Tether Files Lawsuit Against Swan Bitcoin in UK Court Over Alleged Breaches

Tether has filed a lawsuit against Swan Bitcoin in the UK High Court, citing breaches of agreements. Learn about the escalating legal dispute and its implications for the cryptocurrency industry. Legal Dispute Highlights Growing Tensions in the Crypto Sector Tether, the world’s largest stablecoin issuer, has reportedly filed a lawsuit against Swan Bitcoin in the…

January 17, 20250Comments

ByGabriel Okokhuele Eromonsele

News

Blockchain Consultant Calls for Moderation and Strategic Timing from MICA over Spat with Tether

Alex Pawlowski, Managing Director at Ascent Partner called for a moderate approach and strategic timing from Europe's MICA in its ongoing spat with Tether (USDT). On the 30th of December 2024, Tether the largest stablecoin issuer in the world became officially non-compliant following stringent measures for stablecoins put in place by European Union’s Markets…

January 2, 20250Comments

ByMichael Ndu-okeke

News

2024 Fiat-Pegged Economy Swells as Stablecoins Reach $200B, Tether’s Market Soars 50% and New Players Emerge

The stablecoins market has exceeded $200 billion in total valuation by December 31, 2024, with Tether’s market growing by 50%. Learn how newer stablecoin players like Ethena's USDE are reshaping the market. Stablecoin Market Hits $200 Billion, Tether’s Dominance Grows As of December 31, 2024, the stablecoin market has surged past the $200 billion mark,…

January 1, 20250Comments

ByGabriel Okokhuele Eromonsele

News

Tether Completes First VC Investment by Injecting $2 million into Arcanum’s Web 3 Fund

Tether, the world's largest stablecoin issuer has officially pivoted into venture capital funding by pouring in $2 million into Arcanum Emerging Technology Fund II. The stablecoin issuing company which holds the highest market share fulfilled its long-term goal of diversification by opening up a new business offer for clients of the company. Arcanum announced the…

December 27, 20240Comments

ByMichael Ndu-okeke

Altcoins

Stablecoins Continue to Make impact As Businesses Explore Crypto integrations

As platform development rapidly accelerates, stablecoins continue to occupy a unique place within the blockchain space. These digital currencies, which are backed by hard assets, are widely derided by crypto purists. Nevertheless, as a means of storing and transferring wealth their popularity is growing rapidly. Now a number of recent moves indicates that they are…

January 30, 20200Comments

ByTrevor Smith

Altcoins Bitcoin News

Bitfinex & Tether Under Fire As New York Attorney General Investigates Possible $850 Million Fraud

Speculation of insolvency, and rumors of foul play are surrounding Bitfinex as New York Attorney General Letitia James has filed a claim against the exchange’s parent company, iFinex, accusing it of financial fraud. The claim asserts that the company has moved as much as USD $850 million held in reserve for the Tether stablecoin into…

April 28, 20190Comments

ByTrevor Smith

Altcoins

Tether Continues to Court Controversy as More Questions Emerge About Its Solvency

The increasing public interest in cryptocurrency is drawing greater attention to stablecoins, and their potential to reduce the volatility that has come to define market values. Tether (USDT) is by far the most popular of these digital assets, and has become a standard tool of traders and long-term investors alike. Nevertheless, since its inception in…

April 20, 20190Comments

ByTrevor Smith

Stable Coin, Base Pair Expansions Set to Revolutionize Trading in Coming Months

Although it is far too early to know if a price recovery is underway, this year promises significant development in terms of investment options in the crypto space. Already a number of banks and traditional financial institutions are preparing to offer crypto products, and institutional investment is all but certain to begin soon. Adding to…

January 7, 20190Comments

ByTrevor Smith

News

Curated blockchain and cryptocurrency news – Week 42

Welcome back to our weekly curated news article, where we explore and look at the events that unfolded in the past 7 days. If you have missed week 41, you can catch up with the events over here. Once again, we want to share the best events that have happened in this past week with…

October 24, 20180Comments

ByZoran Spirkovski

Altcoins

Report Says Tether Is Fully Backed By Dollars In Reserves, Questions Still Linger

Tether has released a report that proves that its claim that every USDT token is backed by a dollar in reserves is genuine. In its transparency report, the company revealed that an audit had been carried out by a renowned Washington-based law firm and that it had proven that the company had an approximately equal…

June 26, 20180Comments

BySteve Kaaru