crypto

So far, the PlusToken scammers have cashed out at least $185,000,000 worth of stolen Bitcoin via OTC brokers. Those who analyze cryptocurrency markets know that large liquidations generally tend to depress the price of Bitcoin, and others have asked if PlusToken-related cashouts are in fact dragging down Bitcoin. We decidedRead More →

crypto

Tether, the stablecoin with the industry’s largest market cap and volume, has had its fair share of controversies this year. However, despite these concerns and the regulatory hurdles Tether is facing right now, countries like China are recording huge crypto-activity. Over-the-counter(OTC) trading in China has significantly surged over the last fewRead More →

crypto

The company behind USD stablecoin Tether (USDT) only has enough cash to back three-quarters of its increasing supply, its lawyers confirmed in documents released on April 30. As part of an ongoing legal process involving the New York Attorney General, Zoe Phillips of law firm Morgan Lewis said that at the time of writing, 73%Read More →