Bitfinex, Tether CTO to Speak Publicly For First Time Ever

Paolo Ardoino, CTO of Bitfinex & Tether, is scheduled to speak at CryptoCompare’s Digital Asset Summit next month. This is the first time a Bitfinex/Tether exec has spoken publicly at an event.  The story of Tether will finally come out of the shadows Tether is the original and most successful “stablecoin”, and it was the […]

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Tether Domination Grows: Algorand Blockchain Adds USDT

Tether is finally live on the Algorand 2.0 blockchain, becoming the first stablecoin to join the project. Algorand Added USDT Tokens After Months of Waiting Algorand (ALGO), the totally permissionless proof-of-stake blockchain, is one of the few selected to carry Tether (USDT) stablecoins. This opens the door for USDT to further grow its supply, while […]

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461 Crypto Wallets Hold Over 40% of ETH, ADA, LTC, and USDT

When it comes to “whales”, the biggest boast is owning vast stashes of Bitcoin (BTC). But statistics show that other crypto coins may be more weighed down by wallets with a big concentration of wealth. Whales May Affect Altcoins More than BTC Counting crypto addresses that hold more than 1% of the coin’s supply, BTC […]

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Why Tether Will Continue to be a Hit Amongst Crypto Traders?

Tether (USDT) is still the stablecoin of choice for most crypto traders. Despite criticism about Tether, Inc. not having complete fiat backing, as well as the banking troubles of iFinex, the coin is still widely used. USDT Keeps Market Share Despite Alternative Stablecoins The market share of USDT remains above 97%, even as more stablecoins […]

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Tether Fights Back, Dismisses Weak Lawsuits

The company behind the dominant stablecoin , Tether, has just notified the US District Court in New York’s Southern District of its intent to file a motion to dismiss its outstanding lawsuits. Tether (USDT) is the world’s largest stablecoin, but also one that has faced controversy, accusations of manipulation, centralization, and more. The company behind […]

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Tether Flips Binance Coin For 6th Largest Crypto Spot

Controversy continues to surround Tether, as recent market moves have vaulted the crypto into the sixth position on the world’s list of digital assets.  As Tether fires up its printers once again, many market commentators wonder if this will lead to a sustained BTC prop above the 10K level. Controversial cryptocurrency Tether continues to make […]

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Tether Finds Real-World Use Case In China-Russian Grey Market –

The grey market flow of cheap Chinese goods into the Russian market has established a real-world use case for Tether. Millions of dollars worth of USDT are being used every day to sidestep strict capital controls for remittances back to China. The Flow Of Rubles Into Tether OTC trading desks in Moscow are doing a roaring […]

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Tether Is In The Soup ‘Again’ For Blatant USDT Issuance

On July 8 the office of the New York Attorney General submitted a report detailing Bitfinex and Tether’s alleged illegal trading and securities issuance in the state of New York. Have Tether and Bitfinex Colluded to Manipulate Bitcoin Price? A recently filed Memorandum of Law filed by the New York Attorney General’s Office (NYAG) alleges […]

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