In theory, traders can redeem USDT for dollars with the issuer, Tether Ltd. Instead, they appear to be cashing out through Kraken.
From ShapeShift's capitulation to KYC to the New York Attorney General's critical look at exchanges, officialdom is striking heavy blows. Stay tuned.
Coinbase and other exchanges have hit back at claims of vulnerability to market manipulation in a report from the New York Attorney General's Office.
The NY Attorney General's Office stated that many crypto exchanges cannot monitor abusive trading activity, and referred 3 for potential violations.
Crypto exchange Kraken is denying rumors that it is shutting down a service center, though it confirmed that it laid off some of team members.
Public filings released in late May establish the strongest link yet between Bitstamp and Korean gaming firm Nexon.
A new study by the University of Texas at Austin claims that the Tether stablecoin is used to increase bitcoin's price during market downswings.
Jesse Powell and Erik Voorhees delivered red-meat rhetoric but also made subtler points about New York's cryptocurrency regulations at Consensus 2018.
Jesse Powell, CEO of crypto exchange Kraken, donated $1 million to Coin Center at the blockchain industry advocacy group's annual dinner Monday night.