Andreas Antonopoulos has filed an affidavit with a New York court in support of a firm looking to spearhead the class action against Bitfinex over 2017 BTC price manipulation. One of the biggest names in crypto has joined in an ongoing argument about who will lead the class-action suit against Bitfinex and its affiliates over…
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A New York judge has ordered that the four class-action lawsuits against Bitfinex for 2017 manipulation of the Bitcoin market are now one, though leadership remains uncertain. The four class-action suits against Bitfinex, Tether and parent company iFinex over alleged market manipulation leading to Bitcoin’s (BTC) 2017 bull market have been consolidated — with implications…
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Tether is now offering a gold-backed stablecoin, XAUT, which represents ownership of one troy ounce of gold held in a Swiss vault controlled by the company. Tether is now supporting a gold-backed stablecoin, Tether Gold (XAU₮), according to a Jan. 23 press release. One token represents ownership of one troy fine ounce of physical gold,…
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Huobi, the fifth-largest crypto exchange by daily trading volume, will now provide crypto brokerage service to its institutional clients. Major cryptocurrency exchange Huobi is launching its first licensed digital asset brokerage, Huobi Brokerage. Huobi, the fifth-largest crypto exchange by daily trading volume as of press time, will now provide brokerage service to its institutional clients,…
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Tether says it did not deny prosecutors’ request to consolidate three lawsuits the stablecoin and its sister exchange Bitfinex are facing. Currently facing multiple lawsuits, cryptocurrency stablecoin issuer Tether (USDT) received a request from prosecutors asking for consolidation, combining three lawsuits into one, which Tether has not denied. “We did not oppose the plaintiffs’ requests…
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Legal counsel for one of several active class-action lawsuits against iFinex for allegedly manipulating BTC’s price has filed to lead the entire class and proceedings. One legal team looks to lead the three ongoing suits against IFinex alleging that illegal conduct involving iFinex’s subsidiaries Tether and Bitfinex was behind Bitcoin’s (BTC) 2017 bull run. Per…
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Crypto-friendly hotel booking service Travala now accepts payment in controversial stablecoin USDT. Crypto-friendly hotel booking giant Travala now accepts payment from a controversial cryptocurrency leader. On Jan. 10, Travala announced that Tether (USDT) is now a valid form of payment at its two million linked properties. Travala CEO Matt Luczynski said: “Part of our mission…
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A class-action lawsuit against Bitfinex and Tether was refiled in New York on Jan. 8, just one day before a similar filing by another plaintiff. An Oct. 10 class-action lawsuit filed against iFinex Inc., the parent company of Bitfinex and Tether, was refiled on Jan. 8 in New York’s Southern District. The lawsuit by Young…
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A partnership with merchant gateway Cryptobuyer sees the first Burger King restaurant begin taking six cryptocurrencies, with others to follow this year. Bitcoin (BTC) has come to Burger King in Venezuela as a new partnership opens up cryptocurrency payments at the fast-food chain. Confirmed in a tweet on Dec. 30, a single Burger King branch…
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Facebook’s Libra, Ethereum, QuadrigaCX, Tether and Bitfinex — Cointelegraph breaks down the biggest stories of 2019. 2019 may not go down as a year of breathtaking highs for cryptocurrency markets, but major strides have been made for mass adoption of digital payments and blockchain technology. A quick look at major headlines over the past 12…
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