Search
Tether Hits Back at 'Outlandish' Report as USDT 'Mystery' Continues
8.10.2021
lecoin-tether">report that it claimed was full of “outlandish anecdotes” and “character assassination.”Tether has previously claimed to have drawn a line under the matter of whether or not it actually has the funds it says underpins the USD-pegged token by publishing results of an “audit
Tether fires back against report it is using reserves for investments and making crypto-backed loans
7.10.2021
"If those loans fail, even a small percentage of them, one Tether would become worth less than $1," said Bloomberg reporter Zeke Faux
Tether scores win in class action case as court dismisses RICO claims
29.9.2021
"Litigation will expose this case for what it is: a clumsy attempt at a money grab, which recklessly harms the whole cryptocurrency ecosystem," said Tether
Bitfinex paid a colossal $23M fee to send $100K of USDT
27.9.2021
In what is presumed as a technical error, popular crypto exchange Bitfinex have paid a seismic $23.7 million dollars in gas fee for a comparatively nominal $100K transaction
SEC Denies Freedom of Information Act Request Concerning Tether Documents
26.9.2021
On September 24, the staff writer for The New Republic, Jacob Silverman, tweeted about a Freedom of Information Act (FOIA) request he filed that was ultimately denied. On the social media platform, Silverman wrote that he got Securities and Exchange Commission (SEC) responses to his FOIA requests...
Crypto Market Dives as China Continues Crackdown, Singles out Tether & Foreign Platforms
24.9.2021
ment.The crypto market dived following the news. Bitcoin (BTC) dropped by 5% in an hour, hitting USD 43,234 (09:42 UTC), while ethereum (ETH) lost more than 7% of its value, moving below USD 2,900. Other major altcoins dropped by 6%-9%.In a
Evergrande: Buy the dip or bail? Pundits weigh in
22.9.2021
Marty Bent, the co-founder of Bitcoin mining firm Great American Mining, is glad to be hodling Bitcoin as uncertainty hangs over the legacy financial system
Valuation of Stablecoin DAI Market Swells — DAI Market Cap Increased More Than 800% in 12 Months
18.9.2021
Recently Bitcoin.com News covered the stablecoin tether and how the crypto asset’s market valuation jumped more than 1,500% in just over 500 days. In addition to this exponential increase, the decentralized stablecoin DAI’s market capitalization has also swelled significantly...
Treasury plots stablecoin crackdown even as Tether’s dominance wanes
17.9.2021
While Tether’s dominance has fallen to 56%, USDC and BUSD have surged to 23.9% and 10.4% respectively
Ethereum After 1559: Network Participants Burn Over 300,000 Ether Worth More Than $1 Billion
16.9.2021
On August 5, 2021, the Ethereum network and its participants successfully completed the highly anticipated London upgrade, which saw the implementation of the Ethereum Improvement Proposal (EIP)-1559. Since then, 303,681 ether worth more than a billion U.S. dollars have been burned. More Than 300K...
Does Evergrande’s $300B debt crisis pose systemic risk to crypto industry?
16.9.2021
As onlookers predict top Chinese property developer and commercial paper issuer Evergrande will default, some analysts believe the firm poses systemic risks to crypto
Solana Block Production Stalls for Hours, SOL Holders Unable to Transact, Validators Deploy a Fix
14.9.2021
According to reports on social media, crypto forums, onchain metrics, and the Solana Status Twitter account indicate that Solana’s blockchain has stalled. Solana mainnet-beta suffered a four-hour downtime and is still down after a technical glitch. Solana’s Network Stalls In recent...
Tether’s 1,500% Market Cap Increase in 500 Days — USDT Stablecoin Market Nears $70 Billion
10.9.2021
The stablecoin giant tether is by far the largest dollar-pegged crypto asset in the crypto economy and today, the number of tethers in circulation is nearing $70 billion. 90 days ago on June 12, 2021, the number of tethers in circulation was around 63 billion tokens and the supply has swelled...
Solana Knocks XRP Down a Notch, SOL Taps Another All-Time High Rising More Than 400% in 30 Days
9.9.2021
The cryptocurrency solana reached another all-time high on September 9 at $213 per coin. The digital currency’s market valuation has swelled significantly, pushing dogecoin from its position in the top ten last week. Today, solana’s crypto market capitalization has managed to surpass...
Which stablecoins were actually 'stable' during this week's sudden Bitcoin price crash?
9.9.2021
Crypto traders flocked to the safety of stablecoins during the Sept. 7 market crash
Taiwan police arrest 14 suspects for scamming over 100 crypto investors
7.9.2021
The Criminal Investigation Bureau has charged the suspects with fraud, money laundering and breaches of the Organized Crime Prevention Act
Sen. Elizabeth Warren calls crypto the ‘new shadow bank‘
6.9.2021
The Massachusetts senator said that it’s “worth considering” banning U.S. banks from holding the reserves to back private stablecoins
Bitcoin Market Dominance Dips Down to 40% While Ethereum and Other Crypto Market Caps Swell
5.9.2021
While bitcoin prices have risen in value during the last two weeks, bitcoin dominance levels have slipped to lows not seen since the June 6 low of 41%, and the dip to 39.97% on May 16, 2021. Depending on the crypto market price aggregator leveraged, bitcoin’s dominance has been between...
From $250 Billion to $2.35 Trillion: A Look at the Top Ten Crypto Market Cap Shifts Over 2 Years
3.9.2021
While the crypto economy is worth more than $2.35 trillion, there’s a variety of new cryptocurrencies that have claimed top ten positions, in terms of market capitalization, in recent times. Two years ago, the top ten crypto assets by market cap looked a lot different than today, and things...
Tether Frozen in Poly Hack Returned to Owners, Fuelling Centralization Debate
26.8.2021
The tether (USDT) that was frozen by its issuer Tether during the recent Poly Network hack have been returned to their rightful owners, Tether announced. However, this has raised concerns that this particular part of the cryptocurrency space is not as decentralized as it claims to be.
On Wednesday...