tether

Bitfinex entered into partnership with a token backed fiat currency system, dubbed Tether.

Tether Plans to Launch New Stablecoin ‘CNHT’, Pegged to Offshore Chinese Yuan
August 21st, 2019

At the wake of an increased patronage for stablecoins, Tether adds yet another stablecoin to its repository, unveiling that this new ‘CNHT’ stablecoin would be tied to the offshore Chinese Yuan.

Bitcoin Price Rose 3% as NY Supreme Court Denies Bitfinex’s Lack-of-Jurisdiction Claim
August 20th, 2019

The New York Supreme Court ruled that the matter between the state’s Attorney General and iFinex, the parent company of the exchange Bitfinex, may continue.

Coinbase Participates in $4.3 Million Funding Round of Crypto Derivatives Platform Blade
August 13th, 2019

Crypto derivatives platform Blade will allow users to trade its perpetual swap contracts in Bitcoin and altcoins with up to 150x leverage. Coinbase, as well as other giants, took part in this funding round.

80% of Tether Supply is Held in Just Around 300 Addresses
August 8th, 2019

The latest reports reveal that just 318 Tether whales control over 80% of its circulating supply with each of them holding at least $1 million worth of USDT tokens making the market vulnerable to manipulation.

Tether Launches on Blockstream’s Sidechain the Liquid Network
July 30th, 2019

In a bid to provision digital currency traders with an ample means to manage all of their assets from a single wallet, an upgraded version of the number one stablecoin – Tether, would be launched on Blockstream’s Liquid Sidechain Network.

CFTC Investigates Crypto Exchange BitMEX Over Client Trades
July 19th, 2019

The U.S. Commodity Futures Trading Commission (CFTC) is reportedly probing crypto derivatives exchange BitMEX to determine whether it broke rules by allowing U.S. traders on its platform.

Binance Fixes the Circulating Supply for Binance Coin, BNB Price Shoots 5%
July 19th, 2019

The anomaly with the circulating supply of Binance Coin caused a massive $1.5 billion drop in its market cap this week. Binance assures that it has resolved the problem and BNB is back on track.

Following Omni, Ethereum, Tron and EOS, Tether Launches Algorand-based USDT
July 17th, 2019

Tether has just announced the launch of its USDT on the Algorand blockchain. This addition makes it the fifth blockchain to support the stablecoin after Omni, Ethereum, Tron and EOS.

Tether Accidentally Minted 5 Billions Worth of USDT
July 15th, 2019

The Whale Alert Twitter account caught a $5B Tether print run. Tether and Bitfinex CTO Paolo Ardoino confirmed that this was a mistake and that the surplus USDT had been destroyed. Nevertheless, Bitcoin price started to depreciate.

Binance Officially Launches its Margin Trading Platform
July 11th, 2019

Binance users are now able to trade some cryptos on margin, using the exchange’s newly launched trading platform. The new service is paired with the existing cryptocurrency exchange under one platform, labeled Binance 2.0.