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Tag Archives: tether

Tether Mints USDT Worth $100M – What To Expect

Tether (USDT) has added new Tokens valued at $100 million. The USDT Coins were printed on the Ethereum Blockchain marking an important step in its roadmap of releasing more Digital Coins for mass adoption. Official reports indicate that the newly minted Coins have been transferred to Tether’s treasury address ahead of transfer to USDT users […]

Tether Will Launch On EOS, Bitcoin Recovers & more

Tether Will Launch On EOS The CTO of Tether, Paolo Ardionio, has announced that Tether will launch on a new blockchain. Ardionio did originally not disclose on which blockchain Tether would launch. However, CCN found out that the blockchain will be EOS’ blockchain. Besides that, Tether is also coming to the Lightning Network by the […]

Europol Stops Bitcoin Mixer Bestmixer.io, Bitcoin Price: Continue Watching Lows & more

Europol Stops Bitcoin Mixer Bestmixer.io The Dutch Fiscal and Financial Investigation Service (FIOD) has seized the Bitcoin Mixer Bestmixer.io. The FIOD has monitored the website for more than a year now. The order to seize the website came from Europol. According to Europol, money launderers use the service predominantly. The volume for the tumbler servce […]

Tether Invested Funds in Bitcoin – Could Bitcoin Crash?

The Block reported yesterday about Tether admitting to allegations that users made for several years now. The Block cites David Miller, the attorney for Bitfinex, from a transcript that the news outlet received. In it David Miller says: “Prior to the April 24th order … Tether actually did invest in instruments beyond cash and cash […]

Roundup – 01/05/2019 – Tether Only 74% Backed By USD & more

Tether Only 74% Backed By USD Tether continues to spark controversy. Tether‘s General Counser Stuart Hoegner indicated in an affidavit that the company holds only liquid means with a value of $2.1 billion.The current supply of Tether lies at $2.85 billion. The news came from TheBlock. However, Tether removed the claim that it backs USDT […]

Roundup – 01/05/2019 – Tether Only 74% Backed By USD & more

Tether Only 74% Backed By USD Tether continues to spark controversy. Tether‘s General Counser Stuart Hoegner indicated in an affidavit that the company holds only liquid means with a value of $2.1 billion.The current supply of Tether lies at $2.85 billion. The news came from TheBlock. However, Tether removed the claim that it backs USDT […]

Roundup – 27/04/2019 – Bitfinex Withdraws About $80 Million After Accusation of Misusing Tether Funds & more

Bitfinex Withdraws About $80 Million After Accusation of Misusing Funds The crypto exchange Bitfinex has withdrawn more than $80 million from its cold wallet. Bitfinex is closely associated with the stable coin Tether. Neither of the two companies has indicated any reason for the withdrawal. Due to the recent rally, critics brought up old allegations […]

Roundup – 15/04/2019 – Harvard Invests In Crypto Startup & more

Harvard Invests In Crypto Startup According to Bloomberg, the Harvard Management Company together with two other investors has invested $11.5 million in the blockchain startup Blockstack. The Harvard Management Company is the foundation that finances the Harvard university. The foundation understands itself as a Non-profit organization. However, it does invest money in useful companies to […]

Tether Case, Explained

Tether is well known as a cryptocurrency that constitutes actual currencies in blockchain merchandise. The program was initiated in 2015 November. Tether has two representations EUR and USDT, which are made as counterparts of EUR and USD in a blockchain globe. Bitfinex exchange intimately joins these cryptocurrencies. Initially, Tether was developed on the blockchain technology, […]

Roundup – 04/03/2019 – Tether Will Launch on Tron Blockchain in Q2 & more

Tether Will Launch on Tron Blockchain in Q2 Cointelegraph 2019 reported that Tether will run on Tron’s blockchain from Q2 on. Currently, Tether operates on two different blockchains as a token. On the Omni network and on the Ethereum network as an ERC20 token. Until now, Tether has not commented this step and it is […]
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