Tag Archives for " Tether "

Tether and Bitfinex face U.S. regulatory scrutiny, according to reports

Reuters Bitcoin under pressure as regulators ramp up oversight of altcoins. The Commodity Futures Trading Commission sent subpoenas last month to the largest cryptocurrency exchange Bitfinex and sister company Tether, according to reports. Tether Limited, says mints coins that are pegged one-to-one to U.S. dollars, and according to its own ‘transparency report’ it has about […]

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U.S. Regulators Send Tether and Bitfinex Subpoenas

News There’s been a lot of discussion and controversy surrounding Tether (USDT) a digital asset that claims to be backed by the U.S. dollar. Now according to reports, the U.S. Commodity Futures Trading Commission has subpoenaed the cryptocurrency exchange Bitfinex and the company Tether for unknown reasons. Also Read: Analyst: IOTA Sharply Overvalued Due to […]

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Why Bitfinex, Tether are raising nagging questions in the cryptocurrency market

Tether, a cryptocurrency that claims to be backed by hard cash, is in the spotlight after reports that the Commodity Futures Trading Commission last month subpoenaed documents from the digital-asset platform. Tether and its sister company Bitfinex have been raising eyebrows within the digital-currency community, as critics question the accuracy behind assertions that every tether […]

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This Week in Bitcoin: Japan Gets Goxxed and Iota Gets Into a Tangle

News For the first time in forever, this week in bitcoin was strangely subdued. No major price movements, no regulatory crackdowns and no Tether collapse. Iota got into a bit of a pickle and then blamed everyone else, as Iota is apt to do, but that’s all. Everything was uneventfully ticking over, right up until […]

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Singapore Mall Sells Cryptocurrency Mining Hardware

Mining Cryptocurrency miners in Singapore can now buy their rigs pre-assembled right at the mall as more retail computer hardware shops enter this booming market. This is another strong sign of how retailers are diversifying away from their traditional costumers such as PC gamers, all due to the allure of cryptocurrency earnings. Also Read: Dr. […]

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University College London Fights CV Fraud via Bitcoin Verification

Services Imagine getting treated by a doctor with a fake diploma, or losing a job to another candidate who faked his resume. Unfortunately, such cases are all too prevalent these days in various parts of the world where proper documentation verification is too cumbersome or too costly. However, bitcoin might provide the answer to making […]

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Markets Update: Cryptocurrencies Try to Regain Strength After the Recent Dip

Market Updates A vast majority of cryptocurrencies were suffering from losses yesterday after last weekend’s recent spikes in value. Bitcoin core (BTC) prices have dropped since touching the $13K zone back down to the $10K region while most of the digital asset markets were also down yesterday are up now. At the moment BTC has […]

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Markets Update: Cryptocurrency Prices Rebound But Uncertainty Still Lingers

Market Updates After the past few weeks of bearish market sentiment within the cryptocurrency economy, a wide variety of digital assets are starting to gain higher values. BTC/USD markets have hit a 24-hour high of $13,050 on January 20, after slowing creeping upwards from the low $10K range. Overall nearly every token market is up […]

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Tether Printing Press In High Gear, Issuing $400 Million in Four Days

Markets and Prices Bitcoin has had a rocky week to say the least. At its lowest point, the cryptocurrency dipped to $9,200 before a rising green candle sent it scurrying back into the safety of five figures. That candle was sparked by the release of $100m worth of tethers – surrogate US dollars – and […]

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Japan’s Largest Bank to Launch Cryptocurrency Exchange

Finance As bitcoin trading becomes the new mainstream in Japan, leading financial firms are stepping in to offer services to preserve their market share. MUFG, the largest bank in the country, is now planning to launch its own exchange, a pegged cryptocurrency and bitcoin segregated accounts for clients of other exchanges. Also Read: Some UK […]

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