Wednesday, October 16, 2019
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Thanks to Tether’s Growth, Ethereum Is ‘Almost Full’

The digital ledger behind the supposed better version of Bitcoin is running out of capacity. That was the warning last week from Ethereum co-founder...

Bitcoin Daily: Libra Slam; Tether’s $5B Mistake

Germany’s Finance Minister Olaf Scholz has joined the chorus of politicians that are worried about Facebook’s planned cryptocurrency, Libra.“The issuance of a currency does...
Tether inadvertently prints five billion unbacked tethers 

Tether inadvertently prints five billion unbacked tethers 

Tether unwittingly printed $5 billion worth of its supposedly dollar-backed cryptocurrency, USDT, on Sunday, citing human error.  Tether had supposedly been assisting cryptocurrency exchange...

Tether’s USDT Stablecoin Not Necessarily 100 Percent Backed By USD

Tether says its coin is backed by “cash equivalents” and “other assets.” But what are these?Tether, the company responsible for the development of the...

Yet Another 25 Million Tethers are Created out of the Blue

The concept of Tether and their USDT tokens has always seemed strange. The company guarantees every USDT is pegged to the value of $1....

Tether’s Bank Problems Create Unease As Token Value Slides Below $1

Tether.to’s banking woes continue as international customers face a freeze on wire deposits, prompting speculation about the future of its USDT token. “Since April 18,...

Converting USDT to USD Is Subject to a 7% Premium Due to Tether’s Banking...

A lot of cryptocurrency enthusiasts will be aware of the problems faced by Tether. The company provides digital tokens linked to their native fiat...

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