tether

A new report by the European Central Bank (ECB) says that legal uncertainty can adversely affect stablecoins with a clear governance structure. In a document titled, “Looking for stability among crypto assets: are stablecoins a solution?” Fiat-tied assets are described as digital units of value. However, they are not a form of any particular currency, but rely on […]

The investment company Algo Capital, which focuses on the development of the ecosystem of the Algorand blockchain, announced a $ 200 million financing raised. The funds will go to a specially created venture fund Algo VC Fund, the organization said in a press release. Fund investors included Brainchild, NGC Ventures, Arrington XRP Capital, Eterna Capital, GSR, Cognitive Blockchain, Rokk3r Inc, Wibson, 11-11 Ventures […]

Changpeng Zhao, CEO of the largest Bitcoin exchange Binance, published a tweet about the possibility of passive cryptocurrency earnings. Would you like to earn #crypto while you sleep? Keep an eye on @binance today. – CZ Binance (@cz_binance) August 26, 2019 “Would you like to earn a crypt while you sleep?” Follow the Binance Twitter account today »Followers of Zhao immediately began to express various versions […]

Chainalysis, an analytic blockchain startup, introduced the Chainalysis KYT real-time alert system, which informs the user about suspicious transactions. According to the developers, the system is primarily focused on cryptocurrency companies and financial institutions and allows them to reduce regulatory and reputation risks. KYT notifications are available for all 15 cryptocurrencies that Chainalysis works with, including Bitcoin, Ethereum, Bitcoin Cash, and […]

Tether may issue CNHT stablecoin, the price of which will be tied to the RMB. This was announced by Zhao Dong, who is the founder of DGroup and a major investor in the Bitfinex exchange. BREAKING According to @ zhaodong1982 Tether gonna issue CNHT, a $ CNH peg stable coin … ??? Chinese regulator can be easily pissed by this hope it won't burn Tether […]

The New York State Attorney General's Office (NYAG) has sufficient authority to continue investigating the activities of the Bitfinex cryptocurrency exchange and its affiliate Tether. This decision was made by the Supreme Court of the State of New York, reports CoinDesk. Judge Joel Cohen’s decision dated August 19 states that the state prosecutor’s office may continue to investigate alleged Bitfinex fraud and the introduction of […]

Research company Graychain found that in the cryptocurrency lending sector, loans totaling $ 4.7 billion were issued for 18 months. At the same time, the average interest rate remains quite low – at 1.83%. Thus, the annual income of lenders amounted to about $ 86 million. TheCryptoCreditReport-q2-2019 by ForkLog on Scribd During the study period, about 244 […]