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Blockchain Cruise Asia • January 15-19, 2018

CoinsBank took its maiden voyage when it held the first ever CoinsBank Blockchain Cruise aboard the Anthem of the Seas,…

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Tag: Tether

Tether’s $31 Million Theft Ignites Criticism on Centralized Blockchains

Category: Altcoins, Blockchain, News

Tether’s $31 Million Theft Ignites Criticism on Centralized Blockchains

The treasury wallet of Tether (USDT), the cryptocurrency that is pegged to the value of the US dollar through an inflationary monetary policy, was hacked earlier this week. Nearly $31 million worth of the cryptocurrency was stolen, and consequently, the Tether development team suspended the account possessing the stolen funds to disable it from being sent across the network. In…

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The Labyrinth of Tether: A new Mt. Gox or just a case of Hysteria?

Category: Altcoins, Bitcoin, Commentary, News

The Labyrinth of Tether: A new Mt. Gox or just a case of Hysteria?

Currently, the rumor is going around is that Bitfinex and Tether manipulate the price of bitcoin upward with a fake Dollar token. Is there some truth to this or is it just scaremongering? We take a look at the subject. For some months, an individual with the pseudonym “Bitfinex’ed” has warned on Twitter and Medium against an alleged fraud by…

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Is Wells Fargo Developing A Digital Currency Wall?

Category: Altcoins, Bitcoin, Finance, News

Is Wells Fargo Developing A Digital Currency Wall?

On April 6, two cryptocurrency companies filed a California federal suit against Wells Fargo saying that the megabank is essentially preventing their customers from accessing their money, an estimated $180 million in deposits. iFinex Inc. and Tether Ltd. allege that Wells Fargo recently prevented wire transfers from a number of Taiwanese banks relative to accounts containing their customer funds. This…

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