Markets

Crypto Exchange Bitfinex Denies Accusations of Insolvency

Bitfinex has hit back against claims it is insolvent, disclosing wallet addresses appearing to show it holds over $1.5 billion in crypto assets.

Bitfinex

Markets

Tether's Impact on Bitcoin Price Not 'Statistically Significant,' Study Finds

Issuance of tether (USDT), the controversial stablecoin, has had no meaningful impact on the price of bitcoin, a newly published academic study found.

stocks on screen

Markets

Swiss Crypto Startup Eidoo Announces Token Tied to the Price of Gold

Eidoo, the multicurrency crypto wallet and decentralized exchange, has announced a new token that's redeemable for actual gold.

Gold pan

Markets

A Top-20 Crypto Exchange Is Replacing Tether With a Rival Stablecoin

Tether, despite questions surrounding its finances, remains the dominant stablecoin. Following a recent announcement, is that starting to change?

weights, measures

Markets

IBM Is Helping Launch a Price-Stable Crypto With FDIC-Insured Funds

The latest attempt to create a crypto pegged to the U.S. dollar, or stablecoin, combines 21st-century technology with an invention from the 1930s.

Bridget van Kralingen, IBM

Markets

Tether Hires Former Bank Analyst as Chief Compliance Officer

Tether, the company behind the dollar-tied USDT, has hired a chief compliance officer from the eighth-largest bank in North America.

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Markets

Tether on Strings? Crypto Debates Fresh Round of Manipulation Claims

An investigative Bloomberg article raising concerns about market manipulation of tether on the Kraken exchange has sparked a social media firestorm.

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Markets

Tether Code 'Flaw' Was Actually an Exchange Error

A suspected vulnerability in Tether's code for its USDT stablecoin has been confirmed as an exchange integration issue, not a protocol bug.

usdt2

Markets

Bitfinex's Chief Strategy Officer Leaves Crypto Exchange

Crypto exchange Bitfinex's chief strategy officer Phil Potter is leaving the firm, Reuters reported Friday.

exit, sign

Markets

Crypto Cries Foul In Wake of Tether's Dollar Token Report

Tether announced its tokens are fully-backed by real cash according to a third-party review but the crypto community doesn't seem convinced.

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