Tag Archives for " Tether "

Altcoin Flash-Crashes and Leaked Report to Shareholders Renews Concerns Surrounding Bitfinex

Markets and Prices All eyes have been on Bitfinex in recent days, with the exchange experiencing dramatic flash crashes on select altcoin markets after having been the subject of a distributed denial-of-service (DDoS) attack last week. A quarterly shareholder update from the company has also been leaked, evidencing that Bitfinex is one of the major […]

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Markets Update: Bitcoin Bulls Set Their Sites for the $10,000 Target

Markets and Prices The price of bitcoin has grown significantly since our last price report when BTC surpassed US$9,000 per token. Now the cryptocurrency is setting its sites on the $10,000 target just two days later as the price has been hovering around $9,850-9,950 over the past six hours. Bitcoin has already touched the $10K […]

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Bitcoin Cash Sees Significant Support and Adoption Over Four Months

Emerging Markets The Bitcoin Cash (BCH) network is almost four months old from when it split away from the legacy chain on August 1. Since then the protocol, community, and infrastructure has grown significantly since the decentralized currency’s network was released into the wild. See also: Questions Mount as Bitfinex Stay Silent in the Wake of […]

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Exchanges Suspend USDT Transactions After $30 Million Tether Treasury Wallet Hack

Altcoins The company behind the controversial Tether altcoin has revealed a few hours ago that it suffered a cyber attack in which the alleged hacker made off with over $30 million worth of USDT. The company also announced some steps to rectify the situation, including one that is effectively a temporary hard fork, leading exchanges […]

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Five Countries Where Bitcoin is Illegal

Emerging Markets To those who understand it, bitcoin is a blessing, but not everyone shares that sentiment. From scaremongering CEOs to entrenched central bankers, bitcoin’s list of detractors runs long and deep. Elected officials reserve particular ire for bitcoin however, with leaders across the globe weighing in. While most governments seek regulation, others have gone […]

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Markets Update: Cryptocurrencies See Volatile Prices After Canceled Fork

Markets and Prices The price of bitcoin (BTC) has been on a bearish run over the past 72 hours, after reaching $7,900 the day the Segwit2x fork was ”canceled”. Since then bitcoin’s market cap has shaved off over $20B, and the price per BTC is hovering just above the $6,500 range. Moreover, while bitcoin has […]

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Total Supply of Tethers Increases By 20% in One Week

News The controversy surrounding the correlation between the release of new Tethers (USDT) and dramatic price spikes led by Bitfinex trading continues. 20 million new USDT were released shortly before a single market buy of approximately $13.5 million USD worth of bitcoin was executed on the 8th of November. The sudden spike in buying pressure […]

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Russian Entrepreneur Files for Trademarks on Vodka Brands “Bitcoin” and “Ethereum”

News Russian native and entrepreneur Dmitry Troitsky has plans on creating a product line of vodka named after some popular cryptocurrencies. Troitsky has filed for trademark patents in order to develop three distinct vodka brands called “Bitcoin, Ethereum, and Ethereum Classic.” Also read: Bitcoin Accessibility From a Blind Person’s Perspective Bitcoin, Ethereum, and Ethereum Classic Vodka […]

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