Tether

Stablecoin Tether Outperformed XRP as 3rd Largest Cryptocurrency

Tether’s USDT in market capitalization has just surpassed XRP. Becoming the third-biggest cryptocurrency in the moments leading to the bitcoin halving. Sitting with an $8.79 billion market value, it is now higher than XRP, whose market cap is approximately $8.6 billion. Currently, USDT is second only to Ether (ETH) as the largest altcoin in the […]

Bitfinex to delist 87 crypto trading pairs

BitFinex to Delist 87 Crypto Trading Pairs on March 26 Aiming to Improve Liquidity

Major cryptocurrency exchange BitFinex announced the removal of 87 crypto trading pairs due to low liquidity levels as of March 26 at 10:00 GMT. According to the company, the measure seeks to consolidate and improve liquidity, allowing them to move towards a more streamlined and optimized trading experience. BitFinex provided to the media additional details […]

Tether launches on bitcoin cash network

Tether’s USDT Now Available on BCH Blockchain Network

The world’s biggest stablecoin, Tether’s USDT, just launched on the Bitcoin Cash blockchain network and seen a massive surge of interest in recent weeks because of the haven status. Tether reached a market cap of $5.7 billion, and now more than $180 million was minted over the past week surpassing Bitcoin’s price increase in the […]

BitFinex launches tether gold futures trading after it hit $21m market cap

BitFinex Launches Tether Gold Futures Trading After It Hit $21M Market Cap

Major cryptocurrency exchange BitFinex, the sister exchange of stablecoin firm Tether, has rolled out futures trading for Tether’s new gold-backed coin. Starting on 6th March, BitFinex users can trade futures contracts on Tether Gold (XAUT) against Tether (USDT), a widely-known and controversial stablecoin pegged to the United States dollar. The new feature is only available […]

Tether CTO to tell the story of USDT

Tether CTO to Tell the Story of USDT Stablecoin at Upcoming Conference

Amid ongoing lawsuits surrounding controversial stablecoin Tether (USDT), the company’s CTO plans to detail the asset’s background at an upcoming conference. BitFinex & Tether CTO Paolo Ardoino is slated to recount “the story of Tether’s inception and success” in the keynote speech at the CryptoCompare Digital Asset Summit in London on March 10, a statement […]

BitFinex completes another $100M repayment to Tether

BitFinex Completes Another $100M Loan Facility Repayment to Tether

Hours after experiencing a major denial of service attacks (DDoS) attack, Bitfinex has announced it repaid another part of the loan facility to Tether. In a Feb 28 blog post, BitFinex revealed that the cryptocurrency exchange repaid $100 million of outstanding loan facility to major stablecoin operator Tether (USDT). Similarly to a previous repayment in […]

tether

Tether to Track Stablecoin Network Activity with Chainalysis Suite

Chainalysis is rolling out a global compliance solution for Tether (USDT). The announcement just happens through a press release. As a result, the stablecoin’s issuer is now able to identify “high risk” transactions occurring on its network. The tracking is possible via Chainalysis’ Know-Your-Transaction (KYT) suite which allows token issuers to monitor the activity of […]

Binance futures now support Zcash

ZCash Is Now Available on Binance Futures with New Perpetual Contract

Binance Futures is launching a Zcash-Tether perpetual contract with a maximum leverage of up to 50X. According to the announcement, Binance’s futures platform will make ZEC/USDT contract go live at 8.00 AM on 5th Feb 2020. In a bid to prevent market manipulation, Binance says it has chosen to set a pricing limit of ±1% […]

omni layer

Tether Sponsors Omni Layer: A New Version of Bitcoin Tokenization Layer

The stablecoin operator behind USDT, Tether starts funding the Omni Layer which is a new version of the Bitcoin tokenization layer. The company announces the release of Omni Core 0.7.0 through a press release. And, the entire development is going to sponsor by Tether. Reports come that the new version will reportedly enhance the network […]

BitPay supports

BitPay Supports USDC, GUSD, & PAX; USDT Still Remain Excluded

The all-time controversial cryptocurrency payment processor BitPay supports three major stablecoins now in addition to its existing list of supported tokens. According to the press release, BitPay confirms that businesses could accept payment in USDC, GUSD, and PAX. All of them are pegged to the U.S. dollar. USDC stands for USD Coin GUSD stands for […]