Cryptocurrency Analysis and News Portal
Current crypto market sentiments and Tether transaction volumes at various crypto payment processors suggest that Tether (USDT) is becoming one of the most traded digital assets in the crypto market, leaving Ethereum (ETH)trade behind in the third place and even Bitcoin(BTC)trade in the second place (!) in 24 hour volume.Blockchain
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Ethereum-based decentralized stablecoin DAI is now spendable where VISA cards are accepted and leading stablecoin Tether (USDT) is seeing increasing use by e-commerce organizations.DAI now usable in E.U. storesAccording to a press release shared with CryptoX Oct. 29, collaborative financial platform 2Gether added DAI support to its platform. A
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Cryptocurrency exchange OKEx is to launch a range of cryptocurrency-based futures contracts settled in the stablecoin tether (USDT). The exchange will support USDT pairs including bitcoin (BTC), ether (ETH), bitcoin cash (BCH), EOS, XRP, bitcoin SV (BSV) and Tron
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The USD-backed stablecoin firm Tether (USDT) has been involved in controversies since last July when it was first alleged for manipulating the price of Bitcoin(BTC)trade, which later culminated into investigations and lawsuits against the company.Despite all of these severe legal issues, Tether has reported a significant growth in its utilization
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The amount of Tether (USDT) tokens issued on the Tron (TRX) blockchain now accounts for nearly 12% of all USDT tokens.350 million to 450 million in one dayLaunched in mid-April 2019, TRC20-based USDT has hit a total supply of over 490 million tokens on Oct. 25, which now makes
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At the start of October, New York-based legal firm Roche Freedman filed a new class-action lawsuit against stablecoin firm Tether and digital currency exchange Bitfinex. The case accuses the aforementioned entities of manipulating the market by using a host of sophisticated schemes that involved fraud, pump-and-dump schemes, as well
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The multi-million dollar firm behind the controversial stablecoin known as Tether (USDT) is back in the news again. This time Tether Limited is being accused of being a part of a “fraud,” “pump-and-dump,” and “money laundering” scheme in a new lawsuit.Like a crashing rocket, the crypto community was dealt a
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A New York-based legal firm has filed a lawsuit against Tether and Bitfinex, accusing them of cryptocurrency market manipulation.“Largest bubble in history”Roche Freedman filed a class-action suit claiming that stablecoin firm Tether and its affiliate crypto exchange Bitfinex have been involved in defrauding investors, manipulating markets and concealing illicit
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A new lawsuit claims crypto exchange Bitfinex and its sister company Tether manipulated the crypto market, harming traders and benefiting themselves. Bitfinex and a number of affiliated entities engaged in deceptive, anti-competitive and market manipulative practices, resulting in economic
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Stablecoin firm Tether and its affiliate exchange Bitfinex anticipate a lawsuit alleging that Tether token (USDT) is involved in market manipulation as the result of an unpublished paper.Tether and Bitfinex to defend its positionOn Oct. 5, both Tether and Bitfinex published statements claiming that they had become aware of
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