Tether Archives

Tether claims $700M ‘profit’ in Q4, won’t say how

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13 February, 2023

Tether claims $700M ‘profit’ in Q4, won’t say how

Tether CTO Paolo Ardoino gave an interview in which he celebrated Tether's ability to redeem $7 billion—10% of its alleged...

Celsius tosses scraps to victims, Alex Mashinsky thought himself infallible

Business

Steven Stradbrooke

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2 February, 2023

Celsius tosses scraps to victims, Alex Mashinsky thought himself infallible

Jenner & Block attorney Shoba Pillay, the bankruptcy court-appointed examiner of the collapsed Celsius crypto lending platform, released a 689-page...

Crypto.com scrambles to calm customers after Lithuania banking crackdown

Business

Steven Stradbrooke

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31 January, 2023

Crypto.com scrambles to calm customers after Lithuania banking crackdown

Singapore-based Crypto.com responded to the loss of service by informing its customers that Euro deposits and withdrawals had been “temporarily...

Japan’s FSA to lift ban on foreign stablecoins by June 2023

Business

Wahid Pessarlay

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28 January, 2023

Japan’s FSA to lift ban on foreign stablecoins by June 2023

The Financial Services Agency said that work is currently underway to allow the domestic distribution of stablecoins in the country...

Binance resorting to shady payment providers as legitimate options run short

Business

Jordan Atkins

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25 January, 2023

Binance resorting to shady payment providers as legitimate options run short

Signature’s decision to pull back from the digital asset space chaos won’t stop Binance from finding another bedfellow—the question is...

Business

Gavin Lucas

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18 January, 2023

Binance is bad news—is anyone still surprised?

FBI special agent Daniel Sirmons believes that funds deposited into Binance accounts are from ransomware attacks and, thus, subject to...

Business

James Field

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16 January, 2023

Systemic risk and digital assets

The impact of FTX's collapse may be largely restricted to the digital asset industry, but one effect the crisis had...

Unravelling the Moonstone Bank stablecoin gambit

Business

James Field

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3 January, 2023

Unravelling the Moonstone Bank stablecoin gambit

A few weeks before the collapse of FTX, Moonstone Bank partnered with fintech company Fluent Finance on a stablecoin venture...

Philippines: SEC warns public against investing in Tether Pay

Business

Wahid Pessarlay

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3 January, 2023

Philippines: SEC warns public against investing in Tether Pay

An online investment from Tether Pay claimed to offer investors returns of up to 210% in 70 days or 3%...

Sam Bankman-Fried’s only way out is ratting on Binance and Tether

Business

Steven Stradbrooke

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27 December, 2022

Sam Bankman-Fried’s only way out is ratting on Binance and Tether

Sam Bankman-Fried’s only hope of not spending the best years of his life behind bars is to dish the dirt...

Why did Bitfinex delist BSV? Joshua Henslee explains the situation

Business

Gavin Lucas

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27 December, 2022

Why did Bitfinex delist BSV? Joshua Henslee explains the situation

Henslee concludes that it’s a good thing BSV was delisted from Bitfinex as this exchange is shady for him, and...

What does Senator Pat Toomey’s stablecoin bill mean for the digital currency industry?

Business

Gavin Lucas

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26 December, 2022

What does Senator Pat Toomey’s stablecoin bill mean for the digital currency industry?

Senator Pat Toomey’s Stablecoin TRUST Act of 2022 bill and any laws based on it would reward issuers that play...

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