2022-7-26 13:13 |
While tether has passed the market's stress test with a return to normalcy, concerns about its reserves will linger, one trader said.
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Stablecoin issuer Tether has cut its commercial paper holdings to $8.5 billion, with a further reduction to $3.5 billion planned for the end of the month.
2022-7-1 17:34 | |
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Tether has been making several big moves lately despite recent concerns about the ripple effects of the Terra UST stablecoin collapse. Now the leading stablecoin has officially launched on yet another blockchain.
2022-6-10 01:29 | |
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The launch comes amid panic in the stablecoin market following the collapse of Terras UST. Tether Stablecoin USDT Heads to Polygon Despite ongoing concerns in the stablecoin market, Tether is...
2022-5-27 15:59 | |
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The market has serious concerns with regards to the so-called "stability" of much-talked-about stablecoins. With the market still trying to find a balance post the Terra debacle, Tether published a reThe post Tether and how it maintained 'stability through multiple black swan events' appeared first on AMBCrypto.
2022-5-23 19:30 | |
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Tether said over Twitter that the firm would work to cooperate with authorities to address stablecoin concerns and investor protection. The post Tether Bends to Lawmakers Around the World on Stablecoin Concerns appeared first on BeInCrypto.
2021-11-26 09:13 | |
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The settlement triggered concerns that the CFTC's role in stablecoin regulation could be misunderstood by the public.
2021-10-17 19:52 | |
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Bloomberg published an article on Thursday rehashing ongoing concerns about Tether and its 1:1 reserves. The post Tether (USDT) responds to allegations of missing billions. Calls it “old news” appeared first on CryptoSlate.
2021-10-9 22:00 | |
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Tether (USDT/USD) and Facebook’s Diem, formerly Libra, were the main topic in a recent private meeting that discussed the risks stablecoins pose to financial systems. A report citing people familiar with the matter disclosed this news on July 27, noting that the US Treasury Secretary, Janet Yellen, led the meeting, which comprised the President’s Working […] The post US financial regulators voice concerns over Tether and Facebook’s Diem appeared first on Invezz.
2021-7-29 16:34 | |
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Tether and Facebook-backed Diem were the primary topics in the U.S. meeting of regulators recently. According to reports, the meeting was held to address the financial risks posed by stablecoins. More Details About The Concern The President’s Working Group on Financial Markets and a team of watchdogs led by Janet Yellen raised their concerns, citingRead More
2021-7-29 15:00 | |
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Triggered by this week’s sell-offs, Jim Cramer expressed his concerns that Tether, as “the Achilles heel” of cryptocurrency, brings further risk exposure to markets. The post Jim Cramer calls Tether (USDT) the ‘Achilles heel’ of crypto while USDC gets auditor greenlight appeared first on CryptoSlate.
2021-7-22 04:00 | |
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Following the first USDC address blacklisting, concerns about increased regulatory scrutiny over stablecoins motivated Ethereum researchers to create tools to track blacklisted addresses across all major stablecoins, including Tether. Turns...
2020-7-11 23:24 | |
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It's been 4 months since COVID-19 emerged as a pandemic, with its effects now there for all to see with respect to both health concerns and financial losses. Following the outbreak, the global econThe post Tether has low daily returns, but is it even supposed to be high? appeared first on AMBCrypto.
2020-5-14 20:30 | |
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One breed of coins that came out a winner following the Black Thursday crash was the stablecoin market. The world's most popular stablecoin, Tether's market cap rose as Bitcoin's own market cap dwindlThe post Tether: 115 addresses controlling 56% of total supply fuels centralization, manipulation concerns appeared first on AMBCrypto.
2020-5-5 19:30 | |
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As trading activity in the cryptocurrency space drops, many are selling for USDT. However, there are concerns exchanges may not be honest with their balance sheets. Tether (USDT) remains controversial in the cryptocurrency space.
2020-4-1 17:15 | |
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The Tether Treasury minted another 120 million USDT on Wednesday, adding more fuel to the growing concerns about whether or not the controversial stablecoin is actually backed by the correct amount of USD.
2020-3-26 10:17 | |
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Tether, the stablecoin with the industry’s largest market cap and volume, has had its fair share of controversies this year. However, despite these concerns and the regulatory hurdles Tether is facing right now, countries like China are recording massive crypto-activity with regards to Tether.
2019-10-16 15:30 | |
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A common attack against Tether in the crypto ecosystem is that the stablecoin isn’t really backed one-to-one by the U. S. dollar. We might soon get to know if these concerns are substantial, as the matter is now going to court.
2019-10-9 01:40 | |
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Many different aspects can hinder the growth of a cryptocurrency project. In Etheruem’s case, the concerns primarily revolve around utilizing the network capacity. Statistics provided by Etherscan confirm the network is close to reaching its limit.
2019-8-28 01:30 | |
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Every project active in the cryptocurrency and blockchain industry will be scrutinized sooner or later. In the case of Tether, there has been a fair amount of scrutiny at virtually every turn. Especially now that everyone’s favorite – or most-hated – stablecoin is migrating to even more blockchains, significant concerns have arisen.
2019-8-3 03:30 | |
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TD Ameritrade interviewed Kraken’s Jesse Powell over concerns about large amounts of Tether coming into the market. Tether Influx Usually Indicates Fiat Entering Bitcoin Market The latest surge in #bitcoin has been accompanied by big volume in #tether.
2019-7-2 17:00 | |
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Bitcoin’s price jumped from $10k to $11k within a few hours and the entire market has been preparing for the coin to hit $20k next. However, the activities behind the pump of the king coin have raised concerns for investors and the crypto community.
2019-6-23 14:00 | |
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In the past month, more than 400 million USDT flowed into the markets from the OMNI layer, while the Ethereum-based USDT supply also expanded slightly.
2019-6-7 11:01 | |
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Analysis from Binance Research shows that stablecoins are dominating market share and volume. As of 1st May 2019, on the Binance platform, stablecoins accounted for 61% of all crypto volume. This compares with just over 36% at the same time last year.
2019-6-3 19:49 | |
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Whale Alert Informs Tether Treasury Performs ~$10 Million Transaction To An Unknown Wallet According to the Twitter account Whale Alert, which informs about large blockchain transactions, Tether’s (USDT) Treasury moved 9,890,100 USDT, worth close to the same amount in USD, to an unknown wallet.
2019-5-21 22:40 | |
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In the latest on the ongoing legal dispute between the New York Attorney General (NYAG), cryptocurrency exchange Bitfinex and stablecoin issuer Tether, the New York Supreme Court has modified an April 24, 2019, preliminary injunction and now Bitfinex is allowed to continue using the Tether reserves that were loaned to it to maintain its ordinary course of business, such as paying employees and consultants.
2019-5-18 22:14 | |
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Embattled cryptocurrency exchange Bitfinex raised $1 billion in 10 days with an initial exchange offering (IEO), money it hopes will alleviate concerns of its financial stability. Bitfinex CTO Paolo Ardoino tweeted Monday that private firms, both inside the cryptocurrency sector and out, had contributed more than $100 million each throughout the fundraising.
2019-5-14 16:09 | |
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Bitfinex and the New York Attorney General’s (NYAG) legal sparring in relation to $850 million in missing funds escalated with another round of court filings this past weekend.
2019-5-7 01:42 | |
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Skies are falling again, at least if you read crypto media. The latest chapter of the Bitfinex drama has many traders worried, and caused USDT to briefly slip beneath the dollar. Although there’s no question that the legal troubles surrounding iFinex are serious, concerns of a billion-dollar bank run causing a market-wide meltdown may be […] The post Is Tether Headed For More Trouble? appeared first on Crypto Briefing.
2019-5-6 23:13 | |
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Crypto markets shook off fresh Tether and Bitfinex concerns to enjoy a primarily positive week of trading. Bitcoin lead markets with near double-digit gains and continues to show signs of medium-term bullishness.
2019-5-6 16:00 | |
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By CCN. com: Still mired in controversy over that $850 million loss, the powers at be at Bitfinex have come up with an idea to replace the funds and it’s raising eyebrows for a bounty of reasons. Bitfinex’s solution to try to make whole those who were burned in the hack that led to the losses is to issue more tokens.
2019-5-6 11:11 | |
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Bitfinex and Tether’s legal counsel has written a response to the New York Attorney General’s (NYAG) ex parte order, which claims that Bitifinex used Tether’s reserves to cover some $850 million in losses.
2019-5-1 01:22 | |
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What many thought would never happen did on Thursday. Just days after Tether Limited, the company behind the USDT stablecoin, minted $300 million worth of its crypto asset, reports revealed that its operator, iFinex, may be on thin ice.
2019-4-28 00:00 | |
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The crypto community was once again shaken earlier this week when news broke regarding the New York Attorney General’s (NYAG) office pursuing further investigative action into the controversial stable coin Tether and related crypto exchange Bitfinex.
2019-4-28 22:30 | |
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The Bitcoin bull and bear market cycles are a pattern that produces significant developments — when the market is cold, people tend to focus on building the next wave of groundbreaking technology.
2019-3-29 16:26 | |
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Cryptocurrency community members are speculating that Tether is not being openly transparent about its reserves after changes to its website.
2019-3-24 21:54 | |
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Popular stablecoin Tether has updated its Terms of Service (TOS) on February 26th, once again raising questions over its dollar peg. No One Does it Better Than Tether Tether has regularly come under suspicion over its claims that it’s 1-to-1 backed by the US Dollar and that it has been used to manipulate Bitcoin prices.
2019-3-16 22:00 | |
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Stablecoins have been a point of contention in recent months especially for Bitfinex and its Tether auditing fiasco. In order to alleviate some of the concerns the crypto exchange has announced that it will list a further four stablecoins.
2018-12-5 14:00 | |
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Circle’s USD Coin (USDC) has released an independent, third-party attestation of its bank account, and according to a top 5 public accounting firm, the stablecoin has its funds in order.
2018-11-22 22:05 | |
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Despite growing exchange and stablecoin competition, Bitfinex and USDT continue to represent a substantial portion of all cryptocurrency markets.
2018-10-23 14:00 | |
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Tether (USDT) is a stable coin. Stable coins have been lauded as the holy grail of crypto and the only avenue for the space to expand because of its ability to shield investors from volatility. Aside from regulatory concerns, Bitcoin and altcoin volatility is one of the reasons why the space is still considered “risky”.
2018-10-19 15:04 | |
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Tether Attempts to Calm Instability Concerns Tether recently released a statement attempting to calm the market concerning the seeming instability of its coin in the past 36 hours. The statement, made by Tether’s Leonardo Real, was: “Tether is the leading provider of tokenized fiat currencies and is listed on many exchanges worldwide. We would like […]
2018-10-16 19:18 | |
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Owing to growing concerns of Tether's suspicious operations, cryptocurrency exchanges are considering to adopt other secure stablecoin offerings. The post OKEx Cryptocurrency Exchange Adds Support for Four USD-Pegged Stablecoins appeared first on CoinSpeaker.
2018-10-16 22:21 | |
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Tether ‘Bank Run’ Concerns Fuels Crypto Boom Crypto investors were in for a shock on Monday morning, as Bitcoin temporarily popped above $7,000, while crypto assets somehow posted 7%+ gains, amid a growing fear that the Tether Foundation didn’t have the U.
2018-10-16 20:18 | |
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USD-backed stablecoin Tether (USDT) fell below $0. 90 on Bitfinex as concerns over its reserves forced traders to buy Bitcoin and other digital assets. Tether Drops 5 Percent While Major Assets Jump Data from Coinmarketcap shows a sudden fall in USDT , countered by a 5 percent rise in the price of Bitcoin (BTC) , coinciding with news that exchange Bitfinex would resolve its ongoing fiat deposit freeze by Tuesday.
2018-10-15 12:30 | |
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The Bitcoin cold wallet of Bitfinex loses another 3,000 BTC as banking woes hit the exchange again.
2018-10-12 12:19 | |
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Leading stablecoin cryptocurrency Tether and cryptocurrency exchange Bitfinex have decided to leave their long term financial services provider, the Puerto Rico based Noble Bank and are considering working with another service provider.
2018-10-3 12:06 | |
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Stablecoins have garnered serious investor attention over the past few weeks. Unlike bitcoin and similar cryptocurrencies, they are digital assets built to lessen price volatility and are often paired against the U.
2018-9-29 01:06 | |
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Cryptocurrency exchange DigiFinex on Friday replaced Tether (CRYPTO: USDT) with TrustToken’s stablecoin called TrueUSD (CRYPTO: TUSD). DigiFinex said on its website that it had concerns about the existence of U.
2018-9-16 21:30 | |
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Cryptocurrency exchange DigiFinex on Friday replaced Tether (CRYPTO: USDT) with TrustToken’s stablecoin called TrueUSD (CRYPTO: TUSD). DigiFinex said on its website that it had concerns about the existence of U.
2018-9-17 21:30 | |
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Robinhood expects highest quarterly revenue in nearly 3 years amid market rebound, driven by equity and crypto trading. The post Robinhood expects highest quarterly revenue since meme stock frenzy — Reuters appeared first on Crypto Briefing.
Binance has announced its integration with the dYdX Chain mainnet. Deposits for DYDX are open, while support for withdrawals will go live once there’s sufficient volume. Binance users can now directly deposit or withdraw dYdX (DYDX) tokens.
Revolut has launched Revolut X, a new crypto exchange platform for pro traders. The exchange will initially only be availabe to UK users. Revolut’s new crypto trading platform Revolut X is now live, the fintech company announced on Tuesday.
Kenya partners with Marathon Digital for crypto regime advice, a notable change from its central bank's previous warnings. The post Kenya taps US Bitcoin mining giant Marathon Digital for crypto regime and mining consultation appeared first on Crypto Briefing.
A new Visa study finds over 90% of stablecoin transaction volumes are from bots and large-scale traders, not genuine users, suggesting stablecoins are still far from mainstream adoption. The post Visa reveals 90% of stablecoin transactions come from bots and big traders appeared first on Crypto Briefing.
A new Visa study finds over 90% of stablecoin transaction volumes are from bots and large-scale traders, not genuine users, suggesting stablecoins are still far from mainstream adoption. The post Visa study reveals 90% of stablecoin transactions are done by bots and large-scale traders appeared first on Crypto Briefing.
Both equities and gold have been trading lower since reaching highs in mid-April, the report said.