Browsing the "Tether" Tag

tether, stablecoin

Tether Stablecoin to Launch on Algorand Blockchain

| Daniel Palmer

The popular and sometimes controversial stablecoin tether (USDT) is to to be added to the algorand blockchain.

Tether Accidentally Minted $5 Billion of Its Stablecoins, Then Deleted Them

| Daniel Palmer

Stablecoin issuer Tether accidentally created $5 billion-worth of its USDT stablecoin at the weekend, before promptly destroying them again.

Metropolitan Bank Says It Shut Down Tether’s Account After 5 Months

| Nikhilesh De

Metropolitan Commercial Bank maintained accounts for Tether and affiliated companies for less than half a year before shutting them down.

NYAG: Bitfinex, Tether Served New York Residents Longer Than They Claim

| Wolfie Zhao

The New York Attorney General's Office (NYAG) has submitted a series of new evidence to prove the crypto exchange Bitfinex and Tether had served New…

Bitfinex Repays Tether $100 Million of $700 Million Loan

| Nikhilesh De

Bitfinex said it has paid back $100 million of the $700 million borrowed from stablecoin issuer Tether.

Bitfinex Will List Its New Exchange Token Starting Monday

| Nikhilesh De

Bitfinex will list its LEO exchange token on Monday, trading against bitcoin, ether, EOS, tether and the U.S. dollar.

Tether Ordered to Freeze Transfers to Bitfinex by New York Supreme Court

| Nikhilesh De

A New York Supreme Court judge ordered stablecoin issuer Tether to refrain from loaning any funds to Bitfinex or other parties during an ongoing…

Bitfinex and Tether Ask Court to Loosen NYAG’s Fund Restrictions

| Nikhilesh De

Tether has asked a judge for more leeway to use its cash amid the New York Attorney General's investigation of it and Bitfinex.

Bitfinex’s Private Token Sale Raised $1 Billion in 10 Days, Exec Says

| Yogita Khatri

Cryptocurrency exchange Bitfinex raised $1 billion via a sale of its exchange token LEO in just 10 days, according to the firm's CTO.

Binance, Bitfinex and Tether: What’s the Worst That Can Happen?

| Daniel Cawrey

Recent events involving Binance, Bitfinex and Tether suggest there's potential for "catastrophic, systemic risk in crypto," Dan Cawrey argues.