So-called stablecoin Tether continues to spread its pervasive influence over a digital asset industry that is being increasingly embraced with wide arms and closed eyes across large parts of Latin America.
The Binance digital asset exchange has some explaining to do after blockchain data showed it financially rescuing its supposedly ‘independent’ Binance.US offshoot.
Self-appointed crypto-savior Changpeng "CZ" Zhao has committed the bulging resources of Binance to saving the digital asset industry, from a crisis he helped create. With friends like these…
Cryptogix leveraged social media to offer investments to the public while claiming to provide 100% returns in as little as 90 days, according to the Philippines’ securities regulator.
In June, Sam Bankman-Fried said many 'crypto' companies are secretly insolvent while assuring that his firm, FTX, has enough to cover all client holdings, in contrast to what FTX personnel are claiming.
This week’s dramatic implosion of the FTX exchange continues to disgorge a seemingly nonstop parade of machinations and sordid revelations that threatens to engulf the entire digital asset sector.
U.S. Attorney’s Office for the Southern District of New York (SDNY) had assigned Attorney Damian Williams to kickstart the DoJ’s probe if iFinex committed bank fraud.
Tether has issued a blog post in which the integrity-challenged firm claimed that as of October 12, it had "eliminated commercial paper from its reserves," replacing them with T-Bills.
Friedman LLP practiced improper professional conduct in 2017-18, the same time frame the firm audited Tether, although the U.S. securities regulator didn’t mention the stablecoin.
The order from U.S. District Judge Katherine Polk Failla is part of a case that's been ongoing since 2019, where a group of traders sued Tether and accused it of causing over a trillion dollars' worth of damages.
In this post, Data Finnovation provides convincing evidence from novel on-chain analysis showing how a real digital currency use case works.
A Chinese court has ruled that local companies can’t pay their workers’ wages with USDT (aka Tether) because the government—like everyone else—doesn’t recognize the stablecoin as legitimate.
