Tether’s New Terms of Service Spark Fractional Reserve Concerns
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...
Justin Sun Planning $20M Cash Airdrop and Tesla Giveaway
TRON founder Justin Sun announced that he is planning to do a $20 million free cash airdrop, in addition to a giveaway of one Tesla vehicle, to a random winner. $20M Cash Airdrop...
Tether (USDT) to Launch on TRON’s Blockchain
Popular stablecoin Tether (USDT) is set to be introduced on the TRON (TRX) blockchain. The move is geared towards increasing interoperability with TRON-based protocols. Tether...
Huobi’s V2.0 ‘Stablecoin for Stablecoins’ Aims to...
Stablecoins are increasing their visibility within the crypto space as the universe of stablecoins expands and they become easier to trade. Now, digital exchange Huobi Global offers...
Bitfinex Opens Trading of USD-Pegged Tether Against USD
Cryptocurrency exchange Bitfinex has announced it will support trading of USD denominated stablecoin Tether (USDT) against fiat USD from Friday. Bitfinex Hedging A Hedge The curious...
Stablecoin Tether is Fully Backed By Dollars, New Bank Statement...
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...
Tether Dominance Of Stablecoin Market Falls To 74%
As 2018 began, with only two competitors, Tether commanded 94 percent of the stablecoin market. With the year seeing the emergence of 8 new players in the space, that dominance has...
US ‘Investigating’ If Tether, Bitfinex ‘Illegally...
Bitcoin’s latest price plunge has coincided with fresh scrutiny of stablecoin Tether and exchange Bitfinex almost a year after both received subpoenas from US authorities. DoJ...
Bitfinex: New Fee Policy Suggests $30,000 Fee to Withdraw $1 Million
Cryptocurrency exchange platform Bitfinex recently released an updated fee structure for fiat withdrawals. The twelfth-largest exchange also revealed that it processed more $1 billion...
Tether Announces Relationship With Deltec Bank in the Bahamas
On November 1st Tether said they have established a banking relationship with the Bahamas-based Deltec Bank & Trust Limited. Tether Limited made a few notable announcements on...
Stablecoins Are The ‘Disney Dollars’ of Crypto
Companies and exchanges are jumping on the stablecoin bandwagon — but just how promising is this concept and doesn’t it go completely against everything Bitcoin stands for? ...
Tether Intentionally Obliterates 500 Million USDT
Yesterday Tether quietly took 500 million USDT out of circulation, then promptly destroyed them. Tether Supply Shrinks By $500 USDT Yesterday the stablecoin saga took a new twist as...