Major crypto exchange Bitfinex and Tether, the issuer of the most popular stablecoin, tether (USDT), said they have reached a settlement of legal proceedings with the New York Attorney General’s Office (AOG). However, both companies are banned from …
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Blow to Bitcoin Haters as Tether & Bitfinex Settle with New York Attorney General
New York Attorney General Letitia James made an announcement Tuesday about reaching a settlement agreement with iFinex, the parent company of Bitfinex, and Tether, which puts an end to a 22-month legal battle. …
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Bitcoin’s tail risk could be ‘sudden loss of confidence’ in Tether
A serious risk to bitcoin could be a “sudden loss of confidence” in Tether (USDT) stablecoin, according to JPMorgan analysts. In a comprehensive, 86-page report published Thursday, JPMorgan analysts, led …
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2,000,000,000 USDT will be moved from Tron to Ethereum
Chief technical officer at Bitfinex and Tether Ltd, Paolo Ardoino, announced that a staggering amount of USDT will be transferred from Tron’s TRC20 to Ethereum’s ERC20: 2,000,000,000 USDT. Ardoino has …
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