The entire cryptocurrency market needs to keep an eye on Tether’s USDT token, which has become a pivotal source of liquidity.
Troubled cryptocurrency exchange Bitfinex has reportedly secured a banking relationship, according to reports by Bloomberg and Reuters.
The CFTC has subpoenaed Bitfinex and Tether, according to a new report from Bloomberg.
The statement, provided Saturday evening, confirms the suspicions of online sleuths and is likely to raise new questions about the company's finances.
Even with a tumultuous past and harsh critics, stablecoin projects keep popping up, aiming to relieve some of the volatility in the crypto markets.
Hackers and scammers netted nearly $490 million in 2017. In this recap, CoinDesk takes a look at the most important incidents and their impact.
Tether, a startup that provides a dollar-pegged token, has said it plans to launch a new platform following a claimed security breach in November.
Bitfinex has hired white-shoe law firm Steptoe & Johnson and said it may sue a pseudonymous blogger who has accused the bitcoin exchange of fraud.
The individual or group behind the alleged Tether attack may have been involved in a previous well-known hack in the bitcoin space.
The team behind the stable cryptocurrency Tether is claiming $30 million worth of its funds have been sent to an unauthorized address.