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# Tether News

May 23, 2019 by at Regulation
The cryptocurrency exchange Bitfinex on May 23, 2019, had a sigh of relief amidst the ongoing Tether (USDT) controversy as it won a partial block on demands for information from the New York Attorney General (NYAG) Office, Bloomberg reports. A Temporary Respite Sources state that New York Supreme Court Judge, Joel...
May 23, 2019 by at Bitcoin
In a court transcript from a May 16, 2019, hearing between the New York Attorney General’s (NYAG) office and Tether, the sister company of Bitfinex, Tether has admitted that some of its reserves were also invested in bitcoin and other digital assets, reports The Block on May 21, 2019. The...
May 23, 2019 by at Stablecoins
Stablecoins, led by Tether (USDT), have already made a lasting impression on 2019 with volumes beating that of 2018 in a mere five and a half months. According to a report by Diar, May 21, 2019, Tether has seen nearly $1.3 trillion in trading volume in 2019 so far, leading the...
May 19, 2019 by at Altcoins, Exchange, News
Hong Kong-based cryptocurrency exchange Bitfinex on May 17, 2019, revealed details about its utility token UNUS SED LEO. The native cryptocurrency will officially commence trading on Bitfinex from May 20, 2019. Bitfinex’s Answer to Binance’s BNB The rapidly increasing number of cryptocurrency exchanges has no doubt heated up market competition....
Citing data from blockchain research firm TokenAnalyst, Bloomberg reported on May 15, 2019, that the current boom in the price of bitcoin (BTC) might just be the consequence of investors withdrawing their holdings from large exchanges due to renewed ambiguity surrounding their financial health. Bitfinex Tether Fiasco Could have Indirectly...
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