Monday, October 21, 2019

104 Addresses Hold 70% of Tether, Research Reveals

The ownership of tether (USDT) turns out to be quite concentrated. According to a recent report, a few addresses control the bulk of the...

China Pumps $28 Billion into Economy, Crypto Waits For Boost

The Chinese central bank has pumped nearly $30 billion into the economy after recent data showed a slowdown. Chinese crypto investors may get another...

China Injects Billions as Economy Slows, Will Investors Turn to Bitcoin?

America is not the only country manipulating its money in order to prop up a flagging economy. Today China unexpectedly injected billions in cash...

Bitfinex calls $1.4 trillion Tether lawsuit ‘meritless and mercenary’

iFinex, the parent company of crypto exchange Bitfinex and Tether, is facing a lawsuit accusing them of manipulating the market. Five traders claiming class...

Tether Created ‘Largest Bubble in Human History’ Claims Lawsuit Against Bitfinex

A common attack against Tether in the crypto ecosystem is that the stablecoin isn’t really backed one-to-one by the U.S. dollar. We might soon...

Tether Keeps On Printing, Unfazed by $1.4 Trillion Lawsuit

Tether keeps printing new USDT coins, despite facing a recent lawsuit with claims for $1.4 trillion. The stablecoin producer revealed several transactions that expanded...

“The Largest Bubble”: Tether (USDT) Backers Hit With New Class Action Lawsuit

Plaintiffs have filed a class action lawsuit seeking damages worth more than $1.4 trillion USD against the backers of tether (USDT) and multiple affiliates...
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