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Tag: Tether

BitMEX trials could throw light on Tether

March 4, 2021 Comments are Disabled

Two of the three founders of the BitMEX cryptocurrency exchange will surrender to US authorities in coming weeks. Their forthcoming trials could help throw light on the controversial crypto-dollar, tether. […]

NY Attorney General says Tether lied outright about its reserves

February 23, 2021 Comments are Disabled

The New York Attorney General (NYAG), Letitia James, today announced an $18.5m settlement of its fraud case against the cryptocurrency exchange Bitfinex and its affiliated entity, stablecoin issuer Tether. The […]

Tether has to open its vaults

February 18, 2021 Comments are Disabled

Stablecoins—digital money backed by assets of stable value—are in vogue. But for a stablecoin to function, its users have to trust in its backing. And history is full of examples […]

Tether’s backing could be disclosed later this year

January 10, 2021 Comments are Disabled

Tether insiders Paolo Ardoino and Stuart Hoegner said they may reveal full details of the reserves backing the controversial digital dollar some time later this year. “We are contemplating providing […]

All eyes on tether

December 15, 2020 Comments are Disabled

For its promoters, it overcomes unfair restrictions on access to the world’s banking system. For critics, it’s the engine of a massive, system-wide fraud. All eyes are on tether, the […]

Stablecoin design is difficult and dangerous

November 19, 2020 Comments are Disabled

Too strict a reserve policy makes asset-backed money of limited use. But too lax a policy may be the first step on a slippery path to destruction. Since US President […]

Dollar jumps tracks

October 21, 2020 Comments are Disabled

Cryptocurrency networks help support a growing volume of dollar transfers taking place outside the traditional financial system. The growth of private stablecoins As central banks around the world debate whether […]

DeFi craze intensifies

September 8, 2020 Comments are Disabled

Automated borrowing and lending transactions on cryptocurrency networks have soared this year. Is this yet another crypto bubble or is there a signal behind the noise? Where did DeFi come […]

Where’s my money? Wirecard and tether

June 26, 2020 Comments are Disabled

When you place money on deposit you expect to get it back. Many people say that’s the original concept of banking: you pass your funds across a desk into safe […]

The new money rails

June 2, 2020 Comments are Disabled

Entrepreneurs are competing in an intensifying race to design the future standards for the transmission of money. Gauge war The western English town of Gloucester was once the frontline of […]

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Tag: Tether

BitMEX trials could throw light on Tether

NY Attorney General says Tether lied outright about its reserves

Tether has to open its vaults

Tether’s backing could be disclosed later this year

All eyes on tether

Stablecoin design is difficult and dangerous

Dollar jumps tracks

DeFi craze intensifies

Where’s my money? Wirecard and tether

The new money rails

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Rebuilding trust

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Banks aren’t facing up to tech fraud

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