tether

Stablecoins ‘Flip’ Ethereum’s Native Currency in Transfer Value

A greater share of value is being transferred via stablecoins over the ethereum network than its own native cryptocurrency.

Tether Says Its Newest Stablecoin Is Backed by Gold in Swiss Vault

Tether is issuing a new stablecoin as ERC-20 and TRC20 tokens, backing their price with one ounce of gold.

Pornhub Now Lets Models Get Paid With the Tether Stablecoin

Pornhub has added new performer payment options including the tether (USDT) stablecoin, two months after being apparently dropped by PayPal.

Plaintiffs Move to Combine Their Market-Manipulation Lawsuits Against Bitfinex and Tether

Three class action lawsuits alleging Bitfinex and Tether manipulated the bitcoin market are moving to consolidate, with the stablecoin issuer promising to fight the claims.

Suit Alleging Tether and Bitfinex Manipulated Bitcoin Market Has Been Revised

A class-action that alleged Tether and Bitfinex manipulated the bitcoin market has been withdrawn by the plaintiffs.

Crypto Trading Privacy Gets a Boost as $15M of Tether Moves to Liquid Sidechain

Innocuous at first glance, the transfer of $15 million worth of USDT from ethereum to Liquid has big implications for the tether market and digital asset trading more broadly.

CORRECTED: Bitcoin Price Jumps $200 in One Hour

Bitcoin's price jumped $200 in an hour and a half on Monday, rising to a 30-day high of $7,800.
What we got right (and wrong) about crypto in 2019

What we got right (and wrong) about crypto in 2019

From the nonexistent bitcoin ETF to ethereum's shaky upgrades, we gave ourselves a passing grade. However, on Libra and decentralized social media, we could've done better.

New York Attorney General Calls Bitfinex’s Legal Stance ‘Deeply Perverse’ in New Filing

In a sharply worded brief, the New York Attorney General's Office has criticized the exchange's tactics in its case involving the Tether stablecoin's backing.

MARKETS DAILY: Casualties Ahead in the Cryptocurrency Mining Arms Race

On another down day, we're talking U.S. warnings on digital assets, a brief history of troubled but systemically important stablecoin "Tether", and a look at the arms-race in blockchain mining

Another Class Lawsuit Claims Bitfinex, Tether Manipulated Bitcoin Market

Crypto exchange Bitfinex and its sister firm, stablecoin issuer Tether, have again been accused of working to manipulate the bitcoin markets. Bitfinex has called the suit "mercenary and baseless."

Tether to File Motion to Dismiss Class Action Lawsuit Based on NYAG Claims

The company claims that plaintiffs cannot prove Tether transactions caused bitcoin’s surge or that damages were incurred.

Tether Says Its Stablecoin Is ‘Fully Backed’ Again

Tether says its USDT stablecoin is "fully backed by reserves," after reporting in April its token was only 74% backed.

OKEx Launches Crypto Futures Settled in Tether Stablecoin

The crypto exchange will soon offer futures contract trading for a number of crypto pairs including BTC, ETH, BCH and XRP.

Binance Hikes Leverage to 125x for Launch of Bitcoin-Tether Futures

Binance’s futures exchange is raising leverage to 125x with the launch of BTC/USDT contracts today.

Bitfinex Doesn’t Have to Compile Documents During Appeal, Judge Says

A New York judge has rejected the state attorney general's request to have Bitfinex and Tether compile documents about a loan during an ongoing appeal.

Crypto Traders’ Lawsuit Claims Bitfinex, Tether Cost Market Over $1 Trillion

Bitfinex and sister company Tether caused more than $1 trillion in damages to the crypto market, a new lawsuit claims.

NYAG to Court: Don’t Let Bitfinex Keep Stonewalling Our Investigation

Bitfinex may be enjoying a break from having to give documents to investigators, but it should be preparing for when the reprieve ends, the NYAG said.

Why Ethereum Briefly Overtook Bitcoin in Daily Transaction Fees

Ethereum transaction fees are back on the rise and they're gaining parity with those of bitcoin. Here's why.

Bitfinex Can Stop Turning Over Documents to NYAG, Court Rules

A division of the New York Supreme Court has ruled Bitfinex can stop turning over documents to state investigators.