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 8 August 2019

New research shows how Tether whales manipulate the market

80% of all USDT Is held by just over 300 people, and that can cause a lot of havoc on the dark coin markets.

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 28 June 2019

Bitfinex/Tether could be behind the recent crypto run

The Bitcoin Core (BTC) recent market rallies that jump from $7,000 to $12,000 in less than a week stir questions and surface the Tether-linked involvement in 2017.

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 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.