Altcoin News

Lawyer Admits Tether Only 74 Percent Backed by Cash, Equivalents

iFinex Inc, issuers of Tether (USDT), the largest stablecoin, only has backing for 74 percent of its supply, according to documents released by the company on April 30.

China to Fund Blockchain City in the Malaysian Malacca Strait

The Chinese government is aiding in the construction of a “blockchain city” in the Malaysian Malacca Strait, an essential shipping lane to the country.

Bitfinex Allegedly Covers $850 Million Loss With Tether Funds

Attorney General Letitia James today announced that her office obtained a court order enjoining iFinex Inc., operator of the Bitfinex virtual asset trading platform, and Tether Limited, issuer of the “tether”, and their related entities, from further violations of New York law in connection with an ongoing activities that may have defrauded New York investors.

Samsung Invests $2.9 Million In Cryptocurrency Startup Ledger

Samsung has invested 2.6 million euros ($2.9 million) into cryptocurrency hard wallet startup Ledger, according to French business magazine Capital.

Blockchain Browser Brave Launches New Cryptocurrency Ad Platform

Starting today, users of Brave’s latest release of the desktop browser for macOS, Windows, and Linux can choose to view privacy-preserving Brave Ads by opting into Brave Rewards.

Binance Completes BNB Mainnet Swap, Opens Deposits and Withdrawals

Binance has completed the Binance Coin (BNB) mainnet swap and has opened deposits and withdrawals.

Use Cryptocurrency on Amazon.com with New ‘Moon’ Browser Extension

Cryptocurrency users can now shop directly on Amazon.com via Lightning Network or from a Coinbase account with bitcoin, litecoin, ether and Bitcoin Cash.

Craig Wright Files Libel Claim Against Cryptocurrency Podcaster Peter McCormack

Bitcoin SV (BSV) advocate Craig Wright has filed a libel claim in the United Kingdom seeking £100,000 (over $130,000) in damages against cryptocurrency podcaster Peter McCormack.

Coinbase Expands Crypto-to-Crypto Trading to 53 Countries

Cryptocurrency exchange Coinbase has announced they will be expanding crypto-to-crypto conversions and trading services to 11 more countries.

KuCoin Announces New Feature to Self-Custody Cryptocurrency

Cryptocurrency exchange KuCoin has announced a new beta feature allowing users to custody their cryptocurrency while trading.