Thu, December 26

Roche Freedman Dropped by Court in Tether, Bitfinex Lawsuit

Roche is a crypto lawyer and founding partner at Roche Freedman. Both Tether and Bitfinex team have expressed their delight after the decision. According to a Bloomberg article from Thursday, the law firm Roche Freedman was dropped as counsel for the plaintiffs in the market manipulation class action case against

October 15, 2022 2 mins read

USDT Issuer Tether Reduces Commercial Paper Holdings to Zero

Commercial papers are short-term, unsecured debt instruments. The company had pledged to eliminate its commercial paper entirely by year’s end. One of the biggest stablecoin, Tether (USDT), has been in the news for a few different reasons recently. Although not everything that happened had a happy ending. An objection was

October 14, 2022 1 min read

Swiss McDonald’s Accepts BTC and Tether Payments

McDonald’s starts accepting BTC and USDT payments in Switzerland. Lugano city’s McDonald’s to be the first to accept crypto payments. City of Lugano is keen on making the city completely crypto based. McDonald’s, the world’s one of the first widely spread out multinational global fast food chains, has been accepting

October 4, 2022 2 mins read

Tether Reduces Commercial Paper Exposure Under $50M

The company intends to completely liquidate all of its commercial paper assets. Tether has been preparing to submit financial records to the New York Court. Tether (USDT), the biggest stablecoin in the crypto market, has been in the spotlight for a number of reasons recently.  The company’s previous auditor was

October 3, 2022 1 min read

Tether’s Ex-Auditor Charged by SEC For Violation of Laws

SEC charged $1 million against Tether’s former auditor. Tether requested to submit the required documents on USDT backing. According to an order released on Monday, the popular stablecoin issuer Tether’s ex-auditor has been fined $1 million by the US Securities and Exchange Commission (SEC). In 2017, Friedman LLP, a New

September 27, 2022 1 min read

Top 10 Cryptocurrency by Trading Volume, Tether Beats Bitcoin?

Tether (USDT) has a trading volume of 34 billion, which increased by 70.62%. Ripple price increased by more than 30% in the last 7 days. After facing a long bear trend, the month of September started with greens on the crypto market. As it, the price and trending volume of

September 25, 2022 2 mins read

Tether Announces Launch of USDT on Polkadot Network

Eleven different blockchains currently support Tether, USDT. A New York court ordered Tether Operations Limited to submit financial records. Tether, in a statement released on Friday, announced the release of its native token USDT on the Polkadot Network. Polkadot is an open-source blockchain platform that is decentralized. Moreover, it’s a

September 24, 2022 1 min read

New York Judge Demands Tether To Produce Financial Records

Katherine Polk Failla is the judge who presided over the case. The Tether exchange’s Bitfinex, Bittrex, and Poloniex account information was also requested.  Legal action was taken against the Tether (USDT) network because of allegations that it artificially inflated the price of Bitcoin [BTC] by releasing USDT. There has been

September 21, 2022 1 min read

Tether Releases USDT Stablecoin on Near Protocol

Tether USDT is now accessible on the 11th blockchain, the Near Protocol. When it first appeared in 2014, Tether was created on the Bitcoin (BTC) blockchain. Tether (USDT) has been released on the Near Protocol, marking the latest in Tether Operations Limited’s growing list of blockchain integrations. Tether said on

September 12, 2022 1 min read

Binance to Suspend Its Support for USD Coin

Binance to stop its support for USDC, USDP, and TUSD from the end of September. The existing funds of the coin will automatically convert these coins to BUSD. The largest cryptocurrency exchange, Binance recently revealed that the platform will discontinue its support for the stablecoins such as USD Coin (USDC),

September 6, 2022 1 min read
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