Coinbase tells customers to switch to stablecoin it cofounded—without fees The company implied that the fallout of FTX put “some stablecoins to the test.” Fortune · Dec 9, 2022
Bankrupt FTX hit by mysterious outflow of about $662 million as crypto industry reels Sam Bankman-Fried’s bankrupt digital-asset exchange FTX was hit by a mysterious outflow of about $662 million in tokens in the past 24 hours, the latest twist in one of the darkest periods for the crypto industry. Tribune News Service · Nov 12, 2022
What happened to FTX and could the crisis spill over to the rest of crypto? International exchange for crypto assets is in effect unregulated – and may have been built on sand The Guardian - UK · Nov 10, 2022
Bitcoin City: Is El Salvador's Crypto Dream Crashing Down With The Market By Tereza Bízková Benzinga · Oct 17, 2022
NY Judge Orders Tether To Produce Documents Proving USDT Backing Stablecoin issuer Tether must disclose financial documents to verify that it's backed by the U.S. dollar, New York Judge Katherine Polk Failla says. The company is currently in a lawsuit due to allegations that it manipulated the crypto markets. Benzinga · Sep 21, 2022
SEC demands Zipmex clarify bankruptcy filing The Securities and Exchange Commission (SEC) is demanding answers from executives of Zipmex after the cryptocurrency exchange refused to explain its filing for debt relief in Singapore. Bangkok Post · Jul 30, 2022
Tether’s recovery of an $840mn loan scrutinised in Celsius bankruptcy Case is a major test of how US insolvency rules will apply in the digital asset sector Financial Times · Jul 27, 2022
Dogecoin (DOGE) price predictions: What’s on the horizon? No token exemplifies the volatility of cryptocurrencies better, perhaps, than Dogecoin (DOGE). Evening Standard · Jul 6, 2022
Interrail passes blocked on French Riviera train line Ban covers the coastal corridor from Marseille via Toulon, Cannes and Nice to Monaco The Independent UK · Jul 4, 2022
How to buy Tether (USDT) Tether is the world’s largest ‘stablecoin’ by market capitalisation. In theory, stablecoins offer a less volatile alternative to bitcoin and altcoins because their value is tied to a fiat currency such as the US Dollar. Evening Standard · Jun 30, 2022
What are stablecoins? Stablecoins such as USD Coin (USDC) and Tether (USDT) were created as a less volatile alternative to bitcoin (BTC)and other cryptocurrencies. Evening Standard · Jun 30, 2022
Crypto Winter - Multiple Blow-ups Leading To A Much Bigger Problem... During periods of rampant excess in financial markets, we move from valuations based on the present value of future cash flows to valuations based on stories. How compelling is your story? Is it one of future growth and revolutionized economic reform all powered by smart contracts? Sounds pretty neat. Benzinga · Jun 28, 2022
Traders, Major Hedge Funds Short USDT As Uncertainty Around Stablecoins Rise Numerous cryptocurrency trading hedge funds have opened major short positions on Tether (CRYPTO: USDT). Benzinga · Jun 27, 2022
Tether To Launch GBPT, A British Pound-Pegged Stablecoin, In Early July Tether (CRYPTO: USDT) is launching the pound-pegged stablecoin GBPT (CRYPTO: GBPT), following on the heels of its peso-pegged stablecoin. Benzinga · Jun 23, 2022
The Guardian - UK · Jun 22, 2022 Tether to launch stablecoin tied to pound as UK aims to become crypto hub Launch of digital asset to track value of £1 comes despite contraction of cryptocurrency sector
Foreign Policy · Jun 21, 2022 It’s Time for Regulators to Put Crypto Down A lack of rules has created fraudulent, bubble-driven markets.
Benzinga · Jun 16, 2022 Crypto Market Anxieties Heighten As Tether Market Cap Drops To $70B Investors recently sold over $1.6 billion of Tether (CRYPTO: USDT), dropping its market capitalization to $70 billion.
The Guardian - UK · Jun 15, 2022 Cryptocurrency ‘bloodbath’ threatens multibillion-dollar hedge fund Three Arrows Capital founder takes to Twitter to assuage fears after 25% drop in price of bitcoin in a single day
Benzinga · May 27, 2022 Tether Enters Latin America With Stablecoin Pegged To Mexican Peso Tether (CRYPTO: USDT), the company operating the blockchain-enabled platform tether.to today announced the launch of MXNT, a stablecoin pegged to the Mexican Peso. MXNT tokens will initially support Ethereum, Tron, and Polygon.
The Guardian - UK · May 23, 2022 First Thing: Up to 100 Ukrainians dying every day in east, Volodymyr Zelenskiy says Ukraine rules out any ceasefire deal that involves ceding territory to Russia as the conflict makes its mark in Davos. Plus, Putin’s gift to Londoners damaged
Asharq Al-Awsat · May 23, 2022 Crypto Crowd Dominate Davos Main Street despite Price Crash A free bitcoin pizza stall and a "Liquidity Lounge" were among the treats on offer for attendees at this year's meeting in Davos, where blockchain and cryptocurrency firms have taken over its main street, despite a recent crash in digital coin values. Executives from the crypto sector have descended on…
The Guardian - UK · May 22, 2022 Tether pays out $10bn in withdrawals since start of crypto crash Pace of withdrawals in May means ‘stablecoin’ company effectively dealing with slow-motion bank run
Benzinga · May 19, 2022 Teradyne: Dividend Insights Monday marks the last chance for investors to receive the next dividend payout from Teradyne (NASDAQ:TER).
The Guardian - UK · May 18, 2022 TechScape: How Musk and crypto bros get away with it In this week’s newsletter: Just like Donald Trump’s political rise, Tesla’s CEO and firms like Tether win by simply not playing by the same rules as everyone else
The Guardian - UK · May 16, 2022 $7.6bn of ‘stablecoin’ tether redeemed since start of crypto crisis Figures suggest company has paid out more than total cash on hand, as terra backers prepare relaunch