Bitfinex
Tether's First Reserve Breakdown Shows Token 49% Backed by Unspecified Commercial Paper
The new composition report is part of Tether’s efforts to stay in compliance with a settlement with the New York Attorney General.

$623M in Bitcoin From 2016 Bitfinex Hack Moved Under Cover of COIN Hype
But the impact on the market may be little.

Tether Takes Step Toward Transparency With First Accounting Firm Report Card
The report is similar to those produced by other stablecoin issuers like Centre or Paxos.

Bitfinex Seeks to Attract Institutional Investors With Off-Exchange Settlement
The integration will let investors make deposits and withdrawals more quickly, as well as mitigate counterparty risk.

Abra CEO Bill Barhydt: The Tether and Bitfinex Legal Case was a ‘Distraction’
Abra CEO Bill Barhydt commented on Tether’s $18.5 million settlement, saying the whole case was “a distraction” for the crypto space with no impact on bitcoin at all. He also explains why he anticipates more investigations.

Voyager CEO: Bitfinex, Tether’s $18.5M Settlement With NYAG ‘Extremely Positive Sign’ for Crypto Ecosystem
Voyager Digital CEO and co-founder Steve Ehrlich comments on the impact of the New York Attorney General’s settlement with Bitfinex and Tether.

Bitfinex, Tether Settle With NY AG for $18.5M: Cloud Lifted?
“The Hash” panel discusses the Bitfinex and Tether settlement with the New York Attorney General’s office, and whether or not a dark cloud looming over the crypto industry has truly been lifted.

NY AG’s Probe of Tether, Bitfinex Ends in $18.5M Settlement
Bitfinex and Tether reach a $18.5M settlement with the New York Attorney General, bringing 22-month inquiry to an end. CoinDesk’s Managing Editor, Global Policy & Regulation Nik De joins “First Mover” to explain what this ruling means for the wider crypto industry.

Paxos CEO: Mainstream Adoption of Crypto Will Revolutionize the Financial System
Charles Cascarilla, CEO of Paxos, joins “First Mover” to weigh in on the Bitfinex and Tether settlement, the rise of USDT around the world and the impact of institutional adoption by major players including PayPal.

Tether Deal With New York State Brings Quick Reversal of Crypto-Market Sell-Off
The settlement appears to remove what might have been a systemic threat to cryptocurrency markets.

