COTI’s new Crypto Volatility Index allows traders to profit from highly-volatile cryptocurrency markets.
Tether is a cryptocurrency token that claims be backed by 1 dollar for each token issued. Tether may be explained as a hybrid between a cryptocurrency and fiat money, as its “tethered” to the value of fiat currencies. Tether usually uses a USDT currency, which is supposed to be worth exactly what USD is worth at the same period of time.
Tether can’t be an investment because the US dollar’s price is decreasing over time due to inflation, but neither it can be a speculative interest, because it most certainly would be around the same price for a long time.
Still, there are a few things about Tether that make it very suitable for crypto investors to use. Tether transactions mostly take a few minutes to complete, Tether charges no transaction fees for moving funds between Tether wallets, and it is a stable and fast resource to cash out and cash in when there is a difficult situation in the market.
A gang of four robbers has reportedly stolen about $450,000 from a crypto trader in Hong Kong.9735
Hermez, an Ethereum scaling solution, has partnered with Tether to offer cheaper USDT transactions via zk-Rollups.7857
Paolo Ardoino says Tether hasn't done anything to warrant any additional investigations from the SEC.35982
2020 may have been filled with challenges, but Bitcoin, stablecoins and DeFi protocols are the clear top performing crypto assets for the year.18792
A record high for the largest stablecoin comes as Bitcoin cools around its own highest-ever levels.7779
The New York Attorney General’s Office has reported that Ifinex is cooperating in producing documents regarding Bitfinex and Tether’s business relations from April 2019.16047
Too bad the brief crypto-related conversation was largely nonsensical.7530
The market cap of USDT swelled by 1 billion over nine days.37752
Nefarious parties are using flashloans in conjunction with stablecoins to steal DeFi funds from platforms.10925
Privacy should be a key talking point from the beginning of CBDC development.26178
Customers can now borrow money from crypto exchange Bitfinex.5913
The attorneys representing the accused principal of shadow-bank Crypto Capital, Reggie Fowler, have filed motions to withdraw as his counsel.7954
DragonEx is introducing a new withdrawal method in an effort to save its business.11297
Bitcoin’s new highs come amid lots of new money pouring in via stablecoins.13228