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The most popular stablecoin tether (USDT) has officially been minted on the Bitcoin Cash blockchain via the Simple Ledger Protocol (SLP). At press time there’s only 1,010 SLP-based USDT in circulation, as the firm Tether Limited seems to be issuing small amounts and testing the SLP framework.Tether (USDT) is
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Crypto market data aggregator Messari reports that the market cap of leading stablecoin Tether (USDT) has surpassed $10 billion for the first time.Alongside Bitcoin (BTC) and Ethereum (ETH), Tether is now one of three crypto assets with an eleven-figure capitalization. Tether’s reported $10 billion market cap comes after year-to-date growth of
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Cryptocurrency Lending Giant Celsius Network is getting US$10M from lead investor – the largest stablecoin issuer Tether – who own 90 per cent market share in
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Bitcoin has has long been feted as a new form of money, a two-finger salute to the establishment, even as a digital equivalent to gold, but it’s not often prized for its stability. That could change with the introduction of a new futures contract. Crypto exchange BTSE has taken the unorthodox
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While all eyes are on Bitcoin, as the cryptocurrency community watches and waits for the asset’s next uptrend to begin, another crypto asset has gone parabolic – but not in price.The market cap and total supply of Tether have been skyrocketing more so than Bitcoin price has. Also easily besting
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[sociallocker id="55298"] Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cryptox in one link.Top Stories This WeekForget $10,000, Bitcoin’s $12,000 breakout
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[sociallocker id="55298"] A lawsuit alleging stablecoin issuer Tether and sister exchange Bitfinex manipulated the bitcoin market is getting bigger. On Wednesday, cryptocurrency exchanges Bittrex and Poloniex became the latest defendants accused of fraudulently toying with crypto asset prices in an ongoing class action whose plaintiffs have been pursuing Tether and Bitfinex
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Bitfinex’s Tether (USDT) stablecoin is now available on the OMG Network, a plasma-based Ethereum sidechain launched on June 1 by the project formerly known as OmiseGo.The integration, also announced on June 1, marks the first time that Tether integrated an Ethereum sidechain to boost its performance. Tether is by far
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Tether (USDT) cites the popularity of its Ethereum (ETH)-based asset as the reason why the company has never burned a single token.The recent report from Flipside Crypto concluded that Tether is not in the practice of burning its Ethereum tokens:“We can also see that no tokens ever go to the
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Tether (USDT) has overtaken XRP to become the third largest cryptocurrency by market capitalization, as Ripple fails to gain adoption amongst retail investors.Top 10 Cryptocurrencies by Market Capitalization. Source: CoinMarketCapAs for Ripple (XRP), it's been a race to the bottom, its market cap has collapsed from a high around $130
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