Tether (UDST)

Tether is a cryptocurrency token issued on the Bitcoin blockchain. According to the Tether team, each USDT is backed by one US Dollar. The goal is to facilitate transactions with a rate fixed to the USD.

Amongst other things, Tether looks to fix some of the legal issues which can arise when trading cryptocurrencies and it aims to protect people from market volatility.

Tether has faced constant scrutiny over the years, in particular with regards to whether or not their currency is truly backed by USD.

CipherTrace provides assist for BNB and Binance Chain to hint these for potential cash...

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Blockchain analytics agency CipherTrace has added assist for cyptocurrency alternate Binance’s native token BNB and native public blockchain community Binance Chain, in line...

A single whale on Bitfinex probably manipulated bitcoin’s historic surge in 2017, say teachers

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A single market whale on cryptocurrency change Bitfinex probably manipulated bitcoin’s historic surge of over 2,000% in 2017, in line with two U.S....
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OKEx Launches Crypto Futures Settled in Tether Stablecoin

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Cryptocurrency change OKEx is to launch a variety of cryptocurrency-based futures...
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Binance Hikes Leverage to 125x for Launch of Bitcoin-Tether Futures

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Binance’s futures alternate is elevating leverage to 125x with the launch...
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Huobi launching fiat-to-crypto gateway in Turkey later this 12 months

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Cryptocurrency alternate Huobi International will quickly permit residents of Turkey to purchase cryptocurrencies with their native fiat foreign money, the Turkish lira. Huobi introduced...
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Binance will increase leverage as much as 125x for its futures buying and selling...

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Cryptocurrency trade Binance’s futures buying and selling platform, Binance Futures, has simply elevated leverage as much as 125 occasions from 20 occasions earlier. Asserting...
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CipherTrace adds support for over 700 crypto assets, including bitcoin cash, ether and tether

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Blockchain analytics agency CipherTrace has added assist for over 700 digital belongings, together with bitcoin money (BCH), ether (ETH), litecoin (LTC) and stablecoin...
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Bitfinex Doesn’t Have to Compile Documents During Appeal, Judge Says

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A New York choose has rejected a New York Lawyer Normal’s...
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Fear and Loathing on the Blockchain: Leibowitz et al. v. iFinex et al.

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Leibowitz et al. v. iFinex et al., case 1:19-cv-09236, U.S. District Court docket, S.D.N.Y. There is a passage in Hunter S. Thompson's Concern & Loathing...
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Addressing the Tether apologists

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A category-action lawsuit was filed yesterday towards Bitfinex and Tether alleging over $1.four trillion in damages for defrauding traders, manipulating markets, and concealing...
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Crypto Traders’ Lawsuit Claims Bitfinex, Tether Cost Market Over $1 Trillion

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A brand new lawsuit claims crypto alternate Bitfinex and its sister...
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NYAG to Court: Don’t Let Bitfinex Keep Stonewalling Our Investigation

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Bitfinex could also be having fun with a break from having...
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Why Ethereum Briefly Overtook Bitcoin in Daily Transaction Fees

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Ethereum transaction charges are again on the rise and gaining parity...
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Bitfinex Can Stop Turning Over Documents to NYAG, Court Rules

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Bitfinex doesn't have to proceed turning over paperwork to the New...
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Why Tether Volume Is at All-Time Highs

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A yr after China banned native fiat on-ramps for crypto exchanges,...
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Tether to Issue Stablecoin Backed by Yuan in Belgian Bank: Insider

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Tether is planning to difficulty a stablecoin pegged to the Chinese...
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Tether to Issue Stablecoin Backed by Yuan in Belgian Bank: Insider

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Tether is planning to subject a stablecoin pegged to the Chinese...
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New York Supreme Court Denies Bitfinex’s Lack-of-Jurisdiction Claim

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Replace (09:40 UTC, Aug. 20 2019): Bitfinex (iFinex) and Tether are interesting...
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NYAG Pushes Back on Bitfinex’s Claim That State’s Investigation Is Burdensome

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Stop whining, Bitfinex. That’s the message of the most recent courtroom submitting...
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$500K, 60 Lawyers: Filing Reveals Costs of Bitfinex’s Fight With NY Regulators

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Bitfinex and Tether have spent half 1,000,000 {dollars} simply on discovering...
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Tether Stablecoin Launches on Blockstream’s Liquid Sidechain

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A brand new model of the broadly used however controversial stablecoin...
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Judge Punts on Decision in New York Case Against Bitfinex and Tether

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A New York choose has punted on deciding whether or not...
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How US Investors Are Buying Bitfinex’s Blocked LEO Cryptocurrency

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U.S. buyers have been in a position to buy Bitfinex’s LEO...
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Bitfinex: ‘New York Customers’ Cited by NYAG Are Foreign Entities

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Arguments that Bitfinex and Tether served New York residents by means...
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Tether Accidentally Minted $5 Billion of Its Stablecoins, Then Deleted Them

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Stablecoin issuer Tether by accident created $5 billion-worth of its USDT stablecoin...
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Metropolitan Bank Says It Shut Down Tether’s Account After 5 Months

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Metropolitan Business Financial institution maintained accounts for stablecoin issuer Tether and...
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NYAG: Bitfinex, Tether Served New York Residents Longer Than They Claim

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The New York Legal professional Common’s Workplace (NYAG) has submitted new...
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Bitfinex Repays Tether $100 Million of $700 Million Loan

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Crypto trade Bitfinex stated Tuesday that it had begun repaying a...
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Tether – New York Court Grants Tether’s Motion to Modify Injunction

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Right this moment, the Hon. Joel M. Cohen of the New York Supreme Court docket (Business Division) granted our movement to change the...
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Tether – Tether Responds to New York Attorney General’s Actions

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Earlier in the present day, the New York Lawyer Normal’s workplace launched an order it obtained – with out discover or a listening...
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