Tag: USDt
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Bitfinex Gears Up For New Incoming Traders, Supports USDT-Tron And New Pairs
There have been a lot of crypto predictions so far this year, and most of them are really bullish. Experts and crypto analysts have been offering insight into the potential catalysts that might trigger a surge in Bitcoin and altcoins’ prices, and one of these triggers is a new, fresh wave of investors. Binance’s CEO,…
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Tether Triggers Doubts About Being 100% Backed By The US Dollar, Following The Latest Update On Its Website
Tether stablecoin managed to trigger some doubts again involving its claim that it’s 100% backed by the US dollar. Tether’s website was updated A new update that popped up on its website shows that its reserves can be at times comprised of assets other than the US dollar. This is quite a considerable deviation from…
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Tron Moves Towards Decentralized Finance: Justin Sun Announces Partnership With Tether To Integrate USDT On The Tron Blockchain
Tron has been making pretty significant moves lately. The latest one is that they’re teaming up with Tether in order to integrate USDT on the Tron blockchain. Supporting the Tron ecosystem A new TRC20-based USDT will be able to broaden the network’s capabilities, and it will enable interoperability for Tron-based dApps and protocols, says a…
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Tether (USDT) Is Off The Hook: There Is Zero Evidence To Prove That It Was Used To Manipulate Bitcoin’s Price, Study Says
Latest research that has been conducted by Ph.D. Wang Chun Wei concluded that there is no evidence that the USDT was used as a tool to manipulate Bitcoin (BTC)’s price back in 2017. The study is called The Impact Of Tether Grants On Bitcoin, and it has been written in May 2018 and used as…
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Is USDt and Bitfinex manipulating Litecoin (LTC), Ethereum (ETH), and Bitcoin (BTC) prices?
We looked at Tether and USDt recently with some skepticism about a hack that was announced with a specific number of $30 million USDt stolen and isolated to an unauthorized wallet. We advised caution and more research while we waited for further information about the hack which has not come from Tether. Now some of…
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Tether (USDT) Controversy & Mystery What Next
Controversy, mystery and Tether (USDT) go hand in hand. Many are confused at how this digital currency which explicitly defines itself as not being a currency or store of value has maintained a trading price of $1 for so long. If it’s not a currency, then what is it? How does it have such a…
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Is there more to the Tether USDt hack than we know?
We are getting good at this. Two days ago we mentioned Tether in our daily crypto tour and advised more research. Today we hear about $30 million in USDt that were ‘hacked’ and moved to an unauthorized wallet. Interestingly, the coins were tracked to a wallet but will only be blacklisted and isolated rather than…
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Around the Crypto World November 19, 2017
Korea and Kakao/Upbit – Upbit passes 50k downloads and now has more reviews than Bithumb on the Google playstore. Bithumb controls about 70% of the cryptocurrency trading market and has been downloaded 100k times and the Korean Won is the 3rd most active currency to trade Bitcoin. Recognizing this Kakao announced earlier this year it…