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Crypto regulation needs to allow for 'trial and error' in the market and account for variations between stablecoins, SEC Commissioner Hester Peirce says

"With experimentation ... we need to allow room for there to be failure as well because that obviou…

Carla Mozée   


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This week's vicious crypto crash shows a crisis of confidence in the entire ecosystem

For a market that is solely reliant on the dynamics of supply and demand, it's crucial that the cry…

Matthew Fox   


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Matthew Fox   


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Bitcoin has plummeted 53% from its all-time high as crypto follows broader markets lower amid investors' fears of tighter Fed policy

The "dramatic reversal of Fed liquidity...will collapse the pandemic-era bubble in cryptocurrencies…

Carla Mozée   


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FTX's liquidity crisis shows that debt is toxic for crypto and investors should not lever up highly volatile assets, Tether co-founder says

"Everyone thought that the major exchanges were not susceptible to any kind of serious meltdown. An…

Jennifer Sor   


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Myanmar's shadow government defies central bank by accepting Tether as official currency

Myanmar’s National Unity Government (NUG) is reportedly looking to raise funds for its ‘revolution’…

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Adam Morgan McCarthy   


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FTX CEO Sam Bankman-Fried says the crypto exchange gave cash to all of its Ukrainian users

Since Russia invaded, Ukraine has limited access to currencies and cash withdrawals, making cryptoc…

Phil Rosen   


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A famous short-seller is suspicious of Tether's backing. So it's offering a $1 million reward for anyone with knowledge of the stablecoin's reserves.

Despite Tether's repeated claims of transparency, disclosures around its holdings have been "opaque…

Shalini Nagarajan   


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Tether slapped with $41 million fine for 'untrue or misleading statements' on fiat currency backing

The CFTC discovered Tether only held sufficient fiat reserves to back its USDT stablecoin for only …

Isabelle Lee   


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Bitcoin, Tether, Shiba Inu and Dogecoin were most popular cryptocurrencies on WazirX in 2021

Bitcoin was the most popularly traded cryptocurrency on WazirX in 2021, followed by Tether, Shiba I…

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1 min read

Tether executives are facing a criminal probe over whether they committed bank fraud, report says

Federal prosecutors are looking into whether Tether concealed from banks that transactions were lin…

Emily Graffeo   


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The Senate Banking Committee wants answers from stablecoin issuers on how their business works

Complex terms and conditions can make it difficult for investors to understand stablecoin risks, sa…

Carla Mozée   


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India’s top 10 favourite cryptocurrencies in 2022

Just like one can trade on the value of fiat currencies, like the dollar or the rupee, a…

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3 mins read

Luna and Terra's stablecoin UST are both crashing: Here's a guide to tether, USD Coin, terra and other reserve-backed cryptocurrencies

Terra's algorithmic stablecoin UST appears to have entered a death spiral. Here's a guide to the la…

Business Insider   


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Crypto mega-billionaire Sam Bankman-Fried says he's bought billions of tethers in order to trade other coins

As scrutiny of tether has escalated, with the DOJ pursuing a bank fraud probe against tether execs …

Ethan Wu   


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Crypto-friendly senator Cynthia Lummis warns stablecoins must be fully cash-backed and regulated

Some stablecoins have generated controversy over whether their cash reserves are safe enough for a …

Ethan Wu   


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Tether cofounder William Quigley says there's no real reason for the altcoin surge except for hype

"There's no real reason... People are excited about it, and it goes up," William Quigley said of th…

Harry Robertson   


Camomile Shumba   


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Tether was once the stablecoin king. Now its dominance is threatened by newcomers and legal uncertainty.

Even as tether's legal troubles ramp up, the stablecoin has in some ways already become less releva…

Ethan Wu