Markets

Bitfinex Drops Minimum Balance to Trade on Crypto Exchange

Bitfinex has removed its $10,000 minimum equity requirement to start trading on the cryptocurrency exchange.

Bitfinex

Markets

A New Bank for Crypto Traders Has Opened in Puerto Rico

A new Puerto Rico-based financial institution catering to traders of cryptocurrency has opened for business.

San Juan, Puerto Rico,

Finance

Justin Sun Draws Heat From Tron Fans for Waffling on Promised Prizes

There's an unclear line between Tron Foundation accounts and CEO Justin Sun's personal expenditures on the community, as a recent Tesla giveaway shows.

Tron founder Justin Sun

Markets

Tether Says Its USDT Stablecoin May Not Be Backed By Fiat Alone

Tether has updated the terms on its website, saying that its dollar-pegged USDT stablecoin may not be backed 100 percent by fiat reserves.

tether

Markets

Tether to Launch New Version of USDT Stablecoin on Tron Blockchain

Tether is gearing up to launch its controversial stablecoin as a native token on the Tron blockchain.

Justin Sun speaks at niTRON Summit 2019 in San Francisco, photo by Brady Dale for CoinDesk

Markets

Ex-Tether Exec Joins Venture Launching Stablecoin Clearinghouse

A former Bitfinex and Tether exec and crypto finance firm XBTO are launching a Bermuda-based clearinghouse for stablecoins.

Bermuda

Markets

Game of Coins: Inside the Paxos-Gemini Stablecoin Discount War

Here's why several stablecoins saw sudden bursts of activity over the past three months.

game of thrones

Markets

Documents Suggest Tether Has Fiat Funds to Back Stablecoin: Report

Tether Ltd. may have the cash reserves to back up its 1.8 billion dollar-pegged tokens, says Bloomberg.

Dollars

Markets

Tether Says Customers Can Once Again Deposit and Redeem Fiat

Tether is again offering fiat redemption of its stablecoin USDT. Meanwhile, Bitfinex is now offering tether trading pairs with USD and EUR.

Tether. (CoinDesk archive)

Markets

Report: US Officials Are Probing Tether Role in Bitcoin Market Manipulation

The U.S. DOJ is reportedly probing Tether and Bitfinex over whether they artificially boosted bitcoin's price using the USDT stablecoin.

dojfbi