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Alleged Price Calculation Errors at Tether Badly Skew Crypto Price Data on CoinMarketCap

“Data Issues” on CoinMarketCap.com over the weekend badly skewed crypto coin price data on at the popular website over the weekend, causing a flurry of confusion on CryptoTwitter. CoinMarketCap attributed the issues to problems with the data feed emanating off coins linked to the controversial… Read More

Tether Hires Bank of Montreal Executive as Chief Compliance Officer

Tether, a provider of tokenized traditional fiat currencies, has selected former AML Quality Control Manager at the Bank of Montreal, Leonardo Real, as their Chief Compliance Officer (CCO). Launched in 2014, Tether claims to be the first blockchain-enabled platform to allow traditional currencies to be… Read More

Academics Claim Tether Used to Pump the Price of Bitcoin on the Bitfinex Exchange

A finance professor at the University of Texas experienced in fraud detection has alleged that a focussed campaign to inflate the price of Bitcoin and other cryptocurrencies occurred on the Bitfinex exchange last year, the New York Times reports. Professor John Griffin and grad student… Read More

Hacked! Tether Claims Theft of $30M+ in Digital Currency

Tether, a company that is “Bringing real-world currency to the Blockchain” has been robbed of $30,950,010. The company is truly experiencing a real world currency issue as the money was stolen by an attacker and management is currently in the process of attempting to retrieve… Read More

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