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Unofficial Report Confirms Tether’s Tokens Are Fully Backed by US Dollars

According to Tether CEO Jan Ludovicus van der Velde, the amount confirmed by Freeh Sporkin & Sullivan is equal to the $2.54 billion in coins Tether claims to have in circulation.

Warning Signs? A Timeline of Tether and Bitfinex Events

Concerns are growing as to whether tether (USDT), the stable token pegged to the dollar, is backed by actual U.S. dollars. And recent scrutiny...

Twitter Account of Prolific Bitfinex and Tether Critic Suspended

The Twitter account of “Bitfinex’ed,” the pseudonymous online critic of the world’s largest Bitcoin and cryptocurrency exchange, was suspended today. The blogger says his...

Hacker Allegedly Siphons $31 Million Out of Tether, Driving Further Speculations About the Cryptocurrency

Tether, a cryptocurrency pegged 1-to-1 to the U.S. dollar, was allegedly hacked this week to the tune of $31 million.Tether functions to convert U.S....
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