Bittrex, Poloniex Added to Lawsuit Claiming Tether Manipulated Bitcoin Market

An amended lawsuit alleging Tether and Bitfinex manipulated the bitcoin market is now claiming Poloniex and Bittrex were also involved.

Bitcoin Demand Pushes Tether Below $1 for Longest Stretch Since March

Tether, the oldest and largest stablecoin tied to the U.S dollar, has fallen below par value for the longest stretch since bitcoin dropped to 12-month lows in March.

Stablecoin Supply Breaks $10B as Traders Demand Dollars Over Bitcoin

The value of assets for all stablecoins surpassed $10 billion as more cryptocurrency traders prefer alternative cryptocurrencies using dollar-backed digital tokens instead of bitcoin, according to Coin Metrics data.

As Tether Supply Hits Record Highs, It Moves Away From Original Home

Tether growth is hitting new all-time highs across multiple blockchains, but the first protocol to support Tether is being left behind.

Stablecoins Push Ethereum’s Transaction Count to Highest Since July 2019

Ethereum’s transaction counts have surged by 72% since mid-February

Blockchain Bites: Bitfinex Sues, Miners Prepare, Congress Considers

The U.S. Senate is considering blockchain voting during the COVID-19 crisis, while crypto becomes a mainstay in the Middle East.

Bitcoin in Emerging Markets: The Middle East

Regions with weak states and educated diasporas are seeing a rising demand for cryptocurrencies, stablecoins and decentralized applications.

Bitfinex, Tether Seek Subpoenas Across US in Hunt for Missing $800M

Bitfinex and Tether’s parent company wants to question employees of at least three U.S. banks about Crypto Capital – Bitfinex’s payment processor – accounts and holdings in an effort to recover more than $800 million.

Interest in Gold-Backed Token Trading Grows Amid Supply Disruptions

On Thursday, hourly trading volume in Tether Gold climbed to over $13 million, up from roughly $1 million the day before.