Markets Update: Crypto-Prices Slide After SEC Announcement

Cryptocurrencies are dropping in value once again on Wednesday, August 8 as most of the top digital assets are down between 9 to 18 percent over the last 24 hours. Prices started dropping yesterday after the U.S. Securities and Exchange Commission (SEC) extended the Cboe exchange-traded fund decision. Immediately after the announcement, bitcoin core (BTC) … Read more

PR: Cryptagio Obtains Licences – Is Half Way to Becoming a Crypto Fiat Exchange

Tallinn, Estonia, — On its way to supporting fiat currencies, Cryptagio digital asset exchange is halfway through. The company has recently obtained licences for providing its users with a crypto-fiat exchange as well as wallet services. The post PR: Cryptagio Obtains Licences – Is Half Way to Becoming a Crypto Fiat Exchange appeared first on … Read more

Cobinhood Delists Six Tokens Susceptible to Pump and Dump, Limits Tether Pairs

As some cryptocurrency exchanges are adding new altcoins, tokens and forks all the time, cashing in on massive listing fees from promoters, the need arises to trim the fat ever so often. Now Cobinhood is removing a few, offering a glimpse on how trading venues decide which tokens to cull.  Also Read: Canadian Multinational Bank … Read more

Tether Back in the Printing Business With Massive $300 Million Batch

After over a month of absence Tether has returned to the USDT printing business, issuing $300 million worth in just one massive batch. The proximity of the move to the recent reversal of the downtrend in the market has lead to renewed calls by critics that Tether is manipulating prices.   Also Read: Survey Says … Read more

Bitmex Research: New Data Points to Noble Being Tether’s Primary Reserve Bank

One of the biggest mysteries in the cryptocurrency world at the moment is the location of the vast USD reserves meant to be backing Tether. The stablecoin is used by many exchanges as a proxy for fiat in trading pairs which makes its solvency a critical issue at the heart of the entire ecosystem. Now, … Read more

Blogger ‘Bitfinex’ed’ Hires Legal Counsel to Fight Bitfinex Lawsuit

According to reports the infamous Twitter handle and blogger, ‘Bitfinex’ed,’ has hired the well-known attorney Stephen Palley to fight against the legal threats posed against the blogger. The legal counsel for Bitfinex, Stuart Hoegner suggested this past December that the blogger may face a lawsuit as Bitfinex said it wasn’t too pleased with the allegations. … Read more