Latest news about blockchain and cryptocurrencies
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Exhanges news Bitfinex said that, in January, it repaid the remaining balance of USD 550m of the outstanding revolving loan facility to its sister company Tether, the issuer of the most popular stablecoin, tether (USDT)….
Read more →There’s a shift of tether (USDT) activity from the Ethereum (ETH) to the Tron (TRX) version, while the ETH version still has much higher daily transfer value, according to crypto intelligence firm Coin Metrics. Since 2021 started, stablecoin daily active addresses have reached new highs, said the firm, and tether remains the most dominant stablecoin by most measures and…
Read more →The final week of January passed without any major movements in the market sentiment in either direction. The combined moving 7-day average crypto market sentiment score (sentscore) for the 10 major coins saw a small rise from 5.77 recorded last week to 5.8 today, according to crypto market sentiment analysis service Omenics. This pretty much puts it where it was two weeks…
Read more →During the last two months, tether transactions have spiked considerably. More recently, however, USDT transactions on the Tron network have outpaced the number of tether transfers on the Ethereum blockchain. Despite a whole lot more ERC20-based tethers in the wild, the minted stablecoin using the TRC20 standard has seen a much larger transaction count all […]…
Read more →Transactions using Tether dollar-pegged stablecoins on the TRON blockchain are outpacing those on Ethereum….
Continue reading on https://decrypt.co/55082/tether-users-flee-to-tron-from-ethereum-amid-high-fees
Read more →Tether (USDT) stablecoins are fully backed by US dollars and “that is not a secret,” said the deputy CEO of Bahamas-based bank Deltec….
Continue reading on https://decrypt.co/55042/tether-is-fully-backed-by-us-dollars-says-deltec-deputy-ceo
Read more →Tether (USDT) stablecoins are fully backed by US dollars and “that is not a secret,” said the deputy CEO of Bahamas-based bank Deltec….
Continue reading on https://decrypt.co/55042/tether-is-fully-backed-by-us-dollars-says-deltec-deputy-ceo
Read more →Tether and Bitfinex have produced millions of documents but claim they need more time to produce additional papers….
Continue reading on https://decrypt.co/54715/tether-produces-more-than-2-5-million-documents-to-nyag
Read more →Court filings by David Leibowitz et al., Eric Young et al., and Bryan Faubus et al., accuse Tether and Bitfinex of creating “the largest bubble in human history” after they allegedly manipulated the crypto market out of up to US$1.4 trillion. All three cases were brought against the companies off the back of longstanding claims that Tether essentially printed billions of dollars worth of digital tokens in order to inflate prices and …
Read more →Hong Kong police are investigating the second incident in the year involving an offline cryptocurrency transaction. A female trader is reportedly the latest victim of robbers who stole her HKD 3.5 million ($451,000) worth in tether (USDT) tokens. One of the Robbers Gained Female’s Trust by Performing Three Successful Transactions According to the South China […]…
Read more →