Tether’s Q3 attestation reveals highest percentage of cash and cash equivalents ever

In an Oct. 31 post, Tether Holdings Limited shared its assurance opinion for Q3 2023, which reaffirmed the accuracy of Tether’s reserves report.

265 +

Tether Q3 attestation report reveals highest-ever levels of cash and cash equivalents

Tether Holdings Limited, the company behind the world’s largest stablecoin (USD Tether), has released its Q3 attestation, a financial report independently verified by BDO, a globally recognized accounting firm.

274 +

Tether discloses full reserve breakdown for the first time

Cash, cash equivalents, other short-term deposits and commercial paper make up 75.85% of Tether’s proven reserves as of March 31.

107 +

Tether Scandal Sparks Bitcoin Price Gains; Litecoin, Bitcoin Cash Up 4%-11%

By CCN. com: The bitcoin price has increased from $5,173 to $5,297 on major regulated crypto exchanges including Coinbase in the past 24 hours, by 2. 3 percent. Major crypto assets such as Litecoin and Bitcoin Cash spiked by 4 to 11 percent against the U.

216 +

Controversial stablecoin Tether is only 74 percent backed by cash (and other assets)

Tether’s lawyer has now admitted that the stablecoin is only 74 percent backed by cash and equivalents, according to an affidavit filed on Tuesday. In the filing, Stuart Hoegner, the company’s general counsel, said Tether held approximately $2.

237 +

Tether and Bitfinex confirm USDT is not fully backed by fiat, only 74% of tethers backed with cash

Legal representatives for Bitfinex and Tether confirm the widely held suspicion that USDT is not one-to-one backed by US dollars. Court documents confirm tethers are only 74 percent backed, and those holding tokens are “subject to the risk of default, insolvency, inability to collect, and illiquidity.

236 +

“Holders Are Not at Risk”: Bitfinex Lawyer Responds to NY Attorney General

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.

449 +

Tether Stablecoin Only Has 74% of USDT Backed by Cash and Fiat Equivalents, Says Legal Counsel

Tether has been experiencing some major negative attention lately after rumors started circulating about how the stablecoin is actually backed. However, it looks like Tether’s general counsel is coming out of the woodwork with a little more honesty, as he has confirmed that there is 74% of the stablecoin’s liquidity that is backed by fiat […]

154 +

Report: Tether USDT Only 74 Percent Backed by Fiat

Tether, the company behind the USDT stablecoin, has released a document detailing its fiat holding to support the currency. According to the report, prepared and issued by the company’s lawyers, Tether only has cash reserves.

168 +

Tether Lawyer Admits Stablecoin Now 74% Backed by Cash and Equivalents

Tether's general counsel told the New York Supreme Court that it can only back about 74% of USDT in circulation as of Tuesday.

125 +

Twitter Shenanigans and Tether Probe in the Weekly Video Update From Bitcoin.com

Cryptocurrency advocates try to get the CEO of Twitter to ban @Bitcoin and the New York Attorney General goes after the company behind Tether. This and more in the weekly video news update on Bitcoin.

193 +

As Bitfinex Gets Sued By NY AG, Shareholder Reassures Missing Funds Will Be Released in a “Few Weeks”

A recent lawsuit by the NYSAG is unveiling a lot of unsettling details about the Bitfinex exchange and the Tether stablecoin. Though there has always been controversy around Tether for its lack of cash liquidity, the bigger allegation at this point is over the missing $851 million that Bitfinex is supposed to have. In an […]

210 +

Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means

The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million.

849 +

$850 Million Bitfinex Bombshell Disproves Crazy Bitcoin Conspiracy

By CCN: ShapeShift CEO Erik Voorhees made a valid observation on Twitter today, pointing out that there’s some degree of irony in the charges potentially facing embattled Bitcoin exchange Bitfinex: Tether had the cash reserves, despite wide speculation that the company had issued far more crypto tokens than it could settle.

245 +

Tether bombshell leads to 5% wipeout of bitcoin price

On Apr. 25, the office of New York Attorney General Letitia James alleged iFinex, the company behind Bitfinex and Tether, of misusing $900 million of Tether’s cash reserves to hide an $850 million loss.

250 +

Tether bombshell leads to 5% wipeout of bitcoin, can the market recover?

On Apr. 25, the office of New York Attorney General Letitia James alleged iFinex, the company behind Bitfinex and Tether, of misusing $900 million of Tether’s cash reserves to hide an $850 million loss.

253 +

New Bitcoin SV [BSV] trading pairs with BTC, USDC, and USDT go live on Float SV

While being delisted from various exchanges, Bitcoin SV [BSV] secured a place on Float SV exchange as they announced multiple new trading pairs. The exchange paired BSV with Tether [USDT], USD Coin [USDC], Bitcoin [BTC] and Bitcoin Cash [BCH].

213 +

Bibox launching Bitcoin Cash (BCH) and Litecoin (LTC) perpetual contracts

CryptoNinjas Bibox, an AI-enhanced encrypted bitcoin, and blockchain asset exchange, announced today it will list BCH/USDT and LTC/USDT perpetual contracts trading on April 12th, 2019 (GMT+8).

177 +

Bibox Exchange to Launch Leveraged BCH Perpetual Contracts

Estonia-based Bibox exchange is to launch bitcoin cash (BCH) and litecoin (LTC) perpetual trading contracts on April 12, with leverage of up to 50x. Priced in tether (USDT) – the US dollar-pegged stablecoin – the cryptocurrency derivatives are targeted at both institutional and retail investors.

311 +

Maya Preferred 223. A New Token That Will Overtake Bitcoin One Day

Maya Preferred 223’s (MAPR) market capitalization may overtake that of Bitcoin, the flagship of the crypto market. The market cap of MAPR is now just behind that of Bitcoin Cash, having already overrun Binance Coin, Tether, Stellar and Cardano.

200 +

Большинство криптовалют из топ-10 перешли к падению

Вторник начался для большинства криптовалют из топ-10 рейтинга капитализации, по данным CoinMarketCap, с падения. Bitcoin потерял 0,29%. Максимальное падение продемонстрировал Bitcoin Cash, – за сутки курс BCH опустился на 2,82%.

244 +

While Tether Withdraws Claim of USD Backing, Rival Stablecoins Provide Monthly Attestations

The controversy surrounding the backing of Tether’s USDT tokens has resurfaced following a recent alteration to the company’s terms of service that now state the reserves backing USDT comprise “traditional currency and cash equivalents and … other assets and receivables from loans made by Tether to third parties.

143 +

Уровень доминирования bitcoin продолжает снижаться

Новая неделя началась для bitcoin и большинства лидеров рейтинга капитализации с позитивного движения. Цена BTC за сутки поднялась на 0,84%. Лидером роста, по данным CoinMarketCap, с результатом в +9,84%, оказался Bitcoin Cash.

144 +

Tether (USDT) Not Backed by 100% Cash; New Terms of Service Include Loans & Assets

A shift in wording suggests that the Tether company is backing some USDT with loans, in effect inflating the money supply without direct dollar inflows.

198 +

Tether’s USDT Stablecoin Not Necessarily 100 Percent Backed By USD

Tether says its coin is backed by “cash equivalents” and “other assets.” But what are these?

120 +

Tether Updates Website, Says USDT Backed by “Reserves,” Not Just Cash

162 +

Exclusive: Tether Claims ‘100% USD-Backed’ But Crypto Community Remains Skeptical

On Wednesday, investors in Tether, the most dominant stablecoin in the crypto market, pointed out a change in the stablecoin’s Terms of Service and Risk Disclosure which described that its USD reserves will be composed of loans issued by Tether, not solely by cash.

157 +

Free Tesla Giveaway Airdrop by Tron’s Justin Sun is to Celebrate Latest BTT and USDT Token News

Justin Sun, the CEO of Tron (TRX), seems to be giving away $20 million and a Tesla. On Twitter, he wrote that to celebrate the success of BitTorrent Token (BTT) and the partnership between Tron and Tether (USDT), he will be doing a $20 million free cash airdrop. He will also be giving away a […]

213 +

На рынке наблюдается рост цен криптовалют

По данным CoinMarketCap, среда началаcь для большинства криптовалют из топ-10 рейтинга капитализации с роста. Bitcoin сумел прибавить 0,78%. Лидером роста оказался Stellar с результатом в 5,59%.

274 +

Turkish Real Estate Agency Sells 9 Houses for BTC

Turkish real estate agency Antalya Homes has sold nine properties to date using bitcoin core, mostly to foreign buyers. The houses cost a minimum of €30,000 each (~$33,900) said the agency, which also accepts bitcoin cash, ethereum, stellar, ripple, litecoin and tether.

253 +

Tron Partners With Tether to Launch TRC20-Based Stablecoin

Tether (USDT), the seventh most valuable crypto asset by market cap, has shrugged off attempts by newer stablecoins to usurp it. Now, a new version of tether is coming to the Tron network. Also Read: Gibraltar Exchange to List Bitcoin Cash Fiat Trading Pairs Tether to Trade on Tron Tron is officially partnering with Tether […] The post Tron Partners With Tether to Launch TRC20-Based Stablecoin appeared first on Bitcoin News.

166 +

Bitcoin Cash-Focused Ifwallet Implements Cash Accounts Name System 

Last month, on the 10th anniversary of the Bitcoin genesis block, Bitcoin Cash (BCH) developer Jonathan Silverblood launched his Cashaccount. info platform. The Cash Accounts platform allows users to tether human-readable names to BCH addresses in order to make payments easier.

219 +

Huobi.com в США запустила крипто-фиатные торговые пары

Американский партнер Huobi — криптобиржа Huobi. com — запустила торговые пары с долларом США. Первоначально пользователям предлагается торговля USD против трех криптовалют — биткоина (BTC), Ethereum (ETH) и Tether (USDT).

264 +

Huobi будет сотрудничать с американской компанией Prime Trust

Американская биржа HBUS (подразделение Huobi Group) будет сотрудничать с финансовой компанией из Невады Prime Trust для поддержки ввода и вывода фиатных средств. Американская трастовая компания Prime Trust предоставляет сервис защищенных сделок и работает с транзакциями в фиатных деньгах и в криптовалютах.

244 +

Tether вновь обогнал Bitcoin Cash

Утром в среду, 6 февраля главная криптовалюта торгуется в незначительный минус. Курс bitcoin просел на 1,06% по информации CoinMarketCap (на 10:00 по МСК). Подешевели все цифровые валюты из топ-5, кроме стейблкоина Tether, который вновь обогнал Bitcoin Cash по капитализации и поднялся на 5 строчку.

347 +

Tether вошел в топ-5 криптовалют по капитализации

Стейблкоин Tether (USDT), стоимость которого обеспечивается запасами долларов США, занял пятое место среди крупнейших по капитализации криптовалют, обогнав Bitcoin Cash.  Об этом свидетельствуют данные Coinmarketcap.

201 +

Tether неожиданно поднялся на 4-ю строчку рейтинга крупнейших цифровых активов

Стейблкоин Tether (USDT) в понедельник воспользовался снижением стоимости альткоинов и вытеснил монету EOS с 4-ой строчки рейтинга крупнейших цифровых активов. За последние 24 часа криптовалютный рынок продемонстрировал резкое снижение, в результате которого крупнейшая монета биткоин (BTC) подешевела до $3458.

237 +

Капитализация Bitcoin Cash упала ниже $2 млрд

Курсы виртуальных валют начали рабочую неделю с падения. Резко упал курс Bitcoin Cash — за выходные показатель сократился на $15. По данным Coinmarketcap на 10. 00 по мск, цена цифровой монеты просела на 9,93%, до $113,01.

178 +

У Tether появился серьезный конкурент

В мире стейблкоинов ожидается жесткое противостояние. Как полагает один из ярких и противоречивых криптоаналитиков, приверженец Bitcoin Cash Роджер Вер, 2019 год пройдет под знаком стейблкоинов — криптовалют,  которые либо обеспечены другими криптоактивами, либо стандартными деньгами (фиатом), либо физическими активами.

239 +

New CashAccount.info ID System Allows For Bitcoin Cash (BCH) Human Readable Account Names

Tie Your Name To Your Bitcoin Cash Address Through The Tether System From Cashaccount.info Jonathan Silverblood, a major proponent and member of the dev team for Bitcoin Cash has announced the creation of a brand new identification system which he designed that allows for the tethering of a human readable alias to accompanying payment information. […]

149 +

Kraken stirring the Ripple pot: Is it Ripple or XRP and why does it even matter?

One of the oldest cryptocurrency exchanges on the market, Kraken, announced that they’ll introduce XRP and Bitcoin Cash BCH margin trading on its platform. The addition will expand their margin offering to 8 assets, as these two will now be tradable alongside Bitcoin (XBT), Ethereum (ETH), Ethereum Classic (ETC), Augur (REP), Monero (XMR), and Tether […] The post Kraken stirring the Ripple pot: Is it Ripple or XRP and why does it even matter? appeared first on CaptainAltcoin.

220 +

Bloomberg: Clues Suggest Tether (USDT) Has the Billions To Back Up the Digital Asset

Rumors surrounding the stablecoin known as Tether (USDT) have long speculated that the parent company does not exactly have the funds to back up the total tokens in the market. The continual uncertainty as to whether USDT was backed by cold cash caused the fake news in mid October that Binance was delisting the stablecoin […] The post Bloomberg: Clues Suggest Tether (USDT) Has the Billions To Back Up the Digital Asset appeared first on Ethereum World News.

257 +

Documents Suggest Tether Has Fiat Funds to Back Stablecoin: Report

Tether Ltd. may have the cash reserves to back up its 1.8 billion dollar-pegged tokens, says Bloomberg.

160 +

Stablecoin Tether is Fully Backed By Dollars, New Bank Statement Reveals

Rumors about stablecoin Tether not being fully backed by dollar reserves are looking increasingly thin, according to the latest bank statements, which show that USDT is fully backed by dollar reserves.

172 +

Litecoin обогнал Bitcoin Cash. Предсказания сбываются

На крипторынке большие перемены. Stellar и Tether ворвались в топ-5, а LTC обогнал BCH, тем самым подтвердив прогноз Чарли Ли.

207 +

Tether оказался в пятерке крупнейших цифровых активов

Стейблкоин Tether (USDT) продолжает теснить конкурентов в списке крупнейших цифровых активов. На минувшей неделе монета оттеснила лайткоин и заняла 7-ю строчку рейтинга ТОП-10 криптовалют.

170 +

Bitcoin Cash вновь обошел Bitcoin SV по капитализации

Рыночная капитализация Bitcoin Cash в имплементации Bitcoin ABC вернула себе позиции, обогнав новоиспеченный форк Bitcoin SV, который еще вчера занимал 5-ю строчку в рейтинге CoinMarketCap. Так, Bitcoin Cash теперь занимает 5-ю строчку, а поддерживаемый самопровозглашенным Сатоши Накамото Крейгом Райтом форк закрепился на 7-й строчке с капитализацией в $1,68 млрд. Меж двух огней оказался стейблкоин Tether, […]

213 +

Tether обошел Bitcoin Cash по капитализации

Самая популярная в мире криптовалюта биткоин (Bitcoin) немного подорожала. По состоянию на утро 8 декабря курс биткоина находится ниже $3500, свидетельствуют данные торгов портала Coinmarketcap.com.

149 +

Dogecoin [DOGE] Trades in a Range Despite Bearish Market Conditions

Dogecoin has been outperforming most major cryptocurrencies. It is the top performer in the top 20 cryptocurrencies by market cap with the exception of the stablecoin USD Tether and the very nascent Bitcoin Cash SV.

192 +