Tether (USDT)

Tron-Based Tether Has Ballooned to Over 900 Million Tokens, Almost 22% of Total Supply

Since Tether’s (USDT) migration to other networks beside the BTC-based Omni protocol, significant shifts have taken place seeing the heavily-printed stablecoin rise to prominence also via Ethereum’s ERC20 standard and Tron’s TRC20 implementation. Ethereum-based USDT supply currently sits at over 2.2 billion tokens, while the Omni equivalent stands at around 1.5 billion. The Tron network...
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Why Tether Will Continue to be a Hit Amongst Crypto Traders?

Tether (USDT) is still the stablecoin of choice for most crypto traders. Despite criticism about Tether, Inc. not having complete fiat backing, as well as the banking troubles of iFinex, the coin is still widely used. USDT Keeps Market Share Despite Alternative Stablecoins The market share of USDT remains above 97%, even as more stablecoins...
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Tether (USDT) Volume Raging Amid Crypto Market Crash

The turnover and volumes of Tether (USDT) boomed in the past days, while the market was crashing. USDT volumes are now above $31 billion, as sell-offs boosted the demand for stablecoins. Tether in the Top 4 USDT is now the fourth largest coin by market capitalization, lining up at the top as other assets slid....
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Bitfinex Is Under New Legal Attack With Another Lawsuit Filed

The controversy around the Bitfinex exchange and Tether (USDT) continues today. As the latest Tether cryptocurrency news show, Bitfinex is under new legal attack as another “copycat” class action lawsuit was recently filed against it with the US District Court for the Western District of Washington. An official statement shows that “mercenary” lawyers are the...
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Tether Will Support Peter McCormack In A Craig Wright Lawsuit

Tether will support the latest lawsuit by crypto podcaster Peter McCormack against the self-proclaimed Bitcoin creator Craig Wright as we are reading further in the Tether cryptocurrency news. The general counsel for Tether and crypto exchange Bitfinex, Stuart Hoegner revealed back on November 8 that Tether will also reject the claims made by Wright of...
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Huobi US to Rival Binance.US as Huobi Global Planning to Freeze Accounts of U.S. Residents

Huobi Global announced on November 4 that it plans to freeze all US user accounts by November 13 advising them to shift to Huobi.US. Most crypto exchanges have for some time now had challenges operating within the United States. On the other hand, most of the countries in Asia and Europe have taken an initiative...
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Binance.US Exceeds $15 Million Daily Trading Volume One Month after Launch

The U.S. arm of Binance has not only achieved an incredibly daily trading volume but also has increased token listings from 7 to 24 tokens. In September, one of the world’s most popular cryptocurrency exchanges Binance launched its U.S. arm, initially allowing U.S0. citizens to trade 13 cryptocurrency pairs across Bitcoin (BTC), Bitcoin cash (BCH),...
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DAI and USDT to Lead the Way for Stablecoin Adoption

Adoption of stablecoins seems to be currently picking up steam and both the DAI and Tether’s USDT are at the forefront. The cryptocurrency sector is largely an exciting one and there are always new events every day, which shows that there are growth and development being recorded. While crypto adoption is improving, there is a...
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Tron and EOS Are Now among China’s Favourites in Latest Crypto Rankings

China’s state-backed tech workgroup has released its fourteenth crypto rankings report, with Bitcoin ranked 11th, Tron – 2nd, and EOS (EOS) retaining the top spot It seems that Tron (TRX) and EOS became China’s favorite children, at least if it’s to believe newly published CCID Crypto Ranking. The Chinese Ministry of Industry was always perplexing...
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Bitfinex Claims to Be Victim of Fraud After Crypto Capital President Arrested

The operators of Bitfinex claim that the cryptocurrency exchange is a victim of fraud committed by its payment processor Crypto Capital. The men behind Crypto Capital now face charges related to money laundering in Poland and the U.S. Also Read: Tether Created ‘Largest Bubble in Human History’ Claims Lawsuit Against Bitfinex Crypto Capital Leadership Accused...
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Stablecoin Tether (USDT) Gains Popularity As Payments Method

Stablecoin Tether (USDT) gained a lot of popularity as a payment method in recent times and some analysts see it catching up with Ether and Bitcoin. Let’s check the Tether cryptocurrency news today and find out more. As the reports say, the crypto payments processor CoinPayment registered the rapid increase of popularity the stablecoin Tether...
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Crypto Capital President Arrested for Alleged Drug Trafficking and Money Laundering

Authorities in Poland have successfully secured the arrest of the president of Crypto Capital. The president of the crypto services company, Crypto Capital, has been arrested by authorities in Poland for his alleged involvement in the crime. Ivan Manuel Molina Lee was recently picked up by Polish police under the accusation that he is deeply...
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Binance to Introduce First Fiat-Crypto Trading Pair with Russian Ruble

Binance CEO Changpeng “CZ” Zhao announced that they are preparing for launching fiat options, including the Russian ruble. Popular crypto exchange Binance which has been working on a fiat trading solution for its customers is finally ready to launch. To kick-start this innovation, the exchange will work with Russian rubles in the beginning phase. This interesting...
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Bitfinex Requests Subpoena to Access Seized Funds Worth $880 Million

Bitfinex’s parent company iFinex Inc. filed an application to the court to recover $880 million of allegedly inaccessible funds. Bitfinex, the cryptocurrency exchange which has been enmeshed in a legal tussle for a while now, has filed an application with the US Court in the Central District of Southern California, through its parent company, iFinex...
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Tether Moved All USTD Activity To The Ethereum Network

A New York based legal firm recently filed a lawsuit against Tether (USDT) and the Bitfinex exchange which issues the stablecoin, accusing them both of cryptocurrency market manipulation.Roche Freedman is the name of the legal firm which recently filed a class action lawsuit alleging that the firm behind the stablecoin and the affiliated exchange have...
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Is Samsung on the Verge of Partnering with Justin Sun?

The crypto community is waiting for Samsung Developer Conference with bated breath. Will Samsung-Tron partnership be announced or it is not more than rumors? Samsung’s announcement that TRON CEO Justin Sun would speak at the company’s forthcoming Developer Conference took many by surprise. The San Jose event, to be held over two days from October...
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Binance Unveils P2P Trading Facility for Chinese Yuan

Photo: Binance Blog Crypto exchange Binance is on an aggressive development spree this year. On Wednesday, October 9, Binance has launched its new P2P trading facility for trading cryptocurrencies against the Chinese Yuan. Currently, this facility is only available for Android users. However, it has promised to roll-out this facility on iOS and web interface...
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New York Law Firm Charges Tether and BitFinex With Market Manipulation

Barely two days after disputing involvement in market manipulation, stablecoin Tether and Bitfinex exchange are in fresh trouble. A New York-based law firm Roche Freedman LLP has charged iFinex and associated individuals and companies with collectively using cryptocurrency to “defraud investors, manipulate markets, and conceal illicit proceeds.” The law firm alleges that BitFinex and Tether...
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Lawsuit Claims Bitfinex and Tether Manipulated the ‘Largest Bubble in Human History’

While the plaintiffs claim that it would be “premature” to calculate damage inflicted by Tether and Bitfinex, they have estimated that the defendant’s liability likely surpasses a whopping $1.4 trillion. In a typical class action, a plaintiff, per Wikipedia, sues a defendant or more of them on behalf of a group, or class, of absent...
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Bitfinex and Tether are Expecting Another Lawsuit for Market Manipulation

Citing the possibility of engaging in yet another legal lawsuit, Tether and Bitfinex launch a pre-emptive strike on an unknown study claiming complete innocence in the matter. Stablecoin operator Tether Ltd. and its crypto exchange ally Bitfinex are expecting another lawsuit for charges of market manipulation. Citing an “unpublished and non-peer reviewed paper” the two...
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Bitfinex Braces for Imminent Lawsuit Alleging Tether Manipulates Crypto Market

The operators of the cryptocurrency exchange Bitfinex and the stablecoin Tether are again engaged in public relations crisis management. They have notified users of an imminent lawsuit over market manipulation allegations and are trying to frame it as just a shameless money grab attempt. Also Read: Zimbabwe Bans Popular Mobile Money Services From Paying out...
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Bitfinex Disagrees With The ‘Meritless And Mercenary’ Report

The US retail giant Walmart is in the blockchain news today for an innovation that allows it to track its shrimp supply chain. We are obviously talking about blockchain, which is the technology that enables Walmart and IBM to track the shrimps and how they are processed to select locations. As reports in the Indian...
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Tether Expects Another Lawsuit Based On Market Manipulation

Tether expects another lawsuit according to the website of the platform saying that the research ‘’Mertiless and Mercenary’’ shows how the company manipulated the markets and we are about to read further in the latest news on altcoin. Tether was under an investigation by the New York Attorney General for more than six months and...
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Tether and Bitfinex Dispute Reports on Market Manipulation

The pioneer stablecoin Tether (USDT) and Bitfinex exchange have refuted claims that they engage in cryptocurrency market manipulation. In an announcement that appeared on the websites of both Tether and Bitfinex, the two crypto-related entities said they would dispute non-peer review facts that accuse companies of stage-managing the crypto market. The announcement reveals that companies...
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Could Tether Be the World’s Most Used Cryptocurrency Ahead of Bitcoin?

Research and analysis reveal that Tether could be the world’s most used cryptocurrency for months now because its daily and monthly trading volumes surpass those of Bitcoin by far. What is the most used crypto in the world today? Many may think that it is Bitcoin since it accounts for over 67% of the digital-asset...
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BTI Claims 64% Of Tether Is Used For Fake Trading

BTI, or the Blockchain Transparency Institute has gathered evidence which shows that for a longer period of time, Tether is used to deliberately sway crypto markets and wash trading was noted in 64 percent of all trading activity as per the blockchain latest news today. The recent research that was conducted by the BTI identified...
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Binance Staking Platform Launched for 8 Cryptocurrencies

Binance has launched its staking platform that enables users to earn dividends or interest on their digital assets just for depositing them on the platform. Binance, one of the world’s leading cryptocurrency exchanges, on Thursday announced the launch its staking platform that will enable its users to earn cryptocurrencies for only depositing their funds on...
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Crypto Exchange Giant Binance Finally Launched US Trading

Today, on September 24, crypto exchange giant Binance has announced the launch of its arm in the U.S. market. Binance.US is finally opened. Malta-based cryptocurrency exchange Binance has finally opened up it’s long-awaited “store” in America’s part of the crypto-space, by launching trading on its new exchange for U.S. users. Today, on September 24, Binance.US...
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BNB Will Be Available for US Traders on Binance US

Binance US is launching today. Binance CEO Changpeng Zhao has confirmed that Binance Coin (BNB) will be listed as well as Bitcoin, Ethereum, Bitcoin Cash, Litecoin and XRP. The crypto community in the US has been waiting for it. And it is finally here. Yes, we are speaking about a long-awaited Binance US exchange. One...
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Bitcoin Price Remains Stalled While ETH and XRP Lead the Rise Adding 7% and 16%

The altcoin markets just woke up suddenly with Ethereum and XRP leading the way adding 7% and 16% correspondingly. Despite Bitcoin price makes no major movements, this may mean that the market is starting to mature. Out of the blue, the crypto space seems to have come alive after weeks of sideways trading and little...
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