Archives

April 25, 2019 @ 9:13 pm By JD Alois  |  

New York Attorney General Letitia James has obtained a court order against crypto exchange Bitfinex ( iFinex Inc.) and stablecoin Tether alleging violations of New York law in connection with “ongoing activities that may have defrauded New York investors that trade in virtual or cryptocurrency…. Read More

February 27, 2019 @ 11:03 am By JD Alois  |  

Huobi Global is now offering deposit and withdrawal service for Tether (USDT) in both its Omni Protocol and ERC20 token form. Prior to today, Huobi only offered USDT linked to Bitcoin’s Omni layer. Bitcoin-based USDT and Ethereum-based USDT are considered two separate cryptocurrencies which run on different… Read More

August 6, 2018 @ 8:07 pm By Cali Haan  |  

“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

July 13, 2018 @ 8:23 am By JD Alois  |  

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

June 13, 2018 @ 11:29 am By Cali Haan  |  

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

November 21, 2017 @ 6:19 pm By JD Alois  |  

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