Tag: tether

Nov 29 2021

Nov 24 2021

U.S. Senate Banking Committee Throws Softball Questions To Stablecoins Issuers

Nov 24 2021 Published at Bitcoinist.com under tags  binance.us cbdc cbdcs centre circle

Stablecoins are in hot water in The States… or are they? The U.S. Senate Banking Committee sent letters to Circle, Tether Holdings Ltd., “Coinbase, Gemini, Paxos, TrustToken, Binance.US, and Centre.” What do these companies have in common? They all issue stablecoins pegged to the US Dollar. Is the US government doing a serious inquire this time? Probably not, judging by the questions they...

Nov 18 2021

Tether (USDT) Stablecoin Launches on DeFi Smart Contract Platform Avalanche

Avalanche (AVAX) has become the ninth blockchain platform to support the world’s largest stablecoin. Users of the high-performing and easily scalable network can now use Avalanche-native Tether (USDT) to gain access to the most liquid stablecoin in the industry.

Tether Launches Synonym to Boost ‘Hyperbitcoinization’

Reading Time: 1 minute Tether yesterday launched Synonym, a company that aims to boost Bitcoin adoption globally The company will utilize the Lightning Network and the recent Taproot upgrade within its products Slashtags will be the company’s first product It...

Nov 17 2021

Nov 04 2021

Oct 30 2021

What is Tether USDT and Why should you care about its Traded Volume?

When most people hear the term "Cryptocurrency", they often associate it with highly volatile and risky digital assets. This is true for cryptocurrency, but not for stablecoins. Tether is one example of a cryptocurrency that acts as a stablecoin. Its value has always been pegged to the US Dollar. In this article, we're going to go back to the...

Oct 26 2021

Oct 25 2021

Shiba Inu (SHIB) trading volume surpassed that of Ethereum (ETH) on Sunday

Oct 25 2021 Published at CryptoSlate under tags  analysis btc doge killer ethereum memecoins

Leveraging on the current green run of the wider crypto market, popular meme coin, Shiba Inu, has posted some interesting figures during its rise to a new ATH. Shiba traded more than Ethereum According to data on CoinMarketCap, the daily trading volume of Shiba Inu was able to surpass that of its more illustrious counterpart, Ethereum, yesterday placing it...

Oct 20 2021

What Has Changed Since Bitcoin Hit $60K Last Time?

Are you wondering about how the market has changed since Bitcoin last hit $60K in mid-April? We’re taking a look at historical market data to see what has changed in the last six months.

Oct 18 2021

Tether Wants to “Focus on the Future” But Doubts Will Persist

Reading Time: 2 minutes Tether has said that it wants to “focus on the future” after settling with the CFTC for $41 million The stablecoin issuer did not mention the “civil monetary penalty” in its press release Doubts will still persist over the backing of the massive...

Oct 15 2021

Bitfinex and Tether Fined $42.5 Million for Misleading Claims on USDT

Tether was accused by the CFTC of making 'untrue or misleading' claims about USDT stablecoin being backed by the US dollar.

Why Tether Must Pay $40M In Fines To The CFTC

Oct 15 2021 Published at Bitcoinist.com under tags  cftc crypto news tether usdt

Per a press release, the U.S. Commodity Futures Trading Commission (CFTC) has disclosed that their review on Tether Holding Limited and other associated companies has concluded. As a result, Tether has agreed to pay a $41 million fine. Related Reading |...

Oct 08 2021

Tether Hits Back at Bloomberg Accusations

Reading Time: 2 minutes Tether has hit back at a Bloomberg investigation that cast doubt on the soundness of its operation The author claimed that Tether is hiding its true reserve holdings and has a less than glowing history Tether argued that the reporting was just...

Oct 07 2021

Sep 30 2021

The Birth Of The Bitcoin-Dollar

Bitcoin represents the next evolution of the American currency being tied to a system of energy storage.Written September 21, 2021You have probably heard of the petrodollar. You may not know the ins and outs, but you have heard the term in history class or on some podcast. In a very simple and reductive way, it is...

Sep 24 2021

SEC/CFTC Enforcement Action Anticipated Within a Week

Reading Time: 2 minutes Prominent crypto lawyer Jake Chervinsky has warned over SEC/CFTC action next week Chervinsky says the agencies typically take action when their fiscal year ends on September 30 Tether and Binance could be among the targets this time round...

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