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Stablecoin Issuer Tether Says It Is a Victim of a 500 BTC Ransom Demand Infoleak Threat
Just days after the conclusion of its long-running feud with the Office of the Attorney General of New York, Tether says it is now a victim of an extortion attempt. According to the stablecoin issuer, the blackmailers are threatening to release documents they claim “will harm the bitcoin ecosystem” if their demand for the payment […] дальше »
2021-3-2 15:15 | |
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What Happens if All Stablecoin Users Have to Be Identified?
If the U.S. reins in pseudonymity in stablecoin transactions (as seems possible) there could be big implications for the crypto industry, says our columnist. дальше »
2021-2-19 18:47 | |
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What Tether Means When It Says It’s ‘Regulated’
Representatives say the $25B stablecoin is "regulated" but the issuer doesn't look like a financial institution bound by norms and laws. дальше »
2021-1-27 19:39 | |
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Tether Banker Says the Stablecoin is Fully-backed
Deltec, the Tether (USDT) banker based in the Bahamas, says the popular stablecoin is fully-backed, downplaying long-standing reports of the integrity of its client’s reserves. The declaration is coming as both Tether and Bitfinex are submitting documents to the New York Attorney General (NYAG) concerning an $850 million embezzlement case from April 2019. Tether isRead More дальше »
2021-1-23 13:30 | |
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Tether (USDT) To Face Do or Die Situation in 2021: Messari Report
Tether is the cryptocurrency industry’s biggest threat in 2021, says a report penned by Messari’s Founder Ryan Selkins. The 134-page thesis ventured into the stablecoin’s emergence as a proxy for the US dollar that helps crypto traders getting in and out of their positions quickly on exchanges. дальше »
2021-1-1 19:19 | |
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Stablecoins Must Meet Appropriate Financial Regulations, Says U.S Presidential Advisory Group
The financial working group of the US government has indicated that Stablecoins must meet certain regulatory standards to be accepted in the country. This comes after the controversial stablecoin bill that has been proposed by US lawmaker Talib Rashid. дальше »
2020-12-27 12:00 | |
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Zero Interest Rates Could Hamper the Stablecoin Business
Zero or negative interest rates will force stablecoins to look at their fee structures and cut costs. Only the fittest will survive, says our columnist. дальше »
2020-4-2 15:53 | |
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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. дальше »
2020-1-24 19:25 | |
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Facebook’s Libra Has Failed in Current Form, Says Swiss President
According to Switzerland’s president the assets backing Libra need to change for the stablecoin to be approved
дальше »2019-12-28 12:28 | |
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Digibyte Founder Jared Tate Announces New Decentralized Stablecoin Called DigiDollar
Jared Tate, the founder and CTO of the Digibyte cryptocurrency says that they are working on a new USD-backed stablecoin launched on the DigiByte network. He made the announcement on December 26 on Twitter. дальше »
2019-12-27 06:26 | |
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OKEx Crypto Exchange To Integrate DAI Savings Rate On The 23rd, Users Can Earn 4% By Staking
The crypto exchange OKEx is about to become one of the major platforms integrating the Dai Savings Rate (DSR) and allowing stablecoin holders to earn a return of 4%. MakerDAO, which is the autonomous and decentralized organization that’s behind Dai, made an announcement on Tuesday, an announcement in which it says on December 23, OKEx […] дальше »
2019-12-17 21:12 | |
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Walmart’s coin could gain approval from regulators easier than Libra, says top investment bank
Walmart’s prospective USD-backed stablecoin should be looked upon more favorably by regulators than Facebook’s Libra, according to U. S. investment banking and financial services company, Cowen, Bloomberg reported. дальше »
2019-8-6 12:57 | |
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Tether Effect: Stablecoin transaction volumes on Ethereum surpasses Venmo
A recent report from TradeBlock found that the total on-chain transfer volume across the largest stablecoins has surpassed Venmo’s total payment volume in Q2 2019. But while many celebrated this as a win for cryptocurrencies, some saw the numbers as overblown and said the two cannot be compared. дальше »
2019-8-5 08:24 | |
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Bitcoin Bull Lou Kerner: Facebook Is Dying and Libra Is Dead on Arrival
Ask not for whom the bell tolls, Facebook. It tolls for thee, says bitcoin bull Lou Kerner. The crypto investor says Facebook is on its last legs, and even its over-hyped stablecoin project, Libra, can’t save it. дальше »
2019-7-29 19:43 | |
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Susquehanna's Bart Smith: Bitcoin Price Spike Not Driven by Libra
There's no shortage of catalysts behind bitcoin's weekend rally beyond $11,200. Institutional capital is at long last entering, the bitcoin supply halving event is nearing, and major players including the likes of Fidelity and Bakkt are building much-needed infrastructure. дальше »
2019-6-25 20:40 | |
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Ripple, Binance CEOs Comment on Facebook’s Libra as Canaccord Analyst Says Regulatory Hurricane is Coming
Several figures from the financial world are currently talking about the hottest subject of the moment: Facebook’s Libra stablecoin. The new crypto is seen as very controversial, with people affirming that it is good while others are very scared of it. дальше »
2019-6-20 23:35 | |
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Russia Will Not Legalize Facebook’s Cryptocurrency, Official Says
Russian politician Anatoly Aksakov said that the government has no plans to legalize Facebook’s long-awaited Libra stablecoin
дальше »2019-6-19 21:39 | |
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Maker Promises Multi-Collateral DAI In 2019
In a few months, you might be able to create DAI tokens using multiple forms of cryptocurrency, or even fiat currency, according to Maker representatives. Jennifer Senhaji, Maker’s Business Development lead, says that the crypto-backed stablecoin project expects to release Multi-collateral Dai (MCD), which will be backed by other assets, before the end of the […] The post Maker Promises Multi-Collateral DAI In 2019 appeared first on Crypto Briefing. дальше »
2019-6-13 18:06 | |
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I Would Not Long or Short Bitcoin, Says Billionaire Stablecoin Investor Druckenmiller
Billionaire investor Stanley Druckenmiller says he wouldn’t touch bitcoin due to concerns over value proposition and volatility
дальше »2019-6-4 13:35 | |
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Bitcoin Price ‘Coiling Up’ For $10K, Says Max Keiser As Tether Hits Record $3B Market Cap
Bitcoin industry figures are throwing their weight behind predictions Bitcoin price will reach $10,000 soon as Tether’s market cap passes $3 billion. $10K BTC Next? Stablecoin Tether, whose issuing company has continued its activities as normal despite an ongoing US court case, increased its supply by 100 million USDT tokens May 24. дальше »
2019-5-25 19:00 | |
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Tether [USDT]’s volume should be seen as a ‘completely irrelevant metric’, says researcher
Tether [USDT] has been a topic that has been voraciously discussed across the board lately, with the Bitfinex-Tether scandal providing the ground for the controversy surrounding the stablecoin. Another controversial topic in the cryptocurrency industry was the issue of fake transaction volumes on many of the popular cryptocurrency exchanges. дальше »
2019-5-25 23:30 | |
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Tether Says It Invested Some of Its Reserves Into Bitcoin and Other Assets
A new court filing revealed that stablecoin issuer Tether said that it had invested some of its reserves in bitcoin
дальше »2019-5-22 22:25 | |
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Polychain CEO Says Facebook’s Rumored Stablecoin Blockchain Should Be Public
The CEO of Polychain Capital CEO says Facebook will find the most success if it relinquishes authority over the blockchain of its rumored native cryptocurrency
дальше »2019-5-16 04:00 | |
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Facebook Suddenly Relaxes Crypto Ad Terms Before Stablecoin Launch
By CCN: Now that Facebook is on the cusp of rolling out its own crypto of sorts, it’s adjusting policies for existing market players to advertise on its platform – again. The world’s largest social media platform said in a blog post on Wednesday that it’s been listening to feedback since it shut down crypto advertising. дальше »
2019-5-9 04:30 | |
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Fee Has Successfully Stabilized DAI, MakerDAO President Says
MakerDAO's president Steven Becker says DAI stablecoin is now relatively stable, in advance of vote to increase stability fee
дальше »2019-5-4 02:10 | |
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TRON CEO Says Tether Controversy Will Delay User Rewards
Justin Sun, the CEO of TRON, has commented on the controversy that is brewing around Tether, the largest stablecoin in existence. TRON recently introduced a Tether-based coin on its own blockchain, and it is now planning a reward program that will encourage users to adopt the coin. дальше »
2019-5-3 23:36 | |
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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 […] дальше »
2019-5-1 22:03 | |
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Just In: Bitfinex Says It Will Fight This Gross Overreach By The NY Attorney General Office
Bitfinex, which owns the controversial stablecoin Tether, has responded to an order by the New York Attorney General’s office,… The post Just In: Bitfinex Says It Will Fight This Gross Overreach By The NY Attorney General Office appeared first on Invest In Blockchain. дальше »
2019-4-26 08:35 | |
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Tron’s [TRX] Justin Sun says USDT-Tron partnership will make USDT will be more reliable, faster, and cheaper in the future
In a recent podcast with Rachel Wolfson, Tron’s CEO, Justin Sun, emphasized on the importance of stablecoins in the cryptocurrency ecosystem and the objective behind the launch of the upcoming USDT-Tron stablecoin. дальше »
2019-4-7 21:30 | |
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Justin Sun Says “Tremendous Demand” for USDT-Tron Stablecoin Coming Next Week
The USDT-Tron stablecoin is ready for launch on April 9th that according to Tron founder and BitTorrent CEO Justin Sun is receiving tremendous demand across the globe along with a lot of interest from the institutional investors. дальше »
2019-4-7 16:48 | |
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Coinbase-Backed Reserve Points At Wash Trading and Artificial Inflation In Stablecoin Market
Coinspeaker Coinbase-Backed Reserve Points At Wash Trading and Artificial Inflation In Stablecoin MarketReserve CEO, Nevin Freeman says that stablecoin projects indulge into dubious activities trapping investors funds to artificially inflate demand and thus the market cap of the stablecoins. дальше »
2019-3-25 10:22 | |
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Coinbase-Backed Reserve Points at Wash Trading and Artificial Inflation in Stablecoin Market
Coinspeaker Coinbase-Backed Reserve Points at Wash Trading and Artificial Inflation in Stablecoin MarketReserve CEO, Nevin Freeman says that stablecoin projects indulge into dubious activities trapping investors funds to artificially inflate demand and thus the market cap of the stablecoins. дальше »
2019-3-25 10:22 | |
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Bitcoin’s 4th Largest Exchange to Support Tron Stablecoin
The liquidity of the Tron network is about to go to the next level. As we previously reported, Tether is expanding its USDT product to the Tron blockchain. Now the community has heard from a veteran exchange – USDT-Tron is going to list on OKEx. дальше »
2019-3-22 23:31 | |
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SEC’s Valerie Szczepanik: Many Stablecoins Currently “Might Be Violating Various Securities Laws”
SEC’s Valerie Szczepanik Says There Are Many Stablecoins In The Market Currently That “Might Be Violating Various Securities laws” During her appearance at the ongoing SXSW conference in Austin, the SEC’s Senior Advisor for Digital Assets ‘Valerie Szczepanik’ went on record to state that there currently existed a number of stablecoin offerings that could potentially […] дальше »
2019-3-17 23:31 | |
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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?
дальше »2019-3-15 22:05 | |
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Barclays Analyst Says Facebook Cryptocurrency Push Could Generate $19 Billion by 2021
While social media giant Facebook is putting preparations in top gear to launch a stablecoin that could function as both the native currency for the platform and a digital asset for global peer-to-peer payments, Barclays Internet analyst, Ross Sandler has forecasted that Facebook Coin could generate as much as $19 billion for by 2021, reportsRead MoreRead More. дальше »
2019-3-13 21:00 | |
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Ripple CEO Says JPM Coin Lacks Interoperability: ‘Just Use the Dollar, I Don’t Get It!’
Ripple CEO Brad Garlinghouse says the recently-announced stablecoin from U.S. banking giant JPMorgan Chase lacks interoperability
дальше »2019-3-7 12:31 | |
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