The cryptographic system goes much further than Bitcoin (BTC) and Ethereum (ETH), which bring together thousands of tokens of a different nature. Among which stand out the stablecoins, cryptocurrencies that are quoted anchored to a fiat currency that is generally the dollar, as it is the flagship…
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Tether
Tether stands out as an instrument of financial freedom
The current CTO of Bitfinex, Paolo Ardonio recently stated that the Tether currency is a stablecoin that improves what Bitcoin offers, because it manages to hold up in times of volatility.
This peculiarity is very useful, especially in…
Tether launched a new stablecoin pegged to the Mexican peso
Tether launched its fourth stablecoin called MXNT, linked to Mexico's legal tender, the peso, with the purpose of providing users with a "reserve of value" for new markets in Mexico.
Through a press release, the firm explained that among…
Tether and Bitfinex fined $ 42.5 million
The United States Commodity Futures Trading Commission (CFTC) punished companies Bitfinex and Tether $ 42.5 million for failing to comply with the commodity exchange law and some regulatory requirements.
The regulator revealed that Tether,…
Cryptocurrency payment adoption increases in Venezuela
Bio Mercados, a supermarket chain in Venezuela, made an alliance with dash, the cryptocurrency trading platform Cryptobuyer and the payment processing system MegaSoft to initiate the acceptance of cryptocurrencies as a form of payment in…
The crypto market already exceeds $ 2 trillion
In the midst of a growing institutional demand, cryptocurrencies have been the boom in the financial market on a global scale, where until now their value has doubled to exceed 2 trillion dollars.
Among the 6,600 coins tracked by…
Bitfinex Pay, the new service that allows payments in crypto
The exchange associated with the stablecoin Tether, Bitfinex, has announced the launch of its new cryptocurrency payment processor called Bitfinex Pay, which is designed for companies and businesses that are interested in receiving payments…
New York orders Bitfinex platform shutdown
Digital asset platform Bitfinex was shut down and fined $ 18.5 million by the state of New York.
The reason for this measure is due to an alleged case of fraud towards investors, where losses of 850 million dollars were estimated,…
Ethereum will offer batch payments with Tether
The digital currency Tether has turned out to be the first token to be activated in Hermez's layer two network, it has been associated with the cryptoasset in order to offer cheaper transactions through accumulation of zero knowledge.
As…
Huobi global launches cryptocurrency savings plan
For this August 20, the exchange platform to offer asset transactions Huobi Global has offered its new market strategy that consists of using cryptocurrency savings accounts for its clients.
The new tool started operation this August 20…
Bitcoin approaches $ 20,000 this year
The report of the American financial advisory company, Bloomberg, reveals that the health crisis currently underway has generated a significant increase in the handling of bitcoin in the financial market, showing its strength amid the fall…
Line’s BitBox replaces its exchange platform with a new one in the US
The Japanese courier giant Line, closed its Singapore-based encryption exchange, BitFox, and relaunched it as a global platform based in the United States that will take the new name of BitFront.
The information was revealed on February 27…