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Tether has updated the terms on its website, saying that its dollar-pegged USDT stablecoin may not be backed 100 percent by fiat reserves......»»

Tether Ltd. may have the cash reserves to back up its 1.8 billion dollar-pegged tokens, says Bloomberg......»»

Tether (USDT) is a popular stablecoin in the crypto market. USDT is c.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

The New York attorney general’s office settled Tuesday a nearly two-year investigation into the finances and corporate practices of the companies that operates the Bitfinex cryptocurrency exchange and the stablecoin tether......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Are stablecoins fully backed by reserves? Are they FDIC-insured? Stablecoins may be too good to be true, says our columnist......»»

Harley-Davidson Inc cut its quarterly dividend to just 2 cents and suspended share buybacks on Tuesday to boost its cash reserves as global lockdowns due to the coronavirus pandemic hit motorcycles sales in the first quarter......»»

Mayor Bill de Blasio proposed an $89.3 billion budget for next year, $6 billion smaller than he had planned in January, relying on spending cuts and drawing from reserves to make up for an expected... To view the full story, click the title link......»»

Saudi Arabia's energy minister said on Monday that effective global oil supply cuts would amount to around 19.5 million barrels per day, taking into account the reduction pact agreed by OPEC+, pledges by other G20 nations and oil purchases into reserves......»»

Saudi Arabia's energy minister said on Monday that effective global oil supply cuts would amount to about 19.5 million barrels per day taking into account the reduction pact agreed by OPEC+, pledges by other G20 nations and oil purchases into reserves......»»

Tether CTO Paolo Ardoino believes the USDT stablecoin can boost the decentralized finance ecosystem......»»

The world's largest stablecoin by market value is now live on the Bitcoin Cash network via the Simple Ledger Protocol......»»

Binance USD, a U.S. dollar-backed stablecoin, has surpassed $100 million in market capitalization, chipping away at a market still dominated by Tether's TUSD......»»

Oil prices are now so low, banks’ bad loans to the energy sector may lead to dividend cuts — or worse......»»

Oil futures fall sharply Friday as Russia balks at a call by OPEC for additional production cuts and as investors again flee assets perceived as risky on worries over the economic impact of the global spread of COVID-19......»»

Oil prices fell on Thursday as the coronavirus epidemic showed no signs of slowing, feeding worries about the global economy and prompting investors to sell more risky assets like stocks and crude oil and park money in safe havens......»»

Get ready for cuts or tax hikes.....»»

Oil futures trade sharply lower Tuesday as concerns about the coronavirus and its impact to demand resurfaces, fueling a broader aversion to assets considered risky on Wall Street......»»

Get ready for cuts or tax hikes.....»»