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Bloomberg’s report that provides crypto outlook for June says that it expects Tether to pass Ether as the number two cryptocurrency on the strength of the dollar. Go to Source Powered by WPeMatico
Bitfinex and Tether have addressed the updated lawsuit which accuses them of market manipulation. Go to Source Powered by WPeMatico
Bittrex and Poloniex have become embroiled in a class-action lawsuit that alleges USDT created out of thin air drove the 2017 bull run. Go to Source Powered by WPeMatico
Uri Kolodny, co-founder and CEO of blockchain firm StarkWare, told Cointelegraph that Ethereum’s second-layer scalability solutions still need some work. Go to Source Powered by WPeMatico
Ethereum co-founder Vitalik Buterin said that the blockchain’s initial layer-two scaling deployment is nearly complete. Go to Source Powered by WPeMatico
Tether has integrated the just-launched OMG Network Plasma sidechain, formerly known as OmiseGo, promising cheaper transactions as Ethereum’s fees skyrocket. Go to Source Powered by WPeMatico
Celsius users can now purchase Tether Gold via credit and debit cards with a minimum purchase amount of $50. Go to Source Powered by WPeMatico
Tether usage is picking up pace in DeFi as Aave reports over 10% of its assets locked are in USDT, after a slow start that saw its competitor USDC gain adoption. Go to Source Powered by WPeMatico
A report indicates that no Ethereum-based Tethers have ever been burned, though new ones are constantly being printed. Go to Source Powered by WPeMatico
With the Federal Reserve now allowing US banks to issue loans with zero reserve, is Tether better off backed by Bitfinex shares than dollars backed by nothing? Go to Source Powered by WPeMatico