• Tether image money
    Opinion,  Tether

    Tether tries once again to prove it’s not being used by criminals

    By tapping Chainalysis’ anti-money laundering tools, the issuer of the world’s biggest stablecoin wants you to believe it’s on the job

    Tether, the company behind the world's most popular stablecoin, is doing its best to assure us that it is legitimate—and nobody is using tethers for any kind of funny business.

  • Tether launches gold-backed cryptocurrency
    Cryptocurrencies,  Tether

    Tether launches gold-backed cryptocurrency

    The new Tether Gold tokens will be backed by one fine troy ounce of gold stored in a secure Swiss vault, the company said

    Tether launched a gold-backed cryptocurrency, tether gold (XAUT), that can be redeemed for one fine troy ounce of gold stored in a secure Swiss vault—assuming you can redeem 430 tokens currently worth about $670,000 at once.

  • University of Texas Tower (via Wiki commons).
    Opinion,  Tether

    Tether/Bitfinex study gets updated while Crypto Twitter gets angry

    The report that claimed Bitcoin prices were manipulated via Tether now says a single “whale” was behind the trades; those with skin in the game react negatively

    The lead academic in that (in)famous study postulating that Bitcoin prices were manipulated by Tether updated it with this added doozey: a single “whale” was behind most of it, trading large amounts of bitcoin against tether on Bitfinex, Tether’s sister company.