• tether launches on Solana
    Regulation,  Tether

    Tether launches on proof-of-stake blockchain Solana

    The world’s top stablecoin can now handle up to 50,000 transactions per second with a fee of about $0.00001 per transaction

    “Tether and USDt are critical pieces of infrastructure for any successful blockchain project and have been one of the most important elements for cross-platform settlement. This strategic initiative is a significant step for Solana and will be instrumental in advancing the network," said Solana head of marketing Austin Virts.

  • Bitfinex launches crypto payments platform
    Bitcoin,  Ethereum,  Technology,  Tether

    Aiming at PayPal, Bitfinex launches crypto payments platform

    Saying that it intends to take on payments “behemoths” the new Bitfinex Pay app lets merchants accept payments in four cryptocurrencies

    No one ever accused Bitfinex of having small ambitions. Just days after it settled a years-long fraud lawsuit with New York’s attorney general over a loan it got from sister company and stablecoin issuer Tether, Bitfinex has launched a crypto-powered online-payments platform to take on payments giants like PayPal.

  • crypto top 10 rankings
    Alt coins,  Bitcoin,  Cryptocurrencies,  Ethereum,  Litecoin,  Tether,  XRP

    Crypto’s top 10: Rankings shake-up looms as Ethereum killers make presence felt

    Binance Coin, Polkadot and Cardano are in the ascendancy. Should Ethereum, buckling under the strain of congestion, be worried?

    Back in December 2017, when BTC hit $20,000 for the first time, altcoins such as Bitcoin Cash, XRP and Litecoin were firm favorites in the top five. Tether and Binance Coin were nowhere to be seen among the 20 biggest coins. Some, like Polkadot, didn’t even exist. Fast forward to 2021, and the rundown of the 10 biggest cryptocurrencies by market cap looks very different indeed.

  • Cryptocurrencies,  Tether

    Bitfinex launches ETH and BTC loans

    The cryptocurrency exchange’s users will now be able to borrow bitcoin and ether using fiat currency or stablecoins as collateral

    Bitfinex customers can now use fiat currencies such as the United States dollar, the euro or the Japanese yen, as well as the tether (USDt) stablecoin issued by Bitfinex’s sister company Tether, as collateral to obtain a loan in BTC. ETH loans, on the other hand, can only be financed by the United States dollars that the borrower holds on the platform.