Tether CTO says $1b USDT minted on Ethereum reserved for chain swapping

Tether recently minted another $1 billion worth of its Tether USDT stablecoin on the Ethereum blockchain, which is another big issuance within two months since its last minting on April 21.

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Tron Loses $100,000,000 Mln Worth of Tether (USDT) to Ethereum

Tether performs another major chain swap as Ethereum remains the biggest value settler on its network

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Tether could overtake Ethereum by 2021

Tether could overtake Ethereum as the second most valuable cryptocurrency by the end of...

The post Tether could overtake Ethereum by 2021 appeared first on Coin Journal.

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Tether Bails on TRON, Converts 300M USDT to Ethereum

Less than a year after first issuing its stablecoin on the TRON blockchain, it looks like Tether is starting to bail on the network. The stablecoin company announced it has converted $300M dollars worth of the cryptocurrency back to the Ethereum network earlier today.

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Tether’s migration from Bitcoin’s OMNI to Ethereum drives ETH’s daily transaction fees to the top

Tether [USDT] has been in the news lately owing to the various developments in its ecosystem. The stablecoin recently moved from Bitcoin’s OMNI layer onto the Ethereum network. More recently, Tether launched a stablecoin pegged to the Chinese yuan called CNHT, which will operate on the Ethereum blockchain.

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Ethereum Muscles Bitcoin Out of Tether Racket

Tether (USDT) transactions on the Bitcoin blockchain are losing ground to Ethereum at an ever-increasing rate. Ever since the Tether stablecoin was issued on Ethereum in January 2018, it has slowly gone on to become the most utilized version of the USDT token (of the four in existence).

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В Tether объяснили подозрительные транзакции ростом предложения USDT на блокчейне Ethereum

Компания Tether намерена увеличить объем предложения USDT на блокчейне Ethereum, сообщил технический директор аффилированной с Tether биржи Bitfinex Паоло Ардоино. Так он объяснил недавние крупные транзакции USDT, которые некоторым пользователям показались подозрительными.

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Tether все чаще использует блокчейн Ethereum для выпуска USDT

Блокчейн Ethereum все чаще используется для выпуска стейблкоина Tether. Об этом сообщил технический директор аффилированной с Tether биржи Bitfinex Паоло Ардоино, комментируя привлекшие внимание пользователей транзакции.

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Tether увеличил эмиссию USDT на блокчейне Ethereum

Блокчейн Ethereum всё чаще используется для выпуска стейблкоина Tether. Об этом сообщил технический директор аффилированной с Tether биржи Bitfinex Паоло Ардоино, комментируя привлекшие внимание пользователей транзакции.

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$200 Million USDT Issued on Ethereum, Tether Surpasses $3 Billion

Tether’s market cap has risen to circa $3.1 billion, up $300 million since last month. Sending it to the highest level it has ever been. Tether now has $2.6 billion...

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Bitfinex and Tether (USDT) Attempt Dismissal of NYAG Case

Cryptocurrency exchange Bitfinex and Tether have moved for a case dismissal of the suit pending against them by the New York Attorney General’s office. According to court filings on May 21, the lawyers of Bitfinex.

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Monfex Expands Account Funding Options With USDT and ETH

Today Monfex is proud to announce a new, highly sought-after feature on our industry-leading cryptocurrency trading platform – the ability to deposit and fund trading accounts with Tether (USDT) and Ethereum (ETH).

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Джозеф Любин: Ситуация вокруг Bitfinex повлияет на криптосферу

Основатель блокчейн-компании ConsenSys и сооснователь Ethereum Джозеф Любин ожидает, что ситуация вокруг Bitfinex и Tether будет иметь свои негативные последствия для индустрии криптовалют. Об этом он заявил, выступая на конференции Fluidity Summit.

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Соперники Tether усиливаются на фоне беспорядка Bitfinex

Соучредитель Ethereum и видный деятель криптовалютной сферы, Джозеф Любин, считает, что «беспорядок Bitfinex» не будет решен в ближайшее время.

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Joseph Lubin: Tether’s Rivals to Gain Traction amid Bitfinex ‘Mess’

By CCN: The Bitfinex “mess” won’t be resolved anytime soon, charged Ethereum co-founder Joseph Lubin. His comments, which came on Thursday, come after a New York Supreme Court judge scathingly criticized the NY Attorney General who filed an injunction against Bitfinex and Tether.

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Joe Lubin Believes Bitfinex and Tether Situation Won’t Get Any Better From Here on Out

Many of our regular readers are probably well aware of the recent Bitfinex-Tether scandal which involved a whopping sum of $850 Million. In relation to the matter, Ethereum co-founder Joseph Lubin stated that moving forward, this mess would affect Bitfinex’s reputation in a big way — so much so that it would not be shocking […]

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Joseph Lubin on Tether-Bitfinex Debacle: “It seems like a really big mess that probably won’t get better”

Joseph Lubin, founder of ConsenSys and co-founder of Ethereum, has shared his views on the recent debacle involving controversial stablecoin, Tether, and its parent company Bitfinex exchange. Speaking at the Fluidity Summit conference, Lubin said.

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Bitfinex Has Got 1 Bln Commitments in USDT for its Token Offering: Investor

One of major shareholders reports that investors have already lined up to buy the LEO token, providing commitments for $1 bln in Tether Dong Zhao, a China-based investor, the creator of DGroup, who has an.

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Analyst Expects Bitcoin To See Bullish Continuation: BTC Taps $6,000

Bitcoin Set To Trend Higher Over the past week, Bitcoin (BTC) has begun to recover after a brutal 10% sell-off, sparked as a result of news that Bitfinex and Tether (USDT) may be in precarious. . .

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Bitcoin Manipulation, Binance, Bitfinex, Tether, And That 1.1 Million BTC

Bitcoin could still yet break $6,000 as momentum holds, but charges of manipulation and calls for Binance to delist Tether, the 1. 1 million bitcoin at the centre of a long-running Florida court case and a.

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New York AG Seeks Release of Tether Docs in Bitfinex Case

The New York Attorney General’s office has requested that Bitfinex release documents related to its dealing with Tether as apart of the ongoing legal case. According to a memorandum of law filed on May 3,.

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Bitcoin Analysts Turn Cautious As BTC Falters At $5,800

Bitcoin May Be Poised To See Pullback On Thursday, Bitcoin (BTC) began to rally massively. After trading under $5,300 for a week as a result of the Bitfinex and Tether news, the cryptocurrency began to.

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Bitcoin (BTC) May See A Pullback After $5,700 Run, Technicals Hint

Bitcoin May Currently Be Overextended The past 48 hours for Bitcoin (BTC) have been stellar. Last week saw news reveal that both Bitfinex and Tether Limited, two integral facets to the cryptocurrency market, are both.

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Ethereum [ETH] and Tron [TRX] Price Analysis: ETH slips away into the bear’s market as TRX remains undecided

The majority of the cryptocurrency market continues to be in the bull’s realm, irrespective of the controversy surrounding Tether [USDT], the largest stablecoin by market cap. This includes Ethereum [ETH], the second-largest cryptocurrency, which was trading at $163.

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Bitcoin (BTC) Could Breach $330,000 In 2021 If 2017’s Bull Run Is Mirrored

Bitcoin May Soon See Another Parabolic Run Thursday saw Bitcoin (BTC) push past $5,500 yet again, despite the Tether “FUD,” sparking claims that a parabolic bull rally is around the corner yet again.

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Bitcoin (BTC) Back Over $5,500, Similarities to 2017 Starting to Show

Since the fallout from the Tether fiasco markets had started to cool and even show signs of pulling back. Analysts predicted a drop back to lower levels, led by Bitcoin if it could not break. . .

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Tether’s (USDT) Negligence deserves Exchanges De-listing

Tether (USDT) and BitFinex are scandal ridden and Reddit user opines that it should be delisted from major exchanges. All the same the reaction is mixed. The post Tether’s (USDT) Negligence deserves Exchanges De-listing appeared first on Ethereum World News.

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Bitcoin Above Winter Resistance, Ethereum About To Drop Below It

The month of April has seen some good, bad and ugly in the world of cryptocurrency. Bitcoin has had it good, Ethereum has not fared so well, and the Bitfinex Tether fiasco has been the... The post Bitcoin Above Winter Resistance, Ethereum About To Drop Below It appeared first on Ethereum World News.

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Cryptocurrency ATM CoinFlip Delaying Tether USDT Addition Following Recent Allegations

While the marketplace for cryptocurrency appears to have given its consent to Tether and the USDT coin, with the price still hovering around 1 USD, other crypto-based companies are hesitant to engage in the currency.

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Crypto Market Sees Green as People Exchange Billions of Tether Mostly For Bitcoin and Ethereum

Despite the recent Tether/Bitfinex news – where New York’s attorney general accused the operator of the Tether stablecoin and… The post Crypto Market Sees Green as People Exchange Billions of Tether Mostly For Bitcoin and Ethereum appeared first on Invest In Blockchain.

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Bitcoin Price Rise After Tether Scandal Shows End of Crypto Winter: Fundstrat

On Tuesday, the crypto asset market began to move higher, shocking many investors across the board. As of the time of writing this, Bitcoin (BTC) is trading at $5,380, posting a 2. 81% gain in the past 24 hours.

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Bitcoin May “Pump To Low $6Ks” As The Market Looks Promising

A cryptocurrency/blockchain investor and commentator known on Twitter as The Crypto Dog has expressed confidence that Bitcoin (BTC) may hit $6,000 and above while Ethereum (ETH) may surge to $200 because the market is “looking decent.

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A Bitcoin (BTC) Bull Run Is Inbound, Long-Term Trends Show

Bitcoin May Soon Rally Strongly Again Bitcoin (BTC) may have collapsed by 7% last week off news that Tether’s USDT might not be entirely backed, but one long-term-centric analyst argues that technicals still look bullish.

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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.

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Bitcoin (BTC) Could Spike To $5,600 If Litecoin’s Trend Is Followed

Investors Flip Bullish on Bitcoin as $5,200 is Held For some reason or another, as Bitcoin (BTC) has held at $5,200 for days on end after the Bitfinex and Tether news broke, investors have begun. .

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Stablecoin Overload? Asset Class in Danger of Market Saturation

As the crypto markets post a small recovery from losses incurred earlier in the week, news of stablecoin creation continues to dominate the industry. Last week Tether and TRON joined forces to launch the TRX-backed.

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Bitcoin (BTC) Returning To $4,000 Off The Bitfinex, Tether News Might Not Be Bearish

Analysts remain divided over how the news that crypto exchange Bitfinex and Tether Limited (USDT’s issuer) are currently in a precarious financial situation will affect Bitcoin (BTC). One analyst has remarked, however, that BTC moving.

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Crypto Fund Reveals Abounding Retail, Institutional Interest In Bitcoin (BTC)

Investors Are Coming Back To Bitcoin The Tether ‘FUD‘ may have scared off some skeptics, but there still seem to be investors flooding into the cryptocurrency market. According to a recent tweet from Barry Silbert,.

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Report: Bitfinex Shareholders Unconcerned with Ongoing Allegations

Despite Bitfinex, Tether and the New York Attorney General’s office dominating headlines in cryptocurrency, several shareholders have come forth to state they are “unconcerned” with the recent allegations.

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Bitfinex Debacle Aside, Bitcoin (BTC) May Shoot To $6,000 Due To Historical Trend

Analysts Keep Their Bullish Tone On Bitcoin A number of analysts have become disconcerted as a result of the news that Bitfinex and Tether could be on thin ice, but some have aimed to stay... The post Bitfinex Debacle Aside, Bitcoin (BTC) May Shoot To $6,000 Due To Historical Trend appeared first on Ethereum World News.

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Wash Trading or Defrauding Users in Tether (USDT) May Not Trigger Extradition to the US

A keen observer notes that exchanges and officials behind USDT may not be extradited to the US despite wash trading ro defrauding users. The post Wash Trading or Defrauding Users in Tether (USDT) May Not Trigger Extradition to the US appeared first on Ethereum World News.

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Paxos выпустит 100 млн токенов PAX на блокчейне Ontology

Paxos, компания, выпускающая стабильные токены PAX, проинформировала общественность о своих планах выпустить до 100 млн своих стейблкоинов на блокчейне Ontology, что является новой опцией перехода PAX с текущей сети Ethereum.

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Crypto Market Wrap: Tezos Pumps Ten Percent as Markets Consolidate

Crypto markets pulling back; Altcoins are mixed, Bitcoin and Ethereum cooling off, Tezos on a roll. Market Wrap Crypto markets have continued to fall as we enter the weekend. There has been no bounce back following the Bitfinex and Tether induced dump a couple of days ago and total market capitalization is holding around $170.

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E*Trade To Spark Retail Adoption With Rumored Bitcoin (BTC) Trading Feature

Prominent Brokerage To Allow Bitcoin & Ethereum Trading: Sources A new round of Tether (USDT) and Bitfinex ‘FUD’ may have just swept over the market, but the underlying growth of cryptocurrency hasn’t ceased.

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Ethereum (ETH) Price Prediction 2019 – Back to Two or Four Digits? (Late April Update)

Late April Update: Technicals The Bitfinex and Tether saga seems to be dragging the whole market down and Ethereum is no exception. The daily ETHUSD chart looks gloomy with price slipping through support zones in what looks like a free fall.

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Tether Responds to NY Attorney General Accusation, Users Still Wary of USDT

It has been a whirlwind week for crypto investors and the broader crypto market, with Tether and Bitfinex at the center of a growing scandal. While Tether has been the focal point of a number. . .

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Ethereum [ETH] and Tron [TRX] Price Analysis: Bear consolidates after market dip as recovery stalls

As crypto-traders departed from Bitfinex following the alleged cover-up of $850 million using the stablecoin Tether, the cryptocurrency market posted significant losses. The second largest crypto-asset, Ethereum [ETH], was at press time, holding a market cap of $16.

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Markets Update: Crypto Bulls Lose Footing After Stablecoin Controversy

Cryptocurrencies dropped in value yesterday after the New York Attorney General’s court filings against Bitfinex and Tether were published. Currently, the entire market capitalization is roughly $170 billion and most cryptocurrencies have lost 2-10% of their value since the announcement.

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С Bitfinex выведено $189 млн в Биткоине и Ethereum

Bitfinex, которую связывают общие владельцы с стабильным токеном Tether (USDT), публично не объяснила причину вывода криптоактивов, но вскоре после этого обе компании столкнулись с расследованием по поводу потенциально недостающих средств.

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