Oops! Tether ‘Accidentally’ Created $5 Billion in Crypto Out of Thin Air
Due to human error and fat fingers, Tether accidentally printed $5 billion of its fiat-pegged cryptocurrency out of thin air. ...
Tag: Tether
Best of Bitcoin & Tether Combined? 10 Libra Whitepaper Takeaways
Facebook's Libra cryptocurrency whitepaper dropped this week, sending shockwaves through the Bitcoin and altcoin community. Is Libra the thing that ...
Binance’s New Stablecoin is a Serious Threat to Tether’s Dominance
By CCN: According to Wei Zhou, the chief financial officer at Binance, the most widely utilized crypto asset trading platform ...
China Dominates Stablecoin Crypto Appetite with Over 50% of Global Trading
By CCN: Chinese trading and stablecoin volume account for over half of the transactions sent and received by known parties, ...
Bitfinex Claims Victory as Supreme Court Gives Nod to Exchange & Tether
By CCN: The New York Supreme Court has ruled that the scope of the Attorney General’s investigation into Bitfinex and ...
Wall Street Bitcoin Traders DGAF About Tether’s Massive Scandal
By CCN: Wall Street bitcoin traders clearly DGAF about the Tether/Bitfinex scandal. As crypto investment firm HASH CIB noted on ...
Coinbase Goes for Tether’s Throat, Catapults USD Coin Into 85 Countries
By CCN: Given the widely publicized troubles faced by Tether (USDT), there is a massive opportunity for a competitor to ...
‘Trustworthy’ Bitcoin Exchange That Hid $850 Million Loss Raises $1 Billion
By CCN: Bitfinex CTO Paolo Ardoino told Twitter that the firm was able to raise $1 billion in USDT within ...
Joseph Lubin: Tether’s Rivals to Gain Traction amid Bitfinex ‘Mess’
By CCN: The Bitfinex “mess” won't be resolved anytime soon, charged Ethereum co-founder Joseph Lubin. His comments, which came on ...
Bitcoin Traders Don’t Give a F**k About Tether’s Black Swan Scandal
By CCN: After New York alleged that industry giant Bitfinex had potentially committed fraud with its handling of the Tether ...
Chinese Crypto Exchanges List Bitfinex Token Futures after $850 Million Tether Scandal
By CCN.com: According to Zirui Zhang, the head of business development at Neutral Project, a stablecoin backed by Sequoia Capital, ...
US Crypto Scammers’ Run Reveals Tether Links in Massive Multi-Million Shadow Banking Fraud
By CCN.com: The U.S. Justice Department has nabbed one of two crypto fraudsters accused of a shadow banks scheme that ...
Tether Lawyer Shocker: Only 74% Backed by Cash, How Will Bitcoin React?
By CCN.com: According to an affidavit filed with the Supreme Court of the State of New York by Stuart Hoegner, ...
Billionaire Bitfinex Shareholder Hints at Exchange Token after $850 Million Tether Scandal
By CCN.com: According to a statement released by Dong Zhao on Weibo, a billionaire investor in Bitfinex and a widely ...
$850 Million Bitfinex Bombshell Disproves Crazy Bitcoin Conspiracy
By CCN: ShapeShift CEO Erik Voorhees made a valid observation on Twitter today, pointing out that there’s some degree of ...
Bitfinex, Tether Clap Back at NY Attorney General in Coordinated Defense
By CCN: Within a day of learning it had to cease operating in New York, Bitfinex issued a rebuttal desperately ...
Crypto Market Bleeds $8 Billion Wipeout in Minutes but Bitcoin Recovers Swiftly
By CCN.com: The valuation of the crypto market dropped by $8 billion in a matter of minutes after the office ...
Breaking: NY AG Alleges Bitcoin Exchange Misused Tether to Hide $850M
By CCN: The office of New York Attorney General Letitia James has officially obtained a court order to request iFinex ...
Sexy Stablecoins Are the ‘Bridge’ to Mainstream Crypto Adoption
By CCN: Stablecoins on the surface might seem boring. After all, most don't come with the volatility that's inherent with ...
We Can’t Count on Fiat Forever – Here’s How Crypto Can Help
As I write this, one dollar is worth .89 Euros, 110.8 Japanese Yen, and .77 British Pounds, but the exchange ...
Coinbase-Backed Stablecoin Claims Rivals Deceptively Pump Market Caps
Touted as the next big thing in crypto, stablecoins promise investors volatility-proof exposure to decentralized assets, but insiders say that ...
Exclusive: Tether Claims ‘100% USD-Backed’ But Crypto Community Remains Skeptical
On Wednesday, investors in Tether, the most dominant stablecoin in the crypto market, pointed out a change in the stablecoin’s ...
Maybe Tether Doesn’t Plan to Quit the Stablecoin Market After All
Tether announced today that it’s issuing USDT on the TRON blockchain. As Tether writes in its own blog post on ...
Crypto Bloodbath Vaults Tether to 4th in Market Cap Rankings
With a roughly 10% increase to its market capitalization, Tether (USDT) has shifted to the fourth slot in the crypto ...
Ron Paul Pledges Allegiance to Bitcoin, Calls Crypto a ‘Great Idea’
In the early days of Bitcoin, there was a lot of crossover between the wider libertarian community led by Ron...
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