Wednesday, January 16, 2019

Tether the Most Stable Stablecoin – Santiment

Cryptocurrency data analytics firm Santiment has revealed that a standard deviation analysis conducted on crypto market stablecoins proves that overall, Tether (USDT) has remained...

Tether Overtakes Litecoin to Become #7 in Ranking

Tether (USDT), the largest stablecoin by volume has overtaken Litecoin (LTC) to become the seventh in cryptocurrency rankings by market capitalization. Litecoin is often described...

Tether Dominance Declines to 74%

At the beginning of the year, Tether (USDT) market dominance was at around 94%, with the token being the main stablecoin being utilized in...

Tether Re-Opens Account Verification, Allows Redemption of Fiat

Tether, a stablecoin backed by the US dollar, has announced a re-vamped trading platform that will now allow customer verification and the direct conversion...

Tether Intervention Stemmed BTC Price Drop?

The crypto market experienced massive declines over the weekend, with Bitcoin (BTC) price falling to around $3800, with many analysts predicting that it will...

Deltec Bank & Trust Suspected of Accepting Laundered Funds

Brazilian authorities have enlisted the help of their Bahamian counterpart to investigate suspicious transactions to Deltec Bank & Trust. Investigating the case of former director...

Deltec Chairman Confirms Tether Letter is Authentic

As CryptoDigest reported last week, Tether (USDT) had officially announced its new banking partner as Deltec Bank, in a letter that many in the...

Deltec Bank Refuses to Comment on Tether Relationship

In another twist of the ongoing saga regarding Tether (USDT) banking relationships and dollar deposits, Bloomberg has reported that Deltec Bank & Trust Ltd...

Tether Officially Announces Banking Partner

Stablecoin Tether (USDT) has officially announced its banking partner as Deltec Bank & Trust Limited, an institution based in the Commonwealth of the Bahamas....

Could Tether Be Exiting Market?

Tether (USDT) prices were lower than its pegged $1 USD during the second half of October, making the company redeem around a third of...

Tether Regains $1 Price After Supply Diminishes

Tether (USDT) returned to its $1 price today, as the supply diminished, as Tether tokens were progressively recalled to its treasury, and around $600M...

59% Believe Tether is Not Backed by USD

The most popular stablecoin in the crypto community is under deep suspicion of not being backed 1-1 with US dollars, since the token has...

Tether Burns $500M USDT Tokens

With declining demand for the token, Tether (USDT) has redeemed and ‘burned’ $500M tokens, around 52% of its total supply. $446M remain in the...

Michael Novogratz Disappointed with Tether

Michael Novogratz, serial entrepreneur and owner of Galaxy Digital, is disappointed with Tether who he claims were not transparent about their operations. Novogratz’s company is...

Tether Treasury Now the Biggest USDT Holder

The Tether Treasury wallet has finally become the biggest holder of USDT tokens after days of sucking in the embattled cryptocurrency. At the moment...

Large USDT Transfer Raises Questions

Whale Alert, the twitter handle that keeps a tab on large currency transfers has revealed that $80M worth of USDT was recently transferred to...

USDT Price Back to $1 on Bitfinex

USDT had lost its peg to the US dollar, even with Tether releasing a statement saying that the price fluctuation was temporary, and that...

Tether has a New Banking Partner?

The Block has recently reported that Tether (USDT) has struck a partnership with Bahamas-based Deltec Bank. The move has occurred during the last few weeks,...

Non-Tether Stablecoins at 10% Premium

With the questions regarding Bitfinex exchange’s solvency, and Tether (USDT) reserves, investors have increasingly migrated to the newer regulated stablecoins such as USDC and...

Crypto Markets Doubtful over Tether’s Viabilty as a Stablecoin

Tether, a stablecoin pegged on the US dollar, has dropped under $1 raising doubts over its pegging against USD. Trading at $0.95, crypto traders...

Second-Richest USDT Wallet Held by Bitfinex

Bitfinex now has the second-richest Tether (USDT) wallet, with only the Binance (BNB) main wallet holding more tokens. Although the exchange has denied claims...

New Stablecoins Trading at a Premium

A host of USD-backed stablecoins have entered the market recently, with Gemini (GUSD), Paxos (PAX) and Circle (USDC) issuing tokens. However, unlike Tether (USDT),...

Tether’s (USDT) Selling Spree on Kraken After News on Noble Bank

Tether (USDT), a stablecoin pegged on USD, has seen some flurry of selling activity on Kraken exchange following news that Noble Bank, its USD...

Tether Solvency Questions Arise

Tether (USDT) has been under constant pressure due to not releasing an audit of its USD reserves that the company steadfastly insists it has...

Shapeshift Adds Support for Tether

Shapeshift, the instant cryptocurrency exchange service integrated with multi-coin wallets such as Jaxx, has announced that it will now be providing support for the...

Tether Resumes Normal Operations OMNI Glitch

Tether (USDT) transactions became frozen for about eight hours yesterday, as the Omni protocol – on top of which USDT operates – stalled as...

KuCoin Revising USDT Pairs

Cryptocurrency exchange KuCoin has announced that it will be revising its tether trading pairs, removing nine pairs and adding six new pairs. The exchange will...

Tether Influx has No Effect on Crypto Market

The recent $500M influx of Tether (USDT) was closely scrutinized by market watchers due to previous allegations of Bitcoin price manipulation by USDT. Last year,...

WSJ Raises Questions About Tether USD Reserves

Tether had recently announced a $50M new USDT tokens created due to investor demand. However, the Wall Street Journal (WSJ) has issued a report...

Tether Issues a New Batch of USDT Tokens Worth $50 Million

On August 11th, Tether issued a brand-new batch of their native USDT tokens that are worth approximately $50 million. Only half a year ago,...

Tether Hires Anti-Money Laundering Expert

Tether Ltd. has hired Leonardo Real, former anti-money launder quality control manager at Bank of Montreal as its Chief Compliance Officer. Tether is a stablecoin...

Tether (USDT) listed on Tokenomy starting today

Just as Tokenomy announced a couple of days ago, Tether (USDT) will be listed on their exchange starting today, July 2, at 3PM GMT+8....

Kraken vs. Bloomberg – it has begun!

After Bloomberg reported on June 29 that there are two inconsistencies regarding the data from Kraken Tether (USDT) trading, Kraken stood up today and...

Omni Developers State Tether Not Under Double Spend Attack

Omni developers – creators of the Omni protocol that Tether (USDT) operates on – have stated that the exchange which handled the transaction did...

Tether Victimized by Double Spend Attack

Tether (USDT), which is a stablecoin maintaining a price of 1USD, has become the victim of a double spend attack. The coin has long...

30% of Fresh Tether (USDT) is Pouring Into Ethereum (ETH)

Following our latest report, more information was revealed. 30% of $250M newly printed Tether (USDT) is lowing into Ethereum (ETH), whose 25% of all...

Tether Prints $250M of USDT

Tether (USDT) has printed an additional $250M worth of tokens, a possible indicator that the cryptocurrency has received an equal deposit in US currency....

Independent Report Confirms Tether is Backed by Actual USD Reserves

Tether (USDT) has faced increased scrutiny lately, after a University of Texas research paper alleged that USDT was used to prop up Bitcoin (BTC)...

Tether (USDT) Responsible for Bitcoin (BTC) Price Manipulation?

John Griffin, a finance professor at the University of Texas, and research associate Amin Shams have published a research paper today in which they claim...

Binance Adds New Ethereum Classic (ETC) Pairs (USDT and BNB)

It seems that sunshine has come to Ethereum Classic (ETC) land. Hours after the Coinbase listing announcement, another cryptocurrency trading giant listed two new...
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Constantinople on Halt – Major Vulnerability Discovered

Constantinople, Ethereum's long-awaited hard fork that was scheduled to go live on January 17 has to be delayed for an indefinite period of time. The...

Bittrex Exchange Adds VITE (VITE)

Bitsdaq is launching a digital asset trading platform this month, leveraging Bittrex’s  technology to provide customers a secure, advanced and reliable platform and extensive...

Dubious Electrum Wallet Found on GitHub

Cryptocurrencies benefits could have a negative connotations, it makes it a target for hackers and criminals in cyberspace looking to make some quick bucks. Fake...

Cryptopia Hack: Possibly $3.6 Million Stolen

Cryptopia has been dubbed the first exchange hack of 2019. And the site has been undergoing maintenance ever since. The hack was reported to...
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