Tether

Tether

Markets

'Up to 100 Million' Paxos Stablecoins to Be Issued on Ontology Blockchain

Ontology is to launch the Paxos Standard stablecoin, a regulated token backed by U.S. dollars, on its blockchain.

Paxos

Markets

$10 Million in Paxos Stablecoins Printed Overnight Following Tether Allegations

More than 10 million Paxos Standard stablecoins were minted after the New York Attorney General's bombshell allegations about rival issuer Tether.

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Markets

Bitfinex Covered $850 Million Loss Using Tether Funds, NY Prosecutors Allege

New York's Attorney General has obtained a court order against crypto exchange Bitfinex's operator iFinex as well as stablecoin company Tether.

letitia_james_new_york_attorney_general_shutterstock

Markets

Bitfinex Drops Minimum Balance to Trade on Crypto Exchange

Bitfinex has removed its $10,000 minimum equity requirement to start trading on the cryptocurrency exchange.

Bitfinex

Markets

A New Bank for Crypto Traders Has Opened in Puerto Rico

A new Puerto Rico-based financial institution catering to traders of cryptocurrency has opened for business.

San Juan, Puerto Rico,

Finance

Justin Sun Draws Heat From Tron Fans for Waffling on Promised Prizes

There's an unclear line between Tron Foundation accounts and CEO Justin Sun's personal expenditures on the community, as a recent Tesla giveaway shows.

Tron founder Justin Sun

Markets

Tether Says Its USDT Stablecoin May Not Be Backed By Fiat Alone

Tether has updated the terms on its website, saying that its dollar-pegged USDT stablecoin may not be backed 100 percent by fiat reserves.

tether

Markets

Tether to Launch New Version of USDT Stablecoin on Tron Blockchain

Tether is gearing up to launch its controversial stablecoin as a native token on the Tron blockchain.

Justin Sun speaks at niTRON Summit 2019 in San Francisco, photo by Brady Dale for CoinDesk

Markets

Ex-Tether Exec Joins Venture Launching Stablecoin Clearinghouse

A former Bitfinex and Tether exec and crypto finance firm XBTO are launching a Bermuda-based clearinghouse for stablecoins.

Bermuda

Markets

Game of Coins: Inside the Paxos-Gemini Stablecoin Discount War

Here's why several stablecoins saw sudden bursts of activity over the past three months.

game of thrones