
April 16th, 2025
The New York Supreme Court has ordered Tether to stop loaning funds to its associated exchange Bitfinex. The orders also include Tether not, distributing any funds to executives, employees or others except regular business-related purposes.
Expanding USD Coin to 85 countries, Coinbase hopes to reach a large number of users and get closer to living up its ambition for a global presence.
Facebook has announced that they are relaxing their advertising ban on companies promoting products and services relating to crypto. The move comes as the company is talking about its efforts to create a stablecoin to use within some of its apps.
Platinum Q DAO Engineering: “The great story of stablecoins USDQ, KRWQ, CNYQ, JPYQ will never be even close to the Tether’s USDT scandal”.
After the recent and most unexpected hack of the Binance exchange, in which 7,000 BTC were stolen, Justin Sun has publicly offered to donate 40 mln USDT to support the exchange and buy TRX, BNB, BTT and other coins with that money.
Next week Bitfinex is expected to issue an initial exchange offering (IEO) to gain $1billion through a token sale. It’s got transpired from the post made by Bitfinex shareholder Zhao Dong.
Following Bitcoin, which hit its 2019 all-time-high, all cryptos are seeing growth in their prices. Some have increased slightly, others are enjoying a hike.
After its listing on Binance, the Cosmos (ATOM) crypto token got a huge boost and massive liquidity propelling the digital currency to new highs.
After the latest seizure of funds by the NYAG office, Bitfinex is looking for ways to recover the funds. Conducting and IEO and issuing a native exchange token is one of the probable options.
Bitcoin bull and Fundstrat analyst Tom Lee believes that crypto winter is already over and Bitcoin is preparing to reach new highs in 2020.
Paxos Standard (PAX) stablecoin is to become available on the Ontology’s blockchain network in May to facilitate fiat transactions.
The fresh allegations come from the New York Attorney General’s office that accuses Bitfinex of covering the massive loss by transferring funds from Tether reserves without informing the exchange’s customers.
If compared with asset management services that already exist in the financial market, UBLEX’s newly-launched VFAM service boasts easy registration and simple commission calculation.
Huobi Global is getting ready to launch its new ultra-fast IEO platform Prime Lite that will be an enhanced version of its Huobi Prime.
Tether issued USD-pegged stablecoin USDT on TRON blockchainm like an upgrade from the OMNI protocol based USDT, which now allows to hold and transfer via smart contract on TRON both with a completely free and transparent process.