoon (ET), as the aggregate market cap of all the crypto coins shaved more than 10% during yesterday’s trading sessions. More than 12 hours later, a number of the top crypto assets are still down in value between 4-12%, and some digital coins saw even bigger losses during…

September 4, 2020

First Mover: Buying Bitcoin’s Dip, Betting Against Tether and Weighing the Jobs Report

Crypto traders appeared to be buying the dip after Thursday’s 11% plunge. ALSO: There’s a contract for that: How to hedge Tether’s credit risk.

September 4, 2020

Tether, Bitfinex File Motion to Dismiss Market Manipulation Lawsuit

Lawyers for Tether and Bitfinex parent iFinex have said a class action accusing them of market manipulation relies on unfounded allegations.

September 4, 2020

New Crypto Derivatives Let You Bet on (or Against) Tether’s Solvency

Credit default swaps (of “The Big Short” infamy) have come to the Ethereum blockchain. Opium Exchange says they can help crypto investors manage risk.

September 3, 2020

FATF Compliance Effort Adds Huobi, Bitfinex and Tether to Governance Task Force

Shyft Network is adding Huobi, Bitfinex and Tether to its crypto-focused anti-money laundering platform as the sector ramps up FATF compliance efforts.

September 2, 2020

Ethereum Transaction Fees Set a Record Once Again as DeFi Becomes Even Pricier

Average Ethereum transaction fees reached $10.33 on Tuesday.

September 1, 2020

Tether surpasses XRP by market cap again

But XRP isn’t competing with Tether.

September 1, 2020

Category: Tether