Crypto Community Reacts to Tether Admitting USDT Not Fully Backed
According to the company behind it, stablecoin USDT is not fully backed by fiat currency deposits. It was revealed today that the controversial crypto asset firm Tether…
Tag: Bitfinex
NY Attorney General sues Bitfinex and Tether to unearth “fraud being carried out” by the firms
The New York State Attorney General (NYSAG) is suing Bitfinex, the cryptocurrency exchange, and affiliated firm Tether, the company behind the stablecoin of the same…
Changes to Tether’s Terms of Reserves Raises Fresh Concerns
Controversial stablecoin Tether is in the spotlight again after changes to the details of the way in which it backs up tokens in supply. As reported on March…
Bitcoin Turns 10: A Brief History of Its First Decade
Bitcoin, the flagship cryptocurrency, has turned ten years old today as back in 2008 Satoshi Nakamoto, its pseudonymous creator, submitted the “Bitcoin: A Peer-to-Peer Electronic…
What Is IOTA (MIOTA)? | A Complete Guide to the IoT Cryptocurrency
What Is IOTA? IOTA stands for Internet of Things Application, and it’s a crypto technology that facilitates transactions between devices on the Internet of Things (IoT). IOTA…
Crypto Exchange Bitfinex Denies Allegedly ‘Fake’ Tether Volumes Listed on CoinMarketCap
Major crypto exchange Bitfinex has responded to a recent media report that accused the exchange of publishing trading volume data from “a market that doesn’t exist,” in…
Tether ‘Didn’t Do a Great Job on Transparency,’ Claims Investor Mike Novogratz
Stablecoin Tether (USDT) should create more “transparency” about its operations, cryptocurrencyinvestor and entrepreneur Michael Novogratz told Bloomberg Oct. 18. Speaking in an interview, Novogratz, whose Galaxy Digital investment company is active in…
Bitfinex Launches ‘New, Improved’ Deposit System Amid Market Chaos
Bitfinex exchange today announced an upgrade to its fiat currency deposit system, after causing a stir last week by briefly halting U.S. dollar, GBP, EUR and Japanese Yen…
Bitcoin Price Is Defending One Key Support for the Fifth Month Running
Bitcoin (BTC) defended a key long-term price floor as it recovered from the three-week lows near $6,200 hit on Friday. The leading cryptocurrency looked set…
This May Be the End of Bitfinex, One of the Biggest Exchanges in Crypto
After last week’s price drop, investors have become optimistic in the positive short-term trend of crypto. The new bull run is being led by Bitcoin,…