Tether and Bitfinex Expect a Market Manipulation Lawsuit: Official

Stablecoin firm Tether and its affiliate exchange Bitfinex anticipate a lawsuit alleging that Tether token (USDT) is involved in market manipulation as the result of an unpublished paper. Tether and Bitfinex to defend its position On Oct. 5, both Tether and Bitfinex published statements...

Read More

Facebook’s Crypto Libra Isn’t Getting Away With Measly Swiss Payments License

Switzerland’s financial regulator has indicated that Facebook’s cryptocurrency project Libra will be required to meet additional requirements besides getting a payment system license prior to starting operations. In a press release, the Swiss Financial Market Supervisory Authority (FINMA) stated that...

Read More

Binance & BitMEX Kiss and Make Up After Plagiarism Accusation

Binance and BitMEX shared a social media bro hug after the latter publicly accused its fellow cryptocurrency exchange of plagiarizing documentation featured in its recently-launched crypto derivatives testnet. On Wednesday, the BitMEX Twitter account ribbed Binance over its testnet launch, highlighting apparent...

Read More