tether

"Number Go Up: Inside Crypto’s Wild Rise and Staggering Fall" by investigative reporter Zeke Faux has several chapters on FTX's founder, Sam Bankman-Fried, but it's also about crypto more broadly.

Binance, the issuer of the world’s third-largest stablecoin, said on Monday it will convert customers’ holdings in three rival stablecoins USD Coin (USDC), Pax Dollar (USDP) and True USD (

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This week Alex was back with Grace and our new producer Th

Celsius Network, one of the biggest crypto lenders, told customers Sunday evening that it is pausing withdrawals, swap and transfers between accounts in a move that has sparked discussions and prompte

Terraform Labs' plan to revive the Terra Ecosystem after its stablecoin UST and cryptocurrency LUNA nosedived earlier this month has passed and been approved by the community.

“The truth is, I found my information [about this situation] on Twitter like everyone else,” Luna Foundation Guard adviser Jonathan Caras said.

U.S. regulators, already skeptical of crypto, are doubling down on their stance as the digital asset markets plunge this week. U.S. Securities and Exchange Commission chair Gary Gensler made his conce

Cryptocurrency exchange company Bitfinex is launching Bitfinex Pay, a cryptocurrency payment gateway. With this new product, online merchants can accept payments in various cryptocurrencies. It should

From Brazil to Nigeria, people turn to bitcoin because it’s the most advantageous way for them to conduct international transactions. 

What if Libra wasn’t backed by a basket of international currencies, but only the dollar? Regulatory pushback to the Facebook-led cryptocurrency Libra has caused major partners — including

The promise of Tether, the digital currency pegged 1:1 to the US dollar, was that it could provide the benefits of a cryptocurrency while providing a fiat -backed peg against price fluctuations. But t

A stablecoin is a cryptocurrency pegged 1-to-1 with another “stable” currency. In most cases, these coins are pegged to the US dollar and, as such, allow for true transfers of actual fiat

Four of the world’s largest crypto exchanges are leading a $32 million investment in an ambitious venture out of Korea that’s aiming to develop a new stable coin using e-commerce as the ly

It was a simple concept: a cryptocurrency whose units were always and constantly worth exactly one dollar, because they were backed by dollars held in a bank. Voila: dollars with the powers of crypto,

Bitcoin cruised past $8,000 for the first time this week, but it hasn’t been smooth sailing for all after Tether — a company that helps exchanges convert fiat currency to token — sa