Tether Archives

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20 June, 2023

Coinbase account issues have eerie echoes of gaming scandals

Coinbase customers are complaining about their accounts being closed without any explanation; complaints include quotes from Coinbase that refuse to...

Reginald Fowler gets 6 years in prison over crypto shadow banking

Business

Steve Kaaru

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6 June, 2023

Reginald Fowler gets 6 years in prison over crypto shadow banking

Reginald Fowler gave ‘crypto’ firms a backdoor into the U.S. banking system and transacted $750 million for ‘crypto’ firms, including...

Tether’s plan to blow billions in ‘profits’ on BTC questioned

Business

Steven Stradbrooke

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18 May, 2023

Tether’s plan to blow billions in ‘profits’ on BTC questioned

Tether announced that starting this month, it would “regularly allocate up to 15% of its net realized operating profits towards...

SEC tells cranky Coinbase to take a time-out on digital asset clarity

Business

Steven Stradbrooke

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17 May, 2023

SEC tells cranky Coinbase to take a time-out on digital asset clarity

The SEC’s response to a U.S. Third Circuit Court of Appeals stated that Coinbase failed to demonstrate that it’s owed...

Tether attestation dressed up as an audit undressed by former SEC enforcer

Business

Steven Stradbrooke

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15 May, 2023

Tether attestation dressed up as an audit undressed by former SEC enforcer

Tether claims to have made nearly $1.5 billion in ‘net profit’ according to the latest Not An Audit™ by the...

US bipartisan stablecoin bill could spell doom for Tether

Business

Gavin Lucas

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18 April, 2023

US bipartisan stablecoin bill could spell doom for Tether

The draft bill states a two-year interval on issuing stablecoins and access to central bank borrowing and deposit accounts but...

Tether’s use of Signature Bank for USD transactions a touchy subject

Business

Steven Stradbrooke

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6 April, 2023

Tether’s use of Signature Bank for USD transactions a touchy subject

Slamming a Bloomberg report, Tether insists it did not have an account with Signature Bank, but its use of Signet...

Stablecoin market share rises to 12.9% as of January 2023, CoinGecko report finds

Business

Jordan Atkins

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21 March, 2023

Stablecoin market share rises to 12.9% as of January 2023, CoinGecko report finds

Interestingly, 2022 saw the market share occupied by smaller stablecoin projects vanish, with a significant drop-off in May 2022 which...

Binance denies reports that other B-tokens are insufficiently backed

Business

Steven Stradbrooke

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2 March, 2023

Binance denies reports that other B-tokens are insufficiently backed

Voyager Digital announced that most of its creditors had voted in favor of its restructuring plan that will see Binance.US...

Hong Kong to regulate digital asset exchanges

Business

Gavin Lucas

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22 February, 2023

Hong Kong to regulate digital asset exchanges

Hong Kong’s SFC has asked the public for opinions on whether centralized digital currency exchanges in the country should be...

Is Tether a scam? Think twice before using USDT

Business

Gavin Lucas

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15 February, 2023

Is Tether a scam? Think twice before using USDT

Tether is a red flag, and countless pieces of evidence support that, including the questionable identities of its execs, hiding...

Paxos ordered to cut ties with Binance, will stop minting BUSD stablecoin

Business

Steven Stradbrooke

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14 February, 2023

Paxos ordered to cut ties with Binance, will stop minting BUSD stablecoin

Citing "unresolved issues" tied to its relationship with Binance, the NYDFS ordered Paxos to halt the minting of BUSD while...

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