A Texas academic created a stir last year by alleging that bitcoin’s astronomical surge in 2017 was probably triggered by manipulation. He’s now doubling down with a striking new claim.
Browsing: tether
A class-action complaint accuses the companies behind the stablecoin tether of “propping and popping the largest bubble in history”, leading to disappearance of $265-billion in cryptocurrency wealth.
What’s the world’s most widely used cryptocurrency? If you think it’s bitcoin, which accounts for about 70% of all the digital-asset world’s market value, you’re probably wrong.
Facebook, a centralised corporate giant with a history of customer data-use controversies, is an unlikely candidate for bringing cryptocurrencies to the masses.
Cryptocurrencies tumbled after New York’s attorney general cast fresh doubt on the stability of tether, a virtual currency that plays a central role in trading on crypto exchanges around the world.
A sudden exodus from the most popular dollar-linked cryptocurrency rippled through digital asset markets, saddling some investors with losses while propelling bitcoin to its biggest gain in more than three weeks.