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BITCOIN PRICE: 6,756.35     HIGH: 6,826.28     LOW: 6,493.80

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Tag: Tether

Bitcoin, Ethereum and Litecoin Trading Now Available on Yahoo Finance

Category: Altcoins, Bitcoin, Blockchain, Development, Ethereum, News, Tech

Bitcoin, Ethereum and Litecoin Trading Now Available on Yahoo Finance

Yahoo Finance has quietly integrated trading with Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) on its platform, Morgan Creek Digital founder announced in an August 29 tweet. “The Virus Is Spreading” In what many news outlets have described as a big step forward for mainstream crypto adoption, Yahoo Finance has launched a new option allowing its users to buy and…

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Crypto Pumps and Dumps Are Over, but Its Troubles Are Far from Finished

Category: Altcoins, Bitcoin, Business, News

Crypto Pumps and Dumps Are Over, but Its Troubles Are Far from Finished

After Tether faced accusations of propping up Bitcoin prices in 2017, it’s becoming increasingly hard to pump amid the dump in the $209 billion cryptocurrency market. However, the potential market stabilization doesn’t mean cryptocurrencies’ troubles are over. Decline in Cryptocurrency Market Cap a Result of Market Manipulation? Tether, one of the most-traded digital assets in the world has been accused…

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Technology Company to Launch Stablecoin Backed by Taiwanese Dollar

Category: Altcoins, Blockchain, Development, Finance, News

Technology Company to Launch Stablecoin Backed by Taiwanese Dollar

Taiwan-based technology company Green World Fintech Service announced that it is set to launch Taiwanese Dollar-backed stablecoin dubbed Taiwan Digital Token (TWDT). The stablecoin will be based on the Ethereum blockchain network. Taiwanese Dollar Pegged Cryptocurrency TWDT will be pegged with the Taiwanese dollar on a one-to-one basis. It can be purchased at retail counters or online Green World, as…

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Tether Rumored to Face Double-Spend Attack, Research Firm Clears Allegations

Category: Altcoins, News, Tech

Tether Rumored to Face Double-Spend Attack, Research Firm Clears Allegations

Controversial stablecoin Tether faced allegations of a double spend attack on May 30, 2018, after a Chinese cybersecurity firm revealed findings of a code audit. However, additional reports suggest the contrary. Tether’s Neverending Controversy SlowMist, the blockchain security firm which made the original claim, confirmed in a tweet on June 28, 2018, the code vulnerability was due to exchange integration…

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BTCManager’s Week in Review – Bitcoin Plummets Below $6,000 Mark as Bithumb Gets Hacked and Mt.Gox Creditors Reimbursement to be in BTC/BCH

Category: Altcoins, Bitcoin, Blockchain, Crime, Ethereum, Finance, News, Regulation, Tech

BTCManager’s Week in Review – Bitcoin Plummets Below $6,000 Mark as Bithumb Gets Hacked and Mt.Gox Creditors Reimbursement to be in BTC/BCH

For the first time since the start of the year, the price of bitcoin dipped below $6,000 per coin, which marks a 10 percent decline versus the previous week and an over 50 percent drop year-to-date. The continuance of the bitcoin price decline was driven by the hack of Korean bitcoin exchange Bithumb and the news that Mt.Gox creditors will…

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Tether’s Transparency Update Report Raises More Questions Than it Provides

Category: Altcoins, Bitcoin, Blockchain, Business, Finance, News, Tech

Tether’s Transparency Update Report Raises More Questions Than it Provides

In an exciting turn of events, the people at Tether seem to have finally done what they have not been able to do since dissolving their relationship with their auditor six months ago – produce an independent report on their currency reserves. While still not an actual audit, the report was supposed to silence the critics, but this is not…

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Institutional Investors Trust TrueUSD as Cryptocurrency Gateway

Category: Altcoins, Bitcoin, Blockchain, Finance, News, Tech

Institutional Investors Trust TrueUSD as Cryptocurrency Gateway

Cryptocurrency enthusiasts have long heralded the arrival of institutional money, but expressed concerns over the limitations of trading pairs and the controversy surrounding Tether. TrueUSD Finds Favor Over Tether The recent success of TrueUSD, however, suggests that fiat-backed cryptocurrencies could be the bridge that enables institutional investors to enter the space confidently. The fully-audited Tether competitor launched in March, fully…

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Bitfinex Became a Block Producer for the EOS Mainframe from 4 Whales

Category: Altcoins, Blockchain, Commentary, News

Bitfinex Became a Block Producer for the EOS Mainframe from 4 Whales

While EOS launched their mainnet on June 14, 2018, alarming statistics recently emerged when it came down to the EOS Block Producer elections. Community Speaks out According to the EOS Reddit Community, Reddit user 8ce26f noted that Bitfinex received 50 percent of their votes from four large whales. To ensure that his data source and collection was reliable and valid,…

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University Study Concludes Tether Manipulated Cryptocurrency Prices

Category: Altcoins, Bitcoin, Crime, News

University Study Concludes Tether Manipulated Cryptocurrency Prices

A research study by a finance professor at the University of Texas John Griffin and co-author, graduate student Amin Shams, cleverly titled “Bitcoin Really Un-Tethered?” reveals the pioneer cryptocurrency’s price was artificially propped up at its peak in 2017 when it hit a record high of almost 20,000 USD. The authors suggest covert activities may have been used to inflate…

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Bittrex Gets Green Light to Allow Customers to Buy Bitcoin Using US Dollars

Category: Altcoins, Bitcoin, Business, Ethereum, Finance, News

Bittrex Gets Green Light to Allow Customers to Buy Bitcoin Using US Dollars

Allaying some of the fears surrounding the impact on Bittrex in case of the implosion of Tether, bitcoin and altcoin exchange announced the acceptance USD fiat deposits for some customers on May 31. One of the main issues that a lot of cryptocurrency exchanges have when it comes to attracting people who are new to the sector is the difficulty…

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