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Japan’s prime monetary regulator, the monetary Services Agency (FSA), is reportedly progressing to propose legislation to limit stablecoin issuance to banks and wire transfer corporations. Crypto service suppliers concerned in…
111 days ago, the Ethereum network enforced the London exhausting fork upgrade with another mechanism (EIP-1559) that modified Ethereum’s fee rate to a replacement theme that creates the crypto plus…
Tether, the operator of 1 of the leading stablecoins within the crypto market has proclaimed it’ll start trials of a system that may permit the corporate to accommodates the money…
As of September 25, 2021, there’s a $129.3 billion worth of stablecoin assets that represents 6.54% of the crypto economy. The second-largest stablecoin by market valuation, USDC, has seen its…
During an ongoing lawsuits catching up with the controversial stablecoin Tether (USDT), the CTO of the company, Paolo Ardoino, plans to tell the asset’s story at an upcoming conference. Tether…
Bitfinex and Tether have had a lawsuit against them withdrawn by the plaintiffs. Also, they were refiled with the addition of a new plaintiff. The two firms were accused of…
Blockchain tech company Tether has announced that it will be partnering with EOS parent company Block.one in order to release its stablecoin (USDT) on the EOS blockchain (EOSIO), according to…
Ever since the lawsuit against BitFinex and Tether (USDT), there has been a peculiar movement of funds from the USDT treasury to unknown crypto wallets. Only a few days ago…
Tether has been in the news lately for the Bitfinex debacle, where Bitfinex was accused of manipulating its financial records by covering losses worth $850 million with the USDT reserve….
CoinFlip, a popular cryptocurrency ATM operator, has revealed that it has postponed its support for Tether’s USDT stablecoin over the fraud allegations by the New York Attorney General regarding Bitfinex…
It is common knowledge and the well-propagated idea that each Tether stable coin USDT is backed by one US dollar, i.e for every USDT token, there is a dollar backing…
Tether, the most controversial stablecoin, is trapped in a fresh controversy again. This time, the stablecoin is being criticized for silently revising the details of the USDT token and excluding…
