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News Bithumb Global, the international platform of South Korea’s top crypto exchange, has rolled out margin trading with 5x leverage for Bitcoin (BTC) and Ether (ETH) trading pairs with Tether (USDT). In an announcement published on April 2, the exchange revealed the service would be available on ..
News As the volume of Bitcoin (BTC) derivatives trading continues to rise, the cryptocurrency industry keeps tapping more crypto markets, like stablecoin Tether (USDT), for futures trading. KuMEX, a derivatives arm of IDG-backed crypto exchange, KuCoin, is planning to roll out USDT-margined Bitcoi..
News Major cryptocurrency exchange Bitfinex announced the removal of 87 crypto trading pairs due to low liquidity levels as of March 26 at 10:00 GMT. According to the company, the measure seeks to consolidate and improve liquidity, allowing them to move towards a more streamlined and optimized tra..
News The world's biggest stablecoin has launched on the Bitcoin Cash network. Tether (USDT) has seen a surge of interest in recent weeks due to the global flight to safe havens and now has a market cap greater than $5.7 billion. More than $180 million was minted in recent days, preceding Bitc..
News While most cryptocurrencies have seen their market capitalization slashed over the past month, the market meltdown has seen stablecoins ascend the market cap rankings. As of press time, six stablecoins currently reside among the top 50 crypto assets by capitalization. USDT ranks fourth The l..
News As Bitcoin (BTC) and the cryptocurrency market at large experience a major downturn, people turn to stablecoins in an attempt to preserve their capital. Some stablecoins have grown more than others, however. Stablecoin marketcaps are generally expected to increase after a major cryptocurrency..
News Tether (USDT) is now available on Aave, a non-custodial lending platform formerly known as ETHLend. The top stablecoin by market capitalization appears to be signaling its move into Ethereum (ETH) decentralized finance (DeFi). Tether shared an announcement on the development with Cointelegrap..
Analysis The iFinex–Tether market manipulation lawsuit continues. Last week, Judge Katherine Failla of the Southern District of New York selected Roche Cyrulnik Freedman as interim lead plaintiff counsel, and four civil actions were consolidated into a single class action: Leibowitz v. iFinex Inc...
News Major cryptocurrency exchange Bitfinex, the sister exchange of stablecoin firm Tether, has rolled out futures trading for Tether’s new gold-backed coin. Starting on March 6, Bitfinex users can trade futures contracts on Tether Gold (XAU₮) against Tether (USDT), a widely-known and controversia..
News Reginald Fowler has pleaded not guilty to a new charge of wire fraud during a March 6 hearing at the United States District Court for the Southern District of New York. On Feb. 20, the U.S. government filed a superseding indictment against Fowler, adding wire fraud to existing charges of bank..
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