USDT

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$ 1.4 trillion

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Against iFinex Inc. and its subsidiaries filed a class action lawsuit for more than $ 1.4 trillion with the East District Court of New York. Top managers Giancarlo Devasini (CFO Bitfinex), Philippe Porter (ex-CSO Bitfinex) and Jean-Louis van der Velde (CEO Bitfinex), as well as Panamanian processing Crypto Capital and Global Trade Solutions AG, are also defendants in the case. The last […]

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Bitfinex has moved $ 5 million in USDT to the EOS blockchain

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The Bitfinex Bitcoin exchange and the EOSFinex decentralized trading platform have successfully completed the cross-chain conversion of 5 million USDT to the EOS blockchain, reports Cointelegraph. Exchanges believe this will protect decentralized EOS applications from the volatility of digital assets. According to the statement, 49 of the top 100 dApps are already running on the protocol. The next goal is to fully launch EOSFinex on the main network. Recall, Tether launched […]

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Algorand Fund lost up to $ 2 million due to hacking smartphone of its technical director

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Algorand blockchain-oriented investment firm Algo Capital has lost several million dollars in USDT and ALGO tokens, reports CoinDesk. According to a source familiar with the situation, Algo Capital told partners that the attackers were able to access the mobile phone of technical director Pablo Yabo. As a result, the company lost funds in the amount of $ 1 million to $ 2 […]

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Tether and Bitfinex say they are facing a groundless charge of manipulating USDT

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The stablecoin issuer Tether and its affiliate Bitfinex bitcoin exchange distributed statements on Saturday, October 5, according to which both companies expect “unfounded” lawsuits to be filed against them alleging market manipulation of the USDT token. It is assumed that the so-called “unpublished and unexplored community” study will form the basis of the claim. Both companies insist that all the arguments that will be […]

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Researchers Find Out How Tether Emissions Affect Bitcoin Price

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TokenAnalyst researchers found that in 2019, the price of bitcoin showed an increase in the day of issuing USDT tokens on the Ethereum blockchain in 70% of cases. Over the course of 2019, there has been a net total of $ 1.5B worth of Tether minted on both Omni (USDT Omni) and on Ethereum (USDT ERC2O). We took a look at […]

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Binance exchange added support for cryptocurrency Tezos

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Cryptocurrency exchange Binance announced the listing of Tezos (XTZ), presenting three pairs with bitcoin, Tether and BNB. Users can already make deposits, and the start of trading is scheduled for tomorrow, September 24. After the announcement of the CEO of the exchange, Changpeng Zhao wrote a message on his Twitter account: “You know what will happen next, right?” ? – CZ Binance (@cz_binance) September 23, 2019 The subsequent […]

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