Tether updates, transparency reports, and insights into the role of stablecoins in global finance.
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One obscure exchange dominates half of all Tether trading volumes. Meanwhile, top-tier exchanges saw their largest decline in volume to date. Half of all…
Tether announced a new offshore Chinese-yuan backed stablecoin, CNHT. The cryptocurrency is the newest addition to the firm’s suite of regulation-skirting coins. Primer on…
Tether Ltd. is planning to issue two new stablecoins, one pegged to a basket of commodities and another to the Chinese renminbi, according to…
A New York judge ruled Bitfinex must face the fraud suit and impending investigation set against it in April by New York attorney general…
Tether ownership is worryingly concentrated, citing Coin Metrics data that showed just 318 addresses held 80 percent of all Tether in circulation. Coin Metrics…
When bitcoin broke above $4,200 it marked a pivot point in the crypto markets. Since then, bitcoin has surged more than 40 percent and…
An ongoing investigation into iFinex Inc. seems to have caused an exodus of traders out of Bitfinex. An increasing number of users report issues with…
Zhao Dong, one of China’s biggest OTC traders, recently published a marketing document detailing iFinex Inc. plans to conduct an initial exchange offering (IEO),…
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…
