Tether Use on Tron Passes Ethereum as Low Fees Attract Small Transactions
Tron USDT volume eclipses Ethereum for the third consecutive week.
Huobi lists 75x margined IOST/USDT swap
Today, cryptocurrency exchange Huobi launched IOST/USDT margined swaps, deposits, and all transactions are now enabled supporting 1x to 75x leverage. IOST is the 50th token in this contract, which also includes leading tokens such as BTC and ETH. The newly launched IOST/USDT contract is a long perpetual contract, with the following features: Stablecoin (USDT) as […]
Tether and Bitfinex seek further 30 days to produce critical trial documents
iFinex Inc needs another 30 days to produce trial documents for the New York Attorney General. iFinex Inc — the parent company of crypto exchange Bitfinex and stablecoin issuer Tether (USDT) — has written to the New York Supreme Court requesting that its upcoming trial date be pushed back even further. According to a filing […]
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Publisher of ‘Infinite Fleet’ Game Kicks Off Token Offering With $1M Tether Investment
The security token offering enables investors in select EU countries to share in future profits, Exordium says.
Infinite Fleet publisher launches STO led by $1M investment from Tether
Unlike most blockchain gaming fundraises, this one offers equity in the company and future profit-sharing. Exordium, the publisher of the upcoming sci-fi strategy game Infinite Fleet, has announced a public security token offering, or STO, on the STOKR platform, starting Jan. 18. The $8 million sale to raise funds for the long-touted blockchain-powered MMO (or […]
Blockchain Bites: Coinbase Wants to Crowdsource Asset Listings; What’s Up With Tether’s Bank?
Deltec invested some clients’ funds in bitcoin, but not Tether’s, the bank confirms. So what exactly is backing tether?
Tether’s Bank Says It Invests Customer Funds in Bitcoin
Deltec, Tether’s Bahamas-based bank, announced Thursday it was investing customer funds in bitcoin. The announcement, made by Deltec Bank & Trust Chief Investment Officer Hugo Rogers during a year-in-review video, raises new questions about whether the dollar-pegged USDT stablecoin, which is in theory backed by cash and “cash equivalents,” as well as “other assets and […]
What does the January 15 deadline hold for Tether, the world’s biggest stablecoin
Tomorrow is an important date for the issuers of Tether, a USD-pegged stablecoin. But what does it mean? Tether, the crypto heartbeat Tether Limited, the company behind the widely-used Tether (USDT) stablecoin, will submit several documents explaining its legality to the New York Prosecutor’s Office tomorrow, Jan. 15, before the deadline expires. It is believed […]
The Issuer of Tether (USDT) May Get Audited in 2021 (BTC Manager)
In a podcast hosted by Peter McCormack, Stuart Hoegner, the General Counsel of Bitfinex—an exchange closely related with Tether Limited, revealed that the official issuer of the USDT stablecoin, Tether Limited, might get audited. Assets backing the token could, therefore, be revealed at an unspecified time in 2021. Joining him was Paolo Ardoino, the CTO […]