April 18th, 2025
Tether (USDT) News - Page 34
Binance’ New Futures Trading Platform Hits All-Time High of $150M in Daily Trading Volume
By Christopher Hamman
September 11th, 2019
Binance recently launched its futures trading platform which is on an invitation-only basis. The soft launch has already raised about $150 million in less than twenty-four hours. This may mean good things for the cryptocurrency exchange.
Tether Launches a New ERC-20 Stablecoin Backed by Chinese Yuan
By Darya Rudz
September 10th, 2019
Backed by offshore yuan, the new stablecoin adds to three other Tether’s stablecoins pegged to such fiat currencies as U.S. dollar (USDT), Euro (EURT) and the Japanese yen (JPYT).
Binance Takes over Seychelles-Based Crypto Exchange JEX
By Wanguba Muriuki
September 3rd, 2019
Binance enters into the cryptocurrency derivatives market with the acquisition of an exchange based in Seychelles, JEX, which will rebrand to Binance JEX offering options, futures, and perpetual contracts.
Binance Announces Phase Two of Lending Products Platform
By Tolu Ajiboye
September 3rd, 2019
After a highly successful phase on launch of Binance Lending, the exchange has now announced the launch of a second phase with a few more digital assets added including BTC, ETH, and ADA.
Binance Announces Crypto Lending Launch with 15% Interest
By Tolu Ajiboye
August 26th, 2019
The speculations to CZ’s Twitter teaser have proven to be true – Binance has now announced the upcoming launch of its crypto lending service. Users can earn up to 15% interest on BNB and other assets.
Tether Plans to Launch New Stablecoin ‘CNHT’ Pegged to Offshore Chinese Yuan
By Ikenna Uwakwe
August 21st, 2019
At the wake of an increased patronage for stablecoins, Tether adds yet another stablecoin to its repository, unveiling that this new ‘CNHT’ stablecoin would be tied to the offshore Chinese Yuan.
Bitcoin Price Rose 3% as NY Supreme Court Denies Bitfinex’s Lack-of-Jurisdiction Claim
By Teuta Franjkovic
August 20th, 2019
The New York Supreme Court ruled that the matter between the state’s Attorney General and iFinex, the parent company of the exchange Bitfinex, may continue.
Coinbase Participates in $4.3 Million Funding Round of Crypto Derivatives Platform Blade
By Bhushan Akolkar
August 13th, 2019
Crypto derivatives platform Blade will allow users to trade its perpetual swap contracts in Bitcoin and altcoins with up to 150x leverage. Coinbase, as well as other giants, took part in this funding round.
80% of Tether Supply is Held in Just Around 300 Addresses
By Wanguba Muriuki
August 8th, 2019
The latest reports reveal that just 318 Tether whales control over 80% of its circulating supply with each of them holding at least $1 million worth of USDT tokens making the market vulnerable to manipulation.
Tether Launches on Blockstream’s Sidechain the Liquid Network
By Ikenna Uwakwe
July 30th, 2019
In a bid to provision digital currency traders with an ample means to manage all of their assets from a single wallet, an upgraded version of the number one stablecoin – Tether, would be launched on Blockstream’s Liquid Sidechain Network.
CFTC Investigates Crypto Exchange BitMEX Over Client Trades
By Teuta Franjkovic
July 19th, 2019
The U.S. Commodity Futures Trading Commission (CFTC) is reportedly probing crypto derivatives exchange BitMEX to determine whether it broke rules by allowing U.S. traders on its platform.
Binance Fixes the Circulating Supply for Binance Coin, BNB Price Shoots 5%
By Bhushan Akolkar
July 19th, 2019
The anomaly with the circulating supply of Binance Coin caused a massive $1.5 billion drop in its market cap this week. Binance assures that it has resolved the problem and BNB is back on track.
Following Omni, Ethereum, Tron and EOS, Tether Launches Algorand-based USDT
By Tolu Ajiboye
July 17th, 2019
Tether has just announced the launch of its USDT on the Algorand blockchain. This addition makes it the fifth blockchain to support the stablecoin after Omni, Ethereum, Tron and EOS.
Tether Accidentally Minted 5 Billions Worth of USDT
By Teuta Franjkovic
July 15th, 2019
The Whale Alert Twitter account caught a $5B Tether print run. Tether and Bitfinex CTO Paolo Ardoino confirmed that this was a mistake and that the surplus USDT had been destroyed. Nevertheless, Bitcoin price started to depreciate.
Binance Officially Launches its Margin Trading Platform
By Teuta Franjkovic
July 11th, 2019
Binance users are now able to trade some cryptos on margin, using the exchange’s newly launched trading platform. The new service is paired with the existing cryptocurrency exchange under one platform, labeled Binance 2.0.