Tether Agrees to $18.5 M Settlement with Bitfinex and Submits to Quarterly Reporting

Bitfinex and Tether settled with the Office of the New York Attorney General in the landmark case against Tether. New York authorities claimed that Tether distorted how much Tether (USDT) coins were upheld by fiat security. The settlement requires Bitfinex…

Three Significant Risks to Look Out for Before Buying into Perpetual Futures Contracts

Pro trades are currently making big profit margins from trading using the inverse swap. These big margins are pulling more investors into purchasing altcoins using perpetual contracts without looking into the risks. Exchange of altcoins, quoted in Tether (USDT) and…

Pornhub adds Tether Stablecoin as New Payment Option

Adult entertainment site Pornhub, have announced a new crypto payment option after PayPal abruptly stopped supporting their services in late 2019. The porn site now supports Tether (USDT), a major United States dollar-pegged stablecoin- to allow instant and zero-fee payments…

Will Fear, Uncertainty, and Doubt kill the “stablecoin”, Tether ?

On Tuesday, the cryptocurrency market took a hit close to all coins recording price falls. Few coins on the top 20 managed to maintain the green mark with only Tether and little known Vechain managing to post gains. Tether has…

Bitfinex exchange and Tether under US Scrutiny, ING Confirms Bitfinex has an account with it

Author – Sam Reads The U.S. Commodity Futures Trading Commission (CFTC) sent the exchange a subpoena on 6th December last year. Wells Fargo ended its relationship with the digital currency exchange last year too. Bitfinex one of the largest crypto…

Cryptomarket Dips as News of Subpoena from U.S. Regulators Threaten Bitfinex, Tether

Author – Mil , Asia Correspondent On January 30, a news article from Bloomberg reports that U.S. regulators have issued subpoenas in scrutiny of one of the world’s biggest cryptocurrency exchange. The United States Commodity Futures Trading Commission (CFTC) issued…