Business 22 August 2019

Embattled Tether to issue Chinese yuan-pegged stablecoin

Tether, which is owned by parent company iFinex, will reportedly issue the Chinese yuan-pegged stablecoin, known as CNHT, in the coming weeks.

Business 21 August 2019

Bitfinex ‘disappointed’ as court rules $850M cover-up probe will proceed

Tether issued a statement in response to Monday’s New York State Supreme Court ruling, saying that they are “disappointed” but will file an appeal.

Business 20 August 2019

Bitfinex loses latest round against New York’s Attorney General

Bitfinex’s attempt to assert that New York has no jurisdiction over its operations, since it allegedly doesn’t operate in the U.S., has been rebuked.

Business 14 August 2019

More stolen Bitfinex crypto ‘mysteriously moved’ to new address

More of the SegWitCoin (BTC) stolen from crypto exchange Bitfinex was moved to a new address, sparking fresh speculation over the identity of the hackers behind the theft.

Business 2 August 2019

Bitfinex running out of time with NY Attorney General

Bitfinex have tested everyone’s patience just enough, and their excuses are getting tired.

Business 30 July 2019

Bitfinex, Tether to remain under investigation by New York AG

Cryptocurrency exchange Bitfinex and stablecoin issuer Tether thought they could convince a judge in New York that the state had no jurisdiction over the entities.

Business 24 July 2019

Bitfinex denies claims it services US-based customers

Tether and Bitfinex have argued that the customers indicated by the NYAG were foreign eligible contract participants (ECP) that are allowed to be serviced by the exchange.

Business 15 July 2019

Tether shows its hand by accidentally minting 5 billion USDT

Tether admitted to accidentally creating billions in USDT, but the question is if its always an accident.

Business 11 July 2019

Bank asks Tether to close its accounts

Metropolitan Commercial Bank based in New York has contacted Tether and requested that it close its accounts.

Business 9 July 2019

Tether and Bitfinex not playing by the rules in New York

Tether and Bitfinex have tried to argue for the dismissal of the case because they don’t have anything to do with New York.

Business 3 July 2019

$100M down, $600M to go: Bitfinex partly repays Tether loan

Troubled crypto exchange Bitfinex has confirmed it has repaid $100 million of the money it borrowed from sister company Tether.

Business 1 July 2019

Bitfinex not scrutinizing its IEO offerings properly

Bitfinex, in conjunction with its Ethfinex cryptocurrency exchange, recently introduced a new initial exchange offering (IEO) platform.