BTC-Tether relationship: How long can it last?
It's time to take another look at USDT, the USD-pegged "stablecoin" otherwise known as Tether.
Latest Tether News
Tether fires up money printer as supply jumps 37% in a day
Tether’s supply increased by over 37% on May 13, with USDT’s market cap jumping to $8.7 billion in seconds as new money was printed.
Did Tether just print $120 million new USDT?
Given the concern regarding Tether actually being fully backed, the event seems counter-intuitive to what is supposed to be the nature of Bitcoin.
Bitfinex repays part of Tether loan, but has to deal with new problem
$200 million of the $700-million loan have now been paid, but a DDoS attack has cramped the exchange’s operations.
This week in crypto; a look at some of the highlights
A review of some of the top stories in the crypto space throughout the past week
Class-action lawsuits against Bitfinex/Tether could merge
Three different lawsuits accusing the companies of price manipulation could join forces.
Bitfinex, Tether manipulation lawsuit moves forward
The plaintiffs suing Bitfinex and Tether for manipulating values have updated their lawsuit.
NYAG calls Bitfinex and Tether ‘perverse’
Cryptocurrency exchange Bitfinex, along with stablecoin provider Tether, have been pulling out all the tricks it can to try to prevent an investigation against them by the New York Attorney General’s Office (NYAGO) to proceed.
Plaintiffs refuse to amend Bitfinex BTC price manipulation lawsuit
Tether-linked exchange Bitfinex was dealt a fresh blow after plaintiffs in a class action lawsuit refused to amend their complaint of BTC price manipulation.
Bitfinex to face yet another lawsuit over questionable activity
The Bitfinex cryptocurrency exchange, already involved in one class-action lawsuit, will now have to defend itself against another one.
Tether attempts to get ‘frivolous’ class-action lawsuit thrown out
Tether doesn’t believe there’s any merit to the accusation that it helped create the “largest bubble in history” and rejects claims that it has manipulated the cryptocurrency market in any way.
Tether responds to ‘flawed’ paper
There have been allegations circulating for more than two years that BTC’s price is directly attributable to movements of Tether’s stablecoin, USDT.