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Whether cryptocurrency enthusiasts believe the stablecoin controversy is worrisome or mere FUD, the news surrounding the $850 million of Bitfinex funds locked up has shaken the markets. Now, digital asset traders are closely monitoring the large premium on Bitfinex, where the price of BTC is trading for $300 more than on most spot markets. The … Read more
Crypto ATM operator CoinFlip has postponed support for Tether’s stablecoin USDT as the firm wants assurance that “Tether and Bitfinex are fully abiding by U.S. law” Go to Source Powered by WPeMatico
The recent indictment of two individuals on multiple counts reveals an apparent connection to the shadow banking services that were used in two crypto exchange scandals Go to Source Powered by WPeMatico
On April 25, cryptocurrency markets tumbled after the controversy between the New York Attorney General’s (NYAG) office, the stablecoin company Tether, and Bitfinex exchange. Since then, prices have slightly recovered and the entire cryptoconomy regained $4.3 billion after losing $10 billion last Thursday. Moreover, out of the top 10 cryptos by market capitalization today, bitcoin … Read more
Tether does not have the fiat reserves to back its tokens, lawyers say Go to Source Powered by WPeMatico
A new XRP-based index has been introduced by Nasdaq to its Global Index Data Service SM Go to Source Powered by WPeMatico
Crypto exchange Bitfinex is allegedly planning to issue a native exchange token, a post from Bitfinex shareholder Dong Zhao has ostensibly revealed Go to Source Powered by WPeMatico
As markets react to the Bitfinex/Tether scandal, let’s take a look at the top 5 crypto performers this week Go to Source Powered by WPeMatico
This week in the Hodler’s Digest, Bitfinex and Tether land in hot water, and Samsung may be thinking about a Samsung Coin Go to Source Powered by WPeMatico
Cryptocurrency advocates try to get the CEO of Twitter to ban @Bitcoin and the New York Attorney General goes after the company behind Tether. This and more in the weekly video news update on Bitcoin.com’s Youtube channel. Also Read: How to Start Cloud Mining Bitcoin Cash Watch Bitcoin.com’s Weekly News Update This week’s show covers … Read more