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Cryptocurrency markets are doing better this week since our last markets update as the entire digital asset economy is now valued at around $270.4Bn. Most digital currencies are up between 7-25 percent over the last seven days and trade volumes have picked up over the last week as well. The trend reversal has given enthusiasts … Read more
Major crypto exchange Kraken issues a harsh response to a recent Bloomberg article alleging possible USDT price “manipulation” on the platform Go to Source Powered by WPeMatico
Three weeks after a University of Texas professor published a report alleging that Tether and Bitfinex had manipulated the price of Bitcoin all throughout 2017, a new report has emerged that questions the stablecoin’s trading pattern on Kraken, an American crypto exchange. The report was published on Bloomberg and included research and analysis by some … Read more
Following a Bloomberg News expose, alleging market manipulation of controversial alternative token Tether (USDT) on its exchange, Kraken fires off a savage blog post mocking journalists and defending their business’ integrity. Also read: Red Flag Waved in Tether’s Relationship with Kraken Exchange Kraken Goes Savage On Bloomberg On Tether: Journalists Defy Logic, Raising Red Flags … Read more
In this week’s editions of Bitcoin in Brief we’ve covered a number of interesting developments in the crypto space. Several prominent exchanges have announced plans to increase their presence in new markets and locations, while a newly launched platform aims to rate them according to their liquidity, security, and volume. The weekly roundup also mentions … Read more
This summer, over 50,000 trades on popular crypto exchange Kraken, concerning the very controversial alternative coin tether (USDT), were analyzed by journalists, an academic, and a former US Federal Reserve regulator. They describe activity monitored as highly unusual in that larger orders of tether failed “to sway prices much.” Red flags were raised due to … Read more
The cryptocurrency industry has grown tremendously over the past few years. An influx of new users has occurred, although it seems there has also been a lot more attention from criminals. As such, exchanges need to be wary of any developments which could pose a threat to their businesses. The recent USDT fake deposit issue, … Read more
Market action during June has seen a significant slump in trade volume, with the majority of the ten most traded cryptocurrencies experiencing a drop in volume of between roughly 17% and 57% when compared with May. Also Read: ICO Round-Up: Social Media Influencers Bypass Ad Ban, Centra Tokens Deemed Securities Month-Over-Month 30-Day Trade Volume Declines Across … Read more
SlowMist has confirmed that Tether’s double-spending vulnerability was not caused by its own blockchain, but rather by some crypto exchanges’s poor practices Go to Source Powered by WPeMatico
Crypto markets see substantial growth after Bitcoin suffered two dips below $6,000 this week – the coin is now trading at around $6,400 Go to Source Powered by WPeMatico
