Bitfinex’s API is feeding data to CoinMarketCap on a USDT/USD trading pair that doesn’t exist. So what does that $48 million in daily volume mean?
Bitfinex Took 630 Million Tether Out of Circulation After Drop Below $1
Since tether lost parity with the U.S. dollar, its supply has dropped by a quarter as tokens flow back to the issuing company’s “treasury” wallet.
The Delicate Psychology of Stablecoins
Replacing tether’s role in the crypto markets will require an obsession with maintaining transparency and trust.
Tether Floods Into Kraken Exchange, Where Crypto Traders Can Get Dollars
In theory, traders can redeem USDT for dollars with the issuer, Tether Ltd. Instead, they appear to be cashing out through Kraken.
Binance CFO Says Crypto Exchange Looking to Add New Stablecoins
Binance sees stablecoins like tether, and potentially the Gemini Dollar, as “critical for our ecosystem,” the exchange’s chief financial officer says.
Gemini Stablecoin Volume Doubles on Top 10 Exchange Amid Tether Turmoil
The Bibox exchange dominates trading in the Gemini Dollar, the Winklevoss twins’ month-old stablecoin. Its volume surged when tether’s peg broke.
Winklevoss-Backed Stablecoin Soars Above $1 as Tether’s Market Cap Plunges
The Gemini dollar has broken its peg and climbed to a price of $1.19 on Tuesday.
Binance Pauses Tether Withdrawals After Denying Delist Rumor
Binance suspended tether withdrawals Monday after pushing back against rumors that the exchange would delist the stablecoin.
Crypto Exchange OKEx Lists 4 New Stablecoins
Hong Kong-based cryptocurrency exchange OKEx has announced that it is listing four U.S. dollar-pegged cryptocurrencies for trading.
Price of Tether Stablecoin Tanks to 18-Month Low
The price of the tether stablecoin (USDT) has fallen to an 18-month low, despite a general rise in the wider crypto markets.
Crypto Exchange Bitfinex Denies Accusations of Insolvency
Bitfinex has hit back against claims it is insolvent, disclosing wallet addresses appearing to show it holds over $1.5 billion in crypto assets.
Tether’s Impact on Bitcoin Price Not ‘Statistically Significant,’ Study Finds
Issuance of tether (USDT), the controversial stablecoin, has had no meaningful impact on the price of bitcoin, a newly published academic study found.
Swiss Crypto Startup Eidoo Announces Token Tied to the Price of Gold
Eidoo, the multicurrency crypto wallet and decentralized exchange, has announced a new token that’s redeemable for actual gold.
A Top-20 Crypto Exchange Is Replacing Tether With a Rival Stablecoin
Tether, despite questions surrounding its finances, remains the dominant stablecoin. Following a recent announcement, is that starting to change?
Stablecoins Will Do More Than Just Reduce Crypto Price Volatility
Stablecoins will play an important role bridging traditional markets with the programmable financial tools enabled by crypto, argues Abra’s CEO.
IBM Is Helping Launch a Price-Stable Cryptocurrency Insured By the FDIC
The latest attempt to create a crypto pegged to the U.S. dollar, or stablecoin, combines 21st-century technology with an invention from the 1930s.
Tether Hires Former Bank Analyst as Chief Compliance Officer
Tether, the company behind the dollar-tied USDT, has hired a chief compliance officer from the eighth-largest bank in North America.
Tether on Strings? Crypto Debates Fresh Round of Manipulation Claims
An investigative Bloomberg article raising concerns about market manipulation of tether on the Kraken exchange has sparked a social media firestorm.
Tether Code ‘Flaw’ Was Actually an Exchange Integration Error
A suspected vulnerability in Tether’s code for its USDT stablecoin has been confirmed as an exchange integration issue, not a protocol bug.
Bitfinex’s Chief Strategy Officer Leaves Crypto Exchange
Crypto exchange Bitfinex’s chief strategy officer Phil Potter is leaving the firm, Reuters reported Friday.