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Stablecoin Purchases Surged Amid Wednesday's Crypto Market Drop

The broader cryptocurrency market plummeted on Wednesday, but stablecoins in particular saw no shortage of buyers.

Balloons

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Bitfinex's Parent Company Has a New Offshore Services Provider

iFinex, the parent company of Bitfinex, has parted ways with its old offshore services provider for a new firm.

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PwC Is Advising (Not Auditing) Another Stablecoin Project

PwC's Hong Kong division is exploring best practices for issuing stablecoins with non-profit Loopring Foundation. Auditing, though, is another matter.

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Deltec Chairman Says Tether Letter on Bank Relationship Is 'Authentic'

Last week's much-scrutinized letter, in which a Bahamas-based bank appeared to vouch for Tether's balance, has been confirmed as genuine by the bank.

Beach (Shutterstock)

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Here's What 3 Lawyers Have to Say About That Cryptic Tether Letter

The wisp of a signature on Deltec Bank's letter to Tether is the least of it. More important is the language around liability.

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Tether's Price Has Stabilized, But the Stablecoin's Supply Is Still Shrinking

Crypto exchanges are shedding tethers by the million, and millions of USDT are ending up at Bitfinex. From there, they are taken out of circulation.

Credit: Shutterstock

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Crypto Wallet Maker Ledger to Expand Support for Stablecoins, Including Tether

Benjamin Soong, Ledger's newly hired head of Asia-Pacific operations, says tether remains popular in the region despite the token's recent troubles.

ledger

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The Race to Replace Tether (In 3 Charts)

Tether has had a difficult month, and rivals are eyeing its position as the top crypto "stablecoin." Here's how the contest plays out in the data.

(Shutterstock)

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3 Common Mistakes New Crypto Traders Make

When it comes to trading in the crypto space, there are three mistakes new traders often make. Here's how to avoid them.

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Tether Just Burned 500 Million USDT Stablecoin Tokens

Following massive transfers of its dollar-linked tokens into a company-controlled account, Tether has destroyed a large chunk of USDT supply.

bitcoin, burn