Tether


Markets

Bitcoin Spike Fueled by Short Squeeze as Market Shrugs Off Tether News

According to one analyst, some $1 billion in trading positions were liquidated as prices surged.

Bitcoin appears to have been caught up in a short squeeze that drove prices higher.

Videos

Report: Tether Executives Facing Criminal Bank Fraud Charges

Bloomberg reports executives from Tether are reportedly facing a criminal probe into bank fraud, with the U.S. Department of Justice investigating the USDT issuer for a possible offense conducted years ago. “The Hash” panel discusses the ongoing controversy around Tether and why this developing story is one to watch.

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Markets

USDT Maintains Dollar Peg as Traders Shrug Off DOJ Tether Probe Report

Unlike past scares, Monday’s report of a Department of Justice investigation hasn’t shaken traders’ faith in the stablecoin.

tether

Policy

Tether Executives Facing Criminal Bank Fraud Charges: Report

The U.S. Department of Justice is investigating Tether for a possible offense conducted years ago, Bloomberg reported Monday.

Developing_CD_Courts

Markets

Tether General Counsel Tells CNBC Audit Is 'Months' Away

A day after rival stablecoin issuer Circle released more data about the assets behind USDC, Tether executives went on CNBC’s online show Tech Check to answer questions about its own token, USDT.

2015 Department of Defense Warrior Games Track Finals

Markets

SEC Chair Hints Some Stablecoins Are Securities

Stock tokens and stablecoins backed by securities might be treated as securities under U.S. law, SEC Chair Gary Gensler said.

SEC Chair Gary Gensler

Markets

Bitstamp Adds Support for Euro-Backed Tether Stablecoin Amid Increasing Demand

Access to EURT will save Bitstamp's euro users time and money without a loss of purchasing power, a Bitstamp executive said.

Details Of The Euro

Videos

Tether Co-Founder: ‘Tokenization of Fiat Will Happen’

Amid the explosive growth of stablecoins, Tether co-founder William Quigley discusses why stablecoins are here to stay. “Every fiat currency, globally, of any significant economy, will be tokenized,” Quigley said. “There’s a lot of people in crypto who need a safe harbor …

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Markets

Crypto Long & Short: Crypto Needs More Than VC Interest

Plus: Correcting misconceptions about institutional interest in crypto, and why Circle going public may bring greater regulatory clarity in the U.S. for stablecoins.

Crypto Long & Short July 18