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After over a month of absence Tether has returned to the USDT printing business, issuing $300 million worth in just one massive batch. The proximity of the move to the recent reversal of the downtrend in the market has lead to renewed calls by critics that Tether is manipulating prices. Also Read: Survey Says … Read more
One of the biggest mysteries in the cryptocurrency world at the moment is the location of the vast USD reserves meant to be backing Tether. The stablecoin is used by many exchanges as a proxy for fiat in trading pairs which makes its solvency a critical issue at the heart of the entire ecosystem. Now, … Read more
According to reports the infamous Twitter handle and blogger, ‘Bitfinex’ed,’ has hired the well-known attorney Stephen Palley to fight against the legal threats posed against the blogger. The legal counsel for Bitfinex, Stuart Hoegner suggested this past December that the blogger may face a lawsuit as Bitfinex said it wasn’t too pleased with the allegations. … Read more
