Business 22 May 2019

Tether’s treasury moves a serious amount of funds

The Tether's moved of $5 million funds from its treasury to an unknown wallet, prompting questions about the company's activities.

Business 17 May 2019

Crypto exchanges see more output than input

Where there was once a significant amount of inflow and relatively little outflow, the two have flip-flopped in recent days, with more outflow than inflow being recorded.

Business 15 May 2019

Bitfinex, Tether turn to court for funds restrictions reprieve

IFinex Inc. has asked courts to consider loosening restrictions on how its Tether funds can be used, amid ongoing probe by the New York Attorney General.

Business 9 May 2019

New Bitfinex whitepaper confirms initial exchange offering token

Troubled cryptocurrency exchange Bitfinex has published the whitepaper for its Initial Exchange Offering, confirming plans to raise up to $1 billion from the token issue.

Business 6 May 2019

Bitfinex, Tether debacle is far from over

The NYSAG has requested that Bitfinex turn over documents related to a loan Tether made to the crypto exchange.

Business 26 April 2019

NY cracks down on Bitfinex’s alleged cover-up of $851M loss with Tether funds

To secretly cover up the “apparent loss,” Bitfinex and Tether’s parent company allegedly engaged in transactions that resulted in Bitfinex gaining access to $900 million of Tether’s USDT stablecoin cash reserves.

Business 17 April 2019

Blockchain startup files with SEC for treasury bond-backed stablecoin

Digital asset manager Arca filed a prospectus with the SEC, covering a fund with tokenized shares, to be made available to investors through a public listing.

Business 18 March 2019

Crypto czar thinks startups should ask for permission, not forgiveness

The U.S. securities regulator has been tightlipped about cryptocurrency regulation, but apparently, even stablecoins might come with their own concerns, according to SEC advisor for digital assets Valerie Szczepanik.

Business 15 March 2019

Tether, the USD-pegged coin that’s no longer backed by USD

Ever since it was first introduced, there have been questions about the legitimacy of the Tether (USDT) stablecoin.

Business 1 March 2019

Facebook shopping its crypto to exchanges: report

Facebook is preparing to introduce its stablecoin to its messaging services, according to reports.

Business 22 February 2019

Brazilian investment bank to issue $15M security token offering

Banco BTG Pactual announced plans for the security token, which will be backed by distressed real estate.

Business 5 February 2019

New regulations for Venezuela crypto scene amid civil strife

Venezula has revealed new requirements for exchange platforms and miners. Those businesses will now have to register with a superintend body of crypto-related activities, named Sunacrip, and adhere to new regulations.