Criptos News

Cryptocurrency pundits explain how the Tether decision provides clarity to the Bitcoin industry….

Continue reading on https://decrypt.co/58753/tether-ruling-a-positive-step-for-bitcoin-industry-say-experts

A TL;DR for the resolution of one of crypto’s highest-profile cases….

Continue reading on https://decrypt.co/58793/tether-bitfinex-settlement-takeaways

Source: iStock/standret, Cryptonews.com Major crypto exchange Bitfinex and Tether, the issuer of the most popular stablecoin, tether (USDT), said they have reached a settlement of legal proceedings with the New York Attorney General’s Office (AOG). However, both companies are banned from offering trading services in New York, while Tether is obliged to disclose how tethers are backed in more…

Source: iStock/standret, Cryptonews.com Major crypto exchange Bitfinex and Tether, the issuer of the most popular stablecoin, tether (USDT), said they have reached a settlement of legal proceedings with the New York Attorney General’s Office. "After 2.5 years and 2.5m pages of info shared, we admit to no wrongdoing and will pay USD 18.5m to resolve this matter," the exchange said…

The NYAG is requiring that Bitfinex and Tether stop operating in New York, according to a statement….

Continue reading on https://decrypt.co/58719/bitfinex-tether-must-stop-trading-in-new-york-and-pay-18-5-million-fine

This week, the average 7-day moving crypto market sentiment score (sentscore) for ten major coins remains positive at 6.25 out of 10, but it is slightly lower compared to the previous week’s 6.43, according to crypto market sentiment analysis site Omenics data. The top cryptocurrency - bitcoin (BTC), remains the only coin with a very positive market sentiment score of…

Bitcoin price started a short-term downside correction from the USD 52,750 all-time high. BTC declined below USD 52,000 and USD 51,500. However, the bulls were active and the price is currently (05:00 UTC) trading well above the USD 50,500 support zone. Besides, there were mostly positive moves in most major altcoins. ETH/USD climbed above USD 1,925 and traded to a new all-time high at USD 1,950…

A government-owned entity in Dubai has started accepting bitcoin, ether and tether as payment for its services, according to local media reports. Kiklabb is a free trade zone that helps companies set up shop in Dubai, a wealthy city and emirate in the United Arab Emirates (UAE). Kiklabb issues trade and other licenses as well […]…

Tether, the most popular stablecoin, has topped $30 billion in market cap amid a surge of growing institutional interest in Bitcoin….

Continue reading on https://decrypt.co/57301/tether-now-has-a-30-billion-market-cap

Centralization to the rescue again?…

Continue reading on https://decrypt.co/56779/tether-freezes-profits-yearn-finance-hack