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 7 December 2018

Tether continues to lose market dominance

Tether may currently be stable and may have seen its value return to be even with the US dollar, but this may not last long.

Business 21 November 2018

Was Tether used to prop up BTC? US wants to know

The U.S. Department of Justice (DOJ) has cast fresh doubt on whether BTC was ever worth as much as its market price, after identifying irregularities that suggest market manipulation.

Business 8 November 2018

Tether’s new banking partner already in hot water

According to media outlet, Brazil’s Deltec Bank & Trust may have been involved in a large money-laundering scheme that involves a Brazilian government official.

Business 8 October 2018

Bitfinex denies insolvency allegations

Crypto exchange Bitfinex responds to rumors about its financial situation, showing it still has billions in cryptocurrency reserves.

Business 2 October 2018

Tether bank ‘desperate for cash’: report

The financial institution backing the stablecoin Tether is in dire need of funds, according to reports. And if it doesn’t get cash soon, Tether might be in unstable position.

Business 19 September 2018

$1 billion fund founders to launch Japanese yen-pegged stablecoin

The founders of a $1 billion blockchain fund backed by the government of Hangzhou in China have announced plans for a new project that will launch a stablecoin backed by Japanese yen.

Business 2 July 2018

Kraken slings back market manipulation claims on Bloomberg

After being accused of manipulation, Kraken turned the table on Bloomberg, saying their FUD article was suspiciously released on the end of the Q2 for trading—when several futures contracts expire.

Business 2 July 2018

Double-spend bug, ‘wash’ trading: More controversies hound Tether

Red flags have been raised yet again concerning 'stablecoin' Tether. This time, analysts have issued warnings against a potential double-spend bug as well as a possible case of price manipulation.

Business 14 June 2018

Price manipulation campaign inflated BTC price in 2017, research finds

New research has confirmed the BTC market was manipulated in the run up to its all-time highs in 2017, accounting for as much as 50% of the price growth over the period.​

Business 8 June 2018

US regulator junks FOIA request for Bitfinex, Tether subpoenas: report

The U.S. Commodity Futures Trading Commission reportedly rejected an FOIA request for the subpoenas that were allegedly issued to cryptocurrency exchange Bitfinex and ‘stablecoin’ Tether.

Business 21 May 2018

Tether issues another $250M worth of new USDT tokens

Tether, which trades at around 1:1 with the U.S. dollar, has just printed a quarter of a billion USDT tokens, according to the Omni Explorer.